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Tuesday, April 25, 2006

Touring Out Of Slump

Monsters and Critics.com, UK
April 25, 2006


For the first time in a while, the concert business has put up some numbers worthy of applause.

With nearly $375 million in grosses and 7.3 million in attendance for first-quarter 2006, the North American concert business shows signs of emerging from a two-year slump.

Driven by such acts as Bon Jovi, Billy Joel, Coldplay and Aerosmith, North American concert dollars are up 28 percent from a year ago, and attendance is up 19 percent, according to figures reported to Billboard Boxscore. Global numbers, with plenty of help from U2`s Vertigo tour, are up about half that amount in both categories.

The strong start has promoters enthusiastic. 'All artists were playing to bigger audiences than ever, [which] shows the fans will come when given a quality show,' Live Nation CEO Michael Rapino says.....


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