Headbanging headliners snub free Ozzfest

Ozzy and Sharon Osbourne are taking their metalfest free - great news for fans, but will the bands play if they don't get paid?

By Mark Borden, Fortune

(Fotune Magazine) -- What do Hatebreed, Lamb of God and Lordi have in common? Apart from hair-raising names and a penchant for high-speed death metal, these three guitar-wielding bands are the only headliners so far to have signed on to Ozzfest's new business model: Tickets (which last year tapped out at $125) are free, and bands (whose fees ran to $325,000) play for nothing.

Sharon and Ozzy Osbourne grabbed attention in February when they announced this "historic" plan for their 11-year-old heavy metal hootenanny, now dubbed "FreeFest." The Osbournes worried that escalating prices could hurt turnout. "We're giving something back," says Sharon in an e-mail.

It's great for fans, but what about the bands? Touring has become the salvation of rock groups, which have seen CD sales decimated in a post-Napster world. Why would a headliner perform for nothing? (Up-and-comers have often paid for the privilege, including at Ozzfest.)

"We give them tens of thousands of people to play in front of," says Sharon. "These are potential new fans that they can sell CDs and merchandise to at our show."

But as of late March that logic had persuaded only third-tier headbangers to sign on. Apparently even committed metalheads regard it as fiscal suicide to receive nothing to play for people who now won't pay for a concert and gave up long ago on paying for CDs.  Top of page

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.