Why Major Artists Are Canceling Tours and Struggling to Sell Out Venues
Major artists like Jennifer Lopez and the Black Keys are canceling tours or switching to smaller venues due to high ticket prices, consumer spending fatigue, and an oversaturated market. The post-pandemic live music boom is cooling, with average resale ticket prices dropping and economic pressures making some tours financially unfeasible. Fans are becoming more selective, often limiting their concert attendance due to budget constraints.
