A swift rebound and unprecedented tickets sales for live music after pandemic shut venues down
10 months ago

A swift rebound and unprecedented tickets sales for live music after pandemic shut venues down

Associated Press  

Powered by big stadium tours from artists like Taylor Swift and Beyoncé, ticket sales are booming and it appears likely that live acts will continue to draw massive crowds this year after the pandemic closed down concert venues globally for close to two years. Concert and event producer Live Nation confirmed this week what data has been showing for more than a year: With COVID largely in the rearview mirror, millions are seeking entertainment away from home and they’re willing to spend a lot of money to do it. “We actually look at 2025, it looks like it’s going to be a monster stadium year again as that pipe kind of reloads itself.” And though Live Nation controls a huge part of the live event sector, others are also predicting big growth for the broader industry in the coming years. In December, entertainment data firm Pollstar reported that Taylor Swift’s Eras Tour was the first tour to cross the billion-dollar mark in revenue and predicted a big 2024 for Swift as well.

History of this topic

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