Higher Ticket Prices Help The Concert Industry Put On A Happy Face [The Biz]

In the face of tough economic times and not very many big-ticket shows, the concert industry actually did better this summer than it did in 2007! Well, if you only look at one measure of the industry, anyway. Billboard reports that overall concert grosses from May 1 to Labor Day were $1 billion, which is up 5% from $948.5 million in 2007. Hooray! More money! But lurking underneath those higher numbers is a slightly more troubling statistic—overall attendance was actually down 4% year-to-year, ...

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