MUSIC-UA 100 Lecture Notes - Lecture 12: Live Nation Entertainment, Mechanical License, Stubhub
Document Summary
Topics: concert production cont"d & digital millennium re-cap. Fees/splits (flat fee/percentage of net revenue including tickets sales, merch, etc. ) Expenses allowed promoter expenses including max allowed. Tickets specifics on ticketing procedures (printing, security, retaining unsold stubs) Free tickets specific # of free tickets given to artist, limited amount promoter can give away without artist consent. Usually artists want 100% headline & approval over other artist bills. Merchandising language required by merchandisers granting them exclusive right to sell your merch at hall. Legal addresses cancellation policy, bad weather, riots, mechanics of payment. Giving away unsold tickets to fill seats. % of net profit made by merch company (75%) Basic service fee to user, upgraded service at cost to user. Ad dollars account for roughly 90% of the budgets of streaming radio, podcasts, Mechanical/interactive streaming (aka on demand i. e. spotify) Requires music use license from sound recording owners. Audio visual - games/apps/karaoke (ie: digital tv/youtube, hulu, vevo, vimeo)