Reported 4 months ago
Major artists like Jennifer Lopez and The Black Keys are canceling or changing their tours, raising concerns about a possible slowdown in the live music industry post-pandemic. Factors like consumer spending fatigue, high ticket prices, and oversaturation of the market with tours are contributing to this trend. While some artists are still seeing high demand and prices, others are struggling to attract audiences amid rising costs and competition for fan dollars.
Source: YAHOO