Industry Roundup
Nowhere is the inflationary cycle spinning faster than in concert ticket prices. The best tickets for performances by major pop and rock stars this summer will be priced in the low-to-mid hundreds. No, that's not a misprint, and it doesn't include "service charges" and other bogus fees tacked on by ticket agencies. Good seats for Eric Clapton's summer tour will be more than $250 each; similar seating at Simon and Garfunkel's "Old Friends" show at the Hollywood Bowl will go for $700, according to "Parsley, Sage and $350 Seats," a revealing look at skyrocketing ticket prices by Ethan Smith in the May 7 issue of <I>The Wall Street Journal</I>.