giovanni66 |
07-17-2013 05:18 AM |
What's really impressive about Bon Jovi #'s is the fact they have achieved these numbers without the biggest promoter in the business "Live Nation". All of the other artists only use Live Nation, while Bon Jovi uses AEG. Not to say that AEG is a small company, but compared to Live Nation, it can't compete. Live nation pretty much owns ticket master & they have rights to stadiums all over the world (and I mean in every part in the globe) when it comes to promoting artists in their arenas/stadiums. Live nation has a monopoly/Oligopoly when it comes to touring/live concert for artists. They set the prices for concerts, are involved heavily in the marketing/advertising of their artist and have almost 90% globally of rights to stadiums and arenas in the world. Heck, even live nation makes money when AeG use their stadiums/arenas for their artists because live nation own the promotional rights for concerts in almost every stadium/arena. Live Nation has a Gazzillliooonnnnnmm$$$$$$$$$$$ dollars in their company to help promote tours, while AEG is only a "billion dollar company"......Don't get me wrong, U2, Bruce, Madonna & The Stones are responsible for their own success, BUT they get a lot more help from Live Nation than does Bon Jovi from AEG. The only property that AEG owns are the o2 domes that are popping up in Europe compared to the million of stadiums/arenas world wide by live nation. AEG is primarily a North American/Half Of Europe promoter......For Bon Jovi to sell out shows & put up the #'s they did since 2000 with the CrusH tour, they deserve a lot of respect.........I bet my life that Jovi's net income/profit margin is the highest out of all the other artists. Remember while Live Nation takes care of the marketing/ticket sales, they take a huge pay out from the shows.......AEG doesn't take as much as live nation but they cant spend $$$$$ in promoting a show like live nation.........Congratulations to Bon Jovi. If you look at the top 100 tours of all time, 99.9999%%%% are promoted by Live Nation.....Jovi have did all of their numbers with Jon as the CEO & with AEG the last 4 tours......Imagine the #'s if Jovi had Live Nation backing them up????
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