wondering if putting in 500-1000 people a night for 60 shows at 35 bucks pays the bills--this simply cant all be for new album pr as they never mention the "new disk" during shows. I come up with app $2million in revenues but have no idea of costs plus split 5 ways--than there are the roadies ,bus driver,business manager etc etc. How many 'we are the same' disks have been sold??
ticket prices for the Canadian dates were more than $35...worth every cent - no complaints (the kids will all understand some day that community colleges have their benefits too!)
LarryIrvine Wrote:ticket prices for the Canadian dates were more than $35...worth every cent - no complaints (the kids will all understand some day that community colleges have their benefits too!)
True.
2800 @ an average of $60 a piece for Massey Hall x 5 nights...
C'mon .. they played six nights at Massey. :-)
chris Wrote:LarryIrvine Wrote:ticket prices for the Canadian dates were more than $35...worth every cent - no complaints (the kids will all understand some day that community colleges have their benefits too!)
True.
2800 @ an average of $60 a piece for Massey Hall x 5 nights...
markslog Wrote:C'mon .. they played six nights at Massey. :-)
chris Wrote:LarryIrvine Wrote:ticket prices for the Canadian dates were more than $35...worth every cent - no complaints (the kids will all understand some day that community colleges have their benefits too!)
True.
2800 @ an average of $60 a piece for Massey Hall x 5 nights...
Doh! :nooooo
Tour is probably more profitable for the ticket brokers that sell the tickets at 4 times face value on ebay, stub hub, etc. Pisses me off...not fair to the band, not fair to the fans.
These guys aren't stupid. Yes they are making money.
They get paid no matter how many tickets are sold (unless the concert is cancelled due to poor sales, perhaps). The band has a contract and it costs x amount of dollars to bring them in for a show. It's up to the promoter to make sure tickets sell. Obviously, the value of the contract depends on where they are playing; they would be hundreds of thousands of dollars to bring them into an arena in Canada, and obviously way less to play a club in the southern US.
Don't they get a piece the merch, bar tab, CDs, etc sold at the shows? The gigs also tend to spur after concert sales ... I think it all adds up.
Like Escape@Hand said, the band probably has a set contract with each venue that spells out how much the band gets for an appearance. I would guess that the band probably gets somewhere between 40-50 percent of the merchandise revenue, or that is subcontracted out to a different vendor that gives them a set dollar amount. I think most of the venues rely on alcohol sales for their profit from each show.
I've occasionally wondered how much money the Hip make/have made. Are they millionaires? Has their income stream dried up significantly as their commerical standing has waned? If the band were to break up, would, say, Gord Downie have to work for a living? The economics of rock music are a bit of a mystery to me.
I remember reading an interview with Nick Lowe where he mentioned that if a cover version of 'What's So Funny About Peace Love and Understanding' hadn't fluked out and become a smash on The Bodyguard soundtrack, he might have been forced into touring as a pathetic nostalgia act and never made his run of terrific records over the last decade. I also recall seeing Buck 65 on MTV's Cribs. He was living in a modest, one-bedroom rental bungalow. And then he took a job as a DJ at CBC.
No doubt the Hip are doing better than Buck 65, but are they doing better than the Nick-Lowe-before-the-big-hit? Are they closer to Nickleback than Buck? These are the things I wonder about. :wink:
They are definitely set for life. They've sold close to 10 million albums, and even if they make $1 album, that's still close to $2 million per band member from album sales alone. They also get royalties everytime their songs are played on the radio/tv. How many times do you hear a hip song in a day? And how many tours have they done? So if they were to break up they would be fine; they'd still rake in the royalties for all the airplay they get.
I would have to believe they are set for life as well. Been doing this to long not to be. But, if thewy needed a job I would br4ing aboard at my business.
Now that I think about it a little more, them Hankies might be tilting hte scales a bit here and zapping up profit :lol: