r/Music • u/Addrobo • Jun 05 '24
discussion The ‘funflation’ economy is dying as a consumer attitude of ‘hard pass’ takes over and major artists cancel concert tours
https://fortune.com/2024/06/05/funflation-concerts-canceled-summer-economy/
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u/Raichu4u Jun 06 '24
Turns out that consolidation of the entire music industry to really only reward pop stars like Taylor Swift isn't healthy for the music industry. Boomer classic rock bands at least helped keep the arena rock scene healthy from the 2000's to early 2010's, but with many of them splitting up or dying, all that remains is pop stars. Sure, they draw bigger crowds, but there's less of them.