Recent reports indicate that live music industry performance is exhibiting a degree of resilience despite prevailing economic conditions. Analysts suggest that the demand for live entertainment is not significantly impacted by current financial difficulties. The secondary market, encompassing ticket resale and merchandise, appears to be absorbing the negative impact of reduced consumer spending. Industry figures indicate a continued presence of ticket scalpers, attempting to capitalize on the current market instability. Overall, the sector’s performance is being assessed as a pragmatic response to evolving economic realities.
Credits: Finance & economics
