Live Music Livlier Than EverLive Music Livlier Than Ever
According to Goldman Sachs (why are they researching concerts?) the number of concerts in the US has almost tripled since the year 2000 to 14,000 in 2006. The average per-concert attendance was 3,500. "The tippy-top of the concert industry celebrated a record-setting $3.6 billion in sales during 2006" says Spin Magazine (March 07).
This was quite apparent during last month's Digital Music Forum in NYC. While DRM was the heated debate that sprung up in every panel, and it wasn't surprising to see some executives squirming in their seats with the uncertainty of how to capture the developing digital market, there was an overall sense of confidence among the Live Music panel. They laughed at the difficulties of the big labels while they knew that live performances couldn't be pirated and business was better than ever.
