Here is an updated link:
https://docs.google.com/spreadsheets/d/13tnSItE-A0TqQkVLBeXM7gvK9ydmzY7DlPhM5oHjrK4/htmlview
SweetCaroline
Thread
Posts in chronological order
SweetCaroline
BradF
This is great info! I've always been fascinated with these stats...would love to see it for every tour!
SweetCaroline
The European and U.K. tours look promising, too!
PrimeJiveUSA
So was it a success?
SweetCaroline
Not every venue was sold out. Does that mean that it was not a success? Does the fact that so many people tweeted it was the best concert they had ever attended mean it was successful?
PrimeJiveUSA
Well...I'm talking about it in financial terms. If a venue didn't sell out there is a good chance they lost money after all expenses are paid. That would not be a "success". it looks like most dates were not sell-outs.
PrimeJiveUSA
Sweet Caroline
I want the tour to have been a success but these numbers aren't very impressive I'm afraid.
I want the tour to have been a success but these numbers aren't very impressive I'm afraid.
AlexRocks
Oh, please! I highly doubt a venue has to sell out in order for it to be a success! Otherwise whoever is running the program are doing BAD business!
Vocal harmony
[QUOTE] [b]PrimeJiveUSA wrote:[/b]
Well...I'm talking about it in financial terms. If a venue didn't sell out there is a good chance they lost money after all expenses are paid. That would not be a "success". it looks like most dates were not sell-outs.[/QUOTE]
Not true, the venues are hired to the promoter. Even if they were only half full they'd still be in pocket.
On a tour like this it's the promoter who stands to win or lose. Normally the artist is paid an agreed amount, either per venue or for the whole tour. It's then up to the promoter to make the figures work in their favour. The ticket pricing for Queen started off very high, then in some cases was lowered, but a shed load of tickets were shifted even if the tour didn't sell out. No one was out of pocket on this tour.
Well...I'm talking about it in financial terms. If a venue didn't sell out there is a good chance they lost money after all expenses are paid. That would not be a "success". it looks like most dates were not sell-outs.[/QUOTE]
Not true, the venues are hired to the promoter. Even if they were only half full they'd still be in pocket.
On a tour like this it's the promoter who stands to win or lose. Normally the artist is paid an agreed amount, either per venue or for the whole tour. It's then up to the promoter to make the figures work in their favour. The ticket pricing for Queen started off very high, then in some cases was lowered, but a shed load of tickets were shifted even if the tour didn't sell out. No one was out of pocket on this tour.
The Real Wizard
[QUOTE] [b]Vocal harmony wrote:[/b]
On a tour like this it's the promoter who stands to win or lose. Normally the artist is paid an agreed amount, either per venue or for the whole tour. It's then up to the promoter to make the figures work in their favour. The ticket pricing for Queen started off very high, then in some cases was lowered, but a shed load of tickets were shifted even if the tour didn't sell out. No one was out of pocket on this tour.[/QUOTE]
Yep. When a promoter takes this kind of show on, it's his shirt to lose - not the band's.
With current ticket prices, nostalgia tours of the old bands of this stature are all making a killing, even if they don't sell out.
On a tour like this it's the promoter who stands to win or lose. Normally the artist is paid an agreed amount, either per venue or for the whole tour. It's then up to the promoter to make the figures work in their favour. The ticket pricing for Queen started off very high, then in some cases was lowered, but a shed load of tickets were shifted even if the tour didn't sell out. No one was out of pocket on this tour.[/QUOTE]
Yep. When a promoter takes this kind of show on, it's his shirt to lose - not the band's.
With current ticket prices, nostalgia tours of the old bands of this stature are all making a killing, even if they don't sell out.
Togg
A venue only needs 3/4 full max to be in profit, like everything in life there is a health margin built in.
Looking at the numbers Queen can sit back and certainly say the tours are a success financially and critically by all accounts, I can see why they want to keep going
Looking at the numbers Queen can sit back and certainly say the tours are a success financially and critically by all accounts, I can see why they want to keep going
SweetCaroline
Another update:
https://docs.google.com/spreadsheets/d/13tnSItE-A0TqQkVLBeXM7gvK9ydmzY7DlPhM5oHjrK4/htmlview
https://docs.google.com/spreadsheets/d/13tnSItE-A0TqQkVLBeXM7gvK9ydmzY7DlPhM5oHjrK4/htmlview
ggo1
[QUOTE] [b]PrimeJiveUSA wrote:[/b]
Sweet Caroline
I want the tour to have been a success but these numbers aren't very impressive I'm afraid.[/QUOTE]
They sold 350,000 out of 375,000. 93% of tickets sold. How is that not a success? Lots of people made a shedload of money from ticket sales alone. Did you see the line ups for merchandise? That's an extra vault of gold right there. You are so wrong on this. Everyone with a financial stake in this tours success will be very happy, I bet pretty much every bonus payment got triggered too.
Sweet Caroline
I want the tour to have been a success but these numbers aren't very impressive I'm afraid.[/QUOTE]
They sold 350,000 out of 375,000. 93% of tickets sold. How is that not a success? Lots of people made a shedload of money from ticket sales alone. Did you see the line ups for merchandise? That's an extra vault of gold right there. You are so wrong on this. Everyone with a financial stake in this tours success will be very happy, I bet pretty much every bonus payment got triggered too.
PrimeJiveUSA
So...if the concerts only sold 40% of tickets the band makes the same as they would if they had sold 100%.? It's the promoter that stands to win or lose?