ikon concert revenue

It was the first time iKON had been on stage for completely surrounded by their own fans. They even set a record for being the fastest foreign act to be offered a Dome venue for their concerts in Japan since their debut (only 9 months had passed since iKON's Japanese debut). Ticketmaster’s high-margin business had 15% growth in operating income and 11% growth in AOI on only a 1% gain in revenue. This tour spanned May 20, 2017 to November 12, 2017. Many people would have watched on the V app live as well, but the professional filming doesn’t always capture what it feels like to be actually at the concert. He's the main producer and leader of iKON and participated in composing the group's many hit songs including 'Love Scenario', 'My Type', and 'Rhythm Ta.'

13,000 fans attended iKON's debut concert. The tour has a DVD iKON Japan Tour 2016 that is available for purchase. Starting in August 18, 2018 and currently scheduled until November 25, 2018 the Continue Tour is iKON's first ever 'world tour.' 2) 2019 revenue grew 7% to $11.5 billion and adjusted operating income jumped 14% to $942.5 million. The concert's taking place at the largest concert hall in Korea was unprecedented for a new K-pop group. The flywheel requires innovation. But there has been a “minimal” impact from the cancellation of 17 shows in China with 75,000 attendance, said president Joe Berchtold. Mostly Me', Coronavirus Fears Hit Music and Entertainment Stocks, How Live Nation Reached A Settlement With The DOJ In The Consent Decree Investigation, 2020 Streamy Awards: Justin Bieber, Rihanna & More Snag Nominations| Billboard News. 1 spot as they're growing rapidly but iKON remains YG's main supporting artist since BIGBANG's enlistment.Member B.I (Kim Han Bin) is also a main source of revenue for the label. YG iKON Wiki is a FANDOM Music Community.
The biggest source of revenue for most entertainment agencies is concert attendance and with B.I's leave from iKON, YG's concert revenues are expected to take a hit. ButB.I's withdrawal will greatly affect YG's major revenue sources as he was a key member of iKON. On Thursday, the Dow Jones stock index fell a record 1,190 points, more than 4%, on top of losses Monday through Wednesday. To date iKON has had 5 concert tours and one fanmeet tour. Asia represents 0.01% of the company’s business, even with recent expansions into Taiwan and Singapore, CEO Michael Rapino said during Thursday’s earnings call.

This year, BLACKPINK will likely take the No. ", Wow, i just know from this that ikon is no 1 source income from yg, i thought it was winner or blackpink. The special guest this tour was Song Mino from WINNER, who performed his solo song 'Body' as well as the two collab songs with Bobby from their MOBB album. On October 3, 2015 iKON made their emotional debut on stage. Fears of the coronavirus’s spread outside … The Sponsorships and Advertising unit grew revenue 17% to $59.3 million and AOI 16% to $366.1 million. Live Nation’s high-margin divisions had strong growth, too. iKON's touring has been a huge revenue for the company, securing their position as a key money maker for YG Entertainment. iKON's brother group, WINNER, also can't rule out the possibility that Lee Seung-hoon may have a setback in activities due to his involvement in concealing B.I's drug scandal.Considering that YG has been a one-man centered system where main producer Yang Hyun Suk directly decided content production, including finding/nurturing trainees, and music video production, his resignation could destabilize the company's overall operations for a while. But with events on five continents, 4,700 of them amphitheater, arena and stadium shows, Live Nation isn’t concerned. Ikon must be doing really good with their concert then, everyone is fogetting that Hanbin also took part in writing "whistle" "empty" "born hater" "no one" "1,2 " most of the big hits of ikon's YG doesnt just need him for IKON's success he needs him for all of the other's career let's be honest Teddy aint gonna be there forever. There was such a positive feeling everywhere and it was an […]

They insisted the financial damage would be limited. According to Nikkei Entertainment's rankings, iKON mobilized over 227,000 last year, ranking 5th among K-POP artists and No. That said, Live Nation expects “further areas of breakout” and some shows “canceled here and there” in hot spots. Fans question DC Inside post calling for Irene to leave Red Velvet, Cosmetics stores remove 'Clinique' advertisements featuring Red Velvet's Irene after attitude controversy, Editor who exposed Red Velvet Irene's self-admitted rude behavior makes new statement, Korean netizens rage over Chinese K-Pop idols celebrating China's military involvement in the Korean War, Red Velvet's Irene admits she's the idol star in editor's controversial post, BTS' "Boy With Luv" becomes the group's 2nd M/V to hit 1 billion views on YouTube, ENHYPEN reveals another cinematic debut trailer titled 'Dusk-Dawn', Kim Jaejoong surprises fans with new OST, posts updates about new photoshoot and invites to online dinner, JBJ95 teases their comeback with lyric posters for 'Jasmin', DRIPPIN drops album preview and tracklist for their debut mini-album 'Boyager', TWICE reveals highlight medley of their 2nd full album "Eyes Wide Open", This Artist Transformed BTS Members Into Iconic Disney Characters And The Results Are Jaw-Dropping, Park Yu Chun to appear in L’Officiel Hommes Magazine music issue with interview and fashion set. In other words, the stock almost recovered from the fall on the same day. Live Nation posted big gains in 2019 that show the live music marketplace was alive and well -- that is, before the coronavirus spread outside of China and led to huge losses on Wall Street. The special stages that spanned the whole tour were Jinhwan's solo stage 'Me Gustas Tu' by GFriend, as well as two ot7 cover song stages: Bang Bang Bang by Big Bang and 'Up and Down' by EXID.

“We’re headed for a record 2020,” stated Rapino. They sang songs from their previous survival shows, notably 'Climax' from WIN, where B.I. On top of this, the National Tax Service [NTS] special tax probe into YG and the police's investigation into Yang Hyun Suk and B.I, it's like we'll have to wait and see if YG's stock price will recover.Researcher Yoo Seong-man stated, "Seungri had no performances scheduled this year as he planned to enlist. Acquisitions help the flywheel, too, and Live Nation consistently acquires ticketing companies around the world. But not to worry, explained Rapino and Berchtold.

As long as uncertainties of the tax audit remain, investors have to maintain a cautious approach until this situation is concluded. Fans’ on-site spending is also on the flywheel. “We don’t pay the artist until the show,” said Rapino. Many are paying attention to whether YG shares, which have been on the decline since "Seungri gate", will set the stage for a rebound after Yang Hyun Suk, YG's chief producer resigned.According to the Korea Exchange, YG shares that saw a 5.60% drop after iKON B.I's withdrawal and rebounded 5.42% at one point in after-hours trading on Friday.

Currently there is 11 dates and 13 concerts scheduled and already 190,000 fans have attended. iKON's touring has been a huge revenue for the company, securing their position as a key money maker for YG Entertainment. Live Nation’s business model starts with concerts and continues with tangential and ancillary businesses: ticketing, sponsorships and advertising, and hospitality. All rights reserved.Billboard is part of MRC Media and Info, a division of MRC. "Some analysts, however, are warning that YG's corporate fundamentals may have been affected this time compared to "Seungri-gate" previously.

In other words, excluding a harmful pandemic, Live Nation is booking more artists in more venues and expects to have a fantastic year. Revenues from iKON concerts accounted for 53% of YG's concert revenues. Seemingly unphased by the international panic, Live Nation believes its geographic diversity protects it from any further spread of the coronavirus. If health concerns escalate, concerts might be outright canceled.
To date iKON has had 5 concert tours and one fanmeet tour. iKon's Debut Half Album was released digitally on October 1. The DVD peaked at #1 on the Oricon DVD Chart. Vocal line performed Christmas carols arranged by DK, and Bobby performed songs from his solo album, 'Swim' and 'Secret' with Katie Kim and DK. The Seoul shows had two special guests: Lee Hi and Lee Suhyun from AKMU, Bobby performed 'I'm Different' with Hi Suhyun as a special stage. The biggest source of revenue for most entertainment agencies is concert attendance and with B.I's leave from iKON, YG's concert revenues are expected to take a hit. Live Nation shares fell 22.2% this week, mirroring losses in the share prices of airline and cruise ship companies. © 2020 Billboard.

The concept of the tour is 'A Road with No End' which references iKON's wishes for their future, calling on the familiar references to 'walk the flower path' with their fans since debut.

A daily briefing on what matters in the music industry, Red Velvet's Irene Apologizes After Verbally Attacking Fashion Editor | Billboard News, Aaliyah Book 'Baby Girl: Better Known As Aaliyah' Dropping Next Year | Billboard News, Kanye West's Epic Interview With Joe Rogan Has Arrived: Watch it Here, Hilary Duff Is Pregnant With Her Third Child: 'We are growing! There are also two DVDs for purchase; 2015-2016 iKoncert 'Showtime' in Seoul Live DVD and iKoncert 2016 Showtime Tour in Japan. “We won’t net lose the business,” he said. Only 17 shows in China have been canceled to date. According to the Centers for Disease Control and Prevention, the coronavirus is “likely” to cause a pandemic that would spread into the United States. They even set a record for being the fastest foreign act to be offered a Dome venue for their concerts in Japan since their debut (only 9 months had passed since iKON's Japanese debut). This tour was from January 30, 2016 to September 3, 2016 and had 28 concerts over 22 days. The guidance for 2020 is typically guarded.

Concert growth fuels the momentum of other segments. The group held their first concert, Showtime, on October 3 at the Seoul Olympic Gymnastics Arena. After the initial two concerts, 22 more shows were added making it the longest Japan tour iKON has done to date (at 24 shows over 15 dates). Two DVDs of the tour are available for purchase; iKON Japan Dome Tour 2017 and iKON Japan Dome Tour 2017 Additional Dates. https://yg-ikon.fandom.com/wiki/Concerts?oldid=343. (The company’s AOI starts with operating income -- revenue minus the costs associated with that revenue -- and adds back one-time expenses not related to day-to-day operations.). The tour took them to 8 countries and had over 195,500 fans attend.

There are vlogs on youtube 'Showtime Days' that show behind the scenes recaps.

This tour has seen three album releases, making it the most diverse musically that the group has ever done.

To conceptualize its business model, Live Nation talks of its “flywheel,” an interconnected company with “no one killer innovation, no solitary lucky break, no miracle moment,” writes Jim Collins in his seminal book Good to Great: Why Some Companies Make the Leap...and Others Don’t. 2) 2019 revenue grew 7% to $11.5 billion and adjusted operating income jumped 14% to $942.5 million.

The tour was originally only spanning 5 cities and 14 concerts, but due to demand was extended. Once people are fearful enough not to gather in public places like music venues, promoters will have to postpone or reroute tours.

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