Expand mobile version menu
  Skip to main content

Real-Life Activities

Real-Life Communication

Profit margins in the concert industry are small. Unforeseen and unexpected expenses can ruin the bottom line quickly.

Communications skills are therefore very important if you want to work as a concert promoter, says Markian Saray, an independent promoter.

"Everybody tends to 'misunderstand each other' in order to [get] more money," he says.

Such deliberate misunderstandings do not have to happen if you can draw up clear and concise contracts that cover all areas of the relationship between the artist and the promoter.

Whenever an American act crosses the border to play in Canada, for example, it must pay an immigration fee. Local promoters usually deal with this fee. But sometimes there are questions about how much they have to pay.

You worked with promoters in seven other cities to book three acts on the same bill. Your share of the immigration fee is $50 per act, as agreed upon by everybody in the signed contract.

But the manager of one act -- let's call him Marvin Drue -- wants you to pay $50 per person, not per act. Why? Because his client wants to bring his brother and a friend along, even though they are not listed as part of the act crew.

He is starting to throw a fit. He says his client will walk away from the show if he you do not give in to his demand.

That would cost you another $100. How do you respond?

Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

Support


Powered by XAP

OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.