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

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
thumbnail

Suffering an undisclosed illness, Hetfield takes things slow until his return to Denmark in September where he will "do their best to make it up to everyone".

6 Feb 2017 15:27
thumbnail

The band return to the studio to "make a bunch of racket" in a prelude to writing material for their next project. Recently interviewed bassist Mike Inez gives the lowdown.

27 Jan 2017 16:06
thumbnail

Research from the National Association for Music Education has recently highlighted the most fundamental aspects of an effective practice routine and how to be a better musician

30 Dec 2016 15:56
thumbnail

MusicRadar recently spoke to iZotope to get their opinion on intelligent mixers and how they are impacting the contemporary producer.

29 Dec 2016 13:11

Recent Music News

thumbnail

In a three week celebration extravaganza, the city of Liverpool will be paying testament to the legendary Beatles album 'Sgt. Pepper's Lonely Hearts Club Band'

24 Mar 2017 14:48
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

An icon who helped propel the rock 'n' roll movement to new and unprecedented heights. Chucky Berry is praised by many as a founding father of modern music.

20 Mar 2017 11:31
thumbnail

Until the 31st of May the CS18AI is available at an incredibly reduced price. Additionally, claim a free upgrade to PreSonus Studio One upon purchase.

17 Mar 2017 15:43