Thursday, December 6, 2018

Is the Clinton stadium tour going to be cancelled? - Thomas Lifson

by Thomas Lifson

How much money is the publicly-owned, NewYork Stock Exchange-listed concert promoter willing to lose?

So far, half of the events scheduled for the stadium tour of Bill and Hillary Clinton have been cancelled. Even worse, both of the two out of four events cancelled were in the United States, and the two conversations delivered to audiences were both in Canada.

Advance ticket sales for last night’s scheduled event in Sugarland, Texas, a suburb of Houston, were so dismal that prices were slashed by 90% for the cheapest seats. But even that level of discounting apparently didn’t prevent another prospective sea of empty seats, such as the 83% empty arena in Toronto that had to be humiliating for fading former first family. 

Toronto 83% empty
Screen grab Daily Mail video.

The Sugarland gig last night was canceled, but has been face-savingly described as, “postponed… in order to attend funeral services for former President George H.W. Bush.”

I call BS. This claim doesn’t withstand minimal scrutiny. The state funeral honoring the forty-first president is taking place today, and it takes less than 3 hours to fly from Houston to Washington, DC. I strongly suspect that the Clintons’ contract with Live Nation, the sponsor of the tour, does not have them flying commercial airlines, so a post-presentation departure from the very nice executive terminal at Sugarland Airport (I’ve been there – it’s a busy hub for corporate jets) into Reagan National Airport could have gotten them a full night’s sleep before attending the state funeral today.

So, with all of the American sites so far canceled (the kickoff presentation in Las Vegas was canceled without explanation, it seem quite possible that the entire tour will be deep-sixed, a mercy killing, if you will.

Here is the original list of planned dates:
Hillary and Bill Clinton 2018-2019 Tour: Dates, Tickets
Nov. 18 - Las Vegas - Park Theater
Nov. 27 - Toronto - Scotiabank Arena
Nov. 28 - Montreal - Bell Centre
Dec. 4 - Sugar Land, Texas - Smart Financial Center
April 11, 2019 - New York - Beacon Theatre
April 12, 2019 - Detroit - Fox Theatre
April 13, 2019 - Philadelphia - The Met
April 26, 2019 - Wallingford, Conn. - Toyota Oakdale Theatre
April 27, 2019 - Washington, D.C. - DAR Constitutional Hall
April 30, 2019 - Boston - Opera House
May 2, 2019 - Vancouver, B.C. - Pepsi Live at Rogers Arena
May 3, 2019 - Seattle - WaMu Theater
May 4, 2019 - Los Angeles - The Forum
The contract between the Clintons and the tour promoter Live Nation, a publicly owned New York Stock Exchange-listed company with over ten billion dollars a year in sales, is confidential, so I don’t know if the Clintons have a guaranteed minimum compensation. But it is a pretty safe guess that poor attendance and deep discounts for ticket prices mean that the tour is losing money for Live Nation with each poorly attended show. It is not cheap to rent stadiums, hire staff, provide security, and charter jets for the Clintons.

How much money would a publicly-owned company be willing to lose in order to save face for the Cintons, nowthat they are unlikely ever to regain use of the Oval Office? 

Maybe the evening with the Clintons slated for the Beacon Theatre, a smaller venue right on the Upper West Side of Manhattan, will survive. But I will be watching for further cancellations. There are five while months until the next scheduled appearance on the tour. If I wanted to save face, I’d bury the news of the cancellation around the Christmas holiday 

Thomas Lifson


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