Concert Economics Exposed: Artists Net Just $8 from $100 Ticket Sales
A revealing report from NITO breaks down the harsh reality of concert economics, showing artists earn minimal profits after expenses. While ticket prices soar, touring costs and industry fees consume the majority of revenue, leaving performers with just 8% of ticket face value.
Sick New World 2025 Festival Collapses Under Financial Strain and Poor Ticket Sales
The highly anticipated Las Vegas metal festival has been canceled due to financial challenges, including hefty headliner fees and disappointing ticket sales. Despite previous successful editions, management changes and an oversized lineup contributed to the event's downfall.
Lana Del Rey UK Tour Sparks Outrage as Ticketmaster Prices Soar Above £400
Fans express fury as Ticketmaster's dynamic pricing system drives UK tour tickets to unprecedented levels, ranging from £100 to over £400 for premium seats. The controversy reignites debates about concert affordability and Ticketmaster's monopolistic practices in the industry.
Supergrass Celebrates 30 Years of 'I Should Coco' with Special Anniversary Show
Iconic Britpop band Supergrass announces headlining performance at Bedford Summer Sessions 2025, featuring their debut album played in full. The Oxford trio will deliver a career-spanning set alongside supporting acts The Coral and Willie J Healey.
Live Nation's Latest Controversy: $15 Chair Rental Policy Sparks Outrage
Live Nation implements a contentious ban on personal lawn chairs at most outdoor venues while offering their own rentals for $15. The policy, affecting 31 of 37 amphitheaters, draws criticism from concertgoers and politicians amid ongoing antitrust scrutiny.
Live Nation Reports Record-Breaking Summer Concert Season in Q3 2024
Live Nation achieves unprecedented success with a 4% increase in adjusted operating income and 13% rise in shows. The company's strong performance sets new industry benchmarks and promises continued growth into 2025.
Oasis Strikes Back: 50,000 Scalped Tickets Cancelled for Reunion Tour
Promoters Live Nation and SJM take bold action against ticket scalping, cancelling over 50,000 resold tickets for Oasis' 2025 U.K. reunion tour. The move aims to ensure fair access for fans and combat inflated secondary market prices.
Oasis Reunion Tour Cracks Down on Scalpers: 50,000 Resale Tickets to be Invalidated
Promoters of the Oasis reunion tour are taking a stand against ticket scalping by canceling 50,000 tickets sold on unauthorized platforms. The invalidated tickets will be resold at face value through Ticketmaster, ensuring fair access for fans.