Reported 4 months ago
In 2023, the Taylor Swift Economy saw consumers spending heavily on experiences, but 2024 signals a shift with cancellations like Jennifer Lopez's 'This Is Me...Now' tour. With rising ticket prices and various other artists pulling out from tours, Yahoo Finance's Rachelle Akuffo discusses the impact on consumer spending and offers advice on handling cancellations. The trend hints at a potential shift in consumer behavior in the entertainment sector, as reflected in the market's response.
Source: YAHOO