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Son, you'll never make money in music
A interesting story in NPR this morning reported that the music concert business, especially with long-time acts such as Simon & Garfunkel, Bon-Jovi, Paul McCartney, etc. are raking in the gazillions each year. However, while total ticket sales have decreased, the revenue has gone the other way due to the rise in ticket prices.
For example, Mick and group charge an average of $90 for each concert ticket. I forget what that translates to per year but's it's on the NPR.org website, with I believe, a downloadable audio file of the piece. Bon Jovi grossed 2.1 billion in ticket sales last year. S & G pull in $1 mil per concert with a reported take home pay of $.5 mil. (that's for one night's work).
And I only play the radio. Sigh.
I'm sure there's some sort of hidden left-wing message, but let's leave it at that.
Sherwood
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