Metallica Touring Europe For Profit

The band\'s manager says the economics of Euro tour make sense

Published 8th Dec 2011

Cliff Burnstein, who manages the metal band, told the Wall Street Journal that he wanted to take advantage of the weak Euro by playing more shows now.

He said: "I'm not an economist, but I have a degree, so it helps. You have to ask yourself, what's the best time to be doing what, when and where. Over the next few years, the dollar will be stronger and the euro weaker, and if that's the case, I want to take advantage of that by playing more of these European shows now, because they will be more profitable for us". 

He added: "We're a U.S. export the same way Coca-Cola is. We look for the best markets to go to. Right now Indonesia is on my watch list".

Meanwhile, Metallica wrapped up the second a of their San Francisco 30th Anniversary shows a couple of hours ago and once again it was a star studded affair.

Marianne Faithful, Lou Reed, John Bush and Kid Rock all joined the band onstage to perform songs, and Jason Newsted joined the band once more to play a couple of tracks.

(NME)