Risk-Sharing Promotions at Theater, Arena Often Lead to Losses
WHEELING – The concert industry as a whole has been facing the realities of a tough economic environment for ticket buyers, and the Greater Wheeling Sports and Entertainment Authority is experiencing the same challenges felt in similar markets throughout the country. While the top concert tours continue to post record profits and average ticket prices continue to rise for a chance to see the most popular artists, ticket buyers are apparently becoming more selective about how they budget and spend their money on entertainment costs, officials indicated. During Tuesday's monthly ...