The concert industry released the 2018 concert figures, which had total receipts of over $10.4 BILLION DOLLARS from all of the tours worldwide for the year. Huge year for concerts!
The 2018 concert year was excellent for most acts. The top 5 tours for 2018 worldwide are as follows:
|Rank||Tour||Number of Shows||Gross Income|
|1||Ed Sheeran||94||$432 Million|
|2||Taylor Swift||53||$345 Million|
|3||Jay Z/Beyonce||48||$254 Million|
|5||Bruno Mars||75||$167 Million|
Throughout the top 50 tours for 2018, women artists are doing better & better each year. Female concert artists are probably the fastest growing segment of the business, yet there is a dearth of female concert promoters at this time. The industry needs more women concert promoters.
Road Warriors such as Jimmy Buffett, Lady Gaga, Maroon 5, Red Hot Chili Peppers, Usher, Pearl Jam, Nickelback, Dave Matthews, Roger Waters, The Eagles, U2, Justin Timberlake, Foo Fighters, Journey, Def Leppard, Depeche Mode, The Rolling Stones, Elton John, and Metallica just had fabulous successful 2018 tours.
Country music had blockbuster tours with Keith Urban, Kenny Chesney, Luke Bryan, Florida Georgia Line, Shania Twain, Chris Stapleton, Carrie Underwood, and Jason Aldean doing top business. Brad Paisley had a very strong 2018. Garth Brooks has returned to the concert trail for 2018 – 2019 and is doing “sold out” shows everywhere he plays.
Metal acts had a very strong 2018! Guns N’ Roses had a huge tour that continued through 2018 celebrating their reunion.
Comedy, folk, rap, blues, R&B, Christian, and jazz concerts had a fabulous year in 2018. My reason for discussing the previous monetary figures with you is to demonstrate to you how strong the concert business is, how it is still going and always looking for more markets to grow into.
Ticket revenue is up, and the summer concert season will be huge at all levels in 2019 – arena, outdoor, theaters, and clubs.
The concert business is doing well!