United States rock legend Jon Bon Jovi is waiving the performance fee for a concert that was supposed to take place in the capital of Spain, according to the New York Daily News. The 51-year old lead singer of “Bon Jovi” said the bad will forego the fee due to the Spain’s economic state.
According to reports from El Mundo and other news organizations Thursday, ticket prices for the concert ranged from 18 Euros, or $23, to 39 euros, or $50.88. This is 50 percent of what tickets would normally cost.
According to El Mundo’s website the band was not going to stop in Spain on a tour to advance “What About Now”, their new album. They believed the concert would not be as popular because, financially, fans would have more important things to worry about.
However, the singer told the news outlet “I didn't want to let fans down."
The band chose to get rid of the performance fee after a little research about the country’s economic position.
"We did a study and we saw that due to the economic situation Spain wasn't going to be on the roadmap. But I didn't want to leave out fans from a country I love that has treated me well for 30 years," the rocker explained. Concert tickets have sold out.
The Spanish economic crisis has been occurring for the better part of four years mainly due to the crash of the housing market. The unemployment rate eventually hit 27 percent. The rate is nearly double that when it comes to individuals under the age of 25.