Taylor Swift & Beyoncé tours: Vivid Seats CEO on customer demand
Taylor Swift’s “The Eras Tour” and Beyoncé’s “Renaissance World Tour” are two of the biggest tours of the summer, with resale ticket prices going from hundreds to thousands of dollars. Vivid Seats CEO Stan Chia joins Yahoo Finance Live to discuss the customer demand for live events. Chia says, “I think we are at the start of, you know, what we call secular tailwinds towards the sector, where I think people really are prioritizing their spend towards live events.” “The consumer remains resiliently strong,” Chia says, “in the face of what we’re hearing around the rest of the economy.”