Chirag Sutar    30 Dec 08 11:13 IST

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Rock On For Humanity

With physical sales of the record industry registering a constant decline of almost 44 per cent each year from 2000 through 2007, the live music business gave new hope to organisers, artistes and listeners alike. With sponsors offering 360 degree deals to the artiste, this seemed to be the best option as the record music industry went through the slump. In 2008, the period till September was good, but in the following months, many concerts got postponed or cancelled. The 26/11 terror attacks in Mumbai added to the trouble already created by global recession. Industry experts believe that worse is still to come and the situation can only improve by the end of 2009.

Not only organisers, bands too are having a tough time as many have to adjust to the new scenario. "Seven of our shows got cancelled in December (2008) itself," confirmed electronic dance music producers Jalebee Cartel. The band had to let go almost 45 per cent of their earnings, during the year end. "Organisers have been requesting us to cut down due to the recession – we too are being considerate" they add.

Pt Shashi Vyas who recently organised 'Heartbeats', a concert featuring Sivamani, U Shrinivas, Shankar Mahadevan and Ustad Zakir Hussain, says, "Considering the situation, classical musicians have been 'accommodative'".However, E-18 CEO Farhad Wadia feels otherwise. "I don't think the artistes have reduced their prices. In addition, we now have to invest in the security, get armed guards, instal metal detectors – the situation has become quite sensitive. See what happened to the English cricket team," he points out. "I think the live business must have incurred losses of more than Rs 40-50 million this year," he notes.

During the year, E-18 organised rock fest I-Rock and towards the year end, arranged the Jethro Tull and Anoushka Shankar concert series. However, the much promoted Deff Leppard concert did not see the light of day. There were also rumours suggesting that the Deff Leppard India tour concert was called off due to lack of sponsors. But Wadia counters, "Deff Leppard didn't get cancelled for lack of sponsors – we cancelled it due to security reasons." Apart from I-Rock, there were also reports suggesting that one of the sponsors had backed out of the Great Indian Rock at the last moment. Nevertheless, the event proved to be quite successful, especially among



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