Some people may think that the life of a touring music performer is attractive and also profitable, but it’s anything but. The price of touring for a rock band or whatever is actually fairly high and very few trips really make enormous amounts of money, except for the very top tier of artists. Article resource: visit currently much of our blog.
Cost of touring makes rock and roll hard living
Some people might imagine the life of a touring musician involves plush tour buses, groupies, endless partying and lots of cash. Maybe for some, but most groups or artists trying to make a living don't make much of one.
It is quite interesting whenever you consider what The Dresden Dolls, a Boston group, made on their tour, according to a 2007 NPR interview. The two in the group, Brian Viglione and Amanda Palmer, only made $1,500 a month from the tour each. That is not a ton of cash for spending time in a record deal and touring. They even opened from some pretty large gigs.
Supposing they tour frequently, they will make $18,000 a year.
Granted, they also had earnings from CD sales -- royalties of $1 per CD sold -- and merchandise.
Slowly gets better
Oh, Sleeper is a band that is known as “mid-level” since it has existed for a few years and has a following. Band member Shane Blay posted typical expenses associated with touring. He said that bands make cash based on the amount of merchandise sold and the number of fans who arrive. The groups have to pay the venue for using the facility too. His band made about $600 per night for the venues on average due to $300 in merchandise sales and $300 in venue profits.
Bands pay to print shirts. He reported $7.50 per shirt, which they sell typically at $15 per, meaning its half the price. So of that $300, $150 is already gone. Venues typically charge a 25 percent commission, $75, and the band's manager gets a 15 percent cut of the profits, or $11.25, meaning the band makes $63.75 from $300 in merchandise sales. From guaranties go, 15 percent off the top goes to the band's manager and 10 percent goes to their booking agent, who arranges tour dates. That leaves $225 per night, before paying travel expenses, which he quotes an average of $150 just in gasoline between gigs, leaving $75. Then, after a $10 per day food spending budget for all five band members plus their merchandise seller, $60, which leaves $15. In total, that's $78.75 per night.
Then there are additional emergency costs not calculated out. Without the emergency situations, each band member will get $13.12 a night to play, which is not a ton of cash.
Not all costs bad
Big time individuals are the only ones who can make a big buck off of touring. This consists of Pink Floyd’s Roger Waters who did a tour in 2010, according to the Daily Mail. According to Music Television, he grossed about $90 million on the tour and paid out $60 million to pay for the lavish tour and production.
NBC News explained that most bands were close to having to end tours and quit due to fuel prices in 2008. Most young groups struggle more than you would know.
Whenever you download music for free, the band ends up losing cash there too.