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Concert Biz Slumps in 07


12/26/2007
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(Reuters) High-priced reunion tours by the Police, Van Halen and Genesis failed to prevent the North American concert industry from posting its worst year since 2004, according to a music industry trade publication.

The top 20 tours generated $996 million, down 15.6 percent from the year before, according to preliminary data issued on Friday by Pollstar, which covers the concert business.

The previous low was $951.1 million in 2004, when Prince and Madonna topped the box office, it said - more on this story

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