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2007 Concerts in Review: Money, Music, Madness

This has been a tumultuous year in the music industry, a company which saw significant challenges to virtually all aspects of its business model, and needs the pressure of such a change as far as the bear Polar needs a heat lamp. With peer-to-peer downloading of music that seems unstoppable no matter how many businesses close, bad press generated by ill-conceived punitive lawsuits against file-sharers say, CD sales decline, increasing failure among traditional music retail outlets, and well-known artists like Radiohead and Nine Inch Nails striking on their own and providing online news free press, it seems that these days, industry the music can not catch a break.

But with all this doom and gloom, the positive one for the industry in 2007 was a market relatively strong live concert. Nostalgia has been the order of the day, with classic rock from proceeding with the road, their number increased by combining 80 acts who have either had the desire in the context of a midlife crisis, or who want to augment their retirement income. Just look at the acts currently (Week of November 20, 2007) holding the first fifteen spots on Pollstar Top 50 List of concert tours:

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

I count four meetings (five if one includes Springsteen toured with the E Street Band), a lounge trying to escape Las Vegas and a couple of bands relatively common. Rest will certainly fit nicely into nostalgia "umbrella – not that Billy Joel and Elton John are not good or relevant, it's just their music is not what you usually expect a year twenty old to be rocking to as their first choice.

The figures are not all yet, but the big money looking very good. As their journey has already begun in 2005, The Rolling Stones "A Bigger Bang Tour wrapped in the fall of 2007 and it has the Guinness Book of World Records as the most profitable concert tour in history. Just the size is that, you ask? They earned $ 560 million (U.S. dollars) for the 144 days they played. This law, more than half a billion dollars, almost four million dollars per night. Not bad for pocket money.

Before turning to the starry eyes about the dough that has been made over fist on the Touring hand if there are some reality checks to consider.

First, the record labels are rarely money touring, so it is not like the proceeds from this event helps to offset declining CD sales. The artists themselves can find a lucrative tourism, even though they usually do not see the majority of species that are collected at the doors. According to industry averages, an artist can expect to net as much as thirty-five percent of ticket price and fifty percent of sales of goods for a show. The bulk of the catch goes to pay the developers, road crews, locations, ticket sellers, and anyone else who has any involvement in planning, marketing, running, setting up or cleaning up after the show.

Complicating the equation is the fact that the sale of tickets themselves have actually been relatively flat, as a matter of fact, they showed a slight decrease in some recent years. But ticket prices have continued to increase significantly, particularly among groups whose audience demographic to more false, rich listener. By Rolling Stone, the average cost of concert tickets under £ 18 in 1999 and 2003, which had increased more than 24 pounds. A survey of the Los Angeles Times has identified The average price rose to £ 30 for 2006, so there is something more than the simple inflationary pressures at work.

The key question becomes critical factor behind the ranking of top box office of tourism acts. The promoters charge what the market will bear, and a group with a history (like the Rolling Stones) or a significant unmet demand due to a break (the police) tend to have slightly older fans (both the Rolling Stones and The Police) will allow developers to charge prices much higher tickets. It is therefore not surprising that the mega acts like the Stones, U2 and The Police can manage on tour, still drawing premium prices for tickets to multiple dates and ending up at the top of the charts together, although they may not be released a new CD in over twenty years.

Looking at figures from Pollstar (Note: these have been rounded), you can easily see the relationship. In 2005, together, the top concert list displayed gross what has become a familiar pattern: domination by nostalgia and classic rock acts, with the top five being held by the Rolling Stones, U2, Celine Dion, Paul McCartney, and eagles. Good, Celine Dion is an odd position, but you can attribute that to the players Las Vegas with more money than they know what to do with and a tab bar in good health.

The Rolling Stones took the first rank winning £ 80 million, with an average ticket price of 65 pounds. U2 came in second, grossing £ 68 million with an average ticket price of £ 49. Find a contemporary note on the list of twenty and you can find Coldplay in place Seventeenth extrapolation £ 11 million with an average ticket price of a much more modest 19 pounds, Green Day hit number 12 to £ 17 million £ 18 notes. See the pattern? Even if Green Day or their promoters tried for salary great at this point, would there be enough "young people" willing to pay £ 49 for tickets? Would they attract enough baby boomers to compensate the shortfall? I doubt it.

Large relatively low does not mean that other acts do not go well written, it simply means they do not play as many concerts as many fans, or they are not charging nearly as much for tickets. They can do very well, simply not good enough to make the big start early retirement compensation.

So now we have established that 2007 was one year good enough to be a rock band on tour and got out financial nonsense track, which shows were actually making the buzz?

The police, rank up there pretty. At first people looked on with morbid curiosity, expecting the old tensions to resurface and end with Sting and Stewart Copeland of hell against each other onstage – Come on, admit it, you hoping that everything would be down to the exhibition you saw. Despite a somewhat rough start, showing the group is clearly the practice after all these years, they quickly found their rhythm and played sold out and excellent reviews. Critics have been happy, and fans could not buy tickets fast enough.

Rage Against The Machine was one of the most anticipated acts of the meeting, especially among young rock another series. The comic series was Van Halen and David Lee Roth moved enough to actually hit the road in 2007. Genesis reform – at least the version Phil Collins-led Genesis. Canadian progressive rockers Rush tour in support of Snakes & Arrows CD. The Rock the Mic tour Jay-Z, 50 Cent, Busta Rhymes and Missy Elliott for a whole series of more than 30 shows. According to Forbes, the Dixie Chicks have taken less than a week to sell more than £ 22 million in ticket sales for 57 shows.

For pre-teens and (probably in early youth) set, Disney's Hannah Montana has been "rocking" sold out everywhere. Another grouping of all sorts, The Smashing Pumpkins were also back in 2007, with veterans, Gordon Lightfoot, Van Morrison, John Fogerty, Rod Stewart, Roger Waters, Bob Dylan and Neil Young who have all toured. Even occasionally amazed rocker Ozzy Osborne began with Rob Zombie. Bon Jovi is selling tickets on a large scale with favorable reviews, and the old new wavers (is this a contradiction in terms?) Duran Duran and The Cure are on the road. Timberlake got his groove on Dane Cook and proved that comics stand-up could also sell the arena. Do not be left in the cold by classic rockers and acts Reunion, Incubus, Tool, Foo Fighters, Avril Lavigne, M. Avril Lavigne's Band (Sum 41), Korn, Modest Mouse, Jimmy Eat World, Fallout Boy, Cake, Avenged Sevenfold, Band of Horses, Arcade Fire, all made representations to the alternative rock crowd.

So, how 2008 is shaping up in terms of concerts? Obviously we can not predict at this stage too, but I will be willing to throw it to the following: tickets will continue to increase in prices at a higher rate inflation and the greatest acts of extrapolation is again the aging rockers, with the ultimate combination of rock and consolidation lead list. If the chemistry was right for their reunion concert in December, and if Robert Plant and Jimmy Page did not get into fisticuffs, it could be that Led Zeppelin may commit to a turn, and if this happens try to be at the top of the list at this time next year. But back to the point departure for the record companies have problems with declining CD sales, mega-group and the thorn-in-the-side labels, artists' rights champions Radiohead are also planning a world tour in 2008. Do not count them either.

It is bound to be an interesting year.

About the Author

This article was written by Brad Moon for
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