Main >> News Listing >> August 2004 >> Article ID 6379

Real reason for cancellation of toursType: Internet Article

Price 'correction' could tame big-name showsAug 29, 2004

Charles Blum, President, Star Plaza Theater

Charles Blum has a hunch it wasn't a knee injury that caused Britney Spears to cancel her summer concert tour. And Christina Aguilera's tour wasn't sidelined, he suspects, by strained vocal cords.

The real culprit, he says, was lousy ticket sales.

After demanding sky-high prices for popular concert tickets, the music industry is undergoing a price "correction," said Blum, president of Star Plaza Theater in Merrillville.

"The business model that has been in place no longer works," he said. "That model was: Charge what you want, people will come."

By contrast, Star Plaza's sales have been on the rise, in part by charging 20 percent to 40 percent less than downtown Chicago venues and offering free parking, Blum said.

"Since our pricing is so reasonable, people have the financial ability to come back and see two, three or four shows during the course of the year," he said.

Blum manages to control costs by not scheduling many shows during the competitive summer season: Star Plaza has only has two concerts in August. Blum also doesn't pursue many high-priced, A-list stars like Spears and Aguilera.

"I like to say Star Plaza goes after low-hanging fruit" such as comedian Steve Harvey and country singer Travis Tritt, Blum said. "The perception may be that they are not superstar artists, but they are sell-out artists," he said.

Source: Northwest Indiana News
Views: 1358 | Comments: 0  
Posted: 2004-08-29 06:12PM by alternativ



 Logged On As:

Username:Guest
Position:Unregistered Viewer

Search
User Options
FAQ
Login
Register

 Contributions
ChristinaMultimedia is a non-profit website. Costs to maintain the master server and other servers are very expensive. If you use and enjoy this website and any other websites of CMM, it would be greatly appreciated if you can help out with our costs.


 Online
Total Online: 6
6 Guests, 0 Members

 Site Statistics
Total Articles: 11578
Total Views: 9344488
Total Comments: 1600
Total Hits: 12885922
Total Unique Visits: 1700005



Layout and News Engine Copyright © 2003-2013 Christina News Source, a part of ChristinaMultimedia.
FAQ ٠ Contact