>>79866950While the official statements from Anycolor/Nijisanji and Anime Expo do not specifically explain a reason, it is absolutely worth pointing out that after 5 weeks of ticket sales and with only a week to go, they had only managed to sell 14% of available tickets for all three concerts.
Also important to note, these concerts (to emphasize, there were going to be three of them) were set to be held not in some kind of smaller venue, but in the Peacock Theater in LA. This theater gets used for major awards ceremonies and can seat up to 7,100 people, and even in the reduced capacity configuration they intended to use for these concerts, capacity is still around 4,000 people.
So again, while the specific reason has not been confirmed, it seems pretty clear that the reason is because of abominably low ticket sales, which likely led to Anycolor/Nijisanji deciding to cut their losses and at least save on the event fees (their deposit would be toast) while also avoiding the situation of 500-600 people sitting in a 7,100 person theater for three different concerts which would be awkward for the attendees and embarrassing for the company.
The bigger issue at hand is one of pathological mismanagement within Anycolor/Nijisanji, which is lengthy and well-documented at this point. But to stick to the specific situation at hand, they clearly badly overestimated the level of current interest in their stable of talents when they decided it was a good idea to hold three separate concerts in the largest venue they could book.
To get into the weeds a little bit:
Raw numbers compiled as of 5 days ago had ticket sales at 507 for Concert 1 (12.52%), 560 for Concert 2 (13.83%), and 615 for Concert 3 (15.19%). To note: the percentages are derived from the Peacock Theater reduced capacity configuration of 4,050 seats.
The cumulative numbers are 1682 total tickets sold out of a total 12,150 seats across all three concerts, or 13.84% overall tickets sold, which I had rounded to 14% in my previous post for the sake of brevity.
And yeah, the situation is worst for people who were planning on going specifically to attend the concerts, because so much money has already been spent and at this point a lot of it may simply not be refundable, unless someone also happened to spring for travel insurance.