Re: Chris or Neil's Net Worth?
Posted: Sat 21 Oct 2017, 1:25 am
And when they played Coachella, for the two concerts they were paid 700,000 $.
I like to think of it as home...
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We shouldn't forget, however, that out of the money they're paid for such shows, they also (if I'm not mistaken) have to pay many of the associated expenses themselves, such as support musicians, road crew, and any technical support that's specific to them. After such expenses -- not to mention taxes -- I'm sure their net take is significantly reduced.Disco. wrote: Sat 21 Oct 2017, 1:25 am And when they played Coachella, for the two concerts they were paid 700,000 $.
They may well generate a big amount, but as geowayne points out, I assume they will have many outgoings from that figure now they don't have EMI/Parlophone behind them. From that $700.00, they may well have to finance the entourage including all expenses (and payment) for backing band, tour crew, management ect. Factor in Tax, insurance and that figure starts to reduce rapidly.. Unless they have secured a deal where all other touring band and staff are paid separately by promoters, their touring income will be significantly decreased once all these expenses are accounted for. Just an assumption from me, of course..
Yes, I believe touring is how they make *most* of their money these days, which is why they do so much of it now. The music industry has changed tremendously since the 1980s. Back then, continuing up through the 1990s, artists made most of their money from royalties on record sales and songwriting. But the internet and the advent of digital music has changed all that. Now artists generate comparatively little money from sales and songwriting. Live performances are where the money is now. The Boys wouldn't do it if it weren't profitable.Disco. wrote: Sat 21 Oct 2017, 11:14 pm This was only a couple of concerts, they make millions and millions from touring, the Fundamental tour alone was over 100 concerts. No matter how you look at it, they make a ton of money from touring merchandise etc.
EMI/Parlophone were never involved in financing the live shows. That have solely been their own responsibility. Their contract with EMI was purely a recording deal. (The so-called 360 deals are quite a new invention, Meaning the label finance the tour, but also control the income.) . Or course, with $200.000-400.000 income per show, it's still quite a surplus when all is paid out.y3potential wrote: Sat 21 Oct 2017, 10:37 pmThey may well generate a big amount, but as geowayne points out, I assume they will have many outgoings from that figure now they don't have EMI/Parlophone behind them. From that $700.00, they may well have to finance the entourage including all expenses (and payment) for backing band, tour crew, management ect. ..
So you are saying that the only made less than 10,000 $ pr concert for the Fundamental tour wich was over 100 concerts, I think that is way to low. They make a lot more money than you think Wayne.geowayne wrote: Sat 21 Oct 2017, 11:42 pmYes, I believe touring is how they make *most* of their money these days, which is why they do so much of it now. The music industry has changed tremendously since the 1980s. Back then, continuing up through the 1990s, artists made most of their money from royalties on record sales and songwriting. But the internet and the advent of digital music has changed all that. Now artists generate comparatively little money from sales and songwriting. Live performances are where the money is now. The Boys wouldn't do it if it weren't profitable.Disco. wrote: Sat 21 Oct 2017, 11:14 pm This was only a couple of concerts, they make millions and millions from touring, the Fundamental tour alone was over 100 concerts. No matter how you look at it, they make a ton of money from touring merchandise etc.
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But, that being said, I don't think it's HUGELY profitable for them. I really don't think they turn a *profit* of "millions and millions from touring." They aren't hundred-millionaires. After their considerable expenses, I'd be surprised if they each take home more than a million per tour. To be honest, I suspect it's less. But I don't know. It's only a guess. I really admit to that. When you get right down to it, unless they were to come right out and say something about it in public, only their accountants would know for sure.
I didn't say that at all. I didn't say what they *did* make. I only said what I *suspect* they make, and I readily concede I could be mistaken. But, when you get right down to it, after all the expenses, I wouldn't be surprised if they didn't net (take home), on the average, much more than $10,000 each per concert, which isn't bad at all for a night's work.Disco. wrote: Sun 22 Oct 2017, 4:54 pm So you are saying that the only made less than 10,000 $ pr concert for the Fundamental tour wich was over 100 concerts….
Or even better - “It’s none of my business, anyway.”Neilatrone wrote: Mon 23 Oct 2017, 5:50 pm Do I care....how much they are worth? Now there’s a title for a song.