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- BUSINESS, Page 49Business NotesENTERTAINMENTRevenge of The '60s
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- Which rock 'n' rollers ranked as the most successful road
- group in the U.S. during the first half of this year, grossing
- more than $22 million in concert receipts? Guns N' Roses? No. New
- Kids on the Block? Not even close. According to Pollstar, an
- industry magazine, it was that indefatigably truckin' '60s band
- the Grateful Dead. "They have consistently been one of the top
- five touring acts for the last five years," says editor Gary
- Bongiovanni. During the first half of 1991 the Dead, whose
- oldest members will soon be eligible for senior-citizen
- discounts, claimed six out of 10 of the top-grossing gigs in the
- U.S.
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- Helping the band amass those electrifying stats is a
- remarkably loyal core of "Deadhead" fans. But the competition
- was hurt by something less remarkable: the recession. Concert
- business is off 25% compared with last year's first half. Some
- managers are reluctant to send their artists on tour in such an
- inhospitable climate.
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