Touring
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On February’s Top Tours list, U2 is in the winner’s circle with monthly earnings of $56.5 million from 166,000 tickets sold.
February is U2’s first month at No. 1, after sitting at No. 2 in December of 2019 and 2023, both behind Trans-Siberian Orchestra. This marks the first Irish act to claim monthly honors.
Since launching in 2019, the monthly Boxscore recap has detailed touring breakthroughs, particularly in country and Latin music — highlighted by Morgan Wallen and Bad Bunny, respectively — as well as reporting quirks along the way, including Trans-Siberian Orchestra’s dual coastal ensembles during the holiday season. The latest oddity: U2’s recent domination makes the band the first act to lead Top Tours without actually going on tour.
The group’s haul north of $50 million comes from 10 shows, all at Las Vegas’ Sphere. The rock quartet christened the Sin City arena with the first show from its U2:UV Achtung Baby Live residency in September, and to date, is still the only act to play at the venue. Concert series by Dead & Company and Phish are scheduled for later on Sphere’s 2024 calendar.
Residencies at this scale – 40 arena shows in six months – are unprecedented. Prior to U2’s kickoff, Lady Gaga and Bruno Mars were the only residency acts to crack the top 10 of Top Tours. The traditional Vegas model is for acts such as them to play sold-out theaters to roughly 5,000 fans each night, with the flexibility to charge extravagant prices for the opportunity to see an A-list artist in a more intimate setting.
U2 is playing by similar rules, with its $340 average ticket within 5% of Mars (No. 19), but expanded to an arena audience. Demonstrating the same intensity of demand as theater residencies but broadened to an audience three times as big, U2’s monthly victory, ahead of stadium tours at Nos. 2-3, is groundbreaking.
With all that activity from one arena, U2 also crown Top Boxscores, with Sphere reigning as the month’s top-grossing venue. Both victories were decisive, by a margin of more than 3:1.
U2’s recent run began on Jan. 26 and stretched through March 2, earning $84.7 million during that period. Dating back to opening night (Sept. 29, 2023, and through its close on March 2), the U2: UV Achtung Baby Live residency brought in $244.5 million and sold 663,000 tickets over 40 shows.
That is the lowest show count – by far – for any residency with a gross of $100 million or more. Mars and Billy Joel (Madison Square Garden) are the only others with a nine-digit gross and fewer than 100 shows.
Former chart-topper P!nk is No. 2 on Top Tours with a $48.3 million gross. Shows from the Australian leg of the Summer Carnival Tour sold 437,000 tickets in February, marking the highest attendance total of the month. This is P!nk’s third time at No. 2, following stints in April 2019 and August 2023, adding to her three months at No. 1 (March 2019, July 2019, October 2023).
Oceania brought in more revenue than North America or Europe on P!nk’s I’m Not Dead Tour (2006-07), the Funhouse Tour (2009) and The Truth About Love Tour (2013-14). Her recent leg, stretching through March 23, marks her first time in stadiums in Australia and New Zealand, having made the outdoor transition elsewhere on the Beautiful Trauma World Tour (2018-19).
Including her March dates, P!nk’s 20 continental shows grossed $104.3 million and sold 980,000 tickets, bringing the tour’s total to $361.8 million and 2.8 million tickets. With more dates scheduled in the U.S. and Canada, and Europe through November, the Summer Carnival will easily become P!nk’s first to cross $400 million. The Beautiful Trauma World Tour came agonizingly close when it wrapped in 2019 with $397.3 million.
Karol G follows at No. 3, leading a trifecta of Latin stars in the top 10. Luis Miguel sits just beneath at No. 4, and Bad Bunny rounds out the group at No. 10. Across shows in the U.S. (Bad Bunny), Mexico (Karol G) and South America (Luis Miguel).
Stars of the 21st century fill out most of the rest of the top 10, with Madonna, Depeche Mode, Blink-182 and the Eagles filling out Nos. 5 and 7-9, respectively. Ed Sheeran rounds out the top 10 at No. 6 as the last of six $30 million tours from February. Emerging from the slow winter months, the last time more acts crossed the $30 million threshold was August, when Beyoncé led P!nk, Metallica, Morgan Wallen, The Weeknd, Drake and the Jonas Brothers.
Behind Sphere as the month’s top venue, London’s O2 Arena and Sydney’s Qudos Bank Arena bring the U.K. and Australia to the top of the heap at Nos. 2-3, respectively, peppered by Melbourne’s Rod Laver Arena at No. 6 and Manchester’s AO Arena at No. 7.
A version of this story will appear in the March 30, 2024, issue of Billboard.
Madonna’s historic concert at Rio’s Copacabana Beach on May 4 will be produced by her long-time promoter Arthur Fogel and legendary Brazilian producer and promoter Luiz Oscar Niemeyer, Live Nation officials have confirmed to Billboard. Fogel is one of the most accomplished concert and tour producers in the world and serves as the chairman of […]
The Brooklyn Paramount, Live Nation‘s new 2,700-capacity venue in downtown Brooklyn, opens its doors Wednesday (March 27) with its first show: A headlining performance by Damian and Stephen Marley.
The concert kicks off an inaugural season at the venue that will bring artists including PinkPantheress, Oneohtrix Point Never, Waxahatchee, Norah Jones and Sting to its stage in the coming months.
For Live Nation, Brooklyn Paramount fills a gap in the New York market between the promoter’s two 1,100-capacity clubs, Manhattan’s Irving Plaza and Brooklyn’s Warsaw, and its 3,500-capacity outdoor venue, The Rooftop at Pier 17.
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“It was my journey for the last 10 years, finding this exact capacity within our pipeline of venues in New York City, because it was the one that we were missing,” says Stacie George, senior vp of Live Nation Northeast. “Now we have a home for artists in between those two stages [of development].”
The Brooklyn Paramount concourse.
Evan Joseph
The addition of Brooklyn Paramount to Live Nation’s portfolio allows the promoter to better compete with AEG and its regional affiliate The Bowery Presents, which operates three venues across the city — Webster Hall, Brooklyn Steel and Terminal 5 — that range in capacity from 1,500 to 3,000, as well as Madison Square Garden Entertainment’s Beacon Theatre (2,900 capacity). And, taken in conjunction with Live Nation’s Manhattan clubs Mercury Lounge and Bowery Ballroom, which hold about 250 and 600, respectively, Brooklyn Paramount now creates a clear path for an artist in Live Nation’s ecosystem from small rooms all the way up to the 5,000-capacity Central Park Summerstage, with which the promoter inked an exclusive booking partnership in late 2022.
“We want an artist, manager, agent to feel that we invest in their artist all the way from the beginning,” George says. “We want to grow with your artists and continue to give them amazing venues to play at. Your hope is always that you retain that relationship and that history.”
That doesn’t only apply to artists “on their way up” to the arena level but “on their way down”: “We want to be with them across their full journey and long musical career,” George says.
Brooklyn Paramount’s concert space from the back of its floor.
Evan Joseph
Brooklyn Paramount’s new chapter is just the latest in its rich, nearly century-long history. First opened in 1928, the venue hosted seminal artists including Miles Davis, Ella Fitzgerald, Chuck Berry, Fats Domino and Buddy Holly throughout the ’30s, ’40s and ’50s. Long Island University (LIU) purchased the space in 1954 and, shortly after, converted it to a gymnasium. Nearly a decade ago, LIU began working to renovate the dormant theater; the venue’s re-opening is the culmination of a five-year planning, design and construction process by Live Nation.
For George, one of Brooklyn Paramount’s strongest assets is its location, which is immediately accessible by several subway lines and the Long Island Rail Road. And she expects the venue’s fusion of old Brooklyn history — its Rococo ceiling is among the many design details the renovation preserved — and modern amenities to attract fans and artists alike. For the former, the venue offers multiple high-end cocktail bars and a VIP balcony and lounge (Ella’s, taking its name from Fitzgerald). For the latter, Brooklyn Paramount provides spacious artist accommodations with showers, a workout space and even a game room with Pac-Man and a pinball machine.
From a production standpoint, the theater has parking space for three buses. “In New York, that’s a luxury,” George says with a laugh. “Half the time the buses have to drive to, like, New Jersey to park at a Walmart, because they can’t park in front of the venue.”
Ella’s VIP lounge at Brooklyn Paramount.
Evan Joseph
In terms of booking, Brooklyn Paramount plans to continue to program a spectrum of genres in keeping with its initial calendar and to satisfy the diverse clientele it’s courting. While the venue was designed primarily as an all-general-admission space, some shows, like the multi-night runs by Jones and Sting, will be seated. Brooklyn Paramount has already announced more than 60 shows through October, and George says it has locked in an additional 50 that have yet to be unveiled.
Several hundred guests received a first look at the venue — “this beautiful masterpiece,” as George puts it — on Tuesday night at its re-opening preview party, with live music including a DJ set by St. Vincent in Ella’s. “Seeing people walk in and just have that ‘wow’ moment — that’s exciting,” George says.
Don’t get stressed out, heathens. Those hints of a potential Twenty One Pilots tour? They’re real. The duo of Tyler Joseph and Josh Dun announced on Wednesday (March 27), that the band is hitting the road for its 59-date The Clancy World Tour in support of their upcoming album, Clancy. As if that weren’t enough to appease fans, Twenty One Pilots also dropped new song “Next Semester” and its music video from the upcoming release.
The 59-date tour kicks off Aug. 15 at the Ball Arena in Denver, Colo., before making its way around North America, with stops in Seattle, Phoenix and New York City, as well as Los Angeles, Chicago and hometown Columbus, Ohio, with the latter three getting two shows each.
After wrapping up the North American dates with an Oct. 12 show at Target Center in Minneapolis, Minn., Twenty One Pilots jet off for the international leg of the tour, starting with a stop in Auckland, New Zealand, on Nov. 17. The duo will also hit up Australia for shows the rest of the month. The tour picks up again in April in Germany, then hits Italy, Spain, France and more before wrapping up the lengthy tour with two shows at London’s 02 Arena on May 13 and 14.
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Presale tickets will be available beginning April 2 to fans in the U.S. and Canada; international presale begins the next day. General on sale kicks off April 5 at 10 a.m. local time. More information about the tour and tickets can be found on Twenty One Pilots’ website.
Also arriving with the news of the tour dates was “Next Semester,” the second single from Clancy. “The Next Semester music video is here. Cannot wait to sing this one with you,” the band shared on social media, along with a clip from the visual.
The music video — directed by Andrew Donoho — kicks off with the band rocking out in a tiny, packed club, and is interspersed with scenes of Joseph in the middle of a dark street as a vehicle races toward him.
Twenty One Pilots initially announced upcoming album Clancy on Feb. 29, and celebrated the news by dropping the first single “Overcompensate.” The track peaked and debuted on the Billboard Hot 100 at No. 64 on the chart dated March 16.
Watch the video for “Next Semester” and see the full tour dates below:
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The Clancy World Tour dates:
August 15, 2024 Denver, CO Ball Arena
August 18, 2024 Salt Lake City, UT Delta Center
August 21, 2024 Portland, OR Moda Center
August 22, 2024 Seattle, WA Climate Pledge Arena
August 24, 2024 Oakland, CA Oakland Arena
August 25, 2024 Sacramento, CA Golden 1 Center
August 27, 2024 Los Angeles, CA Intuit Dome
August 28, 2024 Los Angeles, CA Intuit Dome
August 30, 2024 Phoenix, AZ Footprint Center
August 31, 2024 Las Vegas, NV MGM Grand Garden Arena
September 3, 2024 Austin, TX Moody Center
September 4, 2024 Houston, TX Toyota Center
September 6, 2024 Dallas, TX American Airlines Center
September 10, 2024 Duluth, GA Gas South Arena
September 11, 2024 Orlando, FL Kia Center
September 13, 2024 Raleigh, NC PNC Arena
September 14, 2024 Philadelphia, PA Wells Fargo Center
September 15, 2024 Baltimore, MD CFG Bank Arena
September 17, 2024 Newark, NJ Prudential Center
September 18, 2024 Brooklyn, NY Barclays Center
September 20, 2024 Boston, MA TD Garden
September 25, 2024 Montreal, QC Bell Centre
September 27, 2024 Toronto, ON Scotiabank Arena
September 28, 2024 Cleveland, OH Rocket Mortgage Fieldhouse
September 29, 2024 Detroit, MI Little Caesars Arena
October 1, 2024 Chicago, IL United Center
October 2, 2024 Chicago, IL United Center
October 4, 2024 Columbus, OH Nationwide Arena
October 5, 2024 Columbus, OH Nationwide Arena
October 8, 2024 Indianapolis, IN Gainbridge Fieldhouse
October 9, 2024 Nashville, TN Bridgestone Arena
October 10, 2024 St. Louis, MO Enterprise Center
October 12, 2024 Minneapolis, MN Target Center
November 17, 2024 Auckland, NZ Spark Arena
November 19, 2024 Melbourne, AU Rod Laver Arena
November 21, 2024 Brisbane, AU Brisbane Entertainment Centre
November 24, 2024 Sydney, AU Qudos Bank Arena
April 7, 2025 Hamburg, DE Barclays Arena
April 8, 2025 Berlin, DE Uber Arena
April 9, 2025 Lodz, PL Atlas Arena
April 12, 2025 Prague, CZ O2 Arena
April 13, 2025 Vienna, AT Wiener Stadthalle
April 16, 2025 Zurich, CH Hallenstadion
April 17, 2025 Bologna, IT Unipol Arena
April 21, 2025 Madrid, ES WiZink Center
April 22, 2025 Barcelona, ES Palau San Jordi
April 24, 2025 Lyon, FR LDLC Arena
April 27, 2025 Munich, DE Olympiahalle
April 28, 2025 Milan, IT Forum
April 30, 2025 Amsterdam, NL Ziggo Dome
May 1, 2025 Cologne, DE Lanxess Arena
May 2, 2025 Paris, FR Accor Arena
May 5, 2025 Glasgow, UK OVO Hydro Arena
May 6, 2025 Birmingham, UK Resorts World Arena
May 8, 2025 Belfast, UK SSE Arena Belfast
May 9, 2025 Dublin, IE 3Arena
May 11, 2025 Manchester, UK AO Arena
May 13, 2025 London, UK The O2
May 14, 2025 London, UK The O2
CTS Eventim, the German concert promoter and ticketing company, surpassed 2 billion euros in annual revenue for the first time in 2023. Revenue jumped 22% to 2.36 billion euros ($2.53 billion at the average exchange rate in 2023) while normalized earnings before interest, taxes, depreciation and amortization (EBITDA) grew 32% to 501.4 million euros ($542.7 million).
Earnings per share increased by a third to 2.86 euros ($3.05) from 2.12 euros ($2.29) in 2022. In light of the record performance, the company’s executive board and supervisory board will propose at the annual shareholders meeting a dividend of 137.3 million euros ($148.7 million at the current exchange rate). The largest dividend payment in CTS Eventim history is equal to 50% of net income.
”These excellent results are proof that live entertainment is once again driving the arts and creative sectors,” said CEO Klaus-Peter Schulenberg in a statement. “We owe this primarily to the creativity of the artists who delight their fans around the world day in, day out. It is also thanks to the countless promoters who, with their boldness and entrepreneurial spirit, stage events and create unforgettable experiences. And last but not least, our team and our technologies ensure that live cultural events can thrive and that everyone involved can make a living from their work.”
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Live entertainment revenue rose 18.9% to 1.68 billion euros ($1.82 billion). The company experienced higher costs in 2023 and “partially” passed on those costs to the market, Schulenberg wrote in the annual report. As a result, normalized EBITDA dropped 1.8% to 117.0 million euros ($126.6 million). The company cited a boost it received from new North American partnerships with Mammoth and AG Entertainment, created to sign international acts for U.S. and global tours. Another collaboration, The Touring Co, a partnership with promoter Walter McDonald announced in December 2023, will help CTS Eventim’s expansion in North America in 2024.
In the ticketing segment, revenue rose 32% to 717.3 million euros ($776.4 million) and EBITDA jumped 47% to 384.4 million ($416.1 million). The number of internet tickets sold rose 19.6% to 82.9 million from 69.3 million in 2022. The company touted its ticketing platform’s reliability in handling heavy demand for concerts by Taylor Swift, Rammstein, Bruce Springsteen, Coldplay, Apache 207 and Paul McCartney. International expansion also provided a lift to ticketing growth: In 2023, CTS Eventim, along with Sony Music Latin Iberia, acquired ticketing companies Punto Ticket in Chile and Teleticket in Peru.
CTS Eventim’s annual results are further proof the concert business has been booming since COVID-19 restrictions were lifted. The company’s total revenue was 63.4% higher than in 2019, the last full year before the pandemic temporarily halted the touring industry. Last year’s live entertainment revenue was 70.1% above 2019 and ticketing revenue was 48.9% greater. While CTS Eventim has grown by nearly two-thirds since before the pandemic, its growth rate is about a third lower than Live Nation, the world’s largest concert promoter and ticketing company, which grew revenue by 93.9% from 2019 to 2023.
In 2024, CTS Eventim expects “a moderate rise” in total revenue and believes EBITDA will remain at the level seen in 2023. Demand is “rising continuously,” wrote Schulenberg, and the company expects the recent decline in inflation to provide “new, consumption-driven impetus for growth in the future.”
Shares of CTS Eventim rose 5.1% to 77.50 euros ($83.96) on Tuesday (Mar. 26). The stock gained 5.0% in 2023, slightly below the 8.0% increase of the MDAX, an index of stocks traded on the Frankfurt Stock Exchange.
Here is a recap of some financial metrics for CTS Eventim’s 2023 earnings results:
Revenue of 2.36 billion euros ($2.53 billion)
Normalized EBITDA of 501.4 million euros ($542.7 million).
Ticketing revenue of 717.3 million euros ($776.4 million) and EBITDA of 384.4 million ($416.1 million).
Concert revenue of 1.68 billion euros ($1.82 billion) and EBITDA of 117.0 million euros ($126.6 million).
The Kid Laroi is hitting the road. In celebration of his November album The First Time, the 20-year-old singer-songwriter has announced plans to embark on a North American tour, unveiling all 31 dates on social media Monday (March 25). The Australian musician will kick off the North American leg May 18 in Vancouver, B.C., after […]
UK indie promoters Communion Presents and FKP Scorpio UK have merged to form Communion ONE.
Communion was launched as a London clubnight series in 2006 by musicians Kevin Jones from Bears Den, Ben Lovett of Mumford and Sons and producer Ian Grimble. FK Scorpio was a UK affiliate of German concert promoter, founded by Folkert Koopmans in 1990.
Together, the two firms have promoted some of the biggest and most exciting artists from around the globe, from the likes of Ed Sheeran, Noah Kahan, Sam Fender, and Lewis Capaldi, to Phoebe Bridgers, Mitski, TEMS, The War and Drugs and Laufey.
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Communion ONE will be led by a board including FK Scorpio UK’s Daniel Ealam, Communion’s Mazin Tappuni and Scott O’Neill. The non-executive leadership team is formed by Communion Music’s managing director Jamie Emsell, Jones and Lovett, FKP Scorpio’s Koopmans and the promoter Carlo Scarampi as a Partner.
Communion ONE’s senior staff will be rounded out by head of operations Carly Rocket, head of marketing Julie Morgan, head of ticketing Olly Goddard, head of production Rich Cheetham, head of finance Mike Werbowy and head of programming Jack Dedman. Sam Laurence’s promotion company imprint Dollop will also be included in the company, along with promoters Eve Thomas and Hayley Moss.
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“Bringing our two brilliant teams together and combining our shared experience, resources and perspectives is the most natural thing in the world,” company officials said in a statement. “In doing so, we believe that Communion ONE is creating an even more compelling proposition for our existing and future clients. We’ve all had amazing success so far, but in many ways, we’re only just getting started.”
Communion ONE will plug into FKP Scorpio’s European touring network, with offices in 11 European countries and one of the largest festival offerings across Europe. FKP Scorpio sold 4 million tickets across Europe in 2023.
Communion ONE will also be producing a new three-night event series at Bristol’s 15,000 capacity Queen Square beginning in 2025, and will continue to book tvg hospitality’s UK portfolio and its London affiliates Lafayette, Omeara, The Social, and their new partnerships with Village Underground and EartH. The company also plans to expand its outdoor portfolio over the coming year.
Communion Presents’ sister companies, Communion Records and Communion Publishing, will continue to operate independently of Communion ONE.
Another Planet Entertainment is opening a new 2,150-capacity venue in Sacramento in early 2025, company president of concerts & festivals Allen Scott announced today (March 20), establishing a foothold in one of California’s fastest-growing metro markets. Named Channel 24 because of both its proximity to the Sacramento and American rivers, and its location on 24th […]
It’s no secret that Taylor Swift and Beyoncé staged the two biggest tours of 2023, with Swift even continuing the Eras Era throughout 2024. But not only did both artists earn record-breaking grosses and affect local economies with their treks, the stage shows also juiced each artist’s recorded music consumption.
Luminate and Billboard partnered to dig deeper into the connection between touring and streaming, capping a colossal year of headline tours. Beyoncé and Swift proved perfect examples of artists’ abilities to capitalize on their concert calendar to not only score a local bump in each city but sustain long-term national interest throughout the duration of their tours and beyond.
Both Beyoncé and Swift saw expected bumps to their consumption totals upon their respective tour kick-offs. When The Eras Tour launched, Swift’s U.S. on-demand audio streaming count increased by 59% in the week ending March 23, according to Luminate. For Beyoncé, the effects were teased out, as the tour’s first leg in Europe allowed domestic streaming to build slowly before her North American arrival. By the end of their U.S. runs, streams were up – from the week before each tour began through the release of each artist’s concert film – by 106% and 34%, respectively.
Initially, these bumps could be explained by the analysis of touring’s local short-term impact on consumption. In each city that Beyoncé and Swift played, market-level streams immediately grew by 89% and 95%, respectively, on average. But as their tours continued, isolated regional bumps compounded on one another, with particular narratives and trends aggregating to a mountain of consumption at the national level.
The mere announcement (Feb. 1, 2023) of Beyoncé’s Renaissance World Tour – coupled with the 65th Annual Grammy awards, where she did not perform but accepted two record-breaking trophies – spurred three weeks of gains, as the tour’s on-sale kept excitement alive. The beginning of Beyoncé’s domestic dates naturally fueled consumption in dramatic fashion with six consecutive weeks of increases (July 7 – Aug. 17).
Beyoncé stretched out her summer streaming bump with intention, focusing on individual moments of choreography and arrangements within the setlist. For “Energy,” a deep cut from Renaissance, she made a meal out of the lyric, “Look around, everybody on mute.” She took it literally, pausing the song and freezing alongside her dancers and band, teasing the audience before resuming, “Look around, it’s me and my crew/ Big energy.”
The Mute Challenge soon became an integral part of the show. By the time “Energy” hit its own streaming peak of 1.7 million clicks (week ending Sept. 7), it had nearly tripled its consumption from before the tour.
When Beyoncé performed “My Power,” a non-single from The Lion King: The Gift, she was joined by daughter Blue Ivy Carter on stage. Their much-memed and much-imitated dance routine entered the cannon of iconic Beyoncé choreography, with fans tracking Blue’s progress throughout the tour. The track posted explosive streaming gains over several months, ultimately up 449% by its peak (the week ending Aug. 17) from before the tour’s launch (the week ending May 4).
Spotlights for under-the-radar tracks like “Energy” and “My Power” yielded organic, drawn-out increases in consumption that snowballed alongside a parade of guest stars, controversy over the Queens Remix of “Break My Soul,” and a constant influx of social media content showcasing Beyoncé’s rotating wardrobe from local designers.
Swift’s catalog soared as soon as her tour began on March 17. Even before the July 7 release of Speak Now (Taylor’s Version), which warped her streams beyond the impact of The Eras Tour, consumption had almost doubled, at 372.9 million clicks in the week ending June 1. After the new release receded, her catalog maintained, at 391.4 million by the U.S. leg’s end in the week ending Aug. 10.
Like Beyoncé, Swift found songs within her ever-expanding catalog to highlight, particularly those that weren’t already world-conquering hits. Even with a nightly setlist of more than 40 songs, she left room each night to perform two rotating “surprise songs.” On average, the surprise songs got a 27% bump the week of their performance. Removing performances of songs from Speak Now after the release of the Taylor’s Version set, more affected by new-release streaming patterns than the typical tour impact, the average gain bumps to 31%.
After the exposure and subsequent streaming increase, the typical next-week drop was just 5%, indicating that inclusion in the surprise-song section encouraged sustained streaming action.
Within the show’s routine set pieces, Swift turned a fan-favorite into a Billboard Hot 100 No. 1 hit. Lover’s “Cruel Summer,” from 2019, was the first properly performed song each night at The Eras Tour, helping to reignite Swifties’ passion for the album cut. Without an official music video or announcement, even as Swift launched the 2022 Midnights track “Karma” as a single with its Ice Spice remix, “Cruel Summer” showed unstoppable growth from the tour’s launch. Steady between 1.9-2.1 million streams in the early months of 2023, the song ballooned to 16.7 million by the final U.S. show (in the week ending Aug. 10).
The prolonged championing of “Cruel Summer” and the one-after-another success of Swift’s surprise songs underlined The Eras Tour’s ability to transform her from superstar to stratosphere. Her relationships, philanthropy and seemingly every move during the tour continued to fuel her consumption, consistently more than double the streams she drew from earlier that year.
Both Beyoncé and Swift extended their good fortunes with the release of record-breaking concert films, each delivering profits for distributor AMC and more consumption boosts for their catalogs. The seeds they planted with “Energy, “Cruel Summer” and more took full bloom, even inside movie theaters, with audiences singing and dancing along — except when they had to be on mute.
Months after each tour wrapped in the U.S., Renaissance: A Film By Beyoncé scored the pop-dance-R&B(-country) chameleon a streaming increase of 54% the week of its Dec. 1 release, while Taylor Swift: The Eras Tour earned its once-country-now-pop star a 20% boost upon its Oct. 13 release.
Beyoncé and Swift are, of course, enormous stars that were likely to attract some amount of attention for going on tour even if they didn’t plan and work for these kinds of long-term rewards. But this kind of long-term, national growth isn’t only reserved for top-of-the-line megastars, as Maluma, ODESZA and Weezer experienced similar touring impact last year.
Both five years removed from their last stadium tours, Beyoncé and Swift designed their shows for maximum impact and staged campaigns that turned each trek into an era of its own.
Click here for more on the symbiotic relationship between touring and streaming.
The Oak View Group (OVG) will soon enter a key phase of its long-planned pivot to international markets with the opening of Coop Live in Manchester, United Kingdom, next month.
After its record post-pandemic run — which included opening seven arenas in 16 months, including Climate Change Arena in Seattle, UBS Arena in New York and Acrisure Arena in Palm Springs, Calif. — the Tim Lewieke-led management and development company will transition from U.K. venue developer to U.K. venue operator in one of Europe’s largest concert and live entertainment economies.
First Manchester, then the world, says Francesca Leiweke-Bodie, OVG’s COO (and Leiweke’s daughter). She explains the United Kingdom will be the launch point for expanding the company’s private-public partnership model, which looks to government groups to aid in land acquisition in exchange for fully private financing and development work. Leiweke-Bodie says the model is key to driving expansion opportunities into Africa, Asia and the Middle East, where huge gaps in the world’s touring infrastructure prevent popular arena and stadium tours from accessing hundreds of millions of fans.
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Billboard recently caught up with Leiweke-Bodie to discuss the opening of Coop Live and detail OVG’s near-term expansion plans around the globe.
Why did OVG decide to begin their international expansion efforts with the Manchester project?
London and the U.K. have always been a frontrunner for where we as a company want to plant a flag and show the other countries and municipalities that we’re speaking to about public-private partnerships and prove what is possible when the private sector can step in and invest. That doesn’t happen as much overseas, where the market is really heavily driven by municipal financing. Having this project in the U.K., a $375 million privately funded arena with huge community support and more than $1 million going back to the local business — when other potential partners come to Manchester and see what we are doing, there is no doubt that we’re the real deal and will deliver on our promises.
What’s the biggest challenge OVG faces in its efforts to expand internationally?
I think the hardest thing to come by, whether it’s domestically or internationally, is land. We want to build in the urban core. We want to be where the fans want to be — in the city centers. We can do everything else. We’ll build it. We’ll finance it. We’ll book it. We’ll take the risk. But the partnership that we’re always looking for is the land opportunity. Most of these cities are much older than the United States with dense urban cores that we can’t even fathom. To find four or five acres available to build these types of projects with access to public transit is the crux of what we’re trying to create with these city partnerships. There’s also inbound opportunities from local owners and developers that see an opportunity to take land that they might have identified for retail and say, “Let’s rethink this.”
Once the Manchester facility opened, what’s next for OVG?
Hamilton, Ontario is next. It’s an existing 18,000-seat arena we’ve already started work on, taking the building down to its studs and [which] will reopen in late April. It’s the first project in Toronto that was a public-private partnership and ultimately became a renovation project, but it’s effectively a new arena. In North America, there’s only a few strategic markets left where one could make a really big difference with another arena. But overseas, we have a tremendous amount of opportunity because of the growth internationally of global music, from American country music to Latin.
What other metropolitan characteristics appeal to OVG?
Countries or cities that not only attract from surrounding countries but serve as the point of destination for a much broader area. One example is Sao Paulo in Brazil. From a financial perspective, Sao Paulo is an incredible point of destination for not only Brazil, but for Latin America. That’s why we want to plant our flag there because it doesn’t have an arena. Vienna, Austria is the same thing. You know, it is central to continental Europe. You can get to it from six different countries via car. We have about two dozen cities like that we’ve identified.
How does programming and booking drive the OVG strategy?
That’s such a key element. The first domino that we were really thinking about and analyzing from a construction and design perspective is making sure that the building is both turnkey and equipped with all acoustic treatments and back-of-house amenities to accommodate major tours. We talk to local promoters, and figure out what is coming in the rider and work with our partners at the building to alleviate costs. Arenas have to compete with the stadium shows and we have to make the economics work so we’re really looking at the take-home revenue for an artist to make sure that their touring costs are competitive and can exceed the expectations of fans and market partners.