CELEBRITY
Jennifer Lopez, Bad Bunny and Justin Timberlake are struggling to sell concert tickets Yet, Taylor Swift is holding the most profitable concert tour in music history.: Here’s why
Jennifer Lopez can’t sell concert tickets.
Nor can artists like Bad Bunny, The Black Keys, Justin Timberlake and Pink, according to reports.
Even Coachella was reportedly more lackluster than in previous years.
Yet, Taylor Swift is holding the most profitable concert tour in music history.
And Beyoncé kills it whenever she’s on the road.
While not all artists’ issues are the same, there do seem to be some universal themes impacting the music business.
There are a lot of concerts going on in a post-pandemic world, ticket prices are climbing and it’s not easy to obtain tickets.
Taylor Swift is having an epic concert tour.
The average ticket price for the top 100 tours in the first quarter was a record $123.25, according to data from concert ticket tracker Pollstar, cited by Business Insider.
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Plus, artists may be overestimating their appeal by booking massive venues after delivering one hit.
Last week, Live Nation announced J.Lo’s tour was canceled and the singer/actor was taking time to be with her family and friends.
There was speculation the issue was the pop diva’s crumbling marriage to Ben Affleck.
But sales of her latest album have been weak and the companion film on Amazon Prime Video got panned. J.Lo’s planned Las Vegas residency is also in jeopardy.
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