About This Statistic
This statistic shows the most successful music tours worldwide in 2016, based on gross revenue. Coldplay's tour generated 241 million U.S. dollars revenue, with 44 out of 60 shows played so far and more than 2.6 million tickets sold worldwide. At the top of the list was the tour of Bruce Springsteen & The E Street Band, which generated a gross revenue of 268.3 million U.S. dollars. Live Nation Entertainment is one of the leading companies in the concert/entertainment business in the United States. Their concert revenue amounted to more than 5.8 billion U.S. dollars in 2016, which constituted over 70 percent of their total revenue. Ticketing and artists management accounted for the remaining 30 percent. However, the company accrued losses anywhere between seven and 228.4 million U.S. dollars every year between 2006 and 2015. The last financial year, 2016, bucked the trend as the company reported a net income of 2.94 million U.S. dollars.