Awesome Wells
The Ghost of Jack Tripper
I worked in the industry for a long time too and have friends at all the labels and especially Live Nation and this conflicts with all the conversations I have. They comb streaming data to plan tours, book proper sized venues, festival placement etc but I respect your point of view and very respectfully am not interested in this argument.
Live Nation staff would definitely have line of sight on how mad Hip Hop tours or dates are being canceled lately. It's because it's more expensive to tour now than it used to be. And labels don’t have the surplus of funds to get involved with all of that. And this is despite them telling these artists that they're platinum and popular. If they really were, it wouldn't be so hard for these household names to get asses in seats at these shows. It's not happening like it used to.
Dudes like Lil Baby, for example, supposedly had like the third-highest streams in a week for an album last year. His third "#1" album. They're saying he went platinum, though his first week sales didn't even hit 7,000 pieces. So this is streams, according to QC. But dude had to cancel mad shows on his tour because they couldn't spark up enough interest for the ticket sales. People weren't buying tickets. So the math is the math. And none of it makes sense. I'm on the label side now, so I know what's going on. It's just wack that this is what the business is now.