After months of planning, and a huge collaborative effort between Co-op Live, our partners and suppliers, Manchester City Council and of course, MTV and Paramount, the weekend saw the MTV EMA arrive in our city for the very first time.
It was a very special moment, six months into opening witnessing our stunning venue continue in all its glory, while maximising on our unique opportunity to utilise the full Etihad Campus to host events of the magnitude that Manchester deserves.
What a fitting way to celebrate the globally acclaimed event's 30th year, with exceptional performances from the likes of Raye, Teddy Swims, Benson Boone, Tyla and hip-hop legend Busta Rhymes, in a venue built from the ground up with world-leading acoustics and fan experience at its core.
Thank you to everyone involved, and to the fans for helping to make the night truly unforgettable. Together, this is what we do.
Oak View Group
Highly experienced, commercial and relationship driven executive.
IILMC Ticketer of the Year / Music Week Roll of Honour / Pollstar & VenuesNow International Impact List
Dynamic CEO. Events Specialist, The Chairman of Saltaire Festival and CEO of Challenge Festival. Freelance Event Management and advisor. Bridging the gap between event management and safety.
🌟 Diving into the agencies behind the talent: A look at the MOBO Awards. We used Booking Agent Info to find out the agencies behind this years nominees.
WME shines with a 20% representation, leading the pack, followed closely by UTA, CAA, and Wasserman. But let's not overlook the collective power of diversity — a vibrant 34.4% is represented by a variety of other agencies. Agencies like Marshall, Earth Agency, and Primary Talent International, each claim a 1.6% share, while YM&U Group carves out a 2.4% slice.
This pie chart isn't just about who's who, it's a visual narrative of competition, influence, and the multifaceted nature of our music industry. 📈💼🎶
Follow Booking Agent Info for more insights like this!
#IndustryInsight#MOBOAwards#AgencyBreakdown
There's more to a Taylor Swift concert than meets the eye. As hundreds of thousands of unaware patron’s flock to stadiums in Sydney and Melbourne, all eyes are on Taylor. Yet, these events wouldn't be possible without the tireless work of industry professionals who dedicate countless hours to set up. This is where Find Me Labour comes in. While we may not be Taylor Swift, we certainly know "All Too Well" the ongoing difficulties and planning that goes into these events. That's why FML has designed an easy-to-use application that will take one of the biggest problems out of the planning stage: finding industry professionals.
Just like Taylor's song "Begin Again," each concert is a new start, requiring meticulous planning and execution. FML understands the importance of finding the right people for the job, ensuring that every aspect of the event, from "State of Grace" to "Enchanted," is executed flawlessly. Our platform streamlines the process, making it as smooth as "Red" and ensuring that you can "Stay Stay Stay" focused on the big picture.
With FML, you can leave the "Trouble" of finding industry professionals behind and focus on creating an unforgettable experience for concertgoers. So, whether you're planning the next "Love Story" tour or a smaller event, FML is here to help you "Shake It Off" and make it a success. #swifties#getitdone#entertainment#findmelabour
Breaking Down #Beyonce: A Counterpoint on Her Festival Finances
I will always defer to Dan Runcie when it comes to music. But he's doing double-time in the media lane, and he's missing some things in saying it's not in Beyonce's financial interest to perform at festivals.
First, let's break down what he's saying about what she makes from the tour:
- Beyonce grossed $579M on tour w/ a budget of $150 million, across 56 dates
- Thus, she netted $7.6 million each performance from ticket sales
- Throw in that she monetized footage from the tour with a film that grossed $44M, and would have netted $19.4M after AMC takes 57% of U.S. and 30% of international box office
If we deduct a conservative $1m in cost on that film, Beyonce netted $447.4M, or $8M per performance from her tour.
Now, if we were to estimate what she could earn from performing at Coachella:
- Bey made $8-12M last time around for 2 performances. It's safe to say she could get $14M from #Coachella based on inflation and the rise in their VIP prices over the years. That's $14M net, assuming Coachella pays for performance costs.
- While Netflix is slashing costs, they paid $20M for Beyonce last time, and I think she could get $30M for a series documenting her two weekends. Takeaway $2M for production costs and that's $28M net.
- Beyonce should also make one of her performances a "last minute" PPV (after tickets sell out, of course). If just 10% of the 2.7M that attended her tour globally buy that, that's 270k purchases at $100, for $27M, of which Bey could net $21M.
Those main sources of revenue alone would gross $71M and net her $63M. For just two performances, that would net Beyonce $31.5M per performance.
In terms of gross, that's more than Dan's 3-night calculation of $45M that includes the film, which needed footage from nearly all 56 dates to really work.
On a per-performance basis, her $31.5M per date is 4X what she made on tour.
And if we get creative, some reports have Coachella at 500k attendees in 2023. If that's the case, I believe Beyonce has 3 things she could sell at a festival that can't be duplicated on tour.
#1. She can install a limited experience replete with fashion, paintings, listening rooms, old footage, AR/VR, etc. that could be an upsell on 20% of tickets @ $75. That would gross $7.5M.
#2. Bey could offer "creative" and "business" workshops, where people can train and get guidance from her "people", as well as meet Bey. This is more of a B2B thing; thus, she could sell this for $10k to just 1,000 (250 people per day). That would gross $10M.
#3. Imagine an outdoor Beyonce lounge, that can't be replicated in a stadium, for approximately 1k VIPs paying $500, for a gross of $500k.
I'd estimate those 3 things to cost no more than $3m, which gives her an upside of $15M net.
Altogether, Bey could gross $89M, while netting $78M, or $39M per night.
I'd say that's plenty of reason to explore giving a festival one more chance.
🍬 There will be no brown M&M’s in the backstage area, upon pain of forfeiture of the show, with full compensation
Article #126 (Van Halen Concert Rider)
-The "no brown M&M's" clause in Van Halen's contract is a famous example of using a seemingly trivial detail to ensure that the larger, more critical terms of the contract were read and followed precisely.
-Band rationale was that if the promoter overlooked this small detail, it might indicate neglect in other, more significant technical requirements that could compromise safety and show quality.
-In large-scale hospitality events or complex operations like resorts or arenas, introducing specific clauses in contracts can serve as a test for operational readiness.
“How you do anything is how you do everything.”
-T.Harv Eker
The events and entertainment industry continually changes. We know that first hand. This article did surprise me on the extent of the entertainment venue closures.
Over the past four years the UK has lost 37% of its clubs, which works out at about 10 clubs closing each month, according to research by the Nighttime Industries Association. Is this the beginning of the end for the nighttime entertainment industry?
https://lnkd.in/eGhGQEvC#entertainment#entertainmentindustry#events
Congratulations on an absolutely amazing event! The venue's impact on a global scale is phenomenal - congratulations!