U2’s world tour has not yet reached “break-even”
September 27th, 2009
U2’s two year world tour to support”No Line on the Horizon” which began in Barcelona at the end of June has yet to reach break-even. Despite ticket sales of €205m to date, they incur expenses of €500,000 a day,whether they are playing or not! With a staff of 500 on the payroll and 120 trucks transporting the three identical stages(the Claw) that were constructed for the tour,the expense involved is enormous.(the stages cost €40m to construct).
Dublin has been the most lucrative date so far. Their 3 sellout shows in July drew 243,198 and earned €20.2m. Last Wednesday, U2 broke the attendance record at the Giant stadium in New Jersey drawing 84,472 fans to the concert and beating local favourite Springsteen.
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