Indie Band Makes $136,000 And Still Loses Money
Written by Ric Chetter on November 26, 2014
This is Pomplamoose. They are an indie band who recently wrapped a 28 day tour. On that tour they pulled in $135,983 in revenue. The cost of the tour? $147,802. That is a loss of $11,819. 72% of their income came in the form of ticket sales. 22% came from merchandise and a sponsorship.
Where did the money go? Here’s a little breakdown. They spent $16,463 on commissions, $17,589 on hotels and food and $26,450 on “production expenses: equipment rental, lights, lighting board, van rental, trailer rental, road cases, backline.”
Was it worth it? They said it was. Here’s the full article.
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