Fantastic! Coldplay's Honor for One Concert Can Pay the Salary of 15,897 Employees in Jakarta

Fantastis! Honor Coldplay Sekali Konser Bisa Bayar Gaji UMR 15.897 Karyawan di Jakarta

"Fantastic! Coldplay's Concert Can Pay the Salary of 15,897 Employees in Jakarta"

Dream - The British band concert, Coldplay, successfully left an unforgettable experience for thousands of spectators packed into the Main Stadium of Gelora Bung Karno (SUGBK) on Wednesday, November 15, 2023. Coldplay's performance in the Music of Sphere world tour series last night also became the first time held in Indonesia. The band's concert, which debuted in 1997, was highly anticipated by their fans in the homeland. It's understandable, considering Jakarta ranks first as the largest audience for Coldplay's music on the Spotify streaming platform.

Fantastic! Coldplay's Honor for One Concert Can Pay the Salary of 15,897 Employees in Jakarta

Coldplay has 48.03 million followers and 66.75 million monthly listeners. Specifically in Jakarta alone, Coldplay's song listeners reach 1.39 million listeners. This number is higher compared to Mexico, which has 1.25 million listeners.

Not only satisfying the thirst of their fans, the arrival of Coldplay can also increase the government's revenue. Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno once targeted Coldplay's concert to generate profits between US$70 million and US$75 million, or around Rp1.16 trillion (exchange rate Rp15,596 per US$).

"So, if we see a total of 80 or 60 thousand that we target for the audience, which means there are tens of thousands of tourists, then we might be able to see figures (revenue) between 70 to 75 million US dollars,"

clear Sandiaga Uno in The Weekly Brief with Sandi Uno held hybridly in Jakarta, Monday, November 13, 2023.

The following 'Bahasa' text translated to 'English' while preserving any html tags: "Concert tours have become a strategy for many artists who want to generate millions of dollars in income, Coldplay included. Coldplay is one of the most beloved rock n' roll bands of the 21st century. They have hit songs like Yellow, Viva la Vida, Paradise, and many more."

"Payment for Coldplay Concert Once"

The question is, how much does Coldplay get paid for one concert? According to Investor Times, it is estimated that Coldplay earns between US$3 (IDR 46.7 billion) to US$5 million (IDR 77.9 billion) per concert, including merchandise sales. Compared to the regional minimum wage (UMR) for workers in the capital city in 2023, which is IDR 4.9 million, Coldplay's earnings from one concert at GKB last night alone could pay the salaries of 9,531 to 15,897 workers.

In March 2023, according to Billboard, Coldplay generated more than US$65 million (Rp1 trillion) from just 11 shows.

However, the salary agreement among the members of the Coldplay band is unknown to the public, but it is highly likely that each member receives an equal share.

According to The Things, the net worth of the vocalist, Chris Martin, is more than US$155 million, while the other members range from US$70 to US$100 million. Martin's additional wealth comes from non-Coldplay songwriting projects, film appearances, and investments.

Coldplay

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