Why some artists like Jennifer Lopez, Black Keys are suddenly canceling shows and tours :
Jennifer Lopez has canceled her “This Is Me…Live” summer tour in order to spend more time with her family and friends, according to a statement from Live Nation.
Live Nation reported that “Jennifer is taking a break to spend time with her children, family, and close friends.” The actress and artist said on social media that she is “completely heartbroken and disappointed to disappoint you.”
The dates of The Black Keys’ upcoming international Players Tour have been abruptly and mysteriously removed from the band’s official website and social media accounts. In the meantime, the band has canceled the North American portion of their tour.
Fans discovered on Friday that all of the dates for the International Players Tour’s North American arena dates—which were scheduled to begin in Tulsa, Oklahoma on September 17 and continue through Detroit until November 12—had been canceled according to the Ticketmaster website.
There is, in fact, some indication of a slump. The average cost of resale tickets for summer music events has decreased from roughly $257 at this time last year to $213, according to an email from SeatGeek. The company hypothesized that the lack of mega-tours like Beyoncé’s “The Formation World Tour” and Taylor Swift’s “Lover Tour” last year may be partially to blame for the dip.
Artists who are at the pinnacle of their fame are in great demand and command huge fees. The next-highest price to see Morgan Wallen is $409, and the average resale price for Olivia Rodrigo’s “Sour” tour is $571, according to SeatGeek statistics, which was first reported by Axios.
Nonetheless, analysts claim that recent economic trends in the live music sector—specifically, the kind of consolidation the Justice Department is currently pursuing—have resulted into fewer smaller-sized venues.
This has made it even more difficult for artists, venues, and promoters to financially commit to any specific tour dates. Dave Clark, editor of Ticket News, said, “Some shows simply can’t afford to lower prices; they can’t wait to try to sell off the rest of the building.”
