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GRNRBITW

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superglen

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GRNRBITW

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superglen
the average ticket prices are astonishing

nobody will argue with you on this point...although other adjectives to describe them might be preferred

"the people have spoken" and bought all those tickets

other people have spoken and declined.

More than went to the shows. I mean, obviously.

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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.

This is the right analysis. Compare revenues for two shows at Anaheim to the two shows at similarly sized Brooklyn. The difference is huge. Another common practice is to provide blocks of tickets to promoters or other companies for business considerations. If employees or clients don't attend, those seats to unused, but they are technically "sold". These are the sometimes empty rows or blocks of seats that you see from time to time.

Top ticket was $800 in December.

Who pays for the arena rentals? How much that costs? Is it cheaper let's say monday night than saturday night? The rental of the space and the staff that comes with it must quite expensive.
Rock and roll,
Mops

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rollmops
Who pays for the arena rentals? How much that costs? Is it cheaper let's say monday night than saturday night? The rental of the space and the staff that comes with it must quite expensive.
Rock and roll,
Mops

The promoter is generally responsible for the venue. As I recall, the cost is much lower that you would think. I don't have the numbers in front of me, but they are surprisingly inexpensive to rent.

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Alfonz
The Chicago shows are in:

Gross = $16,524,615
Total attendance = 43,763 (supposedly 3 sellouts)
Average attendance per show = 14,588
Average price per ticket = $378
Average gross per show = $5.5 million.

A bit of an improvement for all averages on the previous shows, but I actually thought they would do better in Chicago and gross a bit more. Still well behind the 2012 show averages for ticket price and gross.

Good catch, what happened to TOR/1 though?

Still a crazy average price though! The second closest has to be McCartney and he's at Paul McCartney $3,890,013/25,487=$153...

Well I suppose they were waiting for TOR/2 to lump it with TOR/1 ;-)

The Rolling Stones
Air Canada Centre
Toronto, Ontario
May 25, June 6, 2013
Gross = $11,526,570
Total attendance = 31,149 (2 sellouts)
Prices = $600, $250, $150, $73.25
Average attendance per show = 15,574
Average price per ticket = $370.05
Average gross per show = $5.763 million.

The Rolling Stones
Bell Centre
Montreal, Quebec
June 9, 2013
Gross = $4,299,296
Total attendance = 14,654 (sellout)
Prices = $600, $250, $150, $73.25
Average price per ticket = $293.39

Did a quick check and Montreal is the lowest average price so far...previously it was the Anaheim duo at $307.



Edited 1 time(s). Last edit at 2013-06-14 16:04 by gotdablouse.

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drbryant

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rollmops
Who pays for the arena rentals? How much that costs? Is it cheaper let's say monday night than saturday night? The rental of the space and the staff that comes with it must quite expensive.
Rock and roll,
Mops

The promoter is generally responsible for the venue. As I recall, the cost is much lower that you would think. I don't have the numbers in front of me, but they are surprisingly inexpensive to rent.

A lot lower than a football stadium, which used to be $100,000 + a day back in the 1990s from what I learned.

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gotdablouse
Well I suppose they were waiting for TOR/2 to lump it with TOR/1 ;-)

The Rolling Stones
Air Canada Centre
Toronto, Ontario
May 25, June 6, 2013
Gross = $11,526,570
Total attendance = 31,149 (2 sellouts)
Prices = $600, $250, $150, $73.25
Average attendance per show = 15,574
Average price per ticket = $370.05
Average gross per show = $5.763 million.

The Rolling Stones
Bell Centre
Montreal, Quebec
June 9, 2013
Gross = $4,299,296
Total attendance = 14,654 (sellout)
Prices = $600, $250, $150, $73.25
Average price per ticket = $293.39

Did a quick check and Montreal is the lowest average price so far...previously it was the Anaheim duo at $307.

There is no way the Toronto shows were a sellout...no way. They were busy, made a lot of money, but that's not the same as a sellout.

disregard, already posted..



Edited 4 time(s). Last edit at 2013-06-14 20:43 by mnewman505.

The Rolling Stones sellout at every show they play these days.

The O2 Arena London 31,755 / 31,755 (100%) $17,100,700
Barclays Center Brooklyn 14,471 / 14,471 (100%) $7,297,560
Prudential Center Newark 27,476 / 27,476 (100%) $14,288,750
Staples Center Los Angeles 28,313 / 28,313 (100%) $9,933,548
Oracle Arena Oakland 14,133 / 14,133 (100%) $5,068,993
HP Pavilion San Jose 12,803 / 12,803 (100%) $4,507,648
MGM Grand Garden Las Vegas 13,327 / 13,327 (100%) $6,119,172
Honda Center Anaheim 26,579 / 26,579 (100%) $8,163,662
United Center Chicago 43,763 / 43,763 (100%) $16,524,615
Air Canada Centre Toronto 31,149 / 31,149 (100%) $11,526,570
Bell Centre Montreal 14,654 / 14,654 (100%) $4,299,296
TD Garden Boston 24,277 / 24,277 (100%) $7,577,375
Wells Fargo Center Philadelphia 29,894 / 29,894 (100%) $9,245,276
Verizon Center Washington, D.C. 14,404 / 14,404 (100%) $4,529,226
TOTAL 326,998 / 326,998 (100%) $126,182,391

[en.wikipedia.org]



Edited 2 time(s). Last edit at 2013-07-05 17:04 by Godxofxrock9.

There sure is a lot of money in rock and roll music, maybe too much.

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Max'sKansasCity
There sure is a lot of money in rock and roll music, maybe too much.

Hey, as Ronnie said the stage was expensive.

We shouldn't be suprised.


Check Berry always said there was better money in playing the guitar than in painting and decorating.

That's how much they made on the VOODOO US tour alone isn't it? Maybe it was BRIDGES.

Some observations:

1. The current tour has already yield 126,2 million so far. Which means 40,6% of the whole Licks Tour gross or 22,6% of the whole ABB tour, that as we know is the second highest grossing tour ever. And all this gross ($126,2 m) cames just from 23 arena gigs... (Do you remember all these rediculous articles and "predictions" about the "upcoming tour's financial disaster"?)

2. As AEG said before tour's start in the US, they expected gross between $4 and $5 million per show. Finally, the average gross, per show, in US was $ 4,860,854,5. I suppose it wasn't a "disaster" for the promoters...

Allow me to express some thoughts...

I don't like the current ticket stradegy: $ 600 or even $ 450 shouldn't be considered as reasonable prices for music concerts, especially for rock gigs, no matter how great the astist/band is. In addition, we have not the definition of the meaning "fairness" here, when people pay $450 and $85 for adjacent seats. But, on the other hand, we have to admit it: This ticket stradegy is extremelly successful! Filled venues, highest grosses and "scalpers" out of the game, at the same time.

The observation that AEG had to reduce the highest prices means nothing to me. Absolutely nothing. I'm sure that this was the stradegy, from the beginning. "Let's sell as many expensive tickets as we can. On the last day(s), or even the last hours, we're reducing the prices and so the band will play in a full house...".

By this "policy", the tour became clearly more profitable than what it would by a normal ticket stragedy. Their stragedy was based on the belief that, everywhere, many people who want to see the Stones are waiting until the last day/hours, to find a ticket they can afford. So, i see a policy of full conviction here.

... despite the fact that i don't like the method...

Does 100% mean sold out? That would mean that a lot of brokers were sitting on their tickets for Toronto 1, there were quite a few empty seats - maybe sold to brokers... to bad the fans couldn't profit from these seats.

Maybe sold to brokers, ohotos. But in any case the numbers which show how many tickets have been sold are corresponding to the real capatity of the venues, for concerts.

Rolling Stones End North American Tour on High Note: $21.3 Million Over Five Shows

By Bob Allen, Nashville | July 05, 2013


Getty Images

The Rolling Stones’ 50 & Counting Tour tops the weekly Hot Tours recap with the final box office stats reported from the legendary group's two-month trek through North America. The latest batch of shows reported brought in $21.3 million in revenue from five performances (and a total of 68,575 tickets sold) at arenas in Boston (June 12, 14), Philadelphia (June 18, 21) and Washington, D.C. (June 24). The Philly run at Wells Fargo Center drew almost 30,000 fans with sales topping $9.2 million, the highest gross among this week’s venues. Gross and attendance counts reported from the 50 & Counting Tour since its launch last year now total more than $126 million from 23 concerts in the U.K. and North America.

The Stones will return to England to perform in London’s Hyde Park on July 6 and 13 as main stage headliners at British Summer Time Hyde Park, a six day music festival during the first two weekends of July. The festival appearance comes 44 years after the band’s first concert at Hyde Park in July of 1969.

Weekly .com Boxscores - July 3, 2013

Rank ACT
Total Gross
Show Dates
Show Venue/City (Shows/Sellouts)
Total Attendance (Capacity)

1. THE ROLLING STONES
$21,351,877
June 12-24
TD Garden, Boston (2/2)
Wells Fargo Center, Philadelphia (2/2)
Verizon Center, Washington, D.C. (1/1)
68,575 (68,575)

[www.billboard.com]



Edited 1 time(s). Last edit at 2013-07-05 23:40 by bye bye johnny.

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Alfonz
The Chicago shows are in:

Gross = $16,524,615
Total attendance = 43,763 (supposedly 3 sellouts)
Average attendance per show = 14,588
Average price per ticket = $378
Average gross per show = $5.5 million.

A bit of an improvement for all averages on the previous shows, but I actually thought they would do better in Chicago and gross a bit more. Still well behind the 2012 show averages for ticket price and gross.

United Center holds about 23,000 for concerts.

Thats one hell of a big stage they have if it reduced the venue capacity by a third.

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ohotos
Does 100% mean sold out? That would mean that a lot of brokers were sitting on their tickets for Toronto 1, there were quite a few empty seats - maybe sold to brokers... to bad the fans couldn't profit from these seats.

Sure! And if you do the math, several shows/venues had 1/2 or 1/3 of a person at each show. Wonder what that ticket costs?

The numbers of the whole northamerican tour's leg (2013) are:

18 shows
Total attendance: 253, 296
Average attendance per show: 14,072
Total gross: $ 87,495,381
Average gross per show: $ 4,860,854
Average price per ticket: $ 345,42

PS: As for the 5 gigs of 2012: Total attendance 73,702 and total gross $ 38,687, 010. So, the "50 and counting tour" (2012- 13) has so far attendace 326,998 and gross $ 126,182, 391 (not including Glasto, of course)

Hi Gazza, there's no way the UC in Chicago holds 23k for concerts unless it's in the round. By blocking off the whole endzone, I can see that many seats being cut off. In Vancouver, Rogers Arena can hold almost 19k for hockey but a regular concert sellout is just over 14k.

Doing the math, Streisand, who was number two with around $18 million, had a per ticket average of around $247....a hundred less than the Stones.

Who'da thunk?!

"Hi Gazza, there's no way the UC in Chicago holds 23k for concerts unless it's in the round. By blocking off the whole endzone, I can see that many seats being cut off"

DGA35, i think you have right. I have seen statistics about UC being sold out with 14,000 tickets sold, or 15,000, or nearly 17,000 (Bon Jovi, 2011). Maximum 19,293 (U2, 2005), I never have seen attendances over 20,000 there.

Yes, treaclefingers, Streisand had a per ticket average of around $ 244 in Israel, $ 260 in Holland, etc. But i suppose she has higher average price per ticket in the US. In any case, i have express my opinion: The prices for concerts should be lower.

Pollstar’s Mid-Year Charts for 2013

Bon Jovi ruled the world during the first six months of 2013, achieving the No. 1 position on Pollstar’s Top 100 Worldwide Tours while The Rolling Stones topped North America’s touring scene.

Friday 7/12/13 by Jay Smith

Yes, it’s that time of year again. During the past week Pollstar’s state-of-the-art UNIBLAB computer has been spewing smoke, grinding gears and chewing up punch cards to determine the state of the world, concert-wise.

January through June 2013 resulted in the Top 50 Worldwide Tours selling nearly $1.85 billion in tickets, a 23 percent rise from the same period one year ago.

Total tickets sold during the first six months also jumped when compared to last year. In 2013 the figure rose 10.5 percent to 21 million even though the average ticket price increased by $9.09, an 11.5 percent to $88.03. (Pollstar has expanded its Mid-Year Worldwide Tours chart to 100 positions in 2013 but, for year-over-year comparisons, we still use the Top 50).

Bon Jovi was the clear winner on the Worldwide Tours chart, grossing $142.1 million. With an average ticket price of $95.60, the band played 60 shows in 58 cities, sold a total 1,486,726 tickets and achieved an average gross of $2,450,476 per show.

Another New Jersey act captured second place. With an average ticket price of $107.19, Bruce Springsteen & The E Street Band’s total tickets sold was 969,504 for 31 shows in 21 cities. The group’s average show gross was $4,948,700 for a total gross of $103.9 million.

A total gross of $87.7 million was enough to put The Rolling Stones in the No. 3 position on Pollstar’s Top 100 Worldwide Tours chart while the same figures enabled the band to capture the top slot on our Top 100 North American tours. Sporting a heart-stopping average ticket price of $346.09, the original bad boys of rock played 18 shows in 11 cities, grossed an average of $7,969,276 per show and sold 253,296 tickets overall.

[www.pollstar.com]

"Sporting a heart-stopping average ticket price of $346.09, the original bad boys of rock played 18 shows in 11 cities, grossed an average of $7,969,276 per show and sold 253,296 tickets overall"

The number of tickets sold is correct, but not the average gross per show. Total gross $87,495,381 (not "$87.7 million"), number of gigs 18, so the average gross per show is $ 4,860,855. Simple maths...