Browsing all posts in live concert revenues.
Pearl Jam Bundle
Pearl Jam has found a creative way to sell their new album by bundling it together with a ticket sale at the point of purchase. Pearl Jam will roll this out for their upcoming Australian tour. They will offer the following two option in addition to the price of the ticket: $15 Australian ($12.36) – [...]
Free Coldplay
Coldplay has a new tour beginning on May 15th and they are giving away a free cd to all concert attendees. A little 9-song thank you to the loyal fans. Coldplay is obviously making enough money to where this isn’t exactly a free giveaway, but it’s important in that it shows the shift from album [...]
US Concert Corporate Sponsorships
Corporate sponsorship of major concert events are expected to rise 3.8% this year in a sign that companies are increasingly devoting money to live music events. Companies based in North America will spend $1.08 billion in music sponsorships this year, compared to $1.04 billion last year. This includes sponsoring tours, festivals, and music venues. The [...]
Radiohead Experiment
At the recent Midem music conference in Cannes, Brian Message, co-manager of Radiohead, revealed a little of the successes he had with the “pay-what-you-want” business model for Radiohead’s last album release. Without providing exact numbers, Message said that the band had received revenue well above the cost of album production. But an even more important [...]
Live Nation Equity
We have all been surprised by the recent deals signed between artists and Live Nation. Live Nation would sign these artists for multi-year deals and then take a chunk of revenue from a number of different aspects of the artists’ career. So, for instance, Jay-Z signed a huge deal, but will also provide revenues from [...]
Live Nation Ticketing
The concert ticketing game is about to undergo some big changes. Recently, Ticketmaster has been the ticketing agent for all Live Nation venues & concerts. But this alliance is coming to an end and Live Nation will bring this in house. In addition to being a wise financial decision, it also has perhaps an even [...]
Live Concert Revenues
Some new revenue numbers have come out for some recent concert tours. A concert tracking company called Pollstar said revenues for the top 100 artists for the first half of ’08 was a combined $1.05 Billion. This is similar to sales last year, although fewer tickets have been sold (down 5.6%). The top guys were [...]
