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Overpriced Tickets Do Pay Off


12/29/2008
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(AP) The concert business grossed just under $4 billion worldwide in 2008, the most ever for a year and up almost 13 percent over last year, according to Billboard magazine.

"Overall, it's been a pretty good year for touring," said Ray Waddell, who covers the industry for Billboard. "I'd never say it's recession-proof, but it's resilient."

In North America, the average box office gross was up 18 percent and the average attendance up 6.3 percent. - more on this story



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