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U.S. concert business slumps despite reunion tours
High-priced reunion tours by the Police, Van Halen and Genesis failed to prevent the North American concert industry from posting its worst year since 2004, according to a music industry trade publication. The top 20 tours generated $996 million, down 15.6 percent from the year before, according to preliminary data issued on Friday by Pollstar, which covers the concert business. The previous low was $951.1 million in 2004, when Prince and Madonna topped the box office, it said. The comeback tour by Anglo-American rock trio the Police was the top draw this year with ticket sales of $131.9 million, followed… Read more »