Answer the following statement(s) true (T) or false (F)
1. Big touring acts typically work for fixed or flat fees when touring nationally, so they don’t have to
worry about their pay being directly tied to ticket sales.
2. Because stadiums make more money from car parking and food/beverage sales than smaller venues,
the proportion of ticket sales going to acts is higher in stadium deals.
3. A few decades ago record labels often provided tour support for their artists because live
performances helped sell more records.
4. A good way to calculate a venue’s net revenue potential is to simply multiply seats by their ticket
price (not counting any freebie giveaway seats).
5. Record companies will buy blocks of tickets to concerts of their artists to be given away to local
influencers, such as disc jockeys and celebrities.
1. False
2. True
3. False
4. True
5. True
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