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Rocky Road From Classic Rock to Progessive to hip hop to today's hot new tunes! |
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Rocky Road From Classic Rock to Progessive to hip hop to today's hot new tunes! |
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In Reply to: playing the percentages posted by dave c on April 10, 2007 at 17:20:47:
Yeah, but these are arena gigs, maybe not football stadiums, but hockey arenas that this band plays.I maintain that Clear Channel and/or Ticketmaster play a significant role here. $50 for an average ticket in the venue I could see, but I think $100 is a low estimate. Nevertheless, and I'm no expert on these numbers, but let's say you're doing 20 dates in 50 days. $20 million gross according to my numbers, which was a $100 average based on only a 10,000 seat venue, right? So you have a gross of $20 million. Now let's say 50 people? Let's be generous & pay them EACH, say, $800 a day for 50 days. That's $4 millon, or 20%, off the top of a gross of $20 million.
Mind you, I think I'm being overly generous, here. Let's subtract another 50% for venue, equipment rental, promotion, and related expenses--and, again, we're not taking into consideration concessions, merchandise, or parking. That leaves 30% of $20 million for the band & promoter to split. So no matter what, each band member walks away with a few million dollars or so, even if the fans don't know what the definition of piracy actually is.
How far off am I here, Dave?
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- Re: playing the percentages - J 03:37:55 04/11/07 (0)
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