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 The recently held Eraserheads 'Huling El Bimbo' concert on December 22 at the SMDC Festival Grounds in Parañaque had a production cost of P275-million, according to its promoter.

The preparation for the said controversial concert would be the highest cost production ever in the history of local performance in the country. 

"In US dollars that's almost $5 million, which is like producing Justin Beiber in Manila," the promoter told Daily Tribune.

The promoter added, it wasn't sure if the concert has earned despite of the high production cost.

Ely Buendia's talent fee is said to be three times higher with that of his other bandmates such as: Raymund Marasigan, Buddy Zabala, And MArcus Adoro, added by the promoter. 

Actor Alden Richards and among others are investor of the show.

Around 75,000 people have watched for the reunion concert.

Meanwhile, a teaser announcements have been circulating online for the possible World Tour concert, specifically in the United States, Canada, and Singapore.

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