The Backstreet Boys are reportedly pulling in significant revenue from their residency at the Sphere in Las Vegas, with sources estimating nightly grosses of around $4 million.
According to a report by TMZ, individuals with direct knowledge of the arrangement said the band’s shows at the 17,000-seat venue have been consistently selling out, boosted further by premium ticketing options. In addition to standard admissions, revenue is reportedly strengthened through VIP and platinum ticket sales, as well as travel packages tied to the performances.
A key factor in the group’s profitability has been limited overhead costs, the sources added. The band is understood to have invested a one-time fee of approximately $7 million to $8 million on the digital graphics and creative elements used during the residency. That upfront expenditure has already been recovered, according to the report, leaving subsequent shows to contribute more directly to profit.
Industry insiders told TMZ that performing at the Sphere can yield revenue on par with major stadium tours, without the logistical and financial challenges of travel. By remaining in Las Vegas, the Backstreet Boys avoid the extensive touring costs typically associated with large-scale live productions, which further increases their net returns.
The Las Vegas Sphere, which opened in 2023, has quickly become a lucrative performance destination, known for its high-tech visuals and immersive audience experience. U2 previously launched the venue with a high-profile residency, and the Backstreet Boys now appear to be benefiting from its growing reputation as a top-tier concert space.
While exact financial details remain undisclosed by the group, reports suggest the Backstreet Boys’ residency has become one of the most profitable engagements in Las Vegas entertainment, underscoring the continued commercial appeal of the 1990s pop icons.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ