Musicians Are Now Making More Money Through Tours, and You Would Not Believe How Much Ed Sheeran Has Made!
There was a time when musicians would make fortunes by selling their CDs around the world, however that time is in the past thanks to advancements in technology. Now, the world has moved past the CD era and prefers to listen to music online through the many available streaming options, some of which are completely free of cost such as YouTube.
So, one wonders, how do these artists make any money if the world is listening to their music without paying a single penny? Well, there is still one medium where people need to buy tickets to hear their favorite singers: a concert. According to Zach Bellas, who founded the music label called SBM Records, the major portion of an artist’s total income comes from touring as well as live performances.
Not All Concerts Are Equal
Of course, not all kind of music is suitable for the concert medium. For example, people prefer to listen to slow music when they are alone, so they are unlikely to come to a concert and do the same. However, as far as rock music is concerned, people prefer to dance to it, and that is why they make sure to grab the opportunity of attending a rock concert.
According to a report published by the Wall Street Journal, even though the genre of rock is not as popular a genre as hip-hop or even pop, the artists who make rock music are able to generate more amount of money through their concerts, on average, compared to artists singing other genres of music.
Garth Brooks Made Millions On His World Tour
When it comes to the record for the most number of concerts done as part of a single music tour, singer Garth Brooks has broken it. The artist remained on tour for over three years in between 2014 and 2017, and, along with Trisha Yearwood, who is his wife, managed to sing in front of an estimated 6 million people. This figure is just for the shows he did in the US and Canada. The total cumulative earnings from this tour were approximately $364 million.
But there are stars who have made much more than this. According to reported figures, Madonna managed to generate around $408 million from her tour called Sticky & Sweet which she performed during the period of 2008 and 2009. She is also the only female singer to have earned a spot in the top ten list of artists with the highest grossing tours.
Other High Grossing Tours
The tour called Head Full Of Dreams by the band Coldplay, which had started in the year 2016, and concluded within a year, managed to garner a staggering $523 million, most of which came from their performances in France as well as London.
But the highest grossing tour on the list has to be Ed Sheeran’s Divide tour, which the singer embarked upon in the year 2017. He sang the songs from his newest album. The tour earned him an impressive $750 million, making it one of the highest grossing tours in history.
More in Business Lounge
Bella Hadid Finds a New Owner For Her NYC Penthouse
Being a supermodel isn’t easy. You’re on the move 24/7. One day you’re in Paris, the other in New York, the...July 28, 2021
Here’s Your Chance to Buy or Rent Helen Mirren and Taylor Hackford’s Runyon Canyon Home
Helen Mirren’s is a face that Hollywood is all too accustomed to. The 75-year-old award-winning on-screen and on-stage star is an incredibly talented...July 27, 2021
Kim Kardashian Has Officially Joined the Billionaire’s Club
It’s not every day that you expect to see a reality TV star turn into an entrepreneur and then a billionaire...July 20, 2021
Sneak a Peek Into The Oklahoma Estate Where Blake Shelton and Gwen Stefani Tied The Knot
Love is in the air for Blake Shelton and Gwen Stefani, who exchanged rings on 5 July 2021 after almost a year...July 20, 2021
Kim Kardashian and Saint West Enjoy Special Mother-Son Time at Universal Studios
Kim Kardashian is back and looking better than ever. The reality star was pictured enjoying her time with her son, Saint....July 16, 2021
Ben Affleck and Jennifer Lopez Spotted Cozying Up To Each Other in the Hamptons
We bet you’ve already heard whispers of the latest tea in Hollywood – Jennifer Lopez and Ben Affleck have decided to...July 12, 2021
Two Decades Worth Of Jennifer Aniston’s Real Estate Grabs – Take A Look!
Jennifer Aniston! Who doesn’t know and love the superstar who breathed life into iconic characters like Rachel Green, Rosie Dickinson, Rose...July 7, 2021
Latest in Celeb Real Estate – Tommy Hilfiger & Wife List Two More Properties
You don’t have to be a fashionista to know about Tommy Hilfiger. The global leader in clothes and accessories is a...July 7, 2021
Kevin Hart Drops $7 Million on The Property Next to His Calabasas Mansion
People often say that kindness is making someone laugh, even if it’s only for a moment. Well, going by that logic,...July 6, 2021