Music Gear News

At Gear4music.com we update our news channel daily to ensure you always get the latest and most important music news.

2010 sees live music performance sales slump

Last year was the first time in a decade that live music performance sales figures slumped.
Great deals on musical instruments

Last year marked an "unusual first" in the music industry as it was the first time in a decade that revenues generated by live music slumped, according to a new report.

The Performing Rights Society (PRS) found that music fans were not spending as much money on live performances as they have done in the past.

Its report, Adding UP the UK Industry, revealed that concert-goers spent 12 per cent less on face value tickets last year than they did in 2009.

Invariably, the authors were aware that many would jump to a "knee-jerk" reaction that the live music "bubble had burst" but urged calm.

They suggested that this wasn't necessarily a lessening in the appetite for live performances, but could, in some instances, be accounted for by the lack of big names being on tour in 2010.

The PRS said: "In 2010, a number of stadium- and arena-filling bands were not on tour – Rolling Stones, Coldplay, Take That – and many of those that did tour opted to play smaller venues in order to limit their risk – Kings of Leon and Rod Stewart played arenas rather than stadiums.

"This risk-averse behaviour is rational in the current economic climate."

Robbie Williams has promised Take That fans that he is still part of Take That and will still tour with the band.

He was speaking after the group finished their massive tour last week.

Buy Pianos & Keyboards Now

 ADNFCR-2133-ID-800690801-ADNFCR

Posted on 5 Aug 2011 18:13 to category : Music News

Related Music News

thumbnail

Delivered by Choreographer and Theater Director Arlene Phillips, The Bacc For the Future campaign has acquired support of over 100 hundred influential figures

28 Mar 2017 12:28
thumbnail

On the 22nd of April, Pink Floyd will be releasing an unheard version of the iconic classic 'Interstellar Overdrive' in celebration of world record day

23 Mar 2017 15:29
thumbnail

With an increased quality of specifications right across the board, Apple's eponymous 'iPad' will host a whole generous selection of great new features.

22 Mar 2017 15:09
thumbnail

Supported by the likes of Ed Sheeran, Royal Blood, Wolf Alice and many more, Fanfair Alliances new educational guide is available for free download online.

21 Mar 2017 15:25
thumbnail

Aiming to provide equal educational opportunities for children across the U.K, NYMAZ outline the importance of technology in today's learning environment.

10 Mar 2017 12:22
thumbnail

Suffering from a shortage of funds in recent years, the Welsh educational system has experienced a slump in students who are expressing interest in music.

14 Feb 2017 13:19

Recent Music News

thumbnail

With the advent of various new files formats and the cancelling of several licensing programs, the MP3 is speculated to soon become a thing of the past.

17 May 2017 12:40
thumbnail

Renowned for their legacy of revolutionary amplifiers and guitar pedals, Gurus have fast established themselves as a leading voice in the guitar industry

15 May 2017 17:04
thumbnail

Control the harmonic content and output of your tone in one fell swoop. Designed for all things gritty and tenacious, Earthquaker's Erupter puts fuzz back on the map.

10 May 2017 16:55
thumbnail

JBL Professional has launched a competition that gives aspiring musician the opportunity to record in a professional facility with renowned producer Steve Levine.

8 May 2017 14:48
thumbnail

One of contemporary jazz's most revered figures, the legendary Django Reindhardt's Levin Deluxe archtop Guitar is to go on auction at the end of the month.

8 May 2017 12:13
thumbnail

BOSS' Multi-dimensional processing technology enhances and reacts to specific articulation, encouraging a consistently high quality sound free of compromise.

5 May 2017 13:17