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Economy challenge to live music shows

World News
February 22, 2019

TURKEY                

Despite shows with Joe Satriani, The Vaccines and Liam Gallagher last year, promoter Zeynep Boyner of BKM International Events is concerned at the negative impact the country’s worsening economy is having on the live entertauinment industry.

“As ticket prices are in Turkish lira and most artiste fees are in US dollars, it is hard to keep up with the [currency] devaluation,” she says.

“The descending consumer index and lack of sponsor availability doesn’t help either, and overall look for the entertainment market this year is much worse.”

One highlight was last summer’s concert by Liam Gallagher at Maçka Kücükciftlik Park (cap. 13,000) in Istanbul.

“It was his first time in Istanbul and he seemed to be very touched by the audience reaction and he loved the city,” notes Boyner.

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