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Recession Catches Up With Concert Revenues

MARY LOUISE KELLY, Host:

As NPR's Tamara Keith reports, this summer's concert season is littered with cancelled shows.

(SOUNDBITE OF SONG, "PLEASE DON'T STOP THE MUSIC")

RIHANNA: (Singing) Please don't stop the music. Music. Music. Music.

KEITH: She's in good company, though. Lilith Fair, the Eagles and American Idol Live have all trimmed back their tours this summer.

(SOUNDBITE OF SONG, "BEAUTIFUL DAY")

LOUISE KELLY: (Singing) You're out of luck...

KEITH: Kevin Lyman is the tour's founder.

LOUISE KELLY: I think it's an indication of a rough summer. I think it's a bit of the economy. I think it's a glut of everyone on the road all at once trying to make up for the revenues that they're not making on their records.

KEITH: Lyman is also the man behind the punk rock Van's Warped Tour. This year, he says business is down eight to 10 percent in most markets.

LOUISE KELLY: We're seeing a dynamic shift in the touring industry, and I think we'll probably come out stronger in the long run, but right now, some real hard times.

KEITH: Tamara Keith, NPR News, Washington. Transcript provided by NPR, Copyright NPR.

Tamara Keith
Tamara Keith has been a White House correspondent for NPR since 2014 and co-hosts the NPR Politics Podcast, the top political news podcast in America. In that time, she has chronicled the final years of the Obama administration, covered Hillary Clinton's failed bid for president from start to finish and thrown herself into documenting the Trump administration, from policy made by tweet to the president's COVID diagnosis and the insurrection. In the final year of the Trump administration and the first year of the Biden administration, she focused her reporting on the White House response to the COVID-19 pandemic.