The Guns N’ Roses Reunion is Making Mad Bank, Son
Whoa! Did you guys just feel that? It was a MASSIVE gust of wind. I wonder what that was?
Oh, wait! I know, I know: it was the promoters of this summer’s big Guns N’ Roses reunion tour breathing a sigh of relief.
As you may have heard, GN’R’s guarantees for this tour are, in industry jargon, FUCKING ASTRONOMICAL. Thing is, from a fiscal standpoint at least, they seem to be worth it. According to The PRP‘s weekly roundup of metal-relevant Boxscore reports, the group’s recent show in Las Vegas (our review) made it rain:
Artist: Guns N’ Roses & Alice In Chains
Venue: Las Vegas, NV – T-Mobile Arena
Date: Apr. 08th-09th, 2016
Gross Sales: $6,265,076
Attendance/Capacity: 28,849 / 28,849
Ticket Prices: $350, $250, $199.50, $79.50
Those figures represent a combination of both nights at the T-Mobile arena, but they’re STILL insane. To put them in perspective, note Iron Maiden recently headlined a larger venue and still raked in less cash:
Artist: Iron Maiden & Anthrax
Venue: Sao Paulo, BRA – Allianz Parque
Date: Mar. 26th, 2016
Gross Sales: $2,844,250
Attendance/Capacity: 39,583 / 39,583
Ticket Prices: $168.17, $27.12
Of course, there are some caveats here. For one thing, these were GN’R’s first official shows back together since 1993, and as a result, hardcore fans from all over the world flocked to ’em. In fact, the rarity of Guns N’ Roses performances works in their favor, and is why they’re able to charge such exorbitant ticket prices. Still, it seems like a safe bet that these shows will continue to be highly profitable: tickets for their summer tour are apparently selling like hot cakes, with several dates already sold out.
Go here for an tour itinerary so you can figure out how long you have to come up with the money to pay a scalper for seats.