2007 Concert in Review: Money, Music, Madness

It was a tumultuous year in the music industry, a company that has seen important challenges for nearly – all aspects of its business model and needs the pressure of such change, provided that a polar bear needs a heat lamp. With peer-to-peer downloading of music that seems unstoppable, no matter how many companies are at rest, the bad press generated by poorly designed trial punitive against file sharers, the decline in CD sales, poor growing among retail outlets of traditional music and well known artists like Radiohead and Nine Inch Nails and repression of its own new offering free online versions, it seems that these days the music industry can not take a break.

But with all this pessimism, a positive for the industry in 2007 was a relatively strong live concert. Nostalgia was the order of the day, with classic rock acts to follow on the road, their number increased by the combination of 80 acts that have had this itch, either through a midlife crisis, or who want to increase their income retirement. Just look at the events today (week of 20 November 2007) taking the top fifteen spots Pollstar Top 50 list of concert tours:

1. Bon Jovi
2. Bruce Springsteen & The E Street Band
3. Van Halen
4. Celine Dion
5. Foo Fighters
6. Neil Young
7. Ozzy Osbourne
8. Tool
9. Billy Joel
10. Police
11. John Mellencamp
12. Elton John
13. Stevie Wonder
14. The Spice Girls
15. Rage Against The Machine

I count four sessions (five if you include Springsteen toured with the E Street Band), a lounge act of fleeing to Las Vegas and a couple of bands of relatively common. The rest definitely fit nicely under nostalgia, "" umbrella – not that Billy Joel and Elton John are not good or relevant, it's just his music is not what you usually wait for twenty one years old to wipe out, as their first choice.

The numbers are not all in yet, but look great and good. While that the journey has already begun in 2005, The Rolling Stones "A Bigger Bang Tour concluded in the autumn of 2007, and is in the Guinness Book of Records as the concert tour most successful in history. How great is that you ask? It grossed U.S. $ 560,000,000 (U.S. dollars) for the 144 dates played. That is the law, more than half a billion dollars, almost four million dollars a night. Not bad for pocket money.

Before getting all star eyed on the mass that had over fist in his hand Touring However, there are some reality checks to consider.

First, the record not usually travel money, so it's not like the concert revenue to help offset declining CD sales. The artists themselves are tourism a lucrative business, but usually not much of the money that is collected at the door. According to industry averages, an artist can expect to net from five up to thirty percent of the price Tickets and fifty percent of sales of goods of a show. Most will pay for making the sponsors of the road, teams, venues, vendors ticket, and anyone who has any involvement in planning, marketing, operations, building or cleaning up after a show.

Complicating the situation is the fact that ticket sales themselves have remained relatively stable, as a matter of fact, it showed a slight decrease in some recent years. But ticket prices have been rising significantly, especially among populations whose skewed towards the public older, richer listener. According to Rolling Stone, the average cost of concert tickets for less than £ 18 in 1999 and 2003 that had risen to over £ 24. An LA Times investigation has found that the average price increased to 30 pounds for 2006, so there are clearly some more than the pressure core inflation at work.

The key issue is the fundamental factor behind the classification of the most successful touring acts. Developers charge what the market can bear, and a group with a history (like the Rolling Stones) or canopy significant demand due to a break (the police) tend to have the fans a little higher (of the Rolling Stones and The Police) will allow developers to charge higher ticket prices significantly. It is therefore not surprising that acts of Mega as Stones, U2 and The Police can manage on tour, taking systematic single premium price tickets for various dates and ending at the top of the charts as a whole, although there released a new CD in over twenty years.

Look at the numbers provided by Pollstar (Note: these have been rounded), you can easily see the relationship. In 2005 concert, the concert at High Rate Gross shows what has become a familiar pattern: domination by nostalgia and classic rock, with the first five places are held by Rolling Stones, U2, Celine Dion, Paul McCartney and the Eagles. Well, Celine Dion is a strange position, but is can be attributed to the players in Las Vegas with more money than they know what to do and a tab bar in good health.

The Rolling Stones took first place to gain 80 million pounds average ticket price of £ 65. U2 came in second place, grossing £ 68 million, with an average price of £ 49. Finding a contemporary act in the twenty-list and you can find Coldplay seventeenth extrapolation have 11 million pounds with an average price of a much more modest 19 pounds, Green Day was number 12, with 17 million pounds in £ 18 notes. See the pattern? Even if Green Day or the promoters tried for the big payday at this point, would enough "Kids" willing to pay £ 49 for the tickets? Do you attract the baby boomers enough to offset the loss of the win? I doubt it.

The relatively low fat does not mean that the other acts do not tour much, simply means that do not play as many concerts as many fans, or do not charge nearly as much of entries. They can do quite well, while simply not enough for the big paycheck early retirement.

So now we have established that 2007 was a pretty good year to be a rock band on tour and received no financial sense of the way, that says you actually get the buzz?

Police very nice range there. At first people looked with morbid curiosity, hoping that the old tensions to resurface and finish with Sting and Stewart Copeland beat across the stage – Come on, admit it, you've been hoping that everything would go down at the spectacle he saw. Despite a slightly rough start, showing that the group was clearly to practice after so many years, quickly found their rhythm and played to sold-out and excellent reviews. Critics were pleased, and fans could not buy tickets fast enough.

Rage Against The machine was doing more than fulfilling the expected, especially among young people alternative rock set. The comic book series that was Van Halen and David Lee Roth moved enough to actually touch the road in 2007. Genesis reformed – at least Phil Collins-led version of Genesis. Progressive Canadian rockers Rush tour in support of Snakes & Arrows CD. The Rock The Mic Tour brought Jay-Z, 50 Cent, Busta Rhymes and Missy Elliott for a range of over 30 shows. According to Forbes magazine, the Dixie Chicks took less than a week to sell more than 22 million pounds in sales tickets for 57 shows.

For pre-teen and (possibly teens) determines the Disney Hannah Montana has been "rocking" place sold all parties. Another session of classes, the Smashing Pumpkins were also back in 2007, and veterans of Gordon Lightfoot, Van Morrison, John Fogerty, Rod Stewart, Roger Waters, Bob Dylan and Neil Young, they have covered. Even at times confused, rocker Ozzy Osborne began with Rob Zombie. Bon Jovi is selling tickets on a large scale with comments friendly, old and new ranges (Is this a contradiction in terms?) Duran Duran and The Cure are on the road. Justin Timberlake got his groove and Dane Cook has proved that comics can be sold in the area too. Not to be left out in the cold of classic rockers and Minutes of the Meeting, Incubus, Tool, Foo Fighters, Avril Lavigne, M. Band Avril Lavigne (Sum 41), Korn, Modest Mouse, Jimmy Eat World, Fallout Boy, Cake, Avenged Sevenfold, Band of Horses and Arcade Fire, all made representations to the alternative rock crowd.

So how 2008 is shaping up in terms of the concerts? Obviously we can not predict at this time also, but I to be ready to launch this question: Tickets will continue to rise in price faster than inflation and greater acts of extrapolation will be aging rockers, with the ultimate combination of rock and the high-list. If the chemistry was good for their reunion concert in December, and if Robert Plant and Jimmy Page did not end in blows, could the Led Zeppelin may participate in a tour and if this happens, the search for the top of the list this year. But back to the starting point Record labels have problem with declining CD sales, the group of mega-and thorns in the side labels, the rights of artists Champions Radiohead is also planning a world tour in 2008. Do not count either.

It is bound to be an interesting year.

About the Author

This article was written by Brad Moon for
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