We now have some indication of just how much Black Sabbath’s farewell Back to the Beginning concert meant to the local economy.
A new estimate claims the event dumped millions into communities throughout the United Kingdom.
University of Birmingham Provides Back to the Beginning Projections
Back to the Beginning was billed as a grand farewell for Black Sabbath and Ozzy Osbourne when it was held on July 5 at Villa Park in Birmingham, England. Ozzy passed away just weeks later, at the age of 76.
Economists from the University of Birmingham compiled data to assess the economic impact of Back to the Beginning, which attracted over 42,000 attendees.
According to a BBC report, the university’s analysis indicates that Back to the Beginning contributed more than $45 million in gross economic output across the U.K.
This figure encompasses not only the direct revenue generated from the concert itself but also the economic boost from tourism, with an estimated 20 percent of attendees traveling from outside the UK.
Birmingham, located in the West Midlands, benefited significantly from the event, with over $37 million believed to have remained within the local economy.
Uncertainty Surrounds Total Revenue from Back to the Beginning
Despite the University of Birmingham’s estimates reflecting the overall economic impact, the exact revenue generated by the event remains uncertain.
Initial reports suggested that Back to the Beginning had set a record for the highest-grossing charity concert. Beneficiaries of the event included Cure Parkinson’s, Birmingham Children’s Hospital, and Acorn Children’s Hospice.
Billboard reported on July 15 that the concert raised an impressive $190 million for these charities. This figure was first shared in an Instagram post by Tom Morello, who curated the music for the event. However, the post has since been edited to remove the mention of the $190 million total.
Sharon Osbourne Disputes Early Charity Revenue Claims
In an interview with Pollstar on July 17, Sharon Osbourne expressed her concern regarding the inflated revenue figures circulating in the media.
“I’m really happy that we are talking because one of the things that’s frightening to me is all this false press about [how], we’ve made $140 million and all of this and I’m like ‘God, I wish we could have, for one gig.’ It’s just ridiculous, the different stories,” Sharon stated.
She clarified that the final total raised for the three charities would not be known until all expenses and revenues were accounted for.
For those who missed the concert on July 5 or wish to relive the experience, a feature-length film documenting the event is set for release in 2026.
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Conclusion
The Back to the Beginning concert not only served as a heartfelt farewell to Black Sabbath and its legendary frontman, Ozzy Osbourne, but it also left a significant mark on the local economy. While the exact figures related to the charity contributions may still be under scrutiny, the undeniable boost in economic activity highlights the concert’s importance to the Birmingham community and beyond. As fans eagerly await the release of the concert film, the legacy of this monumental event continues to resonate.
FAQs
What was the Back to the Beginning concert?
The Back to the Beginning concert was a farewell event for Black Sabbath and Ozzy Osbourne, held on July 5, 2023, at Villa Park in Birmingham, England.
How much did the concert contribute to the economy?
According to estimates from the University of Birmingham, the concert contributed over $45 million in gross economic output across the UK, with more than $37 million staying in the local West Midlands area.
What charities benefited from the concert?
The concert raised funds for several charities, including Cure Parkinson’s, Birmingham Children’s Hospital, and Acorn Children’s Hospice.
Is there a film about the concert?
Yes, a feature-length film covering the Back to the Beginning concert is set to be released sometime in 2026.
