At 50, Rolling Stones Tour Again

by Nate Wooley | October 16, 2012 11:47 am

The Rolling Stones are heading out again. The band is hitting its 50th anniversary, and the road is beckoning.

As a celebration of five decades of performing, the Stones are going out on a short tour, reports Variety[1]. Called “One More Shot,” it will have four dates — two in London and two in New Jersey (nearby to New York City). The final U.S. show will be produced by World Wrestling Entertainment (NYSE:WWE) [2]and will be offered via pay-per-view TV.

WWE has been working to convert its track record in live pay-per-view into higher revenues. In April, its first Wrestlemania event earned $67 million. The Rolling Stones event is one of the first announced for WWE’s new effort.

The new tour is also seeing Virgin Media (NASDAQ:VMED[3]) enter the concert promotional market, with the company creating Virgin Live in partnership with Dainty Group.

In addition to the tour, the Stones will release a new greatest hits collection, GRRR! which will feature two new songs.

More from the music scene:

Endnotes:
  1. reports Variety: http://www.variety.com/article/VR1118060772
  2. WWE) : http://studio-5.financialcontent.com/investplace/quote?Symbol=WWE
  3. VMED: http://studio-5.financialcontent.com/investplace/quote?Symbol=VMED
  4. Lookout iTunes,Spotify!  Here Comes Microsoft: http://investorplace.com/2012/10/look-out-itunes-spotify-here-comes-microsoft/
  5. Spotify Headed to Web, No Price Cuts: http://investorplace.com/2012/09/spotify-headed-to-web-no-price-cuts/
  6. Pandora Turns Up the Volume: http://investorplace.com/ipo-playbook/pandora-turns-up-the-volume/

Source URL: http://investorplace.com/2012/10/at-50-rolling-stones-tour-again/
Short URL: http://investorplace.com/?p=245161

Copyright ©2013 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.