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GN'R no.8 in this week's Billboard Hot Tours


LEARNING PROCESS

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I did some calculations for the concert I'm attending here in Belo Horizonte.

In my top expensive costs guesstimate, and supposing my city's venue will hold only 11,000 people (it holds actually 25,000 but the producer only put 11,000 tickets available so far) and supposing GnR's fee is 750,000 dollars, venue rent is 500,000 Reais (Brazilian Currency), the ending profit for the producers would be 255,000 Reais, or 140,000 U.S. Dollars.

If all of the Brazilian concerts were as small as this (and they're not), total profit of the tour here would be U$ 700,000.

Like I said my guesstimate is based on a pretty expensive band fee, extremely expensive venue rent, and low ticket sales (11,000 per city). Yet, it's a fine result, good looking profit IMO. What do you guys think?

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