Quote:
Originally Posted by xg4bx
for better or worse the exact opposite is true.
U2's most recent tour netted 3/4 of a billion dollars. i'd bet my life that their music sales weren't 1/100th of that.
http://en.wikipedia.org/wiki/List_of..._concert_tours
thats probably more than the entire music industry made on album sales last year. |
GROSS not NET.
Gross means that total amount taken in by tickets sales and any other income (like T-shirt and such sales).
Out of that you pay for the venues. You pay for the roadies. You pay for the set (stage). You pay equipment (rental or amortization). You pay for pyro technics. You pay to transport the band, the toadies, the equipment. The ticket sellers also get a cut. The venue fees also include things like electricity used and cleanup/repair afterwards. And there are the other costs, like lodging and food.
And the tour organizers and producers. And promotion. And marketing. And you have to pay for all the stuff you sell (like the tour T-shirts).
And after all that, the band actually makes some money.
I have friends in the music business, they always say, you tour to sell records. You do not tour to make money.