Quote:
Originally Posted by John Run
One final point and then I am out.
When the term “cover costs” is used it means all your expenses including band guarantees. The guarantees assure that the each band member will be well compensated for the tour. It is the promoters who make less or suffer losses if the tour revenues don’t meet expectations. Band just loses potential bonus income on the revenue beyond expection or potenatial multiple night stands or 2nd and 3rd routings as promoters won’t risk it, unless guarantees are reduced to be more in line with actual revenues.
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I agree completely.
Promoters probably need to see 75% capacity(or more) to even break even. Before the promoter even makes a penny. So yes, they're going to be much less likely to book multiple dates in a market, or "iffy" markets.
So yes, the band will get paid, but if the promoters don't? They're not doing it because they're fans. It's their business, and they're not going to be happy about getting f*cked.