Dead-Company-Performs-At-Oracle-Park-2023-billboard-pro-1260.jpg

Dead & Company’s Final Tour Earns Nearly $115 Million –

[ad_1]

Since forming in 2015, Dead & Company has been one of the most consistent touring entities, mounting 10 separate tours in less than eight years. The last of those, its 2023 summer outing, wrapped on Sunday (July 16) and set an entirely new standard for the band, just as it is hanging up the mantle. According to figures reported to Billboard Boxscore, the Dead & Company Summer Tour 2023 grossed a new high of $114.7 million and sold 845,000 tickets across 28 shows.

The supergroup’s previous best was $53.7 million, earned during its Fall Tour 2021.

Dead & Company established a relatively unfussy format to its tours, much like its approach to setlists and song structure. The band sticks to the U.S. and Canada and plays in brief sprints of anywhere from 10 to 30 shows at a time. Even the name of each tour is plainly stated – Dead & Company 2015 Tour, Dead & Company Summer Tour 2017, Dead & Company Summer Tour 2018 and so on.

Dead & Company is comprised of former Grateful Dead members Bob Weir, Mickey Hart and Bill Kreutzmann, plus John Mayer, Oteil Burbridge and Jeff Chimenti.

Carrying on the legacy of the Grateful Dead, revenue and attendance have been steady as well. Average grosses have mostly stuck between $1 million to $2 million per show, and nightly attendance between 10,000 and 20,000. Routings have seamlessly woven arenas and amphitheaters, with a sprinkling of stadiums in select markets.

That all changed with Dead & Co.’s most recent dates. The announcement of the band’s final tour gave some extra momentum, as farewells are known to do. More than half of this year’s shows were played in stadiums, leveling up in Philadelphia, San Francisco and more.

Dead & Company’s final three shows at San Francisco’s Oracle Park (July 14-16) grossed $24.4 million, becoming the highest grossing engagement of the band’s tenure. A three-show stint at Boulder’s Folsom Field (July 1-3) sold 131,000 tickets, marking its best-selling report ever. Eight-figure grosses continue with double-header stadium stops in Chicago ($11.7 million), Boston ($11.6 million) and New York ($11.1 million).

Across all 28 shows, Dead & Company averaged $4.1 million and 30,200 tickets. Those figures are up by 69% and 46%, respectively, from last summer’s tour, easily setting new peaks for the band. Billboard has reported on many postpandemic tours that have set new personal highs for a variety of artists. But even amidst the excitement of a farewell, there’s an extra level of skill in doing so after touring every single year (with the obvious exception of 2020) since 2015.

This may feel familiar for Grateful Dead members Weir, Hart and Kreutzmann. The band was one of the biggest touring acts of all time, also a group of habit in terms of routing and revenues. While its touring career launched in 1965 — decades before the advent of Billboard Boxscore — its early ‘90s tours delivered remarkably consistent results, routinely selling between 20,000-25,000 tickets per show. For every year between 1991 and 1995, the Grateful Dead was among the top 10 on Boxscore’s year-end Top Tours ranking, coming in at No. 1 on the inaugural ‘91 list and again in ‘93.

But upon its return in June 2015 (four months before Dead & Company’s first tour), Fare Thee Well: Celebrating 50 Years of the Grateful Dead sold more than 360,000 tickets in just five shows, experiencing the full glory of a comeback and a goodbye, all at once.

Now, the Grateful Dead’s latest era ends, as its John Mayer-fronted lineup played its final shows to similarly spectacular results. After 10 tours, plus three editions of the destination event Playing in the Sand, Dead & Company has earned $455.9 million and sold 4.1 million tickets from 212 concerts.



[ad_2]
Source link

Comments are closed.