For information about how to use this forum please check out forum help and policies.
Quote
Alfonz
These figures indicate that the shows might be "sold out", but in order to do this, AEG have had to drop prices significantly and are not making as much as they might have hoped. Maybe even relying on food/beverage/parking/merch to make a profit.
2012 shows (figures posted in thread by superglen):
Average attendance per show = 14,740
Average price per ticket = $525
Average gross per show = $7.74 million
2013 shows:
Average attendance per show = 13,594
Average price per ticket = $355 (though Vegas was $460)
Average gross per show = $4.83 million.
Quote
lettingitbleed
Sold out my ass!
Vegas had plenty of empty seats in my row alone and many more throughout the arena!
Unless I am to believe all those people in the empty seats were purchased by people who decided not to show up....
Quote
uhbuhgullayewQuote
lettingitbleed
Sold out my ass!
Vegas had plenty of empty seats in my row alone and many more throughout the arena!
Unless I am to believe all those people in the empty seats were purchased by people who decided not to show up....
There were people near me at the Vegas show that were just getting to their seats after Keith's set.
Quote
treaclefingersQuote
uhbuhgullayewQuote
lettingitbleed
Sold out my ass!
Vegas had plenty of empty seats in my row alone and many more throughout the arena!
Unless I am to believe all those people in the empty seats were purchased by people who decided not to show up....
There were people near me at the Vegas show that were just getting to their seats after Keith's set.
That is just so freakin' strategic!
Quote
GRNRBITWQuote
treaclefingersQuote
uhbuhgullayewQuote
lettingitbleed
Sold out my ass!
Vegas had plenty of empty seats in my row alone and many more throughout the arena!
Unless I am to believe all those people in the empty seats were purchased by people who decided not to show up....
There were people near me at the Vegas show that were just getting to their seats after Keith's set.
That is just so freakin' strategic!
there are a group of traveling stones fans who only want to see the warhorses. their motto is: "give me brown sugar or give me death."
Quote
GRNRBITWQuote
treaclefingersQuote
uhbuhgullayewQuote
lettingitbleed
Sold out my ass!
Vegas had plenty of empty seats in my row alone and many more throughout the arena!
Unless I am to believe all those people in the empty seats were purchased by people who decided not to show up....
There were people near me at the Vegas show that were just getting to their seats after Keith's set.
That is just so freakin' strategic!
there are a group of traveling stones fans who only want to see the warhorses. their motto is: "give me brown sugar or give me death."
Quote
mr_dja
Based on the chart bv posted on the previous page of this thread:
7 shows so far
Gross: $33,793,023
Average per show: $4,827,574.71
IF the average stays consistant:
After 18 shows:
Projected Gross: $86,896,344.83
Stones Rumored Guarantee: $80,000,000.00
AEG PROFIT: $6,896,344.83 or 8.62% over roughly four months.
I have no idea what margin tours typically generate for their investors but, in this day and age, I'd be pretty happy with an 8+% return on my investment after apx. four months. Not sure if AEG will be happy with the return they end up with but if they are, we may be witnessing the birth of a new ticketing/pricing strategy/system.
Regardless, I'm still hoping there will be shows numbering 19+ and some of them will be in the SE USA.
Peace,
Mr DJA
Quote
Alfonz
These figures indicate that the shows might be "sold out", but in order to do this, AEG have had to drop prices significantly and are not making as much as they might have hoped. Maybe even relying on food/beverage/parking/merch to make a profit.
2012 shows (figures posted in thread by superglen):
Average attendance per show = 14,740
Average price per ticket = $525
Average gross per show = $7.74 million
2013 shows:
Average attendance per show = 13,594
Average price per ticket = $355 (though Vegas was $460)
Average gross per show = $4.83 million
Attendance per show is slightly less in May, but that's purely due to venue capacity. This slightly biases the gross figures, but can still see a direct comparison in the average price per ticket.
Interestingly, the supposedly much smaller Vegas show held more than Anaheim and San Jose, and only 800 less than LA and Oakland.
With more time to sell tickets for the later shows, I'd expect the price per ticket to increase as the tour goes on, and AEG might be able to squeeze some more profit out.
I'm not trying to make a negative comment on the tour. The Stones were magnificent at the Las Vegas show I saw, and they are still the biggest band in the world. Just a fact that the tour hasn't made the money (yet) that was made in the December shows, and is not appearing all that profitable for the promoter up to this point.
Quote
treaclefingers
You may not be familiar with the term 'gross' as it is different from the word 'net'. Net is AFTER all expenses. GROSS is before.
The stones 'net' $80 million from the $86 million. They'll have their own expenses, but that's another discussion.
The rest I presume goes to AEG. As long has AEG has zero expenses, they net the $6 million.
If they have any expenses whatsoever, they're deducted from the remaining gross.
So, as this is a fairly highly risky venture I'd say their margins are probably pretty thin.
Ordinarily for a risky investment, you'd want a 'risk premium' to compensate you for the risk taken...I don't see much here, unless they're making a mint in merchandising and parking, as has been opined earlier in this thread.
Quote
firebird
Hmmm... 28313 for two shows at Staples Center, meaning capacity is 14156,5
However, I looked up the capacity for concerts of the venues (source: Wikipedia):
venue / capacity / attendance
Staples Center / 20000 / 14156,5
Honda Center / 18325 / 13289,5
MGM Grand Garden / 16800 / 13327
Oracle Arena/ 20000 / 14133
HP Pavillion / 19190 / 12803
I don't know where Billboard got the numbers from, but I don't believe there were sellouts.
Quote
firebird
I don't know where Billboard got the numbers from,
Quote
treaclefingers
Well I'm not going to question the 'sellouts' but I would like to know whether they ended up selling every last ticket on day of show.
Seriously, there are always tickets left up to show time, are these tickets selling out then, or, how are they defining what a sellout is, ie is it 95% of tickets sold?
Something isn't quite right but it may be how they define a sellout, because I don't think all the tickets available are actually selling out.
Quote
firebird
Hmmm... 28313 for two shows at Staples Center, meaning capacity is 14156,5
However, I looked up the capacity for concerts of the venues (source: Wikipedia):
venue / capacity / attendance
Staples Center / 20000 / 14156,5
Honda Center / 18325 / 13289,5
MGM Grand Garden / 16800 / 13327
Oracle Arena/ 20000 / 14133
HP Pavillion / 19190 / 12803
I don't know where Billboard got the numbers from, but I don't believe there were sellouts.
Quote
gotdablouseQuote
firebird
Hmmm... 28313 for two shows at Staples Center, meaning capacity is 14156,5
However, I looked up the capacity for concerts of the venues (source: Wikipedia):
venue / capacity / attendance
Staples Center / 20000 / 14156,5
Honda Center / 18325 / 13289,5
MGM Grand Garden / 16800 / 13327
Oracle Arena/ 20000 / 14133
HP Pavillion / 19190 / 12803
I don't know where Billboard got the numbers from, but I don't believe there were sellouts.
See my post at the top of the page, I did some research and found that Muse and The Who sold out the Oracle Arena with...11,500 seats, so if the Stone/AEG are cheating, these other guys are cheating even more ;-)
Quote
Limbostone
All it probalby means is that those of us who spotted plenty of empty seats in some arenas did not spot unsold seats, but seats that the legal scalpers did not manage to sell through.
Quote
ThatsWhatISayQuote
Limbostone
All it probalby means is that those of us who spotted plenty of empty seats in some arenas did not spot unsold seats, but seats that the legal scalpers did not manage to sell through.
Correct.
Quote
CousinC
Wow, Springsteen sold out that stadium near Stockholm 3 times (65.000 each)?!
Guess that's what you can do when asking reasonable prices.
Quote
CousinC
Wow, Springsteen sold out that stadium near Stockholm 3 times (65.000 each)?!
Guess that's what you can do when asking reasonable prices.
Quote
firebird
Hmmm... 28313 for two shows at Staples Center, meaning capacity is 14156,5
However, I looked up the capacity for concerts of the venues (source: Wikipedia):
venue / capacity / attendance
Staples Center / 20000 / 14156,5
Honda Center / 18325 / 13289,5
MGM Grand Garden / 16800 / 13327
Oracle Arena/ 20000 / 14133
HP Pavillion / 19190 / 12803
I don't know where Billboard got the numbers from, but I don't believe there were sellouts.
Quote
Bungo
The Friends Arena in Sweden holds over 164,000 punters?