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Gas Prices, Economy Shake Sales For Summer Tours

6/26/08, 11:22 am EST

The axiom has always gone “Bands make all their money on tour,” but this summer is shaping up to be troublesome for many treks, especially by veteran acts. Ticket sales for destination festivals like Bonnaroo and Coachella dipped, tours by George Michael, Maroon 5 and Janet Jackson are struggling and even Bruce Springsteen’s sales have been soft in some markets. Click below for how the industry is reacting to these new roadblocks, including what blockbuster tours have had to offer cut rate tickets and what tours are selling well in this climate.

Gas Prices, Economy Shake Sales For Summer Tours


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Comments

Anonymous | 6/30/2008, 7:37 pm EST

well coachella in the middle of the desert, which isn’t worth the time and hassle. Plus its real hot and like twenty dollars for water. It’s a bummer. The best place to see live shows is in a little venue or bar. I speak the truth.

Swingline | 6/26/2008, 2:29 pm EST

The concert industry seems ripe for a change of some kind. For quite a while there have been bands (a lot of them reunion tours or older acts) that are charging through the roof for shows. Festivals will always exist, but they’re usually one-offs in select areas, making them a different beast.
Maybe some of these acts who think they’re large arena-worthy could benefit from doing mid-venue shows and creating a higher demand and maybe multiple shows.
Could be wrong, just a thought…

Mike | 6/26/2008, 2:11 pm EST

I will take my rent money to see Janet Jackson, (just kidding). However, she does do a great show !

sean | 6/26/2008, 2:01 pm EST

tom petty and steve winwood sold out completely in pittsburgh 2 weeks ago…20 thousand-plus, outdoor venue…

Dave | 6/26/2008, 1:44 pm EST

no, Bonnaroo did not sell out.

dudeman | 6/26/2008, 1:32 pm EST

Didn’t Bonnaroo sell out? How could sales have dipped when you have to sell second tier tickets after twenty minutes on the market?

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