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Music Concerts Earnings defy Recession

By: RaulDeSouza send a private message
Los Angeles : CA : USA | about 1 month ago  
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  • Music Concerts Earnings defy Recession
    Music Concerts Earnings defy Recession
    Posted by: RaulDeSouza
    Concert Crowd
  • Music Concert Earnings Defy Recession
    Music Concert Earnings Defy Recession
    Posted by: RaulDeSouza
    Concert Crowd
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Music Concerts Earnings defy Recession

Concert tours remained surprisingly strong this year despite the weak economy, with slightly more people heading out to see their favorite acts than in 2008. Gross revenue held steady at $1 billion for the period from May 1 to Sept. 1, matching earnings a year earlier. Big-name acts like Kenny Chesney, the Dave Matthews Band, Beyoncé, Bruce Springsteen, and Coldplay all enjoyed strong tours. Taylor Swift, the Jonas Brothers, and Kings of Leon all played to their biggest crowds yet this year, USA Today reports. Attendance overall for the season was up 3% from last year, with 19.2 million people seeing 4,200 shows. "We didn't have a great year, but we also didn't have the disaster that the economy might have foreshadowed," says the editor of Pollstar. "People are willing to open their wallets for artists on their must-see lists."

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READ MORE: Kenny Chesney, The Dave Matthews Band, Beyonce, Bruce Springsteen, Coldplay, Taylor Swift, The Jonas Brothers, Kings of Leon, Music Concert, Money, Recession, Music Industry, Rock, Pop, RnB
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Post a Comment Comments: 7
Reply
Posted By Arrnica Arrnica | about 1 month ago
You bet music nearly always generates such a wild euphoria among fans .. its like drug addiction .. they can't keep their hands off their favorite band's music concerts, else u get withdrawal symptoms envying the ones who are enjoying the show. Addiction defies recession ;)
Reply
Posted By Lima_Echo_India_Foxtrot Lima_Echo_India_Foxtrot | 29 days ago
Money goes down, depression goes up, money gets spent on a quick fix; entertainment industry sees a rise.
Reply
Posted By InspectorGadget InspectorGadget | 29 days ago
People aren't going to cut down on entertainment no matter what. You forgot about Lil' Wayne. He had one of the highest grossing tours in a long time. His shows grossed over 40 million. Now that's impressive, especially during a recession.
Reply
Posted By jojoeffe jojoeffe | 29 days ago
they will stress at work(because of the crisis), and they might find some entertainment.
Reply
Posted By quincy5556 quincy5556 | 29 days ago
this could be considerate stress
Reply
Posted By RaulDeSouza RaulDeSouza | 29 days ago
yes you are right ...it shows people are still positive and are tryinng to make things better
Reply
Posted By methee methee | 7 days ago
oh my God what a crowed
Reported by RaulDeSouza
RaulDeSouza

Member Since Jun 18, 2009

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