The Foundry's
ROLLINGSHUTTER [link] is designed to mitigate rolling shutter issues, especially in the context of 3D tracking.
It may help on the distortion on the lead singer as the camera moves in that shot, but it won't be effective at all on the strobing lights. I'd try AE's
Color Stabilizer [link] plus a good amount of rotoscoping, or perhaps one of the
GenArts Sapphire [link] FlickerRemove effects as a starting point. Even with these tools, I think fixing this shot will be a lot of work.
Walter Soyka
Principal & Designer at
Keen Live
Motion Graphics, Widescreen Events, Presentation Design, and Consulting
RenderBreak Blog - What I'm thinking when my workstation's thinking
Creative Cow Forum Host: Live & Stage Events