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Podcast Appearances
There's a gross potential of a couple hundred thousand dollars being made. But out of that $200,000 in ticket sales, half is deducted for venue-related show costs. $37,000 in stage hand.
There's a gross potential of a couple hundred thousand dollars being made. But out of that $200,000 in ticket sales, half is deducted for venue-related show costs. $37,000 in stage hand.
Leaving the band with a $100,000 payday. But most of that goes to the band's own expenses. Commissions and fees and payroll. Their management takes a quarter. Travel and crew costs take another. Their management takes a quarter. They got to get a new management team. That's crazy. Quarter. Meanwhile, that $56 ticket has had fees added, though artists don't get that money.
Leaving the band with a $100,000 payday. But most of that goes to the band's own expenses. Commissions and fees and payroll. Their management takes a quarter. Travel and crew costs take another. Their management takes a quarter. They got to get a new management team. That's crazy. Quarter. Meanwhile, that $56 ticket has had fees added, though artists don't get that money.
Leaving the band with a $100,000 payday. But most of that goes to the band's own expenses. Commissions and fees and payroll. Their management takes a quarter. Travel and crew costs take another. Their management takes a quarter. They got to get a new management team. That's crazy. Quarter. Meanwhile, that $56 ticket has had fees added, though artists don't get that money.
So once you take away the venue's show costs and the band's touring expenses, something corporate's actual profit from that $70 ticket is about $10.
So once you take away the venue's show costs and the band's touring expenses, something corporate's actual profit from that $70 ticket is about $10.
So once you take away the venue's show costs and the band's touring expenses, something corporate's actual profit from that $70 ticket is about $10.
Yeah. McMahon isn't complaining. That's still seven grand each for a night's work. Oh, wow. My math was right. Look at me. I did that all in my head. Except I didn't add a zero.
Yeah. McMahon isn't complaining. That's still seven grand each for a night's work. Oh, wow. My math was right. Look at me. I did that all in my head. Except I didn't add a zero.
Yeah. McMahon isn't complaining. That's still seven grand each for a night's work. Oh, wow. My math was right. Look at me. I did that all in my head. Except I didn't add a zero.
The point here is each dollar fans pay is fought over by artists, venues, ticket companies, and scalpers. And time and again, the industry's solution to these fights has been to just charge fans a bit more.
The point here is each dollar fans pay is fought over by artists, venues, ticket companies, and scalpers. And time and again, the industry's solution to these fights has been to just charge fans a bit more.
The point here is each dollar fans pay is fought over by artists, venues, ticket companies, and scalpers. And time and again, the industry's solution to these fights has been to just charge fans a bit more.
Consider the history of the infamous ticket fee. In the 80s, as artists demanded a bigger cut of the box office, venues scrambled for new revenue. Ticket fees, which cut out the artist, were the answer, says New York Times music writer Ben Cesario.
Consider the history of the infamous ticket fee. In the 80s, as artists demanded a bigger cut of the box office, venues scrambled for new revenue. Ticket fees, which cut out the artist, were the answer, says New York Times music writer Ben Cesario.
Consider the history of the infamous ticket fee. In the 80s, as artists demanded a bigger cut of the box office, venues scrambled for new revenue. Ticket fees, which cut out the artist, were the answer, says New York Times music writer Ben Cesario.
What Rosen built was a network of ticket outlets and phone centers that made it easy for fans to buy. That was new.
What Rosen built was a network of ticket outlets and phone centers that made it easy for fans to buy. That was new.
What Rosen built was a network of ticket outlets and phone centers that made it easy for fans to buy. That was new.