Concert residency
A concert residency[1][2][3][4][5] (also known as musical residency or simply residency) is a series of concerts, similar to a concert tour, but only performed at one location.[6][7] Pollstar Awards defined residency as a run of 10 or more shows at a single venue. With exceptions, virtual venues are included.[8] An artist who performs on a concert residency is called a resident performer.[9][10] Concert residencies have been the staple of the Las Vegas Strip for decades, pioneered by singer-pianist Liberace in the 1940s and Frank Sinatra with the Rat Pack in the 1950s.
Celine Dion's A New Day..., from 2003 to 2007, is the most successful concert residency of all time, grossing over US$385 million ($565.73 million in 2023 dollars)[11] and drawing nearly three million people to 717 shows. This commercial success was credited with changing and revitalizing Las Vegas residencies, which previously had the negative perception of something that performers resorted to when their careers were in decline. Dion is further recognized as the "Queen of Las Vegas".[12][13][14]
Venue[edit]
For decades, Las Vegas has been the central destination for concert residencies.[1] New York City has also grown as a residency destination, beginning with Billy Joel at Madison Square Garden in 2014.[29] In 2022 Harry Styles performed 15 nights at Madison Square Garden from August 20 to September 21.[30] American rock band Phish also performed a 13-show residency at the same venue, from July 21 to August 6, 2017. Bruce Springsteen held his 2017–18 residency, Springsteen on Broadway, at the Walter Kerr Theatre in New York City.[1] In August and September 2007, the O2 Arena in London held 21 Prince shows.[31] From January to March 2009, Luis Miguel played a run of 25 shows at Auditorio Nacional in Mexico City. Michael Jackson had scheduled 50 concerts in 2009 at The O2 Arena in London, but they were cancelled due to his death. Mexican rock band Maná signed a residency tour at the LA Forum in Los Angeles, CA. "Maná: LA Residencia", exclusively at the venue starting March 2022 and will continue until the end of the year or until ticket sales drop.[32][33]