Most Common Deal Concert Promoters & Venues Use

Most Common Deal Concert Promoters & Venues Use - Guarantee vs. Net Deal

Рет қаралды 1,333

Жыл бұрын

In this video, I will discuss the most common deal that promoters such as Live Nation, AEG Presents, Outback Concerts, Niederlander, and most promoters and venues typically use for show deals. You will learn how to settle these deals, what the deal terms look like, how an offer is written, and a breakdown of the math on how to settle these deals by hand.
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Local Show Deal mentioned in video: • How to Settle a Percen...
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What's that sound? I have Tourette Syndrome, but don't let that hold me back in sharing my experience and knowledge of the industry.

Пікірлер: 14

@Leviticuss 3 ай бұрын

Great video

@chrisgoyzueta 2 ай бұрын

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.

@complexivetunes Жыл бұрын

Super useful stuff. Thanks so much for making these

@chrisgoyzueta Жыл бұрын

Thank you!! Appreciate the comment. Let me know if you have any questions or topics you’d like me to cover. 🙏🏽

@realpeterbparker 10 ай бұрын

Thanks man! Useful stuff!

@chrisgoyzueta 6 ай бұрын

Thanks so much! Appreciate the comment.

@jdbruh6709 24 күн бұрын

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?

@sowensby6475 Жыл бұрын

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!

@jasaco22 6 ай бұрын

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!

@chrisgoyzueta 6 ай бұрын

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!

@tharongla2 6 ай бұрын

Thanks for this. In your example in this video, exactly how much is the promoter walking away with after expenses and paying the band?

@chrisgoyzueta 2 ай бұрын

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"

@michaelangelocash2529 6 ай бұрын

Hiw much do u as promoter get paid????

@chrisgoyzueta 6 ай бұрын

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.