Concerts would have made a record $12.3 billion this year, now - a record fall is expected

In the first quarter of this year, gross revenue for the Top 100 tours was a record $840 million, up 10.9% compared to the same period the previous year, while ticket sales rose 4.5% to 9.4 million. Based on that growth, Pollstar projects this year’s box office would have reached $12.2 billion had Q1’s percentage growth remained constant. Pollstar also forecasts the live industry would lose up to $8.9 billion of revenue if the rest of 2020 were to remain dark – a worst-case scenario and certainly not what is expected.