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Oasis reunion tour might cost a total of £1 billion
Oasis reunion tour might cost a total of £1 billion

Express Tribune

time22-05-2025

  • Entertainment
  • Express Tribune

Oasis reunion tour might cost a total of £1 billion

Oasis fans attending the band's upcoming UK reunion concerts could spend more than £1 billion ($1.3 billion) combined on tickets and outgoings such as transportation and accommodation, Barclays bank estimated Wednesday. The study found each fan would spend an average of around £766 to attend one of the British rock group's 17 sold-out UK concerts this summer. The total outlay, which Barclays estimates to be nearly £1.06 billion, also takes into account purchases of new outfits, merchandise, food and drink. "The experience economy is no longer a trend, it's a fundamental shift in how consumers determine their financial priorities," said Rich Robinson, the British bank's head of hospitality and leisure. A chaotic scramble for the prized tickets followed the announcement in August that brothers Noel and Liam Gallagher had ended their infamous 15-year feud and were reuniting for a worldwide tour. Oasis - whose hits include Wonderwall, Don't Look Back In Anger and Champagne Supernova - kick off the reunion tour on July 4 in Cardiff before playing in their home city, Manchester, the following week. Almost 1.4 million people combined are expected to attend the UK concerts. Other venues include Buenos Aires, Chicago, London, Sydney, Tokyo and Toronto. British bank Lloyds last month reported that fans had collectively lost more than £2 million from UK ticket scams, mostly on Facebook. Britain's competition watchdog has meanwhile said Oasis fans may have been tricked into buying "platinum" seats that offered no additional advantage during the much-criticised ticket sale. The Competition and Markets Authority launched an investigation into agent Ticketmaster following widespread public anger over the exorbitant cost of some tickets. Ticketmaster sold more than 900,000 tickets for the gigs.

Oasis fans could spend £1 bn on UK concerts: study
Oasis fans could spend £1 bn on UK concerts: study

Yahoo

time21-05-2025

  • Entertainment
  • Yahoo

Oasis fans could spend £1 bn on UK concerts: study

Oasis fans attending the band's upcoming UK reunion concerts could spend more than £1 billion ($1.3 billion) combined on tickets and outgoings such as transportation and accommodation, Barclays bank estimated Wednesday. The study found each fan would spend an average of around £766 to attend one of the British rock group's 17 sold-out UK concerts this summer. The total outlay, which Barclays estimates to be nearly £1.06 billion, also takes into account purchases of new outfits, merchandise, food and drink. "The experience economy is no longer a trend, it's a fundamental shift in how consumers determine their financial priorities," said Rich Robinson, the British bank's head of hospitality and leisure. A chaotic scramble for the prized tickets followed the announcement in August that brothers Noel and Liam Gallagher had ended their infamous 15-year feud and were reuniting for a worldwide tour. Oasis -- whose hits include "Wonderwall", "Don't Look Back In Anger" and "Champagne Supernova" -- kick off the reunion tour on July 4 in Cardiff before playing in their home city, Manchester, the following week. Almost 1.4 million people combined are expected to attend the UK concerts. Other venues include Buenos Aires, Chicago, London, Sydney, Tokyo and Toronto. British bank Lloyds last month reported that fans had collectively lost more than £2 million from UK ticket scams, mostly on Facebook. Britain's competition watchdog has meanwhile said Oasis fans may have been tricked into buying "platinum" seats that offered no additional advantage during the much-criticised ticket sale. The Competition and Markets Authority launched an investigation into agent Ticketmaster following widespread public anger over the exorbitant cost of some tickets. Ticketmaster sold more than 900,000 tickets for the gigs. bcp/jkb/rmb

Oasis fans could spend £1 bn on UK concerts: study
Oasis fans could spend £1 bn on UK concerts: study

France 24

time20-05-2025

  • Entertainment
  • France 24

Oasis fans could spend £1 bn on UK concerts: study

The study found each fan would spend an average of around £766 to attend one of the British rock group's 17 sold-out UK concerts this summer. The total outlay, which Barclays estimates to be nearly £1.06 billion, also takes into account purchases of new outfits, merchandise, food and drink. "The experience economy is no longer a trend, it's a fundamental shift in how consumers determine their financial priorities," said Rich Robinson, the British bank's head of hospitality and leisure. A chaotic scramble for the prized tickets followed the announcement in August that brothers Noel and Liam Gallagher had ended their infamous 15-year feud and were reuniting for a worldwide tour. Oasis -- whose hits include "Wonderwall", "Don't Look Back In Anger" and "Champagne Supernova" -- kick off the reunion tour on July 4 in Cardiff before playing in their home city, Manchester, the following week. Almost 1.4 million people combined are expected to attend the UK concerts. Other venues include Buenos Aires, Chicago, London, Sydney, Tokyo and Toronto. British bank Lloyds last month reported that fans had collectively lost more than £2 million from UK ticket scams, mostly on Facebook. Britain's competition watchdog has meanwhile said Oasis fans may have been tricked into buying "platinum" seats that offered no additional advantage during the much-criticised ticket sale. The Competition and Markets Authority launched an investigation into agent Ticketmaster following widespread public anger over the exorbitant cost of some tickets.

Six in 10 people will spend on ‘bucket list' dream activities in 2025
Six in 10 people will spend on ‘bucket list' dream activities in 2025

The Independent

time30-03-2025

  • Business
  • The Independent

Six in 10 people will spend on ‘bucket list' dream activities in 2025

Nearly two-thirds (65%) of Gen Z adults aged 18 to 28 plan to spend more on experiences this year, a survey has found. Across all age groups, nearly half (48%) of people plan to spend more on experiences in 2025 than they did last year, according to the research for Mastercard. Travel and tourism, foodie experiences, heritage, arts and theatre, films, live music and family occasions are among the most popular experiences people plan to spend on in 2025, the survey indicated. Six in 10 (61%) of people across the survey are planning to tick a 'bucket list' dream experience off the list this year, rising to 83% of Gen Zs and three-quarters (75%) of Millennials (aged 29 to 44). Nearly one in five (18%) people plan to tick off two dream experiences in 2025. Beatrice Cornacchia, executive vice president of marketing and communications for Asia Pacific, Middle East & Africa, Europe at Mastercard, said: 'We're seeing a shift in consumer priorities this year with people making savings in everyday spending to afford bucket list experiences they've always dreamed of.' The research also indicated significant numbers of people are cutting back on luxury treats (36%), dining out (36%) and coffee and takeaway habits (35%) in order to spend more on memories and experiences. Most (75%) people said they check experiences offer the best value when compared with others and fit into their budget and savings goals (78%). Around 1,000 people were surveyed across the UK by Dynata in February for Mastercard's research. Barclays said last week that cinema spending among UK consumers had jumped by 25.9% between November 2024 and February 2025, compared with a year earlier. Rich Robinson, head of hospitality and leisure at Barclays, said last week: ' Competition for consumer leisure time has never been fiercer. Cinemas are adapting by making the experience of going to see a film more enjoyable, such as by installing sofas and reclining seats, and improving food and drinks menus – even offering in-seat service.'

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