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-- $20 million a year...
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$20 million a year...
http://www.hollywoodreporter.com/ne...-new-web-203867
and here's a pie chart that has no relevance
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Jesus Christ.... Tiestorly? 20 mill? That would place Armin higher on the food chain, eg more rich? FffffffffffFFFFFFFFFFfffffffffffFffffUUUUUUUUUUU
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| Originally posted by aNYthing Jesus Christ.... Tiestorly? 20 mill? That would place Armin higher on the food chain, eg more rich? FffffffffffFFFFFFFFFFfffffffffffFffffUUUUUUUUUUU |
One thing I never expected in the same sentence was "Tiesto" and "wsj" but there you have it...
http://online.wsj.com/article/SB100...2190118978.html
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| Originally posted by CalvP He's a fu*king DJ!! for the love of god Jimi Hendrix was a pioneer on stage, Muhammad Ali was a leader on the big stage, all this guy does is gurn & wave while playing other peoples music At the end of the day his marketing team have created a huge corporate brand worth millions to potential collaborators, you can't say anything but fair play to them. But personally i hate this whole "trendy club scene" bandwagon we're seeing atm & the more i see, the less i believe we will ever see another golden era of great underground edm |
I'd be curious to see the breakdown of where the 20 million is generated from. His management must take a healthy dose of that. Then, there is ascap and BMI, touring staff,travel,etc.
He may get that gross that but his net has got to be huge as well.
$20m a year. I love this sort of crap.
It happened to Judge Jules back int he day as well. He was doing some documentary and a PR company was trying to hype it so got the sun to do an interview.
next thing you know, even Jules himself is surprised to learn that he apparently earns �100,000 per set.
The most a Dj has ever been paid was Junior Vanquey for his final set (ever) at MOS in london, and he got paid �10,000 per hour for a near 10 hour set.
I think technically, Tiesto made more money from his stadium gig, Tiesto in Concert as he was essentially the promoter, and took the majority of the ticket sales (35,000 x $50 = $1.75m).
He probably makes a couple of million a year from merchandise, but even then, I think $20m per year is exaggerated by at least $10m, and I'm not even talking about taxes and expenses.
It does seem like a lot, average booking i'd guess is 40k.
40k x 3 nights a week x 52 weeks = 6.2 mil
special events (holidays, NYE, etc) = 3mil (30 shows at 100k each)
festivals (ultra, sensation, etc) = 2-3 mil
sponsors (armani, who else?) = 1mil?
Royalties = 100-500k a year i would guess
that's around 15 mil and i think special events + festivals could probably be lumped together.
he may have more sponsors or other businesses i don't know about, interesting to break it down
this is what i've heard, this was several years ago:
tiesto costed about 40k an hr. Minimum of 2 hrs per booking except for some special cases.
Also he made more than 200kin advance on royalties from playing his own music at the olympics, let alone his fee.
I wouldn't be surprised if armin made more than tiesto. Armin seems a bit more business minded.
Patatoes, patatoes, tomatoes tomatoes. I just want to see people having fun at what they do, and detect a sincere passion for music at some level. Only tiesto falls in that ctegory imo.
And if you look at his tour schedule, the guy is a freakin machine!
D:
harrowing
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| Originally posted by Zombie0729 It does seem like a lot, average booking i'd guess is 40k. 40k x 3 nights a week x 52 weeks = 6.2 mil special events (holidays, NYE, etc) = 3mil (30 shows at 100k each) festivals (ultra, sensation, etc) = 2-3 mil sponsors (armani, who else?) = 1mil? Royalties = 100-500k a year i would guess that's around 15 mil and i think special events + festivals could probably be lumped together. he may have more sponsors or other businesses i don't know about, interesting to break it down |
I read about this 20mil a few months back. Maybe its not all what he walks away with but its looks possible for sure for money generated. Someone mentioned most paid dj ever or something along those lines? That price has been beat by now. My friend works for one of the major festivals here in the uk. He told me deadmau5 picked up �100,000 and david guetta �140,000 both playing at the festival.
Allegedly, Joel (the mau5) is commanding $100k for large gigs and festivals.
Not bad for a TA!
Tiesto is playing a gig here at a very small venue in Hollywood very soon, with tix costing $100 a go and only 800 capacity.
It is probably already sold out. That's $80,000 right there and he's probably keeping at least half that. Not bad for a few hours work in your local club.
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| Originally posted by DJ RANN Tiesto is playing a gig here at a very small venue in Hollywood very soon, with tix costing $100 a go and only 800 capacity. It is probably already sold out. That's $80,000 right there and he's probably keeping at least half that. Not bad for a few hours work in your local club. |
| quote: |
| Originally posted by Zombie0729 It does seem like a lot, average booking i'd guess is 40k. 40k x 3 nights a week x 52 weeks = 6.2 mil special events (holidays, NYE, etc) = 3mil (30 shows at 100k each) festivals (ultra, sensation, etc) = 2-3 mil sponsors (armani, who else?) = 1mil? Royalties = 100-500k a year i would guess that's around 15 mil and i think special events + festivals could probably be lumped together. he may have more sponsors or other businesses i don't know about, interesting to break it down |
Don't big "content" generators get paid by the likes of Youtube? I know it ain't "much" (maybe under 200K or so) but still money.
http://finance.yahoo.com/tech-ticke...ear-535349.html
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| Originally posted by DjWoody That party is tonight, and it's still NOT sold out. I'm actually surprised it isn't. |
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| Originally posted by turpentine i can assure you tiesto's booking fee is alot more than 40k/gig. you also negelected merchandise sales, profits from blackhole, etc. |
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| Originally posted by CalvP the less i believe we will ever see another golden era of great underground edm |
| quote: |
| Originally posted by Evolve140 Well, unless you become a god at producing, and just say fuck the labels and go all underground with your skills. I already say fuck Beat Port. Club music is getting WAY too trendy, when shows how truly fickle people are for bashing on it for years and now they get all fucking wet for horrible, half-witted dance floor tracks coming out of left field. ****s, ****s, ****s. Pseudo electro pop dance house crap. But, there is so much bad ass music that keeps me lubed up and inspired to keep making my own music and it's a beautiful cycle, so I can't complain. I don't really care what other people do with their time beyond that. Damn, can't say ****s. |
Sick pie chart bro.
| quote: |
| Originally posted by CalvP He's a fu*king DJ!! for the love of god Jimi Hendrix was a pioneer on stage, Muhammad Ali was a leader on the big stage, all this guy does is gurn & wave while playing other peoples music At the end of the day his marketing team have created a huge corporate brand worth millions to potential collaborators, you can't say anything but fair play to them. But personally i hate this whole "trendy club scene" bandwagon we're seeing atm & the more i see, the less i believe we will ever see another golden era of great underground edm |
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| Originally posted by Richard Butler Calv, I think it's always been thus. Look, Marilyn Monroe was not the best actor of the time yet she was a publicity conduit, and that puts bums on seats, it really is that simple. People maoned about high grossing actors like Arnie and Brue Willis claiming they did not deserve thier fame and fortune as they were just hunks of meat with little acting depth, but again what they were is publicity conduits. We just have to get over this notion that only 'true' and 'pure' artistes should be King. In the end Tiesto brings enough fun and a certain experience to a willing public, so there is no mystery and nothing unwarranted. Junk food is often loved too! |
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