Coldplay Tours Revenue Guide: How Much Does Coldplay Make From Coldplay Concerts?

Love them or hate them, there’s no denying the British rock band Coldplay’s popularity, success and longevity.

At the risk of revealing my age, I first listened to their music when I was a teenager on their 2005 studio album X&Y with hits like Fix You, Speed of Sound and the title track X&Y.

This was just the band’s third studio album that catapulted them into the mainstream eight years after the band was formed in 1997.

But testament to their staying power is that 26 years later, the band is still incredibly popular with millennials and even Generation Z as their songs Yellow, Hymn for the Weekend and Sparks have gone quite viral on Tiktok.

So when the band announced that they were coming to Singapore for their Music of the Spheres tour, 200,000 eager fans snapped up their tickets during the presale on Monday (19 June), breaking the record for the most number of tickets sold in Singapore for a day!

As someone who writes for Seedly, I can’t help but wonder how much bands like Coldplay earn from concerts like this.

Let’s find out.

TL;DR: How Much Do Coldplay Make From Coldplay Concerts?

Coldplay Tour Revenue

The British band have been touring since the year 2000, with eight concert tours across Asia, Europe, North America and Oceania., generating about S$2.0B (US$1.5B) in revenue.

Why Are Coldplay So Popular

You can track their longevity and success down to a few reasons.

1) Mainstream Shift

The Coldplay of today no longer create rock music, resulting in their songs adopting a more mainstream style. As the popularity of alternative music declined in the late 2000s, they adjusted to the changing trends by emphasizing less distorted and more accessible lyrics. They incorporated synthesizers and innovative production methods, approaching a sound resembling Electronic Dance Music (EDM).

2) Building on Their Success at Coldplay Concert Venues

Coldplay capitalised on their initial immense success through various strategic means. The band embarked on multiple record-breaking tours, actively promoting themselves in Asia and the Middle East regions often overlooked by artists who go on global tours.

Not to mention that they have expressed their stance on significant but relatively non-controversial political issues such as opposition to the Bush administration, Brexit, and their support for environmental causes. They generously donated 10 per cent of their substantial profits to charitable organisations and endorsed numerous human rights groups like Amnesty International and Global Citizen. These endeavours hold considerable significance as they likely garnered substantial goodwill not only from their fans, activists, and critics but also from advertisers and fellow artists who recognize the profitability of engaging with such a demographic.

Basically, they are the chicken soup of artists: tasty/popular, easy to stomach and good for the soul.

On a more personal note, it would be easier to tell your colleagues that you are going to a Coldplay concert compared to a Watain one:

‘Affordable’ Coldplay Ticket Prices

That’s not all.

Coldplay has taken a contrasting approach as the costs of daily necessities continue to surge. On their latest Music of the Spheres tour, the band offers tickets at an average price of ~S$104.60 (US$77.80), at least 25 per cent lower than every other artist in the Boxscore top 10 in 2022, with none of the other performers having ticket prices that average below S$134.42 (US$100).

Surprisingly, the average ticket price for Coldplay is less than half of what it costs to attend a Bad Bunny concert, even though he was the highest-grossing performer on tour last year. Furthermore, Coldplay’s ticket prices are even more affordable than what they charged five or six years ago.

Do Music Acts Like Coldplay Deserve to Be Earning So Much?

Even though Coldplay’s tickets are relatively affordable and the band is involved in philanthropy, there is the often-stated issue of whether superstar musicians should be paid more than essential workers like social workers, teachers, medical professionals, and other frontline employees.

From an economic perspective, the market’s demand for a musician’s products determines their income. The market provides more money for these musicians if consumers are ready to spend a lot of money on concert tickets, streaming, and merchandising. Musicians frequently make a sizable income in the entertainment sector from various sources, including concerts, sponsorship deals, and record sales.

On the other hand, by educating, caring for, and protecting people, social workers, teachers, healthcare professionals, and frontline workers perform essential societal responsibilities. Their work directly affects people’s well-being and community development. Despite the significance of their contributions, these professions frequently experience financial difficulties and may not be compensated fairly.

As such, many contend that society should give more equitable compensation to individuals who deliver necessary services, such as healthcare and education. After all, these people are essential to developing a thriving society. More funding for these industries can help them draw and keep brilliant workers and guarantee the best outcomes for society as a whole.

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