New Blow to Music as Concerts Fizzle
(Wall Street Journal) — In the latest blow to the beleaguered music industry, revenue from its chief bright spot, concert tours, declined sharply in 2010, as strapped consumers stayed away in droves and aging acts failed to make up for a thin crop of young superstars. The box-office take for the 50 biggest grossing tours in the world fell 12% to $2.93 billion, from $3.34 billion in 2009, according to Pollstar, a trade magazine considered the leading monitor of ticket sales.
SEE ALSO
- Gym Etiquette 101: 10 Rules Every Respectful Member Should Follow
- Terrence Howard Bashed For Rejecting Marvin Gaye Biopic Over Gay Kiss Scene
- Celebrity Hairstylist Dee Michelle Talks Hair Health & Her Invisible K-Tip Method
- Protected: The Sound Of Movement: Ledisi Reflects On The Power Of Protest Music And Self-Love In ‘The Crown’
- From Basic To Bomb: 5 Ways To Elevate Your Sex Game This Summer
