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Paddlesons t1_jconyx1 wrote

Question, does the band pay for the venue or does Ticketmaster cover that when you use them? I seem to remember seeing a "Facilities" fee on the receipt for the tickets of around $40.

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te-ah-tim-eh t1_jcpcagw wrote

John Oliver did a recent episode on Ticketmaster which was fairly illuminating. You can find it on YouTube.

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CarjackerWilley t1_jcpe13l wrote

Typically a promoter books the venue and the band and they will take a percentage of ticket sales after the band and record label get a set amount. I think live Nation is the promoter who is part of Ticketmaster. I also think that the promoter is the one that sets the price maybe in collaboration with the artist.

So for instance, if I was the promoter of a small concert, it might look something like me saying that I'll give them $4,000 to come play and they'll get 70% of backend ticket sales. Which would mean that I as the promoter would then take 30% of whatever's left over after that stuff. I would also be the one paying for the venue and typically would be the one that's doing the advertising also.

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