Live music seems recession-proof. Thank ticket scalpers
When demand softens, the secondary market absorbs the pain
The mood music on Wall Street is downbeat, as America’s government throttles trade and consumers seem poised to trim spending. Yet one corner of the entertainment industry is partying on regardless. Live Nation, a concert promoter, has said it expects the live-music industry to break records in 2025. Its Ticketmaster app had 70% more traffic this February than last, reckons Sensor Tower, a data firm.
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This article appeared in the Finance & economics section of the print edition under the headline “Mo’ problems, mo’ money”
Finance & economics
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From the March 29th 2025 edition
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