Powerhouse tours by the Rolling Stones, U2 and Paul McCartney helped drive concert ticket revenues in North America to a record $3.1 billion in 2005, even as the number of tickets sold declined for the third year in row.
Fans purchased 36.1 million tickets to the top 100 concert tours, compared with 37.6 million in 2004 and 38.7 million in 2003, according to Pollstar, the industry trade magazine.
Despite a slow first-half of the year and the decline in tickets sold, concert tours in 2005 amounted to a 10.7 percent increase in gross receipts over last year’s total of $2.8 billion.
The record revenue was due largely to the rare confluence of superstar artists touring.
Other veteran acts who ended the year among the top 20 in sales receipts included the Eagles, Elton John, Neil Diamond, Bruce Springsteen, Tom Petty & the Heartbreakers, Motley Crue and Jimmy Buffett.
Green Day, Rascal Flatts, Dave Matthews Band, Toby Keith, Kenny Chesney, Coldplay, Gwen Stefani and the Anger Management Tour were among the contemporary acts to break into the top 20 biggest earners.
Source: cnn
