BTS' online success gives music festivals hope for virtual paydays
May 23, 2021 YouTube/BangtanTV The coronavirus pandemic has forced virtually all live musical performances onto the internet – and paid-for music live-streams have been so successful that, when and if it finally recedes, a lot of performances are likely to stay online. Live performance has been the backbone of the music industry since streaming gutted record sales, so musicians, as well as the industry that supports them, have lost most of their income recently. Concert industry trade publication Pollstar estimated that the global concert industry lost US$9 billion, or 75 per cent of its re...
Source: asiaone.com