Cheap Concert Tickets? Rock On

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Unemployment is up and consumer confidence is down, but one silver lining of the recession is that last-minute tickets to hear big acts like Coldplay and Bruce Springsteen are as little as $1.

According to eBay Inc’s StubHub, the leading Internet ticket re-seller, last-minute concert ticket sales at sharply lower prices are on the rise for acts like Paul McCartney, Springsteen, Jonas Brothers, Coldplay, and U2.

Indeed, the nation’s leading concert promoter, Beverly Hills’ Live Nation Inc, said recently that U.S. concert ticket sales this summer were surprisingly strong despite a weaker economy. Live Nation sales were holding very strong, helped by discounts like fee waivers it introduced as a recession-year break for customers.



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