CRI 620 Study Guide - Midterm Guide: A Plus (Aplus.Com), Fire Safety, Break Even

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The total ticket revenue possible on a sold-out show, before taxes and deductions. Only the price for advance tickets is used in this calculation: net gross potential. The total ticket profit possible on a sold-out show, after taxes and deductions: holds / hold status. Either the agent or promoter will hold a venue for a potential show. The hold status is the position at which they are holding - first, second, third, etc. When in the second or greater position, a challenge can be issued, meaning those holding in a higher position (starting with 1st) have. 24 hours to make an offer for the show: avails. The availability of a room or artist over a certain period of time: expenses. The cost involved in producing a show. 15% (typically) or the show"s net gross potential, included as a show expense. Offered when the promoter is providing an artist fee and incurring risk on a show.

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