VAN HALEN To Save Concert Industry?

October 5, 2010

The Pulse of Radio reports that executives at concert giant Live Nation are looking at 2011 tours from the likes of VAN HALEN to save the live music industry, according to a report in USA Today. Live Nation executive chairman Irving Azoff told analysts on a Monday (October 4) conference call that the concert business will end 2010 with a whimper, with Azoff saying the industry is "still not seeing a consumer recovery" in ticket sales. But Azoff said he was optimistic about next year, specifically mentioning VAN HALEN and FLEETWOOD MAC as two acts that could lift ticket sales out of the doldrums.

Other potential 2011 moneymakers that Azoff mentioned included the cast of "Glee", AVRIL LAVIGNE and CHRISTINA AGUILERA. The latter canceled a tour this past summer because of poor sales.

Other acts that saw a dip in ticket sales this year included the JONAS BROTHERS, AEROSMITH, GOO GOO DOLLS, THE EAGLES and others.

Azoff also said that Live Nation hopes to earn money by selling more items like CDs, DVDs of that night's concert, T-shirts, posters and other memorabilia.

VAN HALEN's 2008 reunion tour with original singer David Lee Roth grossed more than $93 million and drew nearly one million fans to 74 shows.

Recent rumors have indicated that a new VAN HALEN album is in the works for a 2011 release. The new album would be the first with Roth on the mic since 1983 and first full studio effort since 1998's "Van Halen III".

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