Quote:
Originally posted by Justin
Hey Everyone,
So let's assume that this is 100,000 per day and that there are 10,000 seats in the Verizon that means that the essentially "sold-out" the areana for 3 days at $10 per person. Consider that when Cher comes there and sells out the Verizon it is at considerably more that $10 per person. -Justin
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Yes but i doubt if the venue sees more then $10 per person... when tickets are sold for a show at a venue like that its the promoter that gets the money because they already fronted the money to pay for the venue and the promoter/artists/ticket reps set the prices. Then things like ticketmaster have alot to say about the prices and then you have to pay everyone involved like the crew, the band, the management, the other people involved so i doubt if a venue gets paid more then 100.000 when an artists comes there to perform.
The venues aren't really loosing money because how many of them have concerts at 8:30 on a thursday? Obviously if there was something else scheduled at that time then they wouldn't be having the competition and if they were loosing tons of money they wouldn't do it either.