
I wonder what's going to be out there when "our" bands can't make it on the stage anymore.
http://www.sltrib.com/ci_3085038?rss
Hip hop may be the top dog in CD sales and radio plays, but it's rock 'n' roll that still fills the arenas - and we're not just talking legends like the Rolling Stones and Paul McCartney.
It's bands like Meat Loaf, Journey, Pink Floyd, STYX, REO Speedwagon and Judas Priest that, if you weren't around in the '60s or '70s, you might not have even heard of.
Trouble is, a lot of these guys are hitting retirement age. Some sexagenarian performers have even had to cancel tours due to age-related ailments such as heart problems and strokes.
"What's going to happen when they're gone? It's a legitimate concern in the industry,'' says Gary Bongiovanni, editor of Pollstar, the chronicle of the $2.8 billion concert trade. ''They're a huge percentage of our business.''
When these performers and the second-tier rockers eventually shelve their road acts, the touring business could find itself hard pressed to fill the void.
With a handful of exceptions such as Jay Z, Eminem and Kanye West, the iconic music of today's youth - hip hop - doesn't pack venues with fans in the way rock does, those in the industry say.
And classic rock is crucial to the industry's gross revenues, boasting some of the biggest earners in the business - to wit, U2, Elton John, Bruce Springsteen and the Eagles.
One reason for hip hop's low box office performance: hefty prices, say some in the industry. Concert admissions have doubled in the past decade, from a $25 average in 1995 to more than 50 bucks this year. That's not to mention exorbitant ancillary expenses such as concessions, parking and service fees.
The result is the pricing out of younger crowds who, thanks to MTV and the Internet, have cheaper alternatives to connect with their pop idols.
''Baby boomers have disposable income. The younger audience doesn't have that disposable income. Kids just can't afford it,'' says Bernie Dillon, senior vice president of entertainment for the Seminole Hard Rock Hotel & Casino.