Live music seems recession-proof. Thank the ticket scalpers
Mar 23rd 2025
The mood music on Wall Street is downbeat, as America’s government throttles trade and hints at recession. Consumers seem poised to trim spending. Yet one corner of the entertainment industry is partying on. Live Nation, a concert promoter, has said it expects the live-music industry to break records in 2025. Its Ticketmaster app saw 70% more traffic this February than last, reckons Sensor Tower, a data firm.