Tour cancellations are rising as another reliable income source evaporates
Tour cancellations are increasing as many musicians, especially in the independent sector, face financial challenges. Factors such as inflation, rising costs, and competition are negatively impacting earnings from live performances, which used to constitute a large part of artists' revenue. Notably, notable bands like Helmet and The Armed have canceled their tours due to these economic pressures, despite some high-profile successes in the industry. Bruce Houghton, a significant figure in the music business, highlights these ongoing struggles within the live music scene.
Published on Monday, August 26, 2024 at 3:26 AM
Read the article
Hypebot - Music Tech
You might like these
Keep up with your corner of the music industry
You're all set.
Check your e-mail.
Subscribe
Stay up to date on industry news, music, and articles with our industry newsletter. Whether you’re a fan, musician, or industry professional, we’ve got you covered.