U2’s Vegas Residency Shatters Box Office Records

U2’s Residency at MSG Sphere Sets Record for Fastest-Grossing Vegas Residency Ever

U2’s residency at the MSG Sphere has made history by becoming the fastest-grossing Vegas residency ever, generating nearly $110 million in ticket sales, according to reports by Billboard. The Irish band’s initial run of shows at the globular venue also sold 281,000 tickets, averaging the gross and attendance figures out to $6.5 million and 16,500 tickets per show.

The only Vegas residencies that have grossed more so far than “U2: UV Achtung Baby Live” had to run for much longer to do so. Elton John’s “The Million Dollar Piano” earned $131.2 million over 189 shows from 2011-18, and Celine Dion’s “A New Day” earned $385.1 million over 714 shows from 2003-07, according to Billboard.

The average price of U2’s show was also a record-breaker. While modern Las Vegas residencies tend to charge more due to the A-list acts they now feature in smaller theaters, the average ticket price for “U2: UV Achtung Baby Live” was a much higher $390.97, even though crowds had to see them in a full-sized arena.

This success is not only good news for the Sphere and its CEO, James Dolan, but also for U2. According to reports, the band was paid 90% of the earnings from ticket sales to be the Sphere’s guinea pigs, an unheard-of percentage, in addition to $10 million upfront to produce its own stage show for the groundbreaking venue.

As a result of this success, other acts are now expected to demand similar numbers for their residencies at the Sphere. However, despite mentions of Harry Styles, Beyoncé, Lady Gaga, and Bon Jovi, none have committed to a Sphere residency yet.

U2 is scheduled to play eight more Sphere shows in December, starting on Friday night, and 11 more dates are lined up between January 26 and February 18. This could potentially bring in another $120 million for the Sphere, pushing the residency to $330 million in ticket sales, just behind Dion, but in fewer than five months instead of over four years.