I got a review gig coming up. 7 shows, 7 nights (one of my artists) over 14 days. 3000 against the door of 10 each. 300 people, break even. For PITIES sakes, they are getting food and bev. They stand to do at least 5K a night. Each venue holds 600 to 800.
We are budgeted to clear 14,700. Minimum for this. And no merchandise either. We will take orders Paid in advance. (we may do CD's actual, and do great)
This is with an expected crowd of 85% of door/300
I hope to see 65K actually total gross.
It helps that the artist is established and is doing a 40th anniversary tour.
This comes under the same heading as a CD release, comeback party.
CD release parties:
It may be totally different from everyone else..but I do NO cover, No gig expense (other than time and sweat) and hope to sell Tee shirts, Posters, cards, hats and CD's to make it happen.
IF I organize a CD release party, it is open to the public. This comes under the heading of promotion.
If they buy the hat at 10, shirt at 10, poster at 5, signed card at 3 and cd at 10...we do OK.
Is it normal these days to charge cover for a CD release party?
I never did...and never lost either.
Net Radio expense is 1200 for spots/remote.. We net above cost, usually sell out of promo goods.
The club should only get food/bev IMHO.