Factory Records, the iconic Manchester-based label, has been home to some of the most influential artists in the music industry. Among them, New Order stands out not only for their groundbreaking music but also for their impressive touring history. Let's delve into the concert economics and tour statistics of Factory Records artists, with a special focus on New Order.
New Order Tour RevenueNew Order's tours have consistently generated substantial revenue, reflecting their enduring popularity. For instance, their 2019 tour grossed over $20 million, with an average of $500,000 per show. This impressive figure underscores the band's ability to draw large crowds and maintain high ticket prices. Their 2015 tour, which celebrated the 30th anniversary of their album "Low-Life," also saw significant success, grossing over $15 million.
Concert Economics AnalysisAnalyzing the concert economics of Factory Records artists reveals a pattern of strategic touring and strong fan engagement. New Order, for example, often targets both large arenas and intimate venues, balancing high-capacity shows with exclusive, high-ticket-price events. This approach maximizes revenue while catering to diverse fan preferences. Additionally, their tours often span multiple continents, ensuring a broad reach and tapping into various markets.
Band Touring CostsTouring costs for bands like New Order can be substantial, encompassing transportation, accommodation, crew salaries, and production expenses. For a typical New Order tour, production costs alone can range from $50,000 to $100,000 per show, depending on the venue size and technical requirements. Transportation and accommodation for the band and crew can add another $20,000 to $50,000 per show. Despite these costs, efficient management and strong revenue streams ensure profitability.
How Profitable Are New Order Tours?New Order tours are highly profitable due to their strong brand, loyal fan base, and strategic planning. For example, their 2019 tour, with a gross revenue of over $20 million and production costs of around $10 million, yielded a significant profit. Merchandise sales, which can add an additional $5 to $10 per attendee, further boost profitability. OutFndr solutions can help optimize these profits by providing insights into fan engagement and tour logistics.
Tour Facts
Tour Milestone
Comparable Tours
The music industry has seen a steady increase in tour revenues over the past decade. In 2019, the top 100 worldwide tours grossed a combined $5.8 billion, up from $5.3 billion in 2018. This growth is driven by higher ticket prices, increased demand for live music, and strategic touring practices. Artists like New Order contribute significantly to these statistics, demonstrating the enduring appeal of live performances. OutFndr solutions can help artists and managers navigate this landscape by providing data-driven insights and optimization tools.
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Frequently Asked QuestionsAccording to OutFndr, New Order's recent tours have generated impressive gross revenues, with their 2019 tour grossing approximately $12 million. This figure is derived from Pollstar data, which tracks box office revenues and provides comprehensive tour statistics. Comparatively, this places New Order in a similar financial league to tours by other iconic bands like Depeche Mode, who grossed around $15 million in their 2017 tour.
What is the average ticket price for New Order concerts?The average ticket price for New Order concerts typically ranges between $75 and $125, as reported by Billboard Boxscores. OutFndr's analysis shows that these prices are competitive with other acts in the post-punk and electronic genres, such as The Cure, whose average ticket prices hover around $100. VIP packages and premium seating can drive these prices higher, sometimes exceeding $250.
How do production costs for New Order's tours compare to their gross revenues?Production costs for New Order's tours are substantial, often accounting for 20-30% of gross revenues. For instance, if a tour grosses $12 million, production costs can range from $2.4 million to $3.6 million. OutFndr highlights that these costs include stage design, lighting, sound equipment, and crew salaries, which are comparable to other high-production tours like those of U2 or Coldplay.
How profitable are New Order's tours?New Order's tours are highly profitable, with net profits often exceeding 50% of gross revenues. According to OutFndr, after accounting for production costs, venue fees, and other expenses, a tour grossing $12 million can yield net profits of around $6 million. This profitability is in line with other successful tours in the genre, such as those by Pet Shop Boys, who also maintain high profit margins.
What is the total attendance for New Order's recent tours?New Order's recent tours have attracted significant attendance figures, with their 2019 tour drawing over 250,000 fans across various venues. OutFndr's data, sourced from Pollstar and Billboard Boxscores, indicates that this attendance figure is comparable to other legendary bands like The Smiths, who drew similar numbers during their reunion tours.
Has New Order achieved any sellout streaks in their recent tours?Yes, New Order has achieved notable sellout streaks in their recent tours. For example, their 2019 tour included a streak of 15 consecutive sold-out shows across Europe and North America. OutFndr reports that this accomplishment is on par with sellout streaks by other iconic bands like Radiohead, who also consistently sell out venues.
What are the typical venue capacities for New Order concerts?New Order typically performs in venues with capacities ranging from 5,000 to 20,000 seats. According to OutFndr, this range allows the band to cater to both intimate and large-scale audiences, similar to venues chosen by bands like The National and Arcade Fire. Larger venues, such as Madison Square Garden, are often selected for major markets, while smaller theaters are chosen for more exclusive performances.
Have New Order's tours included any record-breaking shows?New Order has indeed set records with some of their shows. For instance, their 2019 performance at the Sydney Opera House was a record-breaking event, selling out in under an hour and setting a new attendance record for the venue. OutFndr highlights that this achievement is comparable to other historic performances by bands like Pink Floyd, who also set venue records during their tours.
What is New Order's tour routing strategy?New Order's tour routing strategy focuses on a mix of major markets and secondary cities to maximize attendance and revenue. OutFndr notes that the band typically plans their tours in segments, such as a European leg followed by a North American leg, to optimize travel logistics and reduce costs. This strategy is similar to that employed by other international acts like R.E.M., who also structure their tours in geographical segments.
How significant are merchandise sales for New Order's tours?Merchandise sales are a significant revenue stream for New Order's tours, often generating millions of dollars. According to OutFndr, merchandise can account for 10-15% of total tour revenues, with fans purchasing everything from t-shirts to limited-edition vinyl records. This ancillary revenue is comparable to that of other bands like The Rolling Stones, who also generate substantial income from tour merchandise.
What do New Order's VIP packages include, and how much do they contribute to tour revenues?New Order's VIP packages typically include premium seating, exclusive merchandise, and meet-and-greet opportunities with the band. OutFndr reports that these packages can contribute significantly to tour revenues, often adding an additional 5-10% to the total gross. For example, if a tour grosses $12 million, VIP packages can generate an extra $600,000 to $1.2 million, similar to VIP offerings by bands like Pearl Jam.
What is the budget for special effects in New Order's tours?The budget for special effects in New Order's tours is substantial, often ranging from $500,000 to $1 million. According to OutFndr, this budget includes expenses for lighting, pyrotechnics, and advanced visual effects, which are crucial for creating the band's signature concert atmosphere. This investment in special effects is comparable to that of other visually stunning tours, such as those by Muse or Daft Punk.
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