With prices for live music going through the roof, fans are turning to payment plans as an interest-free way to pay for their festival tickets.
Prices are increasing almost 10% a year, double the pre-pandemic rate.
If passed, the bipartisan legislation will bring enforcement and transparency, prohibit deceptive websites, disclose resellers, and ban speculative ticketing.
The Indio, Calif. event is still the No. 1 festival in the U.S. despite slower-than-average sales — but it's not alone in experiencing a dropoff.
With consumer sentiment improving and recession risks fading, 2024 is shaping up to be another record-breaker.
The concert giant plans to challenge a recent subpoena in court.
