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$20 million a year...
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| aNYthing |
| Jesus Christ.... Tiestorly? 20 mill? That would place Armin higher on the food chain, eg more rich? FffffffffffFFFFFFFFFFfffffffffffFffffUUUUUUUUUUU |
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| Zombie0729 |
| quote: | Originally posted by aNYthing
Jesus Christ.... Tiestorly? 20 mill? That would place Armin higher on the food chain, eg more rich? FffffffffffFFFFFFFFFFfffffffffffFffffUUUUUUUUUUU |
their booking fees are about the same here in the states, i'd imagine their figures are similar. |
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| aNYthing |
| quote: | Originally posted by CalvP
He's a fu*king DJ!! for the love of god:haha:
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:rolleyes:
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:( |
you're looking in wrong places. Look underground, away from main stage. It's there.. |
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| scorpradio |
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. |
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| DJ RANN |
$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. |
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| 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 |
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| Storyteller |
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. |
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| scorpradio |
| And if you look at his tour schedule, the guy is a freakin machine! |
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| DJ RANN |
| 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 |
Could well be true then, but 15% goes to his agent. another 15% goes to his manager. Then his PR company and publicist are taking a cut if not a huge retainer (one for each territory), then his lawyers, then there's his production company and roadies to pay, and so on....until you get to taxes, and even with clever accounting, I reckon he's getting less than $3m a year free and clear.
Mo' money, mo' problems. |
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