We're f—ked': California's music festival bubble is bursting

Over my adult life I've watched tickets for major acts go from under a hundred to over a thousand dollars. I used to have friends who would go to concerts every other week and see whoever was in town, but now the only people you can see at a reasonable price are local indie bands, and frankly that scene just doesn't appeal to most people. The music industry is like a sheep farmer who decided to kill and skin his sheep for leather and is now surprised that the wool isn't growing back.