Oasis brothers Liam and Noel Gallagher have signed yet another big-money deal, as they plot to make millions out of a film of their upcoming reunion tour.
The brothers, whose world tour starts this summer, registered Uprise North Limited last month with just themselves as directors.
Papers filed to Companies House just a few days ago state the business to be ‘Motion Picture Production Activities’.
Rumours swirled when the pair first announced their reunion tour last autumn, that a streaming giant had made a substantial offer to make a documentary about the reunion tour.
But the establishment of a company run by the brothers for this purpose appears to show they are seeking complete control of such a venture and also appears to demonstrate that money wasn’t a major concern for the brothers.
Just month, Liam pushed back on reports of a supposed Netflix documentary around Oasis’ reunion for a second time.
Oasis brothers Liam and Noel Gallagher have signed yet another big-money deal, as they plot to make millions out of a film of their upcoming reunion tour
The Oasis Live 25 tour kicks off on 4 July at Cardiff’s Principality Stadium before playing sell-out gigs at Manchester’s Heaton Park, Wembley Stadium in London, and Edinburgh’s Murrayfield stadium.
The pair will then embark on a global tour taking in shows in Japan, Argentina, the United States and Brazil.
It was recently reported that Liam and Noel will not get a penny until after their Oasis reunion world tour, over fears that they may fall out again.
Management sources say promoters drew up complex contracts which only allow the warring brother to be paid for each individual show after it has actually happened.
The pair – who came to blows at their last gig as a band 15 years ago in Paris – have signed a so-called ‘guarantee versus percentage’ contract for each and every gig starting in the UK next summer.
This means they are guaranteed to pocket an estimated £3 million for each of 30 stadium dates.
However if 90% of each show’s profits is more than £3 million – which it is very likely to be as ticket prices were so high – they will get that percentage figure instead. That means they could easily bank £5 million for each show.
The deal means they won’t get anything until each show is costed up, after it happens. Until then, all ticket revenues stay out of reach in a neutral ‘escrow’ bank account which neither the band nor the promoters can touch.
The brothers, whose world tour starts this summer, registered Uprise North Limited last month with just themselves as directors (Noel is pictured performing in August 2024)
The Oasis Live 25 tour kicks off on 4 July at Cardiff’s Principality Stadium before playing sell-out gigs in Manchester, London, and Edinburgh (Oasis are pictured in 2008)
Usually, experts say, big artists like this get as much as half the guaranteed figure before the shows even start, and the rest of the guarantee, plus the percentage, after each shows end.
Oasis insiders say they won’t get a single penny until after each individual show is done and dusted.
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It is said there is also a clause written in the contract that sets out if gigs are cancelled from the artist side, they get nothing and all the money is returned to fans.
Industry experts say it is very unusual for a band of this size to get nothing upfront, and it’s down only to the pair’s difficult past and fears they will fall out again.
Gaby Cartright, a former employee at Live Nation, the world’s biggest music tour promoters, who are promoting the Oasis Live 25 tour, said the reunited band will have signed a guarantee versus percentage deal, with a guarantee of around £3 million per show and the percentage at about 85-90%.
She added there would be a clause in the tour contract saying if the brothers fall out and don’t perform, they would get nothing.
‘Because of the nature of who they (Liam and Noel) are. It would be stipulated that no money will be put into the hands of the artists until we know they are actually going to turn up on stage, because they fall out all the time. I believe that to be the case to be honest.’
Gaby added: ‘If, in the worst case scenario, a show didn’t go ahead because of a fall-out, there would be a cancellation policy in their contract saying that if it was cancelled from the artists’ side, the money would go back to the fans.’
She added: ‘With these types of deals there are so many people’s money at stake. The artists’ agents, the promoters, the crew, the band, the PRs, the label, the management.
‘They are all taking money from this tour. It is all in everyone’s best interest that this tour goes ahead. So I would imagine that is why they are doing it with such a clause.’
Live concert expert Matt Otridge of UK industry body the Music Venue Trust added: ‘Almost always 50% of the guarantee is asked for a month in advance of the show, and then the artist will receive either the guarantee or the percentage of profit (usually 80% – 85% in my experience) depending on which one is higher, the day after the show. A final show settlement is provided to the band on the night.’
Oasis split moments before their gig in Paris in August 2009 when an almighty bust up which had been brewing for months ended in them trading blows and Liam wielding Noel’s guitar ‘like an axe’ backstage.
They didn’t speak for years afterwards until very recently, when, with both brothers hit by a string of expensive divorces and with mediocre solo careers, very large sums of money were offered to them for a reunion tour.
Experts today estimate they will bank £5 million a show for 30 shows worldwide, meaning the pair will earn £150 million between them – £75 million each just from the ticket profits.
They are also predicted to earn ‘tens of millions’ from merchandising, sponsorship deals, and renewed interest in their music.
Insiders told the Mail that while Liam, 52, and Noel, 57, publicly buried the hatchet on their 15-year feud last year, they are still spending no time in each other’s company
An Oasis source was keen to downplay the relevance of the Gallagher brothers not being paid a penny until they actually turned up for the tour.
The source said: ‘This situation (not receiving any upfront earnings on the back of predicted or actual ticket sales) is not unique to Oasis or indeed this tour. This is the common arrangement across the industry.’
There are clear signs that Liam and Noel are keeping their distance from one another until they absolutely need to be together.
Last year Liam took 20 of his best mates and family for a week of partying in Ibiza and hires a mᴀssive party villa at a cost of £75,000. Noel wasn’t among the revellers.
Meanwhile Liam is taking a year off living in London to be at a remote manor house in the Cotswolds while Noel lives in London and Hampshire.
Liam said on X recently that tour rehearsals won’t begin until the Spring.