Touring
Page: 96
07/31/2023
Queen Bey’s world tour graced the massive venue for two nights.
07/31/2023
Harry Styles spread the love to more than just fans who attended his Love On Tour shows. Following the conclusion of the pop star’s impressive two-year run on the road, his team announced that the international trek raised more than $6.5 million for dozens of charities across the globe, benefiting reproductive health, environmentalism, gun safety and many more causes.
The donated proceeds were raised over the course of 173 shows in Europe, North America, Australia, Asia and Latin America starting in September 2021, several of which were grouped as mini-residencies in iconic venues such as New York City’s Madison Square Garden and Los Angeles’ The Forum — both of which have permanent banners hanging from the rafters commemorating 15 consecutive Love On Tour concerts. As of a couple weeks ago, the tour had earned more than $590 million total, becoming the fourth highest-grossing tour of all time, according to the Billboard Boxscore.
Among the charities benefited by Love On Tour: Planned Parenthood, Choose Love, Physicians for Reproductive Health, Rebuild Foundation, REVERB, Black Voters Matter Fund – Capacity Building Institute, The Afiya Center, International Rescue Committee, Intermission Youth, Save the Children, CARE, Every Town for Gun Safety, and several more.
Styles officially closed out the run of shows with a jam-packed finale performance in Reggio Emilia, Italy, on July 22, during which he thanked fans in an emotional speech. “You guys being here tonight, I know you wanted to make it special for me. You make it special for me every single night,” he said during his last moments on a Love On Tour stage. “The atmosphere that you have created, the family that you have created, this safe space that you have created … I want to thank you for everything.”
After his final performance, the three-time Grammy winner shared a sweet video capturing some of the best fan moments from his shows, promising on his Instagram Story that he’ll “see you again when the time is right.”
“Treat People With Kindness,” he added. “I love you more than you’ll ever know.”
It’s been a rough week for venue management firm ASM Global. On Thursday, OVG signed a contract to privately manage one of ASM’s largest clients, Chicago’s McCormick Place, the largest convention center in North America, and then on Friday (July 28) OVG won the venue management and food service contract for Tulsa’s BOK Center and the 275,000-square-feet Cox Business Convention Center.
The BOK Center had been managed by ASM and formerly its predecessor SMG since the building opened in 2007 and was a crown jewel for the company, regularly landing a spot on Billboard’s Boxscore Chart for building capacities of 15,0001 seats or more. But during a special meeting Friday, the Tulsa Public Facilities Authority unanimously voted to begin exclusive negotiations with OVG360 and OVG Hospitality to manage venue operations, booking, partnerships and sponsorships, and food and beverage operations at the two venues.
“OVG will focus on creating momentum in three main areas: ensuring Tulsa is the top destination for major concerts in Oklahoma, continuing to grow the city’s national and regional convention business, and assisting the city and its stakeholders in the development of a full-service convention center hotel,” company officials announced in a press release.
“The BOK Center and Convention Center are key economic drivers in our community, and their success is critical to Tulsa’s future vitality,” Tulsa Mayor G.T. Bynum said. “As a thriving world-class city with world-class entertainment venues, we must always be focused on continuous improvement – not self-satisfied with the success of today but focused on being even better tomorrow. I have complete confidence in OVG and their ability to build upon the success we’ve enjoyed at the BOK Center and Convention Center over the last fifteen years.”
In Chicago, an unanimous vote from the Metropolitan Pier and Exposition Authority (MPEA) Board Thursday awarded the contract for private management and food services on the McCormick Place campus to OVG360 and OVG Hospitality.
The contracts, scheduled to begin on Oct. 1, 2023 and run through September 2028, were unanimously awarded following an extensive public procurement process. The change will affect the McCormick Place Convention Center, the 10,00-seat Wintrust Arena, and Arie Crown Theater.
“We’re incredibly proud that McCormick Place has entrusted OVG360 and OVG Hospitality as the new keepers of this world-renowned complex. While McCormick Place has set the industry standard for decades, we are honored to help shape its future,” said Chris Granger, president of OVG360. “We see an incredible opportunity to elevate the guest experience, support the surrounding community, drive sustainability, and grow and inspire a diverse workforce. We look forward to bringing our depth of experience from around the globe to Chicago and to building upon McCormick Place’s incredible track record.”
As Tim McGraw gears up to release his 17th studio album, Standing Room Only, on Aug. 25, he is also setting his sights on a tour for 2024. The Live Nation-produced Standing Room Only tour will launch March 14, 2024, in Jacksonville, Fla., and will hit more than 30 cities, including Chicago, Denver and Seattle. […]
Jimmie Allen is known for infusing jokes and humor into his concerts, but he’s now making an interesting career pivot. The country singer announced via Instagram on Thursday (July 27) that he will launch a three-date comedy tour, the I Said What I Said Tour, in October. No dates or venues have been shared at […]
Irvine, Calif. officials are considering going the way of the Greek Theatre, pausing negotiations with Live Nation for the development of a 14,000-capacity amphitheater at the city’s Great Park to consider a plan to go it alone and develop and manage a scaled-down 8,000-capacity amphitheater with city resources.
The decision surprised many during a special Irvine city council meeting on Tuesday night (July 25), when the Orange County city’s leaders were asked to approve a contract between the city and Live Nation for the development of a $130 million amphitheater to replace the non-permanent Live Nation-operated Five Points Amphitheater. Five Points opened in 2017 and was created to serve as a temporary replacement for Irvine Meadows Amphitheater, which operated from 1981 to 2016 on property that has since been converted to apartment buildings.
Live Nation had agreed to contribute $20 million to $30 million in capital costs toward the new amphitheater project and to operate the venue as an open amphitheater available to other promoters bringing shows to the region. In total, the amphitheater project would generate a projected $5 million per year for the city and run for a term of 25 years with two renewal options for 10 years each.
While several council members described the project as a good deal for the city, Irvine residents weren’t totally on board, with many complaining of possible traffic impacts as well as concerns about noise emanating from the venue. Other speakers, including John Hanna with the Southwest Mountain States Regional Council of Carpenters, said the project would bring both jobs and world-class talent to Orange County.
“We feel this is a good project. We think the City Manager has done a good job in terms of negotiations,” Hanna said, noting that the project fits with the original vision of the Great Park, “which was created to accommodate not just city members, but the entire region and this venue will do that.”
Irvine vice mayor Tammy Kim said she believed city officials needed more time to evaluate Live Nation’s proposal, which she said felt rushed through. “I think it’s important that we don’t come across as doing any backroom deals — we’re not Anaheim,” Kim said, throwing shade at the city’s neighbor, which has long been accused of having a cozy relationship with Disney.
A number of high-profile Live Nation executives were on hand to voice their support for the project, including Geni Lincoln, the company’s president of California, who said the new amphitheater would be home to “the most exciting events” and “the most diverse events” and would be open to all promoters looking to bring shows to the building.
After a four-hour meeting with more than 30 public comments, the council voted 3-2 to delay a vote on the project so that the city manager could explore a self-management strategy, which would see the city developing and building the venue itself while managing the bookings calendar between competing promoters.
Later in the meeting, city officials instructed the Irvine city manager’s office to pursue the self-management model, potentially mimicking a plan adopted by the city of Los Angeles, which ended Nederlander Concerts’ exclusive contract for the Greek Theatre in 2015. In Denver, the Red Rocks Amphitheatre has long been managed by the city and even allows visiting promoters to choose their own ticketing system.
While the self-management model at the Greek Theater — with ASM Global hired to serve as a third-party neutral manager — has netted more annual income for Los Angeles, it’s come at the expense of more than $50 million in deferred maintenance at the venue, including important earthquake retrofits.
From 1981 to 2016, Irvine Meadows hosted acts including Michael Jackson on his 1989 Bad tour, the Eagles and the Grateful Dead, who played a total of 15 shows there. Built by private investors and operated by Avalon Attractions, the amphitheater eventually landed in the hands of Live Nation in the late 1990s and served as an important Orange County stopover for bands traveling between Shoreline Amphitheater in Northern California and amphitheaters in San Diego County.
While Irvine Meadows was popular for touring amphitheater shows, the new venue would be hard-pressed to repeat the established success of the Greek Theatre, known for its historic design and location inside one of Los Angeles’ most popular park destinations. Without Live Nation, the top amphitheater promoter in the country, city officials managing the facility could face challenges bringing concerts there given Southern California’s competitive live entertainment market.
Live Nation Entertainment continued to profit from the red-hot live music market in the second quarter, beating earnings expectations with $5.6 billion in revenue — up 27.1% year over year and coming in a whopping $680 million over expectations. The company generated earnings per share of $1.02, which was $.40 higher than expected.
The financial results, which marked Live Nation’s strongest second quarter ever, also saw the company’s operating income rise 21% year over year to $386 million this quarter, while adjusted operating income was up 23% to $590 million and operating cash flow came in at $491 million, a 41% increase. The earnings report continues an upward trend at the company, indicating that 2023 will again set a revenue record for the concert promotion giant.
“We believe this is a time on a global basis when live will see incredible growth for years to come,” Live Nation chief executive Michael Rapino said on an earnings call after the company’s financial results were released Thursday (July 27).
The report noted that a record number of fans have attended Live Nation concerts this year, with 117 million tickets sold year-to-date for Live Nation shows — an increase of 20% year-over-year. Ticketmaster clients reported sales of 151 million fee-bearing tickets sold so far this year, with Ticketmaster on track to sell 300 million fee-bearing tickets in 2023. The company also reported a double-digit increase in sponsorship revenue and $4.3 billion in event-related deferred revenue, up 37% over last year, while double-digit attendance growth is expected next quarter.
In terms of venue size, stadiums saw the most growth, with attendance up 28% to 8.0 million fans, led by Europe and Asia Pacific. Arenas saw the second-highest growth rate, up 19% to 10.7 million fans, largely from Canada, Asia Pacific and Latin America. Finally, festivals grew 14% to 4.5 million fans, driven by global demand across all markets.
Capital expenditures at Live Nation totaled $158 million year-to-date, driven by investments in on-site venue enhancement and the expansion of the company’s venue portfolio. The 2023 capital expenditures forecast remains at $450 million, two-thirds of which is allocated for revenue-generating projects.
Despite the rosy earnings report, shares were slightly down Thursday after close to $96.93, marking a drop of less than 1%.
Below is a summary of 2023 Q2 results:
Total revenue: $5.6 billion, up 27% from 2022 Q2
Adjusted operating income: $168.1 million, up 37% from 2022 Q2
Concert revenue: $4.6 billion, up 29% from 2022 Q2
Ticketing revenue: $709.3 million, up 23% from 2022 Q2
Sponsorship and advertising: $302.9 million, up 15% from 2022 Q2
North American concerts: 8,111, up .67% from 2022 Q2
International concerts: 4,130, down 8% from 2022 Q2
North American fans: 18.5 million, up 6% from 2022 Q2
International fans: 18.6 million, up 13% from 2022 Q2
Fee-bearing tickets: 78.9 million, up 10% from 2022 Q2
Just hours before their slated headlining concert at Nashville’s Bridgestone Arena, The Chicks revealed that they are postponing the show due to illness. A statement from The Chicks’ team said they are working to reschedule the show, noting that fans are encouraged to keep their tickets for the newly scheduled date. “The Chicks are looking […]
Big Time Rush gives Billboard a full behind-the-scenes look at the group’s biggest tour yet, the Can’t Get Enough tour. The boyband takes us through soundcheck, meet and greets, and more during its concert at Jones Beach Theater in New York.
Logan Henderson:Billboard, are you ready? You ain’t ready?
Kendall Schmidt:I brought my espresso machine from home.
James Maslow:That’s a must.
Logan Henderson:He handles the morning drinks. I handle the evening drinks with tequila.
James Maslow:Casamigos Reposado on standby!
Logan Henderson:Hey! We’re Big Time Rush, and welcome …
James Maslow:And welcome to our tour stop.
So these were custom made for us.
Logan Henderson:If you think they look like tablecloths, it’s because it is.
James Maslow:They’re vintage, but hey, they’re lighter because it’s summertime — everybody’s got their own letters, and all their embroideries are specific to the tour.
Carlos PenaVega:It was also made in Brooklyn.
Kendall Schmidt:Made in Brooklyn by the way.
James Maslow:Playing in Florida at the Kennedy Space Station.
James Maslow”And Niagara Falls, so yeah, it’s pretty sweet.
James Maslow:100% one-of-a-kind looks for opening.
Kendall Schmidt:We’ve had more, like, stuff on stage before, but it’s definitely the biggest production that we’ve had. And it’s the most well-thought-out and we definitely really focused into making this the biggest show yet.
Logan Henderson:Yeah, this is the most visually beautiful show that we put on. We’ve had lots of different iterations of our tours and everything like that, but this is probably the most beautiful to watch. So we’re playing music we’ve never played on tour before. Got a whole bunch of new music that we’re playing and been very lucky.
Watch the full video with Big Time Rush above!
Missed out on tickets to see Jonas Brothers in concert? You’re in luck, as the trio — which consists of Joe, Nick and Kevin Jonas — have added 50 dates to The Tour into 2024, spanning across North America, Europe, Australia and New Zealand. The trek will see the brothers play hits across five albums […]