Top 25 concert tours’ sales flat at $2.1 billion
Thursday, December 29, 2011
LOS ANGELES (AP) — Perennially popular Irish rockers U2 were again the top touring band in the world in 2011, repeating their globe-topping haul from 2009, according to trade magazine Pollstar.
The band brought in $231.9 million in 34 shows, narrowly beating out British boy band Take That, which took in $224 million after reuniting with its popular front man, Robbie Williams. U2’s 2009 concerts took in $311 million worldwide, the magazine said.
Globally, the top 25 tours of 2011 reaped $2.1 billion, about the same as last year. But North American gross ticket sales from the top 25 tours were $1.19 billion, about 4 percent less than in 2010.
Pollstar editor-in-chief Gary Bongiovanni said that decline probably resulted from promoter Live Nation Entertainment Inc.’s effort to cut down on money-losing shows.
But he said he expects a rise in North American revenue next year as the Beach Boys celebrate their 50th anniversary. He said the Rolling Stones, also marking 50 years together, also are likely to hit the road, though there’s been no official announcement.
Madonna is likely to tour to promote her first album in five years, set for release in March. And Justin Bieber, who rocked the world but not the U.S. in 2011, may return to play gigs closer to his Canadian roots.
Adele, the British singer whose second album, “21,” has been the top-seller this year, also is expected to draw big crowds in 2012 after undergoing throat surgery recently to correct a problem that had led her to cancel many concerts.
“When she comes back, she’ll be doing incredible business next year. There’s obviously a lot of pent-up demand to see her,” Bongiovanni said.
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