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drEamer
Supreme tranceaddict
Registered: Aug 2002
Location: Madison, Wi
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| quote: | Originally posted by jonmitz
looks like there were 40-50 djs per day, not including the other performers. 7 mill would be ~45k/dj avg
e: i don't know how or if this helps, but there you go | we all know Tiesto, Guetta and SHM got about 300k each tho...LOL.....
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Dec-08-2011 22:51
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Cool1g
Supreme tranceaddict
Registered: Apr 2006
Location: Hollyweird, CA
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Dec-09-2011 01:35
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drEamer
Supreme tranceaddict
Registered: Aug 2002
Location: Madison, Wi
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figure 235 x 90,000=21.15 million....+ the upcharge for whoever bought VIP.....maybe 22 million.....probably netted 5 million maybe
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Dec-09-2011 02:28
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Cool1g
Supreme tranceaddict
Registered: Apr 2006
Location: Hollyweird, CA
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Dec-09-2011 03:16
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Cool1g
Supreme tranceaddict
Registered: Apr 2006
Location: Hollyweird, CA
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Dec-09-2011 03:20
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neskryk
tranceaddict
Registered: Apr 2011
Location: San Francisco
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| quote: | Originally posted by Cool1g
i think they best case broke even this past year (and my best guess is they lost $)... but in the big picture considering the move to Vegas and setting the stage for future EDCs there i think they are fine. Tickets for 2012 started at what, $200 i think? so their gate should get close to $20mm next year and maybe exceed it. |
Agree. Insomniac either made a minute profit (relative to 2010) or just broke even with last year's EDC if we go by what they charged versus attendance. But the long-term strategy is definitely set for large profits with partnerships at all the major Vegas clubs set up this year and large advertising opps.
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Dec-09-2011 05:12
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stuckinmyhead
tranceaddict in training
Registered: Apr 2011
Location: Philadelphia, PA
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you guys also need to factor in all the money they made selling water, food and stuff like that.
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Dec-09-2011 05:24
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Cool1g
Supreme tranceaddict
Registered: Apr 2006
Location: Hollyweird, CA
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| quote: | Originally posted by stuckinmyhead
you guys also need to factor in all the money they made selling water, food and stuff like that. |
well water was free... remember? 
actually what they do is just sell concession rights to outside parties instead of handing it themselves.
between VIP upgrades, table service and concessions i'm sure they took in another $1-2 million over the base ticket sales, but they still grossed a # that starts with a '1' i'm pretty sure of.
remember the supposed quoted attendance was 235,000, which is 78,333 average per night, before comps.
We know 3-day passes never went to $200+ until the last day or two before the show ran. if you want to say 72,500 tickets at $175 average (including VIP and price increaes) that's $12.7mm in sales. So $15-16mm seems pretty accurate to me.
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Dec-09-2011 05:49
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drEamer
Supreme tranceaddict
Registered: Aug 2002
Location: Madison, Wi
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tickets with fees were 235, 6 weeks before the event......cuz thats when i bought mine....i ended up getting comped, so i sold my ticket.....but yea
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Dec-09-2011 16:56
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