With concert tours taking a big hit financially last year, will you be to see your favorite stars on the road this summer? According to Pollstar, North American box-office numbers for the 50 top-grossing tours dropped 15%.
Vector Management President Ken Levitan, who oversees the careers of Dierks Bentley, Trace Adkins and Craig Morgan, tells the Wall Street Journal that the shows will go on. “We might be jamming more people on fewer buses, or doing a little less pyro on stage,” he says. “Our merch numbers are very strong, and that’s a good sign of a little more disposable income out there.”
Even superstar acts such as Kenny Chesney are feeling the pressure. Read full article…
