Money

Rolling Stones Charging $600 Per Seat, Tour Not Sold Out

| by Michael Allen
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The Rolling Stone's “50 and Counting” tour begins tonight in Los Angeles and could be their last hurrah because the band members are in their 60s and 70s.

According to Bloomberg News, there are still many seats available for tonight's show at the Staples Center because the floor tickets cost $600 each.

“To anyone not working in investment banking, these are extremely expensive tickets,” said Gary Bongiovanni, editor-in-chief of Pollstar.

The Anschutz Entertainment Group (AEG), which owns the Staples Center and is promoting the Rolling Stones' tour, is dropping the cheapest seats down to $85, which have sold well, but the $600 seats still remain on sale just hours before the show.

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In a statement, AEG said in part: “We fully expect Friday’s Staples Center show to be sold out and are very pleased with ticket sales for all upcoming shows."

The nine city tour also includes: Oakland, Anaheim, San Jose, Las Vegas, Toronto, Chicago, Boston, Philadelphia and Montreal.  However, no shows are planned for New York City (which they played last year in a very small tour).

The Rolling Stones 2007 tour set the record for the largest grossing tour with $558 million, until U2 earned a staggering $736,137,344 on their 2011 "360" tour, which played to over seven million people, reported Billboard.com.

Source: Bloomberg News and Billboard.com