Let's stop with the name calling and snipes already! And the big fonts don't help either.

U2 will make money in 2010 as projected and they are a business. What they're making from ticket sales vs. the costs is not just "strictly business" however, and I agree that its both trying to stretch the boundaries of their show and staging elements as well as satisfy both casual and longtime fans. If it were strictly business, they'd keep a more keen eye on the margins and bottom line to profit more, and have more of a stripped down show, even if performing in stadiums. The pricing is for fans and also given the recession, with lower prices up to high for those who can afford it. One thing mentioned previously by a poster is that they will make money on merch which is not included in these figures discussed. The sales for merch may be down from indications and a recessionary standpoint but I'm sure that it will add to the profits in 2010.
Where are these profit projections of which you speak?
Nothing official silvrlvr - just calculations taken from articles and posted on the first page of this thread. I'm not sure about markreed's calculations for 2010 profits of $2M / night but they will make money in the end with both tix and merch.
well, $300 million minus operating costs. then again, I don't think the merch $$$ are counted in that $300 million, just ticket sales.
#@!
good point...
still though, if they can sell 300 million worth of tickets for the second half, they still will be getting a lot
That'd be gross profit less operating costs as noted - the $750K (daily?) costs of the each show.
12 concerts in the 3rd leg X 750 = 12.75M in operating costs = 17.25M net profit before taxes.
Divided by 5 = $3.45 MIL each net profits BEFORE Corporate and/or Personal TAX)
That's alot for any one of us but definitely a pittance compared to what the tour is costing them to deliver it.
I'd think the merch is not included also - but they're not selling out by any means, seeing past leg merch is on Fanfire at discount.