State of the Live Music Business: Webinar Recap

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Attendance and revenues from concerts and festivals are soaring, but can the surge continue? Industry experts weigh in

Perfection is rarely achieved in movies, but this heaven-sent concert doc hits the sweet spot. Over two days in January 1972, the Queen of Soul, Aretha Franklin — she was 29 at the time — sweeps into the New Temple Missionary Baptist Church in Watts in front of a congregation and testifies to God in song. The blessed thing took nearly half a century to come out because director Sydney Pollack failed to sync the image with the sound.

Frankenberg agreed, saying, “For the people who are buying these tickets, it is more than just the performance by the artist, it’s this kind of social-cultural experience they experience it not just in the moment, blast it on their social media accounts.” Brown highlighted that “at the root of it is the cost of touring itself is going up … smart artists scale so each fan has the experience they want. Scaling has naturally made that curve go up, and I think we’ll continue to see that.”at Israel’s Supernova Music Festival on Oct. 7, fans are nervous — and not just for themselves: 27% of music lovers surveyed don’t attend live events out of safety concerns, while 35% worry about the artists’ safety at shows.

 

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