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Interesting article but the answer is simple. Its not just the money but the amount of money. The amount of money a classic rock artist makes from touring today can be greater than all the years of touring in the 70s and 80s even with inflation worked into the equation. I will use Stevie as an example. I would bet she grossed more money on the 24K Gold tour than all of her prior tours combined. I bet the ON WITH THE SHOW tour grossed more money than most Mac tours combined.
Lets look at some figures: In 1983 I saw Stevie with Joe Walsh for $12.75. They played to a 3/4 full arena (10,000) which grossed around $127,000 without T shirt sales. I bet Stevie probably made about $50,000 each night (approximately). In 1983 that was probably someone making $200,000 each night today with inflation. Artists actually made more money on album sales than touring. Touring was mostly about promoting the album. Today, rows of tickets sell for over $1000 with many tickets $200-$400 range. A sold out arena can gross 1.5 million. Stevie probably made close to a million dollars each night. Lets be conservative and say $750,000. Its so much money and money they are making in one year that would take them 20 years to make in the 80s. Its just too much damn money to pass up. |
But when you're seventy, what can you do with all of that money. You have real property and expensive assets already. In Stevie's position, I couldn't get all that excited about leaving all that money to her niece.
Now, Stevie probably feels an obligation to her solo tour crew who now make their living off of her. So, she wants Waddy and Sharon to be financially set for their retirements. Lori will be treated like family in her will, I guess. But at some point, even the lure of more money seems empty. The adulation is a different thing. I suppose the rock stars want that until they take their last breath. They like being iconic and powerful, large and in charge. |
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I do 100% understand how it would be hard to walk away though. As many here have stated, once you experience the thrill of the adulation and cheering manic crowds (and GOBS UPON GOBS OF MONEY), it would be nearly impossible to walk away. I'm amazed Christine retired for as long as she did... and also was not surprised when she came back for the same reasons. |
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The reality is she never was willing to make any sacrifices to her career that a personal life would require. She could have had children at any point; indeed she ended pregnancies rather than have kids. So I don't buy that sob story in this case as much more than a great drama. |
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So, that's when the question of why does she need so much money comes to mind. For who? Her niece and her niece only? Her parents are dead, she's not exactly in a great relationship with her brother, she doesn't speak with Robin's son. So, yeah, one wonder why she needs all that tainted money. |
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We're not killing anyone. They make the choice. They must accept responsibility for the consequences of that choice, whether they are positive (loads of money, adulation) or negative (health issues or, God forbid, death).
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