Thanks so much for checking it out. Appreciate the comment! Doing some new episodes this summer. Let me know if there are any topics you want to learn more about.
Thank you for this and your other very helpful videos. In this one, I see that you did not include the Artist Guarantee as part of the Promoter's Expenses. Other discussions I have seen include that guarantee when calculating the Split Point. And then, if the Artist earns more than the guarantee on the split, the amount of the guarantee is added back into the Promoter's profit because they didn't have to shell that amount out (since the Artist got paid even more from the split alone). Could you please comment on this approach and why you prefer to leave the Guarantee out of the Promoter's expenses? Thank you!
Hi - just replied to your email too - The guarantee is only included in the expenses in a Promoter Profit deal or also known as a Plus deal. On a versus deal, it's basically a greater than deal. Whichever is greater, the guarantee or percentage is what the artist receives. Let me know if this helps and if you have any other questions. Appreciate the comment and support!
Hi! Appreciate this video! What is the best way to find and book local & touring artists for our Venue? Should we scout FB & IG, or look for promoters? Thanks!
since this is vs. Net, it's after all expenses are paid. so in this scenario the promoter would Gross a little over $7k. But they may have expenses of their own, which is why I say "Gross"
how can you save on deposits for a venue? if i am trying to book a tour for a tribute band, all these theaters want rental fees and deposits to save the date, is there a deal that i can get a lower deposit or none at all?
Thanks for the question. There is no cookie cutter answer to this because as an independent you’re taking all the risk. You could lose $10k or make $10k on a show or anything in between pending how big the show is. And that’s at a 750 to 1,500 capacity range. The opportunity and loss gets much bigger the larger the venues get. If you’re working for someone - a Jr. Buyer should make $40-60k per year, club buyer $40-80k plus bonuses, Talent Buyer $75-100k plus bonuses, and senior buyer anywhere north of $100k per year plus bonuses. Just some guidelines. It all depends size of venues, number of venues, and if they’re in touring, just a region, or only a local market.
Super useful stuff. Thanks so much for making these
Thank you!! Appreciate the comment. Let me know if you have any questions or topics you’d like me to cover. 🙏🏽
Thanks man! Useful stuff!
Thanks so much! Appreciate the comment.
Great video
Thanks so much for checking it out. Appreciate the comment! Doing some new episodes this summer. Let me know if there are any topics you want to learn more about.
RAS HOUSE MUSIC 🎶 LABORIE BEACH ⛱️ ST LUCIA 🇱🇨
I don't understand what you mean 🤔
Thank you for this and your other very helpful videos. In this one, I see that you did not include the Artist Guarantee as part of the Promoter's Expenses. Other discussions I have seen include that guarantee when calculating the Split Point. And then, if the Artist earns more than the guarantee on the split, the amount of the guarantee is added back into the Promoter's profit because they didn't have to shell that amount out (since the Artist got paid even more from the split alone). Could you please comment on this approach and why you prefer to leave the Guarantee out of the Promoter's expenses? Thank you!
Hi - just replied to your email too - The guarantee is only included in the expenses in a Promoter Profit deal or also known as a Plus deal. On a versus deal, it's basically a greater than deal. Whichever is greater, the guarantee or percentage is what the artist receives. Let me know if this helps and if you have any other questions. Appreciate the comment and support!
Hi! Appreciate this video! What is the best way to find and book local & touring artists for our Venue? Should we scout FB & IG, or look for promoters? Thanks!
Thanks for this. In your example in this video, exactly how much is the promoter walking away with after expenses and paying the band?
since this is vs. Net, it's after all expenses are paid. so in this scenario the promoter would Gross a little over $7k. But they may have expenses of their own, which is why I say "Gross"
how can you save on deposits for a venue? if i am trying to book a tour for a tribute band, all these theaters want rental fees and deposits to save the date, is there a deal that i can get a lower deposit or none at all?
Hiw much do u as promoter get paid????
Thanks for the question. There is no cookie cutter answer to this because as an independent you’re taking all the risk. You could lose $10k or make $10k on a show or anything in between pending how big the show is. And that’s at a 750 to 1,500 capacity range. The opportunity and loss gets much bigger the larger the venues get. If you’re working for someone - a Jr. Buyer should make $40-60k per year, club buyer $40-80k plus bonuses, Talent Buyer $75-100k plus bonuses, and senior buyer anywhere north of $100k per year plus bonuses. Just some guidelines. It all depends size of venues, number of venues, and if they’re in touring, just a region, or only a local market.