Austin's Moody Center tops Billboard chart as highest-grossing venue of its size in the world
Austin's Moody Center has done big business in its first year, putting it at the top of the charts. According to Billboard magazine's 2022 year-end box score charts, the Moody Center swept the competition on concert ticket sales and cemented its status as the highest grossing venue of its size in the world.
Moody Center’s category was 10,001 to 15,000-person capacity arenas, and the Austin venue is at the top of that range, seating “15,000-plus,” according to its website.
In 2022, the Moody Center generated $62,695,539 in ticket sales of just 36 shows measured by the Billboard stats.
Since opening in April, Moody Center has put on more than 90 total events (not all ticketed concerts), about half of which sold out. Highly publicized concerts with international superstars like Andrea Bocelli and Harry Styles’ six-night residency helped boost the venue’s performance (the latter selling more than 100,000 tickets), but other artists were no small fish. The arena has hosted country legend George Strait, classic rockers The Eagles, rapper Kendrick Lamar, rare-to-see indie greats Gorillaz, and many more across many genres.
“The high caliber of events brought to Moody Center allows us to achieve this significant recognition as the highest grossing venue worldwide” said senior vice president and general manager Jeff Nickler in a press release. “The credit truly belongs to the fans who have embraced this new arena in an unprecedented way through the purchase of tickets in record numbers."
As UT fans know, the venue is home to many other events. Texas Men’s and Women’s Basketball both play at Moody Center, and comedians and family shows pass through from time to time. Coming up in February of 2023, Cirque Du Soleil brings back an old favorite, Corteo, for a five-show residency.
“It’s no secret, Austin is well-known for its iconic live music scene, but what it didn’t have was a modern, premium venue to host the world’s biggest artists. That all changed with Moody Center,” said chairman and CEO of the Oak View Group (Moody Center’s parent group), Tim Leiweke. “On behalf of our partners, Live Nation, C3 Presents, Matthew McConaughey, and The University of Texas, we’re honored Moody Center is quickly leaving its mark on Austin and the industry, and all within seven months of opening.”
Continuing the big-name concert streak, Moody Center will soon welcome Bruce Springsteen, Journey, Blink-182, MUSE, and more. More information and tickets are available at moodycenteratx.com.