2007 Concerts In Review: Money, Music, Madness

It0s been another tumultuous year in the music industry, a business that0s seeing significant challenges to virtually every aspect of its business model, and that needs the pressure of such change as much as a polar bear needs a heat lamp. With peer-to-peer downloading of music that seems unstoppable no matter how many companies get shut down, bad press generated by poorly conceived punitive lawsuits against said file sharers, declining CD sales, increasing failure among traditional music retail stores, and well-known artists like Radiohead and Nine Inch Nails striking out on their own and offering new releases online for free; it seems these days the music industry can0t catch a break.
But with all of this doom and gloom, the one positive for the industry in 2007 has been a relatively strong live concert market. Nostalgia has been the order of the day, with classic rock acts continuing to hit the road, their numbers bolstered by reuniting 800s acts who0ve either got the itch as part of a midlife crisis, or who want to pad out their retirement income. Just look at the acts currently (week of November 20, 2007) holding the top fifteen spots on Pollstar0s Top 50 list of […]

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