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Monday, January 29, 2024

No Doubt reuniting for 2024 Coachella + Blur and financial problems in the music industry



Source: https://www.wptv.com/no-doubt-will-reunite-after-nearly-a-decade-to-headline-coachella?fbclid=IwAR0PiqgY4sDX59G6A3noJKLNcn3vFOPFiAoC194fKG0cgMndVF2n_Aakzzo



No Doubt reuniting after ten years is really cool. What I'm sad about though is that Blur's only U.S. date is at the Coachella festival EVERY YEAR! There are other states, you know, lol... Like 49 of them, or at least play at 10 or 15 other locations in case you are not from the west coast and cannot attend Coachella. Some bands that I listen to don't tour certain countries for various reasons, which I understand. Choosing one festival every year in the same state over and over again is like, "Well..." I understand Coachella is a major three-day festival. The festival is as big as Lollapalooza in Chicago. But, when your band travels from England to Coachella, why wouldn't you want to promote your music in other cities across the country?

Is money a factor? The number of musicians who say, "People think we're rich, but we must tour for a living" will surprise you. It's not success that makes someone rich, but how much money they happen to make overtime. They must watch their spending if they aren't making enough money from touring and record sales. The following is what I copied from nickiswift.com

Ed Droste of Grizzly Bear said it best, "People probably have an inflated idea of what we make," Droste told Vulture. "Bands appear so much bigger than they really are now, because no one's buying records. But they'll go to giant shows. Droste's experience isn't unusual considering an indie band's extensive payroll — from ticket companies and venue cuts to management and agent commissions, publishers and lawyers. While he admits no one in his band is "renting private jets," he does claim they're "surviving."

Toni Braxton has earned $170 million in worldwide sales with iconic hits like "Another Sad Love Song," but she has filed for bankruptcy twice. According to the singer, she received a paltry $1,972 in royalties from her first record contract. "What happens is they give you advancement on the next record and then the next record," Braxton explained. "So you kind of stay in debt, in a sense." With her hit "He Wasn't Man Enough" and a brand new record contract, she emerged from bankruptcy in 1998. However, her success was short-lived. Only a few hundred thousand copies of her next three albums were sold. After self-financing a Las Vegas show, she was diagnosed with microvascular angina, a hereditary autoimmune disease. After doctors told her she would never perform again, she had to cancel the dates, which led to financial ruin. During her second bankruptcy in 2010, she claimed to owe $50 million.

In recent years, Braxton has made a comeback with her reality TV show Braxton Family Values. Despite chronic illness, she is performing again (albeit at a slower pace). Toni Braxton's net worth is 10 million.

Source: https://www.nickiswift.com/125033/musicians-who-are-poorer-than-you-thought/



Damon Albarn's net worth is 45 million.  Blur haven't had any financial issues that keep them from touring the U.S., so it may not be money.  Tour promoters pay bands and artists to perform if they do not self-finance a tour.  Promotors are responsible for many aspects of a concert tour, including contracting musicians to perform a series of concerts.  Rehearsals and audiovisual production are paid for.  Tour promoters also cover travel expenses.  Do tour promoters pay for a band or artist to perform if their recent shows haven't sold out?  That is the question.  Based on what I've read, Blur didn't have a good turnout at some U.S. concerts in 2015.  Thus, some believe they only perform at small venues and festivals.  The band has always sold out venues large and small.  So I understand their disappointment, and their desire to make a full tour of the States has diminished.

I don't understand why Blur would not be selling out Madison Square Garden and other venues. The art they created is something special, and their music is timeless. Anyhow, there will also be performances by Bebe Rexha, Bar Italia, The Deftones, Grimes, Sublime, Jon Batiste, Joplyn, Lana Del Rey, Orbital, Taking Back Sunday, The Last Dinner Party, and many more. If you are on the west coast, make sure you buy a ticket to Coachella and catch these incredible acts.

The full lineup: https://www.coachella.com/lineup
Tickets for all three days of the selected weekend start at $499.00.

Ticket prices can be found here: http://www.coachella.com/passes

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