In many cases, such as Live Nation and Ticketmaster, the ticket holder and the promoter have the same owner or are partners.
To this must be added what the ticket office charges for the distribution and sale service, which would be 10%. The first thing to consider is the tax rate that falls on an entry. How Is the Payment of a Ticket to a Concert Distributed? Also, each event has different percentage clauses in profits, and it is difficult to clearly establish a single formula, considering that artists and promoters are leery of revealing these details. Contrary to what is commonly thought that the total goes to the artist, there are some variables that make him only take part of the total.
#Concert tickey series#
There are a series of items to take into account for the moment in which each person accesses a ticket. It still does not match them in attendance, but it does in curatorship sometimes it can get beyond it, as many considered in the last edition. Since then, all the event has done is try to compete with the Lollapalooza franchise in Brazil, Argentina, and Chile. From then on, two to three days passed and the "believers" (the name given to those who are fans to this spectacle) from 1,000 to 4,000. To give an example, the recently completed Festival Estéreo Picnic only generated profits in its fourth edition thanks to The Killers and New Order. The business of concerts and festivals is above all risk.
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