Pin It
Favorite

Bomb Garden 

by LUKE BAUMGARTEN & r & & r & MARKET CORRECTION & r & & r & Various news sources printed some big, dire headlines last Thursday that seemed to kick dirt in the face of all the predictions I've been making about the direction of the music industry -- or rather, the direction of bands within the industry. "U.S. Concert Business Slumps," read the least shrill summary.





Crap, right? I've been all: "Don't worry that you can't make money on your recordings, give them away free! Tour! Sell merchandise!" Touring was the linchpin of that little post-file-sharing business model. If people aren't going to concerts, the whole premise is screwed.





So what does this mean?





Less than it appears. The numbers heralding the slow death of concert-going are -- like the numbers heralding the slow death of the recording industry -- only indicative of the biggest players in the game, like the LiveNations of the world.





The doom-saying number -- $996 million in ticket sales, a 15.6 percent slide from last year -- doesn't even represent revenue from all of America's ticket sales. It's only revenue from the top 20 tours, hardly representative of the full spectrum.





What we're seeing with concerts, then, is almost identical to what happened to the recording industry: the big names who used to make all the cheddar aren't making so much anymore because they use a narrow business model, relying on massive acts to sell massive amounts of product (tickets, in this case). People aren't buying a million tickets for acts like Van Halen anymore, so the largest promoters are losing money. Should we weep?





Nah. It means either people aren't going to concerts any more -- a possibility I doubt -- or more people are foregoing the anti-intimacy of arena events for tighter knit fare. They're spreading the money around. Sure, James Taylor was sparsely attended, but God knows bar and club gigs aren't suffering. Empyrean's always packed. So is the Blvd.





People still want to be entertained -- that'll never change. They just expect a more tailored experience.
  • Pin It

Latest in Comment

  • A Simple Plan
  • A Simple Plan

    Impeaching judges and other modest proposals to shrink government
    • Mar 25, 2015
  • Those Teeth Are Sharp
  • Those Teeth Are Sharp

    Publisher's Note
    • Mar 25, 2015
  • Defending the System
  • Defending the System

    The American criminal justice system guarantees a defense for all; dedicated professionals make it happen
    • Mar 25, 2015
  • More »

Comments

Subscribe to this thread:

Add a comment

Today | Sun | Mon | Tue | Wed | Thu | Fri
2015 NCAA Division 1 Woman's Regionals

2015 NCAA Division 1 Woman's Regionals @ Spokane Arena

Sat., March 28 and Mon., March 30

All of today's events | Staff Picks

More by n/a

  • Iron Upgrade
  • Iron Upgrade

    The new one is smart and funny and action-packed, and it’s bigger and better and sleeker. And Downey does it again, this time ramping up Stark’s arrogant wisecracking, telling anyone who’ll listen (mostly women) that, via the creation of his powerful Iron Man suit, he’s brought years of uninterrupted peace to the world.
    • May 12, 2010
  • Seeing Gay
  • Seeing Gay

    A festival showing GLBT from all angles
    • Nov 9, 2009
  • Get Out the Vote
  • Get Out the Vote

    With all the uncertainty in the world these days, hot wings and cold beer are two things we can get behind
    • Nov 9, 2009
  • More »

Most Commented On

  • Why Idaho kids don't go to college

    And what that means for the Gem State
    • Mar 4, 2015
  • New Blood

    Candidates are launching bids for Spokane City Council and could bring big changes to city government
    • Mar 18, 2015
  • More »

Top Tags in
News & Comment

Briefs


Comment


marijuana


Publisher's Note


long reads


© 2015 Inlander
Website powered by Foundation