4 ms·
There's almost as big a racket around venues and concert promoters as there was with RIAA and it's ilk (it's basically a Ticketmaster/LiveNation monopoly in the
by GFischer 9y ago
There's almost as big a racket around venues and concert promoters as there was with RIAA and it's ilk (it's basically a Ticketmaster/LiveNation monopoly in the U.S.), but artists do get a larger cut (harder to scam them when they see the full stadium I guess).
I've seen quotes about 60% of gross for artists with the rest being split between the ticket processor, promoter, taxes, etc. That 60% has to cover the artists' costs (not the venue but roadies, sound engineers, lighting crew, catering, tour manager, backing singers, extra musicians, dancers and so on
https://www.theguardian.com/music/2017/jan/30/where-does-concert-ticket-money-go https://www.theguardian.com/music/2017/jan/30/where-does-con...
http://www.wisebread.com/how-much-a-breakdown-of-concert-ticket-prices http://www.wisebread.com/how-much-a-breakdown-of-concert-tic...