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Despite concerts having historically been more about promoting new music than making significant profits, ticket prices have soared. Costs for concert tickets have risen dramatically—175%—while music lovers now enjoy a more affordable listening experience, averaging $130 per year. Yet, with fewer artists able to fill stadiums, many venues sit vacant for extended periods. A handful of artists, like Taylor Swift and Ed Sheeran, have successfully navigated these waters, with major tours generating immense demand and revenue.