Guns N’ Roses‘ reunion was one of the biggest things to happen this year so it’s somewhat unsurprising to hear that their tour is making a bucketload of money.
While Fortune reported last week that fans were observing that the stadium for a show in Chicago seemed way under capacity, tour promoter Live Nation have assured that the tour is doing well and they are expecting to sell over 90 per cent of tickets.
The shows are selling for around $170 and they have sold out 12 of their 25 concerts on their reunion tour. It’s their first time together since 1993 and comes off the back of a massive headline set at Coachella earlier in the year.
“It will be one of the top-grossing tours of 2016 and one of the most successful reunion tours of all time,” Live Nation said in a statement.
According to them, it’s already grossed $100 million off just 25 shows which is far less than most artists’ world tours.
“Live Nation expects to surpass 1 million tickets sold and we congratulate the band on this monumental achievement.”
As for the under capacity shows, Live Nation put it down to the shows in smaller cities always falling to attract the same crowds as larger cities.
“The band wants to play certain cities. On virtually any tour we do, the larger cities generally outperform those with smaller populations.”
To put $100 million of 25 shows into perspective, according to Forbes Taylor Swift’s 1989 world tour was the highest grossing tour of last year taking in $217.4 million. She played 85 shows in total. $100 million would’ve also been enough to place them in the top six highest grossing concerts of last year.
The band have currently only announced American tour dates.
Watch: Guns N’ Roses – Welcome To The Jungle (Live 2016)
https://youtu.be/LMlf3lKD3Zw
