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Chronicles

The story behind the story

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A look at ABBA Voyage, the hit London concert performed by 3D digital avatars of the band created from motion capture, as its producers plan a global expansion

Jenni Reid / CNBC :

CNBC Jenni Reid

Context & Ripple Effects

ABBA Voyage has quietly become the proof case for avatar-based live entertainment: the London show's £322.6M in first-year revenue turned a novelty mocap experiment into one of the most valuable concert properties in the UK. The producers now want to replicate that model beyond the purpose-built East London venue.

They are not moving alone. Kiss's members have commissioned their own digital avatars built by Pophouse and ILM to tour as the band ends live performances, and Layered Reality is taking an AI-and-hologram Elvis show from London to Las Vegas, Tokyo, and Berlin with Elvis Evolution. A category that started as pandemic-era experimentation by UK theater companies broadcasting AR and VR productions is consolidating into a franchise business.

First-order effects

  • The producers gain a repeatable template: a fixed-cost avatar production that can be staged in new cities without the band touring, converting a single London hit into a licensable global property.
  • Kiss's avatar tour and Elvis Evolution now compete directly for the same audience and venues, forcing each producer to differentiate on fidelity and spectacle rather than on the artists themselves.

Second-order effects

  • VFX and motion-capture studios such as ILM become strategic suppliers to the live-music industry, as bands' catalog value increasingly depends on access to high-end avatar production capacity.
  • Estates and rights holders of deceased or retired artists gain a new monetization path — the Notorious B.I.G.'s VR concert already showed the demand side — which raises pricing pressure on traditional touring deals.

Third-order effects

  • If the expansion works, legacy acts' intellectual property shifts from finite human tours to perpetual licensed performances, restructuring live music around who controls the avatar rights rather than who can still perform.
  • The pattern also sharpens the unresolved ethical questions around digitally resurrected performers, likely drawing scrutiny over consent and estate governance as posthumous shows scale from experiment to industry.

The trend: Live music is splitting into two businesses — human touring and licensed avatar franchises — with the ABBA Voyage revenue proof pulling more legacy acts toward the latter.