Concert Ticketing
How much of industry revenue comes from ticketing?
50%
Why does a key man clause exist?
So that if a certain person decides to leave then the contract disbands
Which team member is in charge of everything?
Personal Manager
Where is tour merch sold?
On Tour
What is a composer paid for their work?
What percentage of tickets is bought online?
70%
True or false, if a member leaves, the label can sign as a solo artist.
True
Which team member gets an artist to perform at a certain venue?
Promoter
Where is retail merch sold?
sold at store
What is the acquisition of rights?
Getting the rights for use in a movie
Where does the promoter's cut of the revenue come from?
The artists' %
True or false, royalties are split between members?
true
What is the document that lists the artist's needs for a show?
Artist Riders
Where is D2C merch sold?
Online
Use in film, use in soundtrack, use in single, not advertising.
Use in film, use in sound track, use in single, not advertising
What company did Ticketmaster merge with in 1990?
Ticket Tron
True or false, royalties are never equal?
False
What is the percentage that an artist is guaranteed for a personal performance called?
split
How long is a typical merch deal term?
One and a half to 2 years
What is it called when a composer orchestrates, and they get additional fees and royalties?
Orchestration fee
What year did ticketing begin?
1755
Buyouts
What level of artist makes $25k- $150k per night
Mid-level artists
How much is the merch industry worth?
$3.5 billion
What do you need to do id you want to use an existing song for a movie?
Purchase master license (both sound recording and publishing rights)