

Whatever these are, they are likely to continue. I think the accomplishment is more important than the title.” It’s a matter of verbiage and perception. People do four nights and they can call it a residency. “The word residency is kind of undefinable,” Arfa said. Do 15 shows over a few weeks count as a “residency” compared to 86, or to 1,100? If not, then what is it? Joel has said he would continue the engagement “as long as the demand continues,” and there is no sign of that letting up.įor Arfa, the scale of engagements like Joel’s and Dion’s raises a question of nomenclature. “It’s basically the Super Bowl of music events,” said Dennis Arfa, Joel’s longtime booking agent. If the rest of his concerts there this year sell out - a fair bet, since every other night of the residency has - the cumulative gross will be around $200 million. Through his June show, the Garden residency has sold about $180 million in tickets. Dion’s engagements, as well as two by Elton John, recalibrated the industry’s approach to Las Vegas, and were followed by residencies there with Garth Brooks, Britney Spears, Jennifer Lopez, Lady Gaga, Drake and many others. It was like, ‘Come die with us.’”īut Dion’s two residencies sold about $660 million in tickets to more than 1,100 shows, according to Pollstar. “At the time, Vegas was like the end of your career. “It was a very big risk at the time - everybody thought we were fools,” said John Meglen of Concerts West, Dion’s promoter, which is part of the AEG Live empire. The origins of the contemporary concert residency go back to Celine Dion’s decision to set up in Las Vegas in 2003, a time when that city was still seen as a pasture for fading acts.
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“After everything that’s happened over the last few years,” Olvera added, “the residency is more than a series of concerts for us - it’s a celebration of life.” “We thought doing a whole tour would be really challenging, maybe impossible, given all the variables.” “We just wanted to get out and play, to be with our fans,” said Fher Olvera, Maná’s lead singer. (Styles and his representatives declined to comment for this article.) In one recent Instagram post from a tour stop in Germany, Styles showed himself collapsed in an ice bath. A residency plan can limit the risk of exposure, and also give an artist a temporary break from the rigors of the road. On the road, and in venues packed with unmasked fans, the threat of Covid-19 still lingers, leading to occasional postponements and cancellations. Still, the tightening of the wider economy has many in the industry worried about the rest of the year.
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Live Nation, the global concert giant that owns Ticketmaster, recently reported that the company had already sold 100 million tickets for the full year, more than in 2019.

According to Pollstar, a trade publication that follows the concert industry, gross ticket sales for the top 100 tours in North America reached $1.7 billion for the first six months of 2022, up 9 percent from the same period in 2019. For artists and venues, touring has had a much-needed return to full capacity this year.
