CHAPTER 6

Revenue Streams: Global Performing and Licensing

CHAPTER OVERVIEW

In this chapter we will examine the two broad areas of the performance sector that produce revenue streams for artist-entrepreneurs: performance royalties and live events. Entrepreneurial artists, bands, promoters, presenters, and producers tell the story of the live music industry. A proliferation of online tools is helping DIWO artist-entrepreneurs manage their shows and tours. For many groups, however, this is only a short-term strategy.

KEY TERMS

CISAC

Blanket license

Secondary ticket market

Recoup

Paper the house

Ancillary spending

Live Nation

AEG

Consent decrees

Technical rider

Artist manager

Booking agent

Sound technician

Talent buyer

Legal advisor

Presenter/Promoter ...

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