the brooklyn museum is selling $2,500 tickets to an exhibition of what pop icon?

Music icon David Bowie, who died in 2016 at the age of 69, is being honored with a retrospective exhibition at New York's Brooklyn Museum, "David Bowie is," which chronicles his journey from Due south London boy to legendary rock star and chameleon.

The 26 sections on display feature costumes, music videos, lyrics and memorabilia from the movies Bowie acted in. Artifacts on show range from his "Ziggy Stardust" costume to his cocaine spoon from the 1970s.

Ticket prices offset at $20 during weekdays and $25 dollars on weekends. But there'southward a $2,500 "Aladdin Sane Ticket" which gives the buyer sectional perks and privileges including a private, curator-led tour of the show when the museum is closed to the public, and a concierge service.

An employee at Brooklyn Museum, who declined to be publicly identified, said "more than than a few" people had bought the Aladdin Sane ticket merely wouldn't specify numbers. Here's what the exhibition reveals about Bowie's artistic and colorful life.

Investment Innovator:

David Bowie was a financial pioneer. In 1997, he sold Wall Street on the concept of investing in the future earnings of his music. In collaboration with investment broker David Pullman, he introduced Bowie Bonds, nugget-backed securities of electric current and future revenues of the 25 albums that he recorded earlier 1990, which paid a 7.nine% interest rate over 10 years.

Fellow musicians James Brown and Rod Stewart followed in his wake issuing "celebrity bonds." Furthermore, Bowie blazed the trail for investing in unconventional securities (a trend which would eventually reach its nadir with the 2008 financial crash.)

The bond issue earned Bowie $55 1000000, which he used to purchase dorsum his itemize from former manager Tony Defries. "The Bowie bonds were unheard of before he issued them," said Matthew Yokobosky, Director of Exhibition Design, Brooklyn Museum, and coordinating curator for the exhibition.

Fifty-fifty though in 2004, Moody'south Investors Service lowered the bonds from an A3 rating to Baa3, one notch higher up junk, Yokobosky notes, "The bonds came to fruition in 2007 and with that money, he was able to buy his back catalogue dorsum from the managers that didn't make him such good deals early."

Yokobosky added: "At the kickoff of his career he wasn't every bit financially astute. He had a lot of management problems and signed contracts that he came to regret. But at the time he did the Bowie bonds he was regularly selling over a million albums a year then they were able to base the future dividends of the bonds on his time to come earnings."

In 2000 Bowie launched "BowieBanc," an online bank, but a planned "Bowie trading desk" never materialized.

Musical Profit

Bowie's musical reinventions are the stuff of legend only he never lost sight of the lesser line. "When he began his career in the 1960s and 70s, if you lot went to a concert, ticket prices were pocket-size so artists had to brand coin through albums," said Yokobosky. "That's why Bowie produced so many albums in the 1970s. When he turned in an album, he would get a paycheck. Touring wasn't as lucrative as it is today."

Yokobosky said things changed with the "Serious Moonlight" tour in 1983 to back up Bowie's striking "Allow's Dance" album. "At that point he sees the turn from earnings beingness based around record sales to beingness based around ticket sales and concerts."

He added: "Bowie was a chief at taking something you know and turning it into something you don't know. Then after 'Let's Dance' he didn't make 'Let's Trip the light fantastic 2.' Instead he made an album after that ['Tonight'] where a lot of those songs were remakes of songs he fabricated with Iggy Pop in the 1970s. Information technology wasn't an easily digestible anthology but he was able to creatively turn the corner."

"His career was based on change and surprising his audition constantly. What was unique near him was he re-wrote how was it to be a stone'n'coil singer. Today computers can do an infinite number of things so it's difficult to make a new sound. But David Bowie did it," he said.

Stage ready model for the Diamond Dogs bout 1974. Designed by Jules Fisher and Mark Ravitz. Courtesy of the David Bowie Archive.

Victoria and Albert Museum

New York's in Dear

"David Bowie is" comes to the Brooklyn Museum later on a 5-yr global tour. And accordingly for Bowie, who adopted New York Metropolis every bit his hometown, 20% of the exhibition is new at the Brooklyn Museum.

Brand new exhibits include the lights from his 2002 New York City Marathon bout and memorabilia from his 1980 Broadway stint acting in "The Elephant Man." "Even on his terminal two albums he was working with jazz musicians in Soho, New York Metropolis," said Yokobosky. "He always found the city very inspiring."

But equally for what Bowie spent his money on while he was living in New York City, it turns out he wasn't all that dissimilar from other millionaires. "David Bowie had an fine art collection which a lot of people saw when it was sold by Sotheby's and he had homes in several places," Yokobosky said.

"Only he was practiced at holding onto his coin."

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Source: https://www.marketwatch.com/story/people-are-paying-2500-to-go-to-new-exhibition-about-david-bowie-2018-03-07

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