quote:

Originally posted by CODE 2) His record label has nothing to do with his performance fee's. The only one getting money from that is Him and his booking agent. So if he is getting 30K per shot. its actually $34 500 as the booking agent add %15...its not subtacted from his fee.

I believe he's in a 360 deal, which is beginning to get really popular with labels now. Basically the label gets 50% of all your revenues from every aspect of your career, touring, merchandise, album sales, etc. Except licensing.

___________________

quote:

Originally posted by GGM The $1.50 of $10 makes no sense. Maybe if you were talking about $10 worth of record sales in the 90s ya I would agree.

That sounds about right.

360 deal = record label keeps half.

Management should be getting about 20% but an artist at deadmau5's level or high could be giving their manager a lot less cause they don't have to do as much work promoting them. I've heard somewhere that Lady Gaga's manager is getting something like 3-5%?

The booking agency typically takes 15%, he's with William Morris Agency which is the biggest booking agency in the world too.

What I find fishy is why he would have to pay for his own flights, hotels, food that should all be part of his rider when they book him.

___________________

quote:

Originally posted by I_Am_Vince That sounds about right. 360 deal = record label keeps half. Management should be getting about 20% but an artist at deadmau5's level or high could be giving their manager a lot less cause they don't have to do as much work promoting them. I've heard somewhere that Lady Gaga's manager is getting something like 3-5%? The booking agency typically takes 15%, he's with William Morris Agency which is the biggest booking agency in the world too. What I find fishy is why he would have to pay for his own flights, hotels, food that should all be part of his rider when they book him.

When you pay the artist booking fee, the agency usually adds there cut ON TOP of that fee, so it's doesn't actually come out the booking fee at all. And as others have mentioned the hotel and flight are included so there's no cost there either.

If his booking fee is $100,000 as the article indicates, and he is in a 360 deal, then he's still making $50,000 per show. If he only plays once a week (which is unlikely) than that's $200,000 a month or $2.4 million a year. This isn't including income from that record deal or any sales on music/merchandise.

So yeah, he is a millionaire. Even if he made half of that per year, he's been doing it for enough years to still be considered a millionaire.

(if he averages two gigs a week, that's $4.8 mill a year!)

___________________
www.cammaxwell.com/ Facebook Group/ Fan Page

http://www.celebritynetworth.com/ri...mau5-net-worth/

He's not just a millionaire, he's a multimillionaire

___________________
Inrush - Soundcloud [New podcast! house, tech, prog, electro] <-- click to head over!

quote:

Originally posted by bucky It's amusing how people hang on every word he says and can't wait to try and rip him apart.. he posts an update on facebook and there's hundreds of replies in seconds.

Exactly. I saw the status, and laughed. But honestly, it was just a facebook status. It def. wasn't meant to be picked apart for it's level of truth in the real world. I'm not sure why anyone would take anything that guy says seriously in the first place? lol I actually feel bad for him in this case. It's sad that it's gotten to the point that people take his fb statuses so seriously, that they turn them into articles picking them apart! It's kind of pathetic actually.

___________________
Today's Post has been brought to you by the letter C.

___________________
No grown man listens to trance!!!!!!!

quote:

Originally posted by ~C~ Exactly. I saw the status, and laughed. But honestly, it was just a facebook status. It def. wasn't meant to be picked apart for it's level of truth in the real world. I'm not sure why anyone would take anything that guy says seriously in the first place? lol I actually feel bad for him in this case. It's sad that it's gotten to the point that people take his fb statuses so seriously, that they turn them into articles picking them apart! It's kind of pathetic actually.

When you reach a certain fan following/level of success then it comes with the territory that your fb status updates/tweets are representative of your thoughts/beliefs - at what point those updates become 'newsworthy' is a matter of debate but if a hollywood star or lady gaga had a similar update (regarding their earnings) then you best believe the 'media' outlets would be all over it.

___________________

"In a world of illusion you only see what you feel"

come on..really? no $$$? damn it

___________________
It is time

If I started caring about what other people make financially, rest assured it wouldnt be some guy with a gimmick on his noggin.

___________________
"And in the end, it's not the years in your life that count. It's the life in your years."-- Abraham Lincoln.

quote:

Originally posted by bucky .. he posts an update on facebook and there's hundreds of replies in seconds.

That's prob the funniest thing I joke about with my son when I happen to catch it. Two minutes will go by and there's already several thousand likes, and two hundred replies. Do they wait online for every second to go by just in case he posts something? Granted he popular with his fans, but that seems a little crazy... LOL.

___________________
GrooveENERGY Website
Me on Facebook

Kids these days are retarded, Francis...

___________________

quote:

Originally posted by chinamon chinamon is INCH MOAN. LOL so fitting.