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Concert Revenue Drops for First Time in 10 Years

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Concert Revenue Drops for First Time in 10 Years

Concert Revenue Drops for First Time in 10 Years

Concert Revenue Drops for First Time in 10 Years

  • Download
  • <iframe src="https://www.npr.org/player/embed/4734095/4734096" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The trade magazine Pollstar announces the first decline in pop concert ticket prices in a decade. The average price in the first half of 2005 dropped 6 percent. Promoters say this is because they're paying artists less. They're also booking fewer shows, and the touring festivals of past summers have given way to single events like Coachella and Bonnaroo.