JAY-Z tour grosses $9,731,218 in first EIGHT shows!

Hotlantan

Beep beep. Who's got the keys to the Jeep? VROOM!
OG Investor
Jay-Z Earns $9 Million in Two Weeks of Touring

Billboard Boxscore made a recent tally of 2010's top grossing shows thus far, and Jay-Z's Blueprint 3 tour took eight of the top 35 spots. Of the eight, Jiggaman's best-selling show closed out at #10 overall after it grossed $1,322,831.

To give some added perspective on how much an artist can make in two weeks of touring, Jay-Z's tour, which featured Jeezy and Trey Songz, grossed a total of $9,731,218 between March 11-24. Hov's recent deal with concert-giant Live Nation, who famously signed him to a "360 deal" worth a reported $150 million, and also organized his 2008 tour with Mary J. Blige, which grossed $34.5 million, is likely responsible for the rapper's high live performance profits.

"With everything else going on in his career, maybe he hadn't focused on tours as much as he could have," a Live Nation VP told Billboard. "But we always knew he was an amazing live artist and the kind of artist we could work with to get to where we needed to be on the live side."

Jay's next day is his headlining gig at California's Coachella Festival, which takes place on April 16, before he heads out to Europe and Japan.

http://www.theboombox.com/2010/04/06/jay-z-earns-9-million-in-two-weeks-of-touring



JAY-Z, MARY J. BLIGE TOUR GROSSES MORE THAN $9 MILLION IN FIRST EIGHT DATES, SELLING OUT ACROSS THE COUNTRY

LOS ANGELES, CA April 4, 2008 - Live Nation, the world’s largest live music company, announced today that JAY-Z and Mary J. Blige’s “Heart of the City” tour has sold out seven of the first eight dates on its North American trek, grossing more than $9.1 Million dollars thus far and averaging more than 12,000 music fans per night. With dates quickly selling out across the country, the tour is on track to gross in excess of $33 Million dollars over the 28 performances currently scheduled across the U.S. and Canada.

Highlights from the tour thus far include Wednesday night’s $1.5 Million gross at Toronto’s Air Canada Centre, nearly $1.7 Million at Philadelphia’s Wachovia Center, and a whopping $1.8 Million in ticket sales at East Rutherford’s Izod Center. In addition the “Heart of the City” stop in Baltimore’s 1st Mariner Arena was the second highest grossing concert of all time for the venue, topped only by the Rolling Stones.

The tour still has its strongest markets to come, including three dates at Madison Square Garden in New York, JAY-Z’s hometown, and a Los Angeles appearance at the world famous Hollywood Bowl and a two night stand at Chicago’s United Center. The tour culminates on May 8th in Uncasville, Connecticut.

The “Heart of the City” tour has received rave reviews on every stop, and today’s Toronto Star summed up the general sentiment perfectly when they said: “The men in the audience pumped their fists and rhymed along, while the women dug for their inner gangsters at what was undeniably one of the most thrilling hip hop performances this city has witnessed.”

http://media.corporate-ir.net/media_files/irol/19/194146/News/JAY-Z_MARY_TOUR_GROSS_TO_DATE.pdf
 
I can see where he is doing close to those type of numbers especially with the R n B acts on board as well and if it's a big venue...

I've been to a couple of Jay's concerts, the one with R. Kelly and the one with Mary J. Blige and the shit is pretty good, especially since I wasn't really a fan of his music beforehand, but to be honest the one with Kellz was the best cuz he brought out the whole Roc and that shit was crazy. Now he just brings out Bleek and it doesn't have the same feeling...
 
From the April 3, 2008 issue of TIME Magazine
Jay-Z: Music's $150 Million Man


http://www.time.com/time/arts/article/0,8599,1727519,00.html

In a $150 million deal certain to rock what remains of the record industry, Jay-Z has announced plans to depart Def Jam records and give the totality of his creative output — from songs to touring revenue to un-hatched entrepreneurial ideas — to concert promotion behemoth Live Nation. As Jay-Z told the New York Times, which broke the story on its website last night, "I've turned into the Rolling Stones of hip hop."

Jay-Z is not the first A-list recording artist to leave a traditional label for a truck full of Live Nation cash. Madonna announced a 10 year, roughly $120 million deal in 2007, while U2 revealed a 12 year touring and merchandising partnership earlier this week. Still, luring Jay-Z is a major coup for the publicly traded Live Nation. He is not only one of the world's top-selling rappers and concert draws, he's a former record company president. "If the [ex] president of Def Jam decides it's time to get off the sinking ship," says a producer who has worked for Jay-Z, "everyone else is going to start figuring out how to follow."

Live Nation is expected to furnish Jay-Z, born Shawn Carter, with $5 million in seed money annually for his own label, publishing arm and management company, with significantly more funds available for future acquisitions and expansion. He will also receive a $25 million upfront payment and $10 million per album for a minimum of three albums over the next decade.

Given the trajectory of Jay-Z's record sales — 2003's The Black Album sold 3 million copies while 2007's American Gangster barely cracked 1 million — he would have been crazy to turn down the deal. But how sane is Live Nation? Last year the company reported a $12 million loss, and even the most optimistic projections for Jay-Z's sales and entrepreneurship would make it tough for the company to recoup its investment.

But the key to the company's strategy is live performances. Despite the stagnation of record sales, the concert industry is booming. Last year revenues were up 8% to $3.9 billion, and Live Nation is in perfect position to expand its market share. Eight years ago, Live Nation, then a part of Clear Channel Communications, struck a deal with Ticketmaster that gave Ticketmaster exclusive rights to sell most of Live Nation's 30,000 nationwide events. That deal, which accounted for nearly $200 million in revenue in 2007, expires in 2008, and Live Nation's own ticketing system, already the third-largest in the United States, is prepared to ramp up. With top grossing pop (Madonna), rock (U2) and rap (Jay-Z) acts in its stable, the company certainly won't be short on inventory.

Having a single company control so much of the live music market is almost guaranteed to mean one thing: ungodly ticket prices. In 2007, the cost of two seats to see Phil Collins and a re-united Genesis warble Mama was around $400, while two of the best seats for Jay-Z's current 28-date Live Nation tour with Mary J. Blige go for $500.00. Anti-trust laws prevent Live Nation from selling more than 10% of its own tickets, but at those prices, 10% adds up fast. For consumers, the pain could be acute. But for Jay-Z, it's a wonderful morning to be in the music business.
 
big ups to him.

Stay out of fake beefs and concentrate on his craft. Smart thing to do

:rolleyes:

rocawear-symbolism2.jpg
 
It's all venue 12,000 seat arenas

Jay-Z and Mary J blige tickets for $100 ain't nothing

Now if he could do a 100+ stop world tour and keep those numbers up that would be crazy :eek:
 
There is no way in hell I would pay $100 to see a rapper.
I have NEVER seen a rapper put on a $100-a-ticket show. NEVER. NONE.
 
That's what's up. Get that paper.
Jay-Z Earns $9 Million in Two Weeks of Touring

Billboard Boxscore made a recent tally of 2010's top grossing shows thus far, and Jay-Z's Blueprint 3 tour took eight of the top 35 spots. Of the eight, Jiggaman's best-selling show closed out at #10 overall after it grossed $1,322,831.

To give some added perspective on how much an artist can make in two weeks of touring, Jay-Z's tour, which featured Jeezy and Trey Songz, grossed a total of $9,731,218 between March 11-24. Hov's recent deal with concert-giant Live Nation, who famously signed him to a "360 deal" worth a reported $150 million, and also organized his 2008 tour with Mary J. Blige, which grossed $34.5 million, is likely responsible for the rapper's high live performance profits.

"With everything else going on in his career, maybe he hadn't focused on tours as much as he could have," a Live Nation VP told Billboard. "But we always knew he was an amazing live artist and the kind of artist we could work with to get to where we needed to be on the live side."

Jay's next day is his headlining gig at California's Coachella Festival, which takes place on April 16, before he heads out to Europe and Japan.

http://www.theboombox.com/2010/04/06/jay-z-earns-9-million-in-two-weeks-of-touring



JAY-Z, MARY J. BLIGE TOUR GROSSES MORE THAN $9 MILLION IN FIRST EIGHT DATES, SELLING OUT ACROSS THE COUNTRY

LOS ANGELES, CA April 4, 2008 - Live Nation, the world’s largest live music company, announced today that JAY-Z and Mary J. Blige’s “Heart of the City” tour has sold out seven of the first eight dates on its North American trek, grossing more than $9.1 Million dollars thus far and averaging more than 12,000 music fans per night. With dates quickly selling out across the country, the tour is on track to gross in excess of $33 Million dollars over the 28 performances currently scheduled across the U.S. and Canada.

Highlights from the tour thus far include Wednesday night’s $1.5 Million gross at Toronto’s Air Canada Centre, nearly $1.7 Million at Philadelphia’s Wachovia Center, and a whopping $1.8 Million in ticket sales at East Rutherford’s Izod Center. In addition the “Heart of the City” stop in Baltimore’s 1st Mariner Arena was the second highest grossing concert of all time for the venue, topped only by the Rolling Stones.

The tour still has its strongest markets to come, including three dates at Madison Square Garden in New York, JAY-Z’s hometown, and a Los Angeles appearance at the world famous Hollywood Bowl and a two night stand at Chicago’s United Center. The tour culminates on May 8th in Uncasville, Connecticut.

The “Heart of the City” tour has received rave reviews on every stop, and today’s Toronto Star summed up the general sentiment perfectly when they said: “The men in the audience pumped their fists and rhymed along, while the women dug for their inner gangsters at what was undeniably one of the most thrilling hip hop performances this city has witnessed.”

http://media.corporate-ir.net/media_files/irol/19/194146/News/JAY-Z_MARY_TOUR_GROSS_TO_DATE.pdf
 
That's what's up. Get that paper.
Jay-Z Earns $9 Million in Two Weeks of Touring

Billboard Boxscore made a recent tally of 2010's top grossing shows thus far, and Jay-Z's Blueprint 3 tour took eight of the top 35 spots. Of the eight, Jiggaman's best-selling show closed out at #10 overall after it grossed $1,322,831.

To give some added perspective on how much an artist can make in two weeks of touring, Jay-Z's tour, which featured Jeezy and Trey Songz, grossed a total of $9,731,218 between March 11-24. Hov's recent deal with concert-giant Live Nation, who famously signed him to a "360 deal" worth a reported $150 million, and also organized his 2008 tour with Mary J. Blige, which grossed $34.5 million, is likely responsible for the rapper's high live performance profits.

"With everything else going on in his career, maybe he hadn't focused on tours as much as he could have," a Live Nation VP told Billboard. "But we always knew he was an amazing live artist and the kind of artist we could work with to get to where we needed to be on the live side."

Jay's next day is his headlining gig at California's Coachella Festival, which takes place on April 16, before he heads out to Europe and Japan.

http://www.theboombox.com/2010/04/06/jay-z-earns-9-million-in-two-weeks-of-touring



JAY-Z, MARY J. BLIGE TOUR GROSSES MORE THAN $9 MILLION IN FIRST EIGHT DATES, SELLING OUT ACROSS THE COUNTRY

LOS ANGELES, CA April 4, 2008 - Live Nation, the world’s largest live music company, announced today that JAY-Z and Mary J. Blige’s “Heart of the City” tour has sold out seven of the first eight dates on its North American trek, grossing more than $9.1 Million dollars thus far and averaging more than 12,000 music fans per night. With dates quickly selling out across the country, the tour is on track to gross in excess of $33 Million dollars over the 28 performances currently scheduled across the U.S. and Canada.

Highlights from the tour thus far include Wednesday night’s $1.5 Million gross at Toronto’s Air Canada Centre, nearly $1.7 Million at Philadelphia’s Wachovia Center, and a whopping $1.8 Million in ticket sales at East Rutherford’s Izod Center. In addition the “Heart of the City” stop in Baltimore’s 1st Mariner Arena was the second highest grossing concert of all time for the venue, topped only by the Rolling Stones.

The tour still has its strongest markets to come, including three dates at Madison Square Garden in New York, JAY-Z’s hometown, and a Los Angeles appearance at the world famous Hollywood Bowl and a two night stand at Chicago’s United Center. The tour culminates on May 8th in Uncasville, Connecticut.

The “Heart of the City” tour has received rave reviews on every stop, and today’s Toronto Star summed up the general sentiment perfectly when they said: “The men in the audience pumped their fists and rhymed along, while the women dug for their inner gangsters at what was undeniably one of the most thrilling hip hop performances this city has witnessed.”

http://media.corporate-ir.net/media_files/irol/19/194146/News/JAY-Z_MARY_TOUR_GROSS_TO_DATE.pdf
 
and niggas want to say Rick Ross is the bet out right now....holla at me when he does these type of tour numbers

...I won't hold my breath
 
That's what's up. Get that paper.
Jay-Z Earns $9 Million in Two Weeks of Touring

Billboard Boxscore made a recent tally of 2010's top grossing shows thus far, and Jay-Z's Blueprint 3 tour took eight of the top 35 spots. Of the eight, Jiggaman's best-selling show closed out at #10 overall after it grossed $1,322,831.

To give some added perspective on how much an artist can make in two weeks of touring, Jay-Z's tour, which featured Jeezy and Trey Songz, grossed a total of $9,731,218 between March 11-24. Hov's recent deal with concert-giant Live Nation, who famously signed him to a "360 deal" worth a reported $150 million, and also organized his 2008 tour with Mary J. Blige, which grossed $34.5 million, is likely responsible for the rapper's high live performance profits.

"With everything else going on in his career, maybe he hadn't focused on tours as much as he could have," a Live Nation VP told Billboard. "But we always knew he was an amazing live artist and the kind of artist we could work with to get to where we needed to be on the live side."

Jay's next day is his headlining gig at California's Coachella Festival, which takes place on April 16, before he heads out to Europe and Japan.

http://www.theboombox.com/2010/04/06/jay-z-earns-9-million-in-two-weeks-of-touring



JAY-Z, MARY J. BLIGE TOUR GROSSES MORE THAN $9 MILLION IN FIRST EIGHT DATES, SELLING OUT ACROSS THE COUNTRY

LOS ANGELES, CA April 4, 2008 - Live Nation, the world’s largest live music company, announced today that JAY-Z and Mary J. Blige’s “Heart of the City” tour has sold out seven of the first eight dates on its North American trek, grossing more than $9.1 Million dollars thus far and averaging more than 12,000 music fans per night. With dates quickly selling out across the country, the tour is on track to gross in excess of $33 Million dollars over the 28 performances currently scheduled across the U.S. and Canada.

Highlights from the tour thus far include Wednesday night’s $1.5 Million gross at Toronto’s Air Canada Centre, nearly $1.7 Million at Philadelphia’s Wachovia Center, and a whopping $1.8 Million in ticket sales at East Rutherford’s Izod Center. In addition the “Heart of the City” stop in Baltimore’s 1st Mariner Arena was the second highest grossing concert of all time for the venue, topped only by the Rolling Stones.

The tour still has its strongest markets to come, including three dates at Madison Square Garden in New York, JAY-Z’s hometown, and a Los Angeles appearance at the world famous Hollywood Bowl and a two night stand at Chicago’s United Center. The tour culminates on May 8th in Uncasville, Connecticut.

The “Heart of the City” tour has received rave reviews on every stop, and today’s Toronto Star summed up the general sentiment perfectly when they said: “The men in the audience pumped their fists and rhymed along, while the women dug for their inner gangsters at what was undeniably one of the most thrilling hip hop performances this city has witnessed.”

http://media.corporate-ir.net/media_files/irol/19/194146/News/JAY-Z_MARY_TOUR_GROSS_TO_DATE.pdf
 
That's what's up. Get that paper.
Jay-Z Earns $9 Million in Two Weeks of Touring

Billboard Boxscore made a recent tally of 2010's top grossing shows thus far, and Jay-Z's Blueprint 3 tour took eight of the top 35 spots. Of the eight, Jiggaman's best-selling show closed out at #10 overall after it grossed $1,322,831.

To give some added perspective on how much an artist can make in two weeks of touring, Jay-Z's tour, which featured Jeezy and Trey Songz, grossed a total of $9,731,218 between March 11-24. Hov's recent deal with concert-giant Live Nation, who famously signed him to a "360 deal" worth a reported $150 million, and also organized his 2008 tour with Mary J. Blige, which grossed $34.5 million, is likely responsible for the rapper's high live performance profits.

"With everything else going on in his career, maybe he hadn't focused on tours as much as he could have," a Live Nation VP told Billboard. "But we always knew he was an amazing live artist and the kind of artist we could work with to get to where we needed to be on the live side."

Jay's next day is his headlining gig at California's Coachella Festival, which takes place on April 16, before he heads out to Europe and Japan.

http://www.theboombox.com/2010/04/06/jay-z-earns-9-million-in-two-weeks-of-touring



JAY-Z, MARY J. BLIGE TOUR GROSSES MORE THAN $9 MILLION IN FIRST EIGHT DATES, SELLING OUT ACROSS THE COUNTRY

LOS ANGELES, CA April 4, 2008 - Live Nation, the world’s largest live music company, announced today that JAY-Z and Mary J. Blige’s “Heart of the City” tour has sold out seven of the first eight dates on its North American trek, grossing more than $9.1 Million dollars thus far and averaging more than 12,000 music fans per night. With dates quickly selling out across the country, the tour is on track to gross in excess of $33 Million dollars over the 28 performances currently scheduled across the U.S. and Canada.

Highlights from the tour thus far include Wednesday night’s $1.5 Million gross at Toronto’s Air Canada Centre, nearly $1.7 Million at Philadelphia’s Wachovia Center, and a whopping $1.8 Million in ticket sales at East Rutherford’s Izod Center. In addition the “Heart of the City” stop in Baltimore’s 1st Mariner Arena was the second highest grossing concert of all time for the venue, topped only by the Rolling Stones.

The tour still has its strongest markets to come, including three dates at Madison Square Garden in New York, JAY-Z’s hometown, and a Los Angeles appearance at the world famous Hollywood Bowl and a two night stand at Chicago’s United Center. The tour culminates on May 8th in Uncasville, Connecticut.

The “Heart of the City” tour has received rave reviews on every stop, and today’s Toronto Star summed up the general sentiment perfectly when they said: “The men in the audience pumped their fists and rhymed along, while the women dug for their inner gangsters at what was undeniably one of the most thrilling hip hop performances this city has witnessed.”

http://media.corporate-ir.net/media_files/irol/19/194146/News/JAY-Z_MARY_TOUR_GROSS_TO_DATE.pdf
 
Heist will be here later to explain why Jay only took home $500,000 :lol:

"To give some added perspective on how much an artist can make in two weeks of touring, Jay-Z's tour, which featured Jeezy and Trey Songz, grossed a total of $9,731,218"

Yeah, like I said - I presented my credentials and I know the business. You do not.

The tour grossed, not netted $9.7MM

So, no, Jay-Z did not take home $9.7MM.

Do the math with me and it'll all make sense:

- First the tour (as a short term, LLC corporation) has to pay corporate taxes on gross. 20% between state and Fed is a fair number, so now you're at $7.9M pre tax profit. Lets just call it $8M for sake of whole numbers.

- Your average rap tour GS&A, logistic, and operational costs are ~30% of gross depending on how complicated the tour and show is (U2 puts on elaborate shows, they're more like 50-60% in some instances)
So now you're at $3.6M in profit.


- Then you have to split the money 3-ways. Two openers and one headliner.
Headliner usually always takes 60-70%.

70% of $3.6MM is $2.5MM

- Then Jay-Z has to pay personal income tax on that $2.5MM
figure 35% minimum so Jay-Z walks away with $1.6M

So while not $500,000 - and nothing to sneeze at -it damn sure ain't $9.7MM:D
 
Sorry but I've seen people like Prince, MJ and Janet. I can't realistically see myself shelling out a bill for Jay-Z. $100 to watch a nigga walk back and forth and talk over music? Hell naw. That mutha fucka better learn to sing or dance before he'll ever see a penny of my money.
That's why he's got Mary J on tour with him. He knows he's not a great entertainer. He sells a lot of records but has no performance skills. To be honest, most rappers don't.

jay's show is pretty good but kanye>>>
i saw him on the glow in the dark tour and it was dope as hell
 
You're forgetting some of the deductions you can write off on that profit. (the 2.5mil) He can make lots of personal claims on that money that might bring the deductions up. But, I'm with ya on the other figures.

Yeah, like I said - I presented my credentials and I know the business. You do not.

The tour grossed, not netted $9.7MM

So, no, Jay-Z did not take home $9.7MM.

Do the math with me and it'll all make sense:

- First the tour (as a short term, LLC corporation) has to pay corporate taxes on gross. 20% between state and Fed is a fair number, so now you're at $7.9M pre tax profit. Lets just call it $8M for sake of whole numbers.

- Your average rap tour GS&A, logistic, and operational costs are ~30% of gross depending on how complicated the tour and show is (U2 puts on elaborate shows, they're more like 50-60% in some instances)
So now you're at $3.6M in profit.


- Then you have to split the money 3-ways. Two openers and one headliner.
Headliner usually always takes 60-70%.

70% of $3.6MM is $2.5MM

- Then Jay-Z has to pay personal income tax on that $2.5MM
figure 35% minimum so Jay-Z walks away with $1.6M

So while not $500,000 - and nothing to sneeze at -it damn sure ain't $9.7MM:D
 
^
Heist, for all that fuzzy math you just did, you do realize this was just for the first 8 shows, right?



That is a fair statement.
I know it's just the first 8 shows.
What' s fuzzy about it, though? Your credentials please. Or as they say on BGOL, "Where dem books at?"

Those on here know who I am and who I associate with. I know the business (although I left it several years ago to pursue some other interests).

But the formula is consistent and validated.

Just plug in the values as the rest of the tour numbers come out and you can get a very good approximation for what Jay is taking home.

Just as simple as a + b = c

Therefore, c > b and c > a.

:dunno:
 
Sorry but I've seen people like Prince, MJ and Janet. I can't realistically see myself shelling out a bill for Jay-Z. $100 to watch a nigga walk back and forth and talk over music? Hell naw. That mutha fucka better learn to sing or dance before he'll ever see a penny of my money.
That's why he's got Mary J on tour with him. He knows he's not a great entertainer. He sells a lot of records but has no performance skills. To be honest, most rappers don't.

the last tour didnt have mjb.
it was jay,jeezy and trey songs
 
Back
Top