Troubling future for music concerts?

Music concerts: In the summer of 2023 the Eras tour became a “IT” port. Prominent, young adult general fours, suburban thousand and everyone briefly accepted “swiftism”. The Taylor Swift phenomenon reached its zenith and the following Fomo was real. After 149 shows in 51 different cities, the “cruel summer” singer created one “considerable socio -economic effects. ““ When the Eras tour completes her excursion, she sold amazing concert tickets on five continents. Sales of 2 billion US dollars.

Music concerts: astronomical prices for nosebleeds

Although Swift went back to the highest music concert concert concert concert concert concert use, swift did a little more. She rejected the withdrawal in the non-Median concert visitor. Thanks to the widespread demand and the limited offer “The average ticket price for the Taylor Swift Eras Tour was $ 1,550 per seat.Ironically, this full price was mainly for the “nosebleeds” that Taylor Swift fans had repeatedly defended on social media.

Then the consequences followed. In March 2025, the Daily Mail reported on the by -product of such astronomical prices and the subsequent incongruity. The heading of Mail was: “Gen Z and Millennials admit that they make massive debts to attend concerts such as Taylor Swift's Eras Tour.”

In the same article, the British boulevard newspaper dissolved the glaring reality. “For gene Z and millennials who grew up in a shaky world – think about recessions, pandemics and all of the jazz – not just about being impulsive,” said Dr. Poffenroth revealed. “Uncertainty, the brain's desire for meaningful moments” now “, like a concert, strikes about saving for a future that feels like a question mark.”

Effects of the economic slowdown on music concerts

This is also not limited to the Eras tour. Forbes reported later (BNPL) facet of coachella participants. Jack Kelly wrote in his article: “Festivals offer immediate satisfaction, and BNPL makes it available, even if this later means 200 US dollars for monthly hits of 200 US dollars. This reflects a broader” Yolo economy “in which 60% of the millennials report the expenditure of experiences.” Preventing heads are increasingly concerned. Similarly, a Touring Billie Eilish “Hight Me Hard and Soft: The Tour” awaits to face economically careful fans.

It is indeed a long way for everyone involved.