With Coachella on the near horizon, it’s almost time for the summer music festival season in North America. Billboard helpfully deconstructs where all the money goes from your festival ticket and sponsorship dollars.
Paycheck $5 million to $25 million
Description Stages the festival, books talent and oversees every aspect of the experience. Also, takes the financial risk.
Agent/booker for main-stage headliner
Paycheck $15,000 to $200,000
Description Artist reps secure a prominent festival spot for an act and earn either a flat fee or 2 to 10 percent of the talent’s income.
Paycheck $1 million to $4 million
Description Top-tier performers often earn several times more for a festival than they would for a stand-alone show.
Speaking of the above, Billboard also has this story about how multi-million dollar paycheques can solve a lot of internal issues.
Meanwhile, there’s more on the who-makes-what story. Keep going.