BigChampagne's Ultimate Chart (a/o February 10th):
1. “What Doesn't Kill You (Stronger),” Kelly Clarkson
2. “Set Fire to the Rain,” Adele
3. “Turn Me On,” David Guetta
4. “Rack City,” TYGA
5. “Good Feeling,” Flo Rida
6. “Smooth Criminal (Glee Cast Version),” Glee Cast
7. “Young, Wild & Free,” Snoop Dogg & Wiz Khalifa
8. “Domino ,” Jessie J
9. “Sexy and I Know It,” LMFAO
10. “Ass Back Home ,” Gym Class Heroes
Ticket sales for Live Nation's top 100 tours dropped nearly 10 percent during the first half, according to a financial meeting on Thursday. That is part of a 17 percent industry decline across the top tours, based on company breakdowns.
And up ahead, Live Nation pointed to a second-half (current period) drop of 15 percent for the top 100 tours, part of a very rocky year. During the call, Live Nation CEO Michael Rapino blamed broader economic pressures, though high-profile cancellations by U2 and others are also contributing.
The street disliked the bad news, especially its broader effects on Live Nation revenues. At the closing bell, shares of Live Nation (LYV) dropped more than 10 percent. That might be the beginning of a broader share drop.
A detailed Live Nation report can be found here. The top 100 stat was pulled from slide 60.
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