Anatomy of a Concert
Posted: Fri Dec 17, 2004 11:00 am
These are the expenses involved with a legit real show. The next time that people gripe about ticket prices (not saying that some are not infated) they should keep in mind that it is not the band that keeps all of the money. In fact, on many major tours like the Stones, merchandise sales is the only real money maker, because they get 50% of the revenue. ALL other things are about non-profitable.
Obviously small tours will not cost as much, but some expenses will be the same. Gas, truck leasing, Prevost bus leasing, drivers, engineers, perdiems, legal, accounting, labor, etc cost everyone the same money. So bigger tours are more profitable because they will sell more merch based on attendance. Not necessarilly because of more ticket sales.
Here is who gets paid:
Band
Band's booking agent/firm (10% minimum of band's pay)
Band's manager/firm (10% minimum of band's pay)
Band's P/R person/firm (complicated, usually paid a flat rate)
Band's attorney/firm
Merchandise, merch sales manager
Production (Lights, Sound, Video, Staging, Rigging, Union and non-union labor, audio, video, lighting engineers, technicians, riggers, guitar techs, drum techs, stage managers, production managers, etc)
Transportation
Freight
Perdiems
Venue
Venue's take of concessions
Venue union/non-union electrician, rigger, system tech
Venue management
Venue security
Venue insurance
Promoter
Promoter's 50% cut of merch sales
Promoter's attorney/firm
Promoter's accountant/firm
Promoter's band buy-outs
Event Liscense/permits
Insurance
Obviously small tours will not cost as much, but some expenses will be the same. Gas, truck leasing, Prevost bus leasing, drivers, engineers, perdiems, legal, accounting, labor, etc cost everyone the same money. So bigger tours are more profitable because they will sell more merch based on attendance. Not necessarilly because of more ticket sales.
Here is who gets paid:
Band
Band's booking agent/firm (10% minimum of band's pay)
Band's manager/firm (10% minimum of band's pay)
Band's P/R person/firm (complicated, usually paid a flat rate)
Band's attorney/firm
Merchandise, merch sales manager
Production (Lights, Sound, Video, Staging, Rigging, Union and non-union labor, audio, video, lighting engineers, technicians, riggers, guitar techs, drum techs, stage managers, production managers, etc)
Transportation
Freight
Perdiems
Venue
Venue's take of concessions
Venue union/non-union electrician, rigger, system tech
Venue management
Venue security
Venue insurance
Promoter
Promoter's 50% cut of merch sales
Promoter's attorney/firm
Promoter's accountant/firm
Promoter's band buy-outs
Event Liscense/permits
Insurance