Summer Tours Slumping
A month after promoters declared the concert industry healthier than ever, big summer tours such as Ozzfest, Fleetwood Mac, the Dead and Lollapalooza have run into a concrete wall of slow sales. “Ticket sales are mixed, and in some cases they appear to be substantially off from the past,” says Alex Hodges, executive vice president of House of Blues Concerts, one of the three major U.S. promotion companies. The summer’s success stories so far are big-buzz superstar events such as Prince and Madonna, plus low-cost packages including the long-running Warped Tour, Alanis Morissette/Barenaked Ladies and No Doubt/Blink-182. Also, the three-day… Read more »