Concert Financial News

Last year saw a boom in India's concert economy with big names such as Ed Sheeran, Coldplay, Dua Lipa Diljit Dosanjh and Maroon 5 drawing big crowds. The success of large-scale concerts highlighted India's untapped potential as a global entertainment destination. According to BookMyShow's year-end report, 30,687 live events took place in 319 cities, marking an 18% increase in consumption compared to the previous year. Zomato Live, the ticketing arm of the food delivery company, has noted that India is becoming a hotspot for international music tours due to its growing economy and enthusiastic fanbase. After Coldplay's successful tour in India, Prime Minister Narendra Modi said that India has a massive scope for live concerts. «You must have seen fabulous pictures of Coldplay concert organised in Mumbai and Ahmedabad. It shows that India has a massive scope for live concerts. Big artists from around the world are attracted towards India… I expect the state and the private sector to focus on needed infrastructure and skills,» he said. India's emerging concert economy boosts tourism and hospitality business while also generating a large number of jobs. The

Guns N' Roses will return to India after 13 years for a live concert in Mumbai. The American rock band, featuring Axl Rose (vocals, piano), Duff McKagan (bass), and Slash (lead guitar), will perform at Mahalaxmi Race Course on May 17, as part of their Asia tour. The announcement was made through their social media, where they wrote, “We’re coming to India! This is going to be special.”

The 75-year-old has been forced to reschedule a total of eight shows since needs time to recover from an undisclosed “medical condition,” Us Weekly magazine reported.

Known for timeless hits like 'Sweet Child O' Mine', 'November Rain', and 'Welcome to the Jungle', Guns N’ Roses is expected to deliver an electrifying show that promises to be an unforgettable experience for rock music lovers in India. The Guns N' Roses 2025 India Tour, presented by Kotak Mahindra Bank and produced by BookMyShow Live in association with Live Nation, is set to be one of the biggest musical events of the year. Fans eager to secure their spots can take advantage of an exclusive pre-sale for Kotak Mahindra Bank customers, starting on March 17, 2025, at 12 PM IST on BookMyShow. The general ticket sale will go live for all fans on March 19, 2025, at 4 PM IST. With anticipation running high, the band’s return to India is expected to draw a massive crowd, making the Mumbai concert a must-attend event for rock enthusiasts and loyal fans alike.

Subscribe to enjoy similar stories. India’s tourism sector has been on a recent high buoyed by three elements integral to Indian culture: religion, cricket, and music.

StubHub is reportedly planning to launch an Initial Public Offering (IPO) later this year. The ticket resale marketplace company has started early discussions with investment bankers about a potential public offering, according to a New York Times report.

The Grammy winner recently dropped her new music and debuted her latest single Love in Real Life. Now, she has announced three concerts in March to celebrate its release, USA Today reported.

Subscribe to enjoy similar stories. Indian apparel startups – the likes of Myntra, The Souled Store, and niche players – have capitalised on the cultural hype surrounding major music events this year, leading to a sharp rise in sales of artist-themed merchandise and festival fashion, several executives told Mint. The buzz around events such as Coldplay's India tour, Ed Sheeran’s concert and Diljit Dosanjh's 'Dil-Luminati' collection this year has spurred new business opportunities, shaping consumer trends and driving sales.

Blackpink is all set to embark on a world tour soon, travelling across several cities in Asia, Europe, and North America.

Kanye West is reportedly at risk of a significant financial setback following a controversial stunt he and his wife, Bianca Censori, pulled at the Grammy Awards.

The stars came out for FireAid and so did wallets — the massive benefit concert last week to raise money for those affected by the devastating LA-area wildfires is expected to raise more than $100 million

highest-attended music tour in history. Their Music of the Spheres World Tour has drawn a larger audience than Taylor Swift’s Eras Tour, which still holds the title for the highest-grossing tour, having earned a staggering $2,077,618,725 to date.

Subscribe to enjoy similar stories. It turns out I’m going to write a book! It will require years of agony, but I’ll do it. Also, I will retire at 65.

Music of the Spheres World Tour has sold over 10.3 million tickets, exceeding Swift’s 10.1 million. With eight months of touring still ahead, this number is expected to rise.

Coldplay recently concluded their performances in India, with their final concert taking place in Ahmedabad over the weekend. During the show, lead singer Chris Martin playfully claimed to be from Telangana, a remark that quickly caught the attention of actor Vijay Deverakonda.

Shashi Tharoor has called Coldplay’s recent India tour “absolutely phenomenal” and invited the British rock band to perform in Kerala, also known as God’s Own Country. Tharoor praised the band’s five-day tour across Mumbai and Ahmedabad and expressed hope that Kerala would get a chance to host their grand concerts in the future.

Coldplay's successful tour in India.

Subscribe to enjoy similar stories. Bengaluru: Recently, a marketing professional from Bengaluru was trying to buy a ticket to the Diljit Dosanjh concert. The young woman, who does not want her identity to be revealed, was eyeing a ₹3,000 ticket, but those sold out in minutes.

«Within consumption, people have slowed down on the staples kind of consumption, but they have still, at least in the last quarter, continued to do discretionary consumption,» says Rohit Agarwal, Kotak Mahindra. And today we will be talking about the consumption space because given the fact that you are seeing a slowdown in urban consumption, once upon a time you had talks about rural consumption being under pressure but now that weakness has actually creeped into the urban consumption as well and how should one actually look at the space? Rohit Agarwal: Well, as you very rightly said that maybe for the last seven to eight quarters we were talking about weakness in rural consumption, but in the last two to three quarters we have heard or seen a decisive slowdown in urban consumption.

Coldplay's frontman, Chris Martin, greeted an ecstatic crowd at Ahmedabad’s Narendra Modi Stadium as he kicked off the band's final performance in India. The evening took an emotional turn when Martin sang the patriotic anthem Vande Mataram, stirring deep pride among fans. The stadium, illuminated by thousands of flashlights, resembled a sea of stars as attendees grooved to Coldplay’s electrifying setlist. The concert, which marked the band’s farewell in India, was also streamed live on Disney+ Hotstar.