[News]Upcoming YG Family Japanese concert tour estimated to bring in over $26 million USD
YG Entertainment will most likely rake in a revenue of over $26,000,000 USD after performing in two cities in Japan.
The artists of YG Entertainment are currently in preparations of the Japanese portion of their ‘YG 15th Anniversary Family Concert‘ tour, and they will be performing in front of 80,000 fans over the course of two shows (7th & 8th) at the Kyocera Dome in Osaka, as well as 80,000 more fans at the Super Arena in Saitama.
Each ticket sold for over $160, and ticket sales from their Japanese shows alone will most likely be over $26,000,000. This of course, doesn’t include the revenue they will also bring in from the concert merchandise.
This is the result of building YG awareness in Japan for the past 7 years, beginning with singer Se7en‘s Japanese debut in 2005. This is the first time in six years YG is putting on a family concert in Japan. The last was held back in August of 2006, when they sold out both performances in Tokyo and Osaka.
This family concert tour is especially meaningful, as it is the first after the establishment of ‘YGEX‘ in conjunction with Japanese record label AVEX. And although it is the first family concert in six years, it was obvious that the fans’ love and support for the YG Entertainment has only grown since.
Ahead of their Japanese performances, the YG artists completed their national shows at Olympic Stadium in Seoul with performances by Jinusean, Gummy, Big Bang, Se7en, 2NE1, as well as the newer family members Psy and Tablo. The performances were met with an explosive reaction from fans.
The YG artists wrapped up their rehearsals on the 2nd, and will be heading over to Japan.
Source & Image: OSEN via Nate