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Palace Revolution 2000
I was thinking that maybe this event that Prince, Michael Jackson have done or are doing is a pretty good idea. Might be the 'new way': do the Las Vegas Contract deal elsewhere in the world. In a hipper city. Do it in London, NYC, Paris, LA.
Everyone wins: the band makes a lot of dough, yet they don't have to travel. Fans get a chance to come and see the band work up different sets each night; maybe themes. It's the ideal setup to do album nights.
The possibilities for instant video feeds are endless.
I am seeing more and more acts do this.
I can perhaps see what might be in it for an artist that hates to travel, a residency is definitely easier than a tour. Having said that, perhaps some artists actually like touring, seeing different places etc. The Stones seem to derive some level of enjoyment out of it, at least people like Keith and Charlie do ... they actually appear to get out and do the tourist bit whenever/however possible.
I don't think there's too many artists that can actually command long term residencies. I know this a Stones board and awash with diehard fans, but realistically, if the Stones were to announce a residency at the O2 for example (seating capacity 20,000 or whatever it is), how many nights do you think they could credibly do keeping the place reasonably well sold ? Not half as many as we'd like to think is my opinion !