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