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You are here: Home / Summer Concert Boom Marks Industry Turnaround

Summer Concert Boom Marks Industry Turnaround

· September 4, 2015 ·

With the Rolling Stones , U2 , Taylor Swift and One Direction on the road during an economic recovery, it's hard to imagine the concert business having anything other than a blockbuster summer. First-half North American ticket sales were up 5.8 percent compared to 2014, according to Pollstar; top promoter Live Nation's sales, through July, increased 7 percent; and AEG Live, the second-biggest promoter, posted box-office gains of 26 percent. Plus, Lollapalooza drew 300,000 fans, the Stones grossed $80 million from just 10 shows, Swift has sold 2 million tickets so far, the Grateful Dead set an attendance record by drawing more than 70,000 fans to Chicago's Soldier Field and even Ed Sheeran is selling out stadiums internationally. "I can't think of a time in recent history that business has been any better," says Jay Marciano, AEG Live's chairman. Related Summer 2015’s 30 Hottest Tours Related Lady Gaga’s ‘Born This Way’: Much Better Than ‘Express Yourself’ ‘Silence of the Lambs’: The Complete Buffalo Bill Story The most obvious reason for the summer concert boom is the turnaround since the 2008 economic crash. For a few years after that, promoters failed to find the right ticket prices for top artists, canceling… Read full this story

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Summer Concert Boom Marks Industry Turnaround have 359 words, post on www.rollingstone.com at September 4, 2015. This is cached page on Movie Breaking News. If you want remove this page, please contact us.

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