Wednesday, August 6, 2014

Jay Z and Beyonce’s On The Run Tour Tops $100 Million, ‘Everybody’s Winning’

Beyonce and Jay-Z perform during the "On The Run Tour"

Plagued by rumors of poor ticket sales and still a target for the tabloids, the Jay Z/Beyonce On The Run stadium tour will nevertheless wrap as a huge success.

Jay Z and Beyonce‘s On The Run tour wraps in North America with two nights at AT&T Park in San Francisco, both tonight (August 5) and tomorrow night (August 6). The pair’s 19 North American shows will gross over $100 million in ticket sales and has sold at more than 90 percent capacity, according to Omar Al-Joulani, vp of North American touring for Live Nation, the promoter/producer of the tour. Attendance will top out at more than 850,000.
Al-Joulani declined to comment on press reports of rancor between the couple, adding that he hadn’t read it. Regarding such reports, and speculation that Live Nation might be losing money on the tour, Al-Joulani would only say, “everybody’s winning.” And regarding reports that the plug might be pulled on the tour, the promoter adds, “Production is loading-in in San Francisco as we speak.”
Beyonce & Jay Z’s Street-Fab ‘On the Run’ Tour Opens in Miami: Review
Some reports put the couple’s performance guarantee at $4 million per show, which is a reasonable figure, considering the tour’s nightly take is over $5.2 million from an average attendance of nearly 45,000 per show. As predicted by Billboardback in June – when inaccurate reports that the tour was struggling began to surface — sales for the tour finished strong, following a general market trend of tickets selling closer to show date. “These shows sold tremendously well at the end, so we were able to sell-up limited-view and clean up production holds or other holds,” says Al-Joulani. “It was a very successful tour, and we’re pleased to have that big gross number at the end.”

No comments:

Post a Comment