Oasis reunion: It's the money, honey - Gallagher brothers will make more from tour than in entire 1990s
Oasis
Reunion announcement of Oasis, the iconic British band of the 1990s led by brothers Liam Gallagher and Noel Gallagher, set the music world ablaze this week. What may have led the brothers to reconcile after their bitter feud and go on tour after a gap of nearly two decades? Money could be one cause, as an analysis has found that the bandwill rake in more moolah than it did at the peak of its career in the '90s.
Also read: Gallagher brothers announce reunion shows for Oasis in 2025
The Guardian, citing an estimate from Birmingham City University, said the reunion tour could earn the brothers £400 million in ticket sales and add-ons. Liam and Noel will each earn £50 million.
Oasis confirmed the reunion on Tuesday (Aug 28), with tours spanning 14 days planned in Britain and Ireland, in an announcement that made their hardcore fans rejoice.
The tour,which will include a four-show run at Wembley Stadium,could be one of the most lucrative gigs ever.
After their bitter feud and split in 2009, the brothers had gone on to have solo careers.
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As per the estimate by Birmingham City University, the 14 days of concerts could make the Gallagher brothers double their net worth.
The figure of 400 million pounds is from UK and Ireland alone.
The band could tour rest of the world and earn more too, as their fan base spans continents.
“They’re considering going into Europe as well, so they stand to make even more,” The Guardian quoted Dr Matt Grimes, course director of the music business BA at Birmingham City University, as saying.
Tickets for their 1995 UK tour cost £14, which will go up 10 times this year, as per estimates.
Oasis fan base cuts across generations, as their private lives have been tabloid fodder in Britain, and nostalgia and new interest is generated through anniversary releases and documentaries about the band and the brothers.
“They were ever present in the culture. You can almost compare them to Abba or the Beatles, there’s always something happening to remind and draw in new listeners,” The Guardian quoted business writer Eamonn Forde as saying.
“They’ve never monetised that nostalgia on this scale. They’ll probably make more money from these gigs than they did in the entire 90s.”
(With inputs from agencies)
