1. Artist and Management: A significant portion of the ticket revenue goes to the artist or band performing at the concert. This amount can vary based on the popularity and status of the artist. The artist's management team, including agents and managers, also receives a percentage of the revenue for representing the artist and handling various logistical matters.
2. Concert Promoter: The concert promoter is the entity that organizes and presents the concert. They incur significant costs related to venue rental, production, marketing, staffing, and security. A substantial portion of the ticket sales goes to covering these expenses and generating profit for the promoter.
3. Venue Rental: The concert venue, whether it's an arena, stadium, or theater, charges a rental fee for hosting the event. This cost can be substantial, especially for larger venues. The rental fee may include access to the facility, basic infrastructure, and some technical support.
4. Staffing and Labor: Concerts require a large number of personnel to ensure the smooth running of the event. This includes security personnel, ushers, stagehands, sound engineers, lighting technicians, medical staff, and concessions workers. The cost of hiring and compensating this workforce is covered through ticket sales.
5. Production Costs: Putting on a concert involves various production elements such as stage design, lighting, sound equipment, special effects, and video screens. These production costs can be significant and are financed through ticket sales.
6. Ticketing Fees and Service Charges: When you purchase concert tickets, you may encounter additional fees and charges. These might include ticketing service fees, processing fees, and taxes. These charges help cover the costs associated with ticket sales, including online platforms, customer service, and transaction processing.
7. Marketing and Advertising: Promoting a concert requires marketing efforts, such as print advertisements, social media campaigns, and radio promotions. These expenses are covered through ticket sales to reach a wider audience and generate interest in the event.
8. Merchandising and Concessions: Concert venues often have merchandise booths where fans can purchase official merchandise related to the artist or event. Additionally, concessions stands sell food and beverages during the concert, contributing to the overall revenue.
It's important to note that the specific distribution of concert ticket money can vary depending on the scale of the event, artist popularity, venue size, and local or regional factors. Concert organizers aim to balance expenses and revenues while creating a memorable and enjoyable experience for concertgoers.