Want to make it in the new music industry? Then make sure you have the chops to play in front of a crowd. According to the latest estimates from University of Liverpool researcher Dave Laing, the global touring industry has probably grown larger than the global recording industry.
And if 2012 is roughly the breakpoint, the broader trend is fairly obvious. "The first indications of the market last year (such as Pollstar’s 4 percent increase in North American ticket sales) suggest that the live business worldwide may have returned to growth and may have definitively overtaken the record industry in revenue terms," Laing described in an overview recently published by Live Music Exchange.
FOR THE REST OF THE ARTICLE Digital Music News – What If I Told You the Concert Industry Is Now Bigger Than the Recording Industry….