Rockonomics Revisited: The Rise of Music Streaming Services and the Effect on the Concert Industry
According to Krueger (2005) the main reason for concert ticket prices for popular music to show a sharp increase between 1996 and 2003 is that artists felt less con strained from increasing prices due to the erosion of the complementary relation ship with album sales. This paper continues his analysis in a more current context by focusing on how the rise of music streaming services has influenced concert ticket prices and revenues, while also providing a brief analysis on the effects of the eco nomic crisis.