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2) Scenario: Venue capacity (Bridgestone Arena); 15,000. Ticket price $40. Venue Production: $12,000 and Venue split of $7,000 fixed fee on GP. (Not a
2) Scenario: Venue capacity (Bridgestone Arena); 15,000. Ticket price $40. Venue Production: $12,000 and Venue split of $7,000 fixed fee on GP. (Not a percent) Artist Guarantee: $120,000. Mkt/Promotion: $18,000. Deal: Guarantee plus Back End 70/30: (Artist receives 70% on net profit--or money above split point). Include negotiated promoter profit/commission of 10% on expenses. Display results on spreadsheet. --Assume sell out! Crescitra 6000. Ticket price $20 Venue Cost: $3.000 plus 5%
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