Concert biz grows 1.2% in first half

Cirque du Soleil's Michael Jackson show tops North American grosses

In its midyear wrap-up of the live music biz, concert tracker Pollstar said North American touring grosses were up 1.2% to $1.12 billion in the first six months of the year.

Cirque du Soleil’s Michael Jackson show “The Immortal” was the top North American attraction with a gross of $78.5 million; Roger Waters was tops internationally with $158.1 million ($61.9 million of that in North America, good for No. 2 here).

Total tickets sold by the top 100 North American tours hit a record 18.6 million ducats — a 1.9 million ticket (11.3%) increase over the 16.7 million sold by midyear in 2011.

On the festival side, Pollstar said the $47.3 million gross for 2012’s Coachella festival represented the largest ever reported for a concert event.

Rounding out the list of the top 10 North American treks was Van Halen (with a gross of $44.9 million), Kenny Chesney ($33.9 million), Lady Antebellum ($30.9 million), Drake ($30.2 millon), Bruce Springsteen & the E Street Band ($30 million), Elton John ($38 million), the Dave Matthews Band ($24.4 million) and Radiohead ($22.8 million).

Following Waters on the international side were Springsteen ($79.9 million), Cirque du Soleil’s “The Immortal” ($78.5 million), Coldplay ($73.9 million), Lady Gaga ($67.2 million), Van Halen ($44.9 million), Drake ($42.6 million), Madonna ($42.1 million), Paul McCartney ($40.1 million) and Cirque du Soleil’s “Alegria” ($38 million).

Pollstar editor Gary Bongiovanni said the industry lowered ticket prices and downsized venue to address the economic realities of today’s concert marketplace. Revenues climbed as artists worked more shows.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0


    Leave a Reply

    No Comments

    Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

    Fill in your details below or click an icon to log in: Logo

    You are commenting using your account. Log Out / Change )

    Twitter picture

    You are commenting using your Twitter account. Log Out / Change )

    Facebook photo

    You are commenting using your Facebook account. Log Out / Change )

    Google+ photo

    You are commenting using your Google+ account. Log Out / Change )

    Connecting to %s

    More Music News from Variety