Sources confirm that Luis Miguel's exclusive global touring deal with Live Nation Entertainment - the first that the company has reached with a Latin artist, not including Shakira's multi-rights deal - will cover at least 100 concerts between September and next year. Luis Miguel is managed by Front Line Management, effectively placing his touring and management with the same company.
Luis Miguel's last tour, in support of his "Complices" album on Warner, grossed nearly $28 million over 57 shows reported to Billboard Boxscore, with about 351,000 tickets sold out of 454,000 available. Miguel's previous "Mexico En La Piel" tour grossed over $42 million in 73 shows between 2005-2007, with nearly 552,000 attending out of about 628,000 tickets available.
While the value of Miguel's global deal with Live Nation wasn't disclosed, the grosses don't reveal what Live Nation actually stands to make , once the artist's take is deducted and if a lot of tickets go unsold. In the U.S., some promoters have complained privately that Miguel's shows aren't profitable outside of a few markets, and that his ability to draw a significant number of stateside ticket buyers has declined.
Outside the U.S., the singer's 2006 run of 30 shows at Mexico City's Auditorio Nacional grossed nearly $19.3 million and brought in almost 268,000 people, putting it at No. 14 in Billboard's Boxscore charts for the decade. Miguel's run of 25 shows at the same venue early last year grossed $11.6 million and drew 186,000 concertgoers.