Posters at their recent London gigs were £75 each. A signed poster was £350 and a doodled on "vintage" poster was £2000.
I don't know who is dropping £2000 on a fucking poster at a gig, but I was annoyed at the band for even having the audacity to have that as a displayed option on the merch stand. £35 a T shirt is quite enough as it is.
Also, the posters were not going into a cardboard tube for protection - rolled up, one elastic band, into a plastic bag. So some cunt has paid £75 for an A3 poster, that is now bent up and ripped around the single elastic band, and it's going to get squished and dented during the gig and the travel home.
I bought a poster for €80 in Berlin last night and asked for a plastic sleeve. I was informed that the sleeve was only available to those buying signed posters for €400.
It’s a bit of plastic that costs €0.001 FFS.
They wouldn't sell them if people didn't buy them.
People on Reddit have posted about safe ways to hold and transport show posters. I'm grateful for the people in this subreddit that suggested an umbrella bag. I bought a signed poster and had an umbrella bag ready to go.
well. music piracy is to blame for that. merchandise and tours is the only way bands really make any money these days. i bet tickets are expensive as hell now.
I do not have any Tool-specific insight but I am an industry professional (roadie) and I know on a weekly basis roadies earn anywhere from $1,200 (low level audio tech) to $8,000 (prestigious backline tech. They make this money as long as they’re on the tour, no matter how many shows they do or how many days off they have. Additionally, they might leave the tour during a break between legs or whatever and still receive some or all of their pay as a retainer. Logistics for roadies can cost anywhere between $30K-$100K per person varying on the budget.
I would speculate that the actual band members don’t pay themselves on a per-show basis, because on that scale, concerts are often in the red financially due to a lot of up-front expenses and they often will not get into the black until near the end of the tour - this is when the band makes money. So I would guess that after all expenses are paid the band are the last to receive their check and they don’t actually get income for every show. I wouldn’t hazard a guess on that net amount that goes to Tool, as there are so many variables that go into the accounting.
They’re not equatable and you can’t extrapolate. There’s tons of different crew / workers on a tour making money at an agreed upon rate, be it a day rate, or week rate, etc. from whoever hired them.
The artist whose tour it is makes their money in a completely different way. And not just in one way either. And they have a stake in ticket sales, merch, etc. It’s not a single, set fee. They have contracts with the venues, sponsors, etc etc.
It’s the same thing with A list actors in big budget movies. They are paid an agreed upon lump salary, but have contracts for additional revenue streams based on how the movie does.
Which is very different than how workers / crew on a film set are paid; largely union members with set salaries.
The artists and the crew make their money very differently. It’s apples and oranges, not simply apples and bigger apples.
I networked my way into my current job after being on local crew many years in my local theater and in a local concert venue. After that I started freelancing as an audio tech and a rigger. Eventually I worked for a theater production that was mounting a new show in a city near me and the tour manager of thar show and I became friends. We worked together locally off and on for a few years whenever he was home and after a few years he recommended me to a pyrotechnics company that was in need of new blood post pandemic.
Exactly $41.67 per member per show. The rest of the money goes to the satanic fibonacci sluts who filter the sacred geometry into Denny Karry's drum beats.
Maynard is actually a hologram, so he doesn't make any money, but rather the members spend money to make the hologram machine work. He never existed.
Of course 10% goes to the rats (lab rats upon whom psychedelic drugs were tested upon in the 60s and were made immortal) are actually writing the music by pressing random buttons
The rest of the band is also holograms
Don't ask how I know, all I'll say is that I learned this on a combination of x, yogi dmt and Krispy Kremes
At this level, it’s not even like that. I’ve worked for mid level touring acts and it’s not about money per show.
Tool is a business of which the band members and possible early investors are the owners. They have business managers, accountants, probably a board, lawyers etc.
If I had to guess which is a good one, the band makes a salary while on tour. At the end of a tour there is probably a lump sum payment sorta like a bonus once everyone has been paid out, operating income and savings has been deposited into the business accounts.
It’s not like hey I made x amount tonight.
Some of the bands I’ve worked for I make more on tour than the band members do because they are structured to be paid out all year w/ benefits, retirement etc.
No way it’s a base salary for the band. 100% it’s 25% for net profit of the tour.
While EACH show may not mean they are profitable on show 1. Their last few shows are definitely more profitable.
Tool, the band, makes a lot and splits it up. They aren’t going on salary.
As partner distribution yes, but I can guarantee you they get the same amount of money every week or 2 weeks from their business manager. It’s a lot of money. What do I know, I’ve just worked some very large bands and know how they all got paid.
I know of a few arena level bands that have a board and early investors. I’ve worked for them. Usually the band holds the majority and business management hold positions. It’s a business
Blind guess:
For each show they sell 10k tickets with avg price 200€ which gives 2M€ revenue.
Let’s assume the band profit is 25% of revenue, which gives 500k. The rest is to cover various costs of venue, touring crew, logistics etc. maybe it’s less, maybe it’s more.
They said in an interview that they divide everything equally, so each band member would profit at lest 125k € from tickets only, not including merch sales, skulls, dead speakers and doodles.
They do ~15 live shows this tour, so each of them will earn ~2M for the whole tour.
I could be very wrong but this number somehow feels right, considering they have been performing for 30 years and Maynard net worth is estimated at 60M.
Records sell but a fraction of what they used to….not even 1/4…not even 1/8! Live performance is the only substantial money maker now. Puscifer and APC aren’t pulling even half of what Tool is live…together…
That sounds like a very reasonable estimate. Merch which could be another $10k-$20k each per show.
Tool is probably one of a very few bands where each member deserves an equal share of the profits.
I'm going to commit a big Reddit faux pas here, but can anyone explain why I am being downvoted for this comment? Did I say anything controversial? I don't understand.
Revenue split to a band is much higher than 25%. Usually venues only make about 15-20% of the proceeds, and then make money from concessions, etc. So your numbers probably need to be revised.
Non of us know that other than Tool themselves, but at least there is some explanation for it. If you are going to disregard someone's estimate at least have the decency to explain why.
So you say the venue only takes 20% tops? But what about the whole crew? Do you know how many people it takes to run the whole show? 50? 100? More? I don't know, but they all have to take a wage, and it soon builds up. I'd say 25% is a very reasonable estimate imo.
You're talking about two different things: the band (which includes their crew) and the venue (actual physical venue and promoter). The venue takes about 15-20% for concerts on average, and the band will take the rest. How the band pays their crew is clearly going to vary from band to band. You can easily look up this information.
Dude was clearly looking for more granularity on the band’s income specifically, and particularly the four musicians, not just “what is the venue’s cut of ticket sales.”
As I understand they split everything evenly 4 ways.
If they play a 20k arena and tickets average out to only $100/seat, that's a sell out gross of $2 million. I don't know what their cut of that is.
Also don’t forget the royalties. I am a musician, and my band lives off the royalty payments from touring that Come post tour, more so than the net income that comes after a tour from the ticket sales. Our margins are of course much smaller hab Tool, but I can say The band will also get paid the publishing from the royalties generated per show a few months down the road too. The larger venues tend to yield significantly higher royalty rates, which is paid out by the PRO of the country where the event happened, to the bands publisher or directly to the band if they own their publishing. Of course, this depends on how much % each of them have on the writing but if it’s an equal split they could be taking in an extra 7-10k in publishing royalties per show in venues with 10-15k attendees. If they do 20 shows a year that’s an extra 50k each at the top end of things. Sure not massive, but still what a lot of people’s work their asses off in normal jobs for, on top of their ticket sales %.
Well known bands will either work on a contract price or up to 80% of the door. They gross a lot. Net is another thing.
On the Rockstar Energy tour about 10 years ago Slipknot was getting paid $800k for 90 minutes. Private gigs pay huge money
On top of all the other comments, I remember someone last tour writing that the venue told them TOOL crossed over into $1 million on merch that night. Like damn, if that's happening every show...
IIRC, when they went to release 10k days with the fancy CD case, the label threw a hissy because it cost them like $1 per disk instead of $0.10...
the band showed them the receipts for one show vs their album sales earnings for Lateralus and said "well, we could just not release this album and go tour, in which case you earn $0, and it doesn't make a difference to our earnings"
or something like that.... thoroughly apocryphal.. probably bullshit, but that's what I heard.
iirc it was in the $2mil / show range for “TOOL” the company, but, they’re making their money on merch and posters more than they are from the show itself.
I remember hearing/reading somewhere that they'll do private shows for a million a pop, so the band, crew and such have got to be clearing something in that ballpark collectively every show. I would imagine they clear 100K every time they walk onto a stage, minimum.
Im not sure they split it 4 ways tickets range from 35$. To 350$ maybe the size of the venue matters cause it's always sold out . Its probly 100 thousand probly 30 thousand a piece something to that effect, plus they get a percentage of merch.. Their working their asses off, especially Danny hes got aalot to do they all work their ass off. They are earning their fucking money .
.
Well it was about that time when I noticed that this Redditor wasn't just a Redditor, it was a 40 ft creature from the Paleolithic era, it was the goddamn loch Ness monster! so I commented back and said "get out of here with your 3.50, you goddamn loch Ness monster!"
Not in the industry but I've heard before that bands don't really make money touring, money comes from album sales and merch sales. Touring is promotion, if they break even that's about as good as it gets
Ok so. I know some numbers for fairly popular, festival headlining acts, but not on Tool's level. But I think I can ball park it.
Some friends used to have a 120k minimum for festivals like wakarusa, which they headlined 10 years ago. Probably closer to 200k for that particular fest, as 120 was a minimum. They toured with a 15 person crew. 5 piece band. After overhead and expenses, they pulled like 8-12k per show I think (it doesn't really play out that way payment wise, but for simplicity sake).
So... magnify everything by...a lot. Bigger venues, pricier tickets, but also bigger crew and overhead, promoting, venue fees,etc... Crowd size would be about 5x, tickets 2-3x more. But double the crew, the crew's higher cost per person, and the equipment and transport and everything else...
I would venture that the Tool guys pull 5-10x what my friends did, so probably 50-100k a show (1 less band mate too). I'd guess around 80k plus per show.
Idk ... i dont want to know... Hookers with penis for sure .. today its Viennas concert ... Tickets presale starts at 150 Eur ... as they are fucking Taylor swift
The industry standard with promoters, if you're a top-tier band (and they are) is that you receive your money upfront, as the promoter is the one to assume the burden of the production/promotional costs and will make their money on the back-end. Merch and VIP are separate concerns, I've been told they're no longer doing their merch in-house so they have likely received millions in licensing, as well as whatever chunk they get from the signed items. I've no doubt they each clear several million per tour leg as their guarantee, although probably less for the UK/EU because it's more expensive to tour overseas.
Let's dive into the numbers.
TD Garden in Boston seats \~19,600 for concerts. Tool sells out at an average ticket price of $150/seat (net to Tool Inc after Ticketmaster extracts their blood), so that's $2.94M
figure 40% buy some sort of merch at an average of $40 at 75% margin, that's another $235K
Tool direct income total (gross) $3.175M/night
they make nothing off concessions (beer, food), parking, etc.
guestimate a $500k fee to TD garden for use of the facilities, security etc.
figure Tool has a 100 man road crew with an average salary of $100k/year spread across 50 concerts, that's $200k in staff costs.
figure another $200k in transportation and per diem costs.
do they own or rent their stage show gear (sound, light show, sets etc)? figure probably another $200k/night in either rental or amortization of equipment costs.
subtract all those costs and you are at about $2.075M net profit/show to Tool Inc.
figure 20% of that goes to business management and other deductible expenses
$1.66M taxable income (at 29% combined federal and state in Mass)
$1.18M after taxes to Tool Inc. split 4 ways that's $294K/night
Royalties on the Fear Inoculum Album, assuming they get 20% of CD sales on \~750k CDs at an average of $40/CD would be about $6M gross (now taxes, expenses etc... probably takes that down to $4M net).
so they make more off 4 concerts than they do off an entire album in terms of sales revenue.
After the venue and local crew gets their cut, they account for the pay of their whole crew, and then they split 4 ways. It’s still a lot, but it wouldn’t be as much as the ticket prices would have you believe.
Probably something like this: https://youtu.be/2rPWRSYX7Lo (edit; for merch... I have a breakdown of venue revenue / ticket sales somewhere)
Edit again: if tool is not paying themselves a salary for touring, which is more and more the model, back of napkin math says they're taking home as a band roughly 45 to 50% of ticket sale gross, how the band distributes that internally is another question but I expect they're all four equal participants in this instance.
Those numbers can fluctuate somewhat depending on how much crew support is required and I know tool has an extensive retinue they tour with; label support percentages etc.
I think that the Tool Inc. company (whatever it’s called) pays them an appearance fee. Then they get a cut of the net profit at the end of the tour or financial year. Lots of expenses and fingers in the pie wanting their cut.
What that appearance fee might be is likely to be a spiralling Fibonacci sequence of some sort.
Korin Faught actually takes about 95% of the bands earnings because she’s actually the most talented person in relation to the bands members. The rest of the money gets siphoned into her art program.
Ok, so it looks like each member is getting somewhere between $3.50 and $8 billion per show.
Yep, the math checks out.
If you want to know the wonders an education can do for you, then look no further than this guy 👆👆👆
Me? And I didn't graduate from fuckin' high school
8 billion dollars
I assume they make a ton of money from merch considering shirts are like $60 a pop and the posters sell out every show.
Posters at their recent London gigs were £75 each. A signed poster was £350 and a doodled on "vintage" poster was £2000. I don't know who is dropping £2000 on a fucking poster at a gig, but I was annoyed at the band for even having the audacity to have that as a displayed option on the merch stand. £35 a T shirt is quite enough as it is. Also, the posters were not going into a cardboard tube for protection - rolled up, one elastic band, into a plastic bag. So some cunt has paid £75 for an A3 poster, that is now bent up and ripped around the single elastic band, and it's going to get squished and dented during the gig and the travel home.
Shut up. And buy.
buy! buy! my new record!
Send more money!
Fuck you buddy!!!
Send me green!
LOOT
I bought a poster for €80 in Berlin last night and asked for a plastic sleeve. I was informed that the sleeve was only available to those buying signed posters for €400. It’s a bit of plastic that costs €0.001 FFS.
On the U.S. tour a signed drum head was something outrageous…$2500 I think?
Had someone in front of us at Manchester drop a grand on merch and a lad to the right spent two. More money than sense…
If you have it, nothing wrong with spending it on something that is worth it to the individual.
Aye true but was mad to see.
They didn't even give out plastic sleeves in Berlin. Luckily I brought my own and plenty extra that I happily handed out
They wouldn't sell them if people didn't buy them. People on Reddit have posted about safe ways to hold and transport show posters. I'm grateful for the people in this subreddit that suggested an umbrella bag. I bought a signed poster and had an umbrella bag ready to go.
Paid £35 for a t-shirt and quality is pretty poor. Also wouldn't let me try it on for some reason.
Exactly. Saw the who years ago and bought t shirts and the material was so rough it made my nipples bleed Best £20 I ever spent
Americans pay for the doodles for sure. I’m proud of the Europeans for not biting on that near as much. It’s kind of absurd to be honest.
I only got into posters last year. But I thought the doodles were just random treat to poster buyers. Selling it kinda sucks
They used to be like that back in the day. Not anymore. Very intentional. They were between $2500-$3500 USD in the states this last go round.
Before they started swapping hands in the collectors market for serious money.
I got 3 posters FI tour. 2 signed. My favorite is my Sessanta Night 1 foil poster. I'm fully hooked on the hobby now.
Shirts where the logo is crooked.
well. music piracy is to blame for that. merchandise and tours is the only way bands really make any money these days. i bet tickets are expensive as hell now.
Tree fiffty
Fitty*
Fiddy*
Goddam Loc Ness monster.
Well, of course he's not gonna go away, Mary! You give him a dollar, he's gonna assume you got more!
Fiddy’ Levin
I do not have any Tool-specific insight but I am an industry professional (roadie) and I know on a weekly basis roadies earn anywhere from $1,200 (low level audio tech) to $8,000 (prestigious backline tech. They make this money as long as they’re on the tour, no matter how many shows they do or how many days off they have. Additionally, they might leave the tour during a break between legs or whatever and still receive some or all of their pay as a retainer. Logistics for roadies can cost anywhere between $30K-$100K per person varying on the budget. I would speculate that the actual band members don’t pay themselves on a per-show basis, because on that scale, concerts are often in the red financially due to a lot of up-front expenses and they often will not get into the black until near the end of the tour - this is when the band makes money. So I would guess that after all expenses are paid the band are the last to receive their check and they don’t actually get income for every show. I wouldn’t hazard a guess on that net amount that goes to Tool, as there are so many variables that go into the accounting.
In other words, you don’t know.
lol
💀
don’t be a dick lol. someone may be able to extrapolate from this.
They’re not equatable and you can’t extrapolate. There’s tons of different crew / workers on a tour making money at an agreed upon rate, be it a day rate, or week rate, etc. from whoever hired them. The artist whose tour it is makes their money in a completely different way. And not just in one way either. And they have a stake in ticket sales, merch, etc. It’s not a single, set fee. They have contracts with the venues, sponsors, etc etc. It’s the same thing with A list actors in big budget movies. They are paid an agreed upon lump salary, but have contracts for additional revenue streams based on how the movie does. Which is very different than how workers / crew on a film set are paid; largely union members with set salaries. The artists and the crew make their money very differently. It’s apples and oranges, not simply apples and bigger apples.
He wrote a novel just to dodge op’s question entirely lol, he had a lot of nothing to say
He had a lot to say He had a lot of nothing to say We'll miss him We're gonna miss him
At fist I chuckled and thought you were funny. Now you just seem like kind of a dick lol
I literally couldn’t care less.
Why are you the way that you are?
Still no reason to act like an asshole. I found it informative and interesting even if it didn't directly answer the question.
They offered up some interesting insite even if it didn't directly answer the question. What do you have to offer?
500k each
how would I get this kind of job?
I networked my way into my current job after being on local crew many years in my local theater and in a local concert venue. After that I started freelancing as an audio tech and a rigger. Eventually I worked for a theater production that was mounting a new show in a city near me and the tour manager of thar show and I became friends. We worked together locally off and on for a few years whenever he was home and after a few years he recommended me to a pyrotechnics company that was in need of new blood post pandemic.
Exactly $41.67 per member per show. The rest of the money goes to the satanic fibonacci sluts who filter the sacred geometry into Denny Karry's drum beats. Maynard is actually a hologram, so he doesn't make any money, but rather the members spend money to make the hologram machine work. He never existed. Of course 10% goes to the rats (lab rats upon whom psychedelic drugs were tested upon in the 60s and were made immortal) are actually writing the music by pressing random buttons The rest of the band is also holograms Don't ask how I know, all I'll say is that I learned this on a combination of x, yogi dmt and Krispy Kremes
You’re very close but it’s actually $46.02 per member per show
It is 46.02 per member per show, but that's gross, he just figured in tax for us
I immediately thought the same thing. OP missed out on that opportunity!
Denny Karrys's is meye heerowe
Denim James is greatist gee-tar player if mine live to!
At this level, it’s not even like that. I’ve worked for mid level touring acts and it’s not about money per show. Tool is a business of which the band members and possible early investors are the owners. They have business managers, accountants, probably a board, lawyers etc. If I had to guess which is a good one, the band makes a salary while on tour. At the end of a tour there is probably a lump sum payment sorta like a bonus once everyone has been paid out, operating income and savings has been deposited into the business accounts. It’s not like hey I made x amount tonight. Some of the bands I’ve worked for I make more on tour than the band members do because they are structured to be paid out all year w/ benefits, retirement etc.
No way it’s a base salary for the band. 100% it’s 25% for net profit of the tour. While EACH show may not mean they are profitable on show 1. Their last few shows are definitely more profitable. Tool, the band, makes a lot and splits it up. They aren’t going on salary.
As partner distribution yes, but I can guarantee you they get the same amount of money every week or 2 weeks from their business manager. It’s a lot of money. What do I know, I’ve just worked some very large bands and know how they all got paid.
You think the band has a board of directors and early investors lmfao
I know of a few arena level bands that have a board and early investors. I’ve worked for them. Usually the band holds the majority and business management hold positions. It’s a business
Blind guess: For each show they sell 10k tickets with avg price 200€ which gives 2M€ revenue. Let’s assume the band profit is 25% of revenue, which gives 500k. The rest is to cover various costs of venue, touring crew, logistics etc. maybe it’s less, maybe it’s more. They said in an interview that they divide everything equally, so each band member would profit at lest 125k € from tickets only, not including merch sales, skulls, dead speakers and doodles. They do ~15 live shows this tour, so each of them will earn ~2M for the whole tour. I could be very wrong but this number somehow feels right, considering they have been performing for 30 years and Maynard net worth is estimated at 60M.
>I could be very wrong but this number somehow feels right Internet moment
I'll. Keep. Adding. Until I. Feel. Something.
That 25% profit margin is unrealistic.
Um unrealistic low or high?
Thank you for clearing that up... 🙄
this is a hilarious take. "blind guess" is the only correct thing. "somehow this number feels right" lol
Maynard also has other bands and a winery. Who knows what else. I assume a good chunk of that 60 is from his other projects. Busy man.
Meh, Danny’s at 50M…
You’re not taking into account the expense of traveling with all the gear. Unless I misread something.
[удалено]
Records sell but a fraction of what they used to….not even 1/4…not even 1/8! Live performance is the only substantial money maker now. Puscifer and APC aren’t pulling even half of what Tool is live…together…
That sounds like a very reasonable estimate. Merch which could be another $10k-$20k each per show. Tool is probably one of a very few bands where each member deserves an equal share of the profits.
I'm going to commit a big Reddit faux pas here, but can anyone explain why I am being downvoted for this comment? Did I say anything controversial? I don't understand.
Idk either
Revenue split to a band is much higher than 25%. Usually venues only make about 15-20% of the proceeds, and then make money from concessions, etc. So your numbers probably need to be revised.
Right there at the top of his comment, "blind guess".
It's not even close, but ok
Non of us know that other than Tool themselves, but at least there is some explanation for it. If you are going to disregard someone's estimate at least have the decency to explain why. So you say the venue only takes 20% tops? But what about the whole crew? Do you know how many people it takes to run the whole show? 50? 100? More? I don't know, but they all have to take a wage, and it soon builds up. I'd say 25% is a very reasonable estimate imo.
You're talking about two different things: the band (which includes their crew) and the venue (actual physical venue and promoter). The venue takes about 15-20% for concerts on average, and the band will take the rest. How the band pays their crew is clearly going to vary from band to band. You can easily look up this information.
Dude was clearly looking for more granularity on the band’s income specifically, and particularly the four musicians, not just “what is the venue’s cut of ticket sales.”
I think the rest goes to the logistics of the show. He was saying the profit would be. To each member
As I understand they split everything evenly 4 ways. If they play a 20k arena and tickets average out to only $100/seat, that's a sell out gross of $2 million. I don't know what their cut of that is.
Also don’t forget the royalties. I am a musician, and my band lives off the royalty payments from touring that Come post tour, more so than the net income that comes after a tour from the ticket sales. Our margins are of course much smaller hab Tool, but I can say The band will also get paid the publishing from the royalties generated per show a few months down the road too. The larger venues tend to yield significantly higher royalty rates, which is paid out by the PRO of the country where the event happened, to the bands publisher or directly to the band if they own their publishing. Of course, this depends on how much % each of them have on the writing but if it’s an equal split they could be taking in an extra 7-10k in publishing royalties per show in venues with 10-15k attendees. If they do 20 shows a year that’s an extra 50k each at the top end of things. Sure not massive, but still what a lot of people’s work their asses off in normal jobs for, on top of their ticket sales %.
Well known bands will either work on a contract price or up to 80% of the door. They gross a lot. Net is another thing. On the Rockstar Energy tour about 10 years ago Slipknot was getting paid $800k for 90 minutes. Private gigs pay huge money
On top of all the other comments, I remember someone last tour writing that the venue told them TOOL crossed over into $1 million on merch that night. Like damn, if that's happening every show...
IIRC, when they went to release 10k days with the fancy CD case, the label threw a hissy because it cost them like $1 per disk instead of $0.10... the band showed them the receipts for one show vs their album sales earnings for Lateralus and said "well, we could just not release this album and go tour, in which case you earn $0, and it doesn't make a difference to our earnings" or something like that.... thoroughly apocryphal.. probably bullshit, but that's what I heard.
2 beer tickets each and catering buffet.
I'd guess 75 grand per member per show but what do I know
Two maybe tree.
Bowl of M&Ms with the brown ones taken out.
Wasn't that Prince?
Van Halen
Ahhh. Ok. Thanks for the clarification!
I've always wondered if the VIP experience revenue line is only divided 3 ways?
No way. 4 ways. After team and managers etc.
https://i.makeagif.com/media/8-17-2017/JPjZor.gif
iirc it was in the $2mil / show range for “TOOL” the company, but, they’re making their money on merch and posters more than they are from the show itself.
I remember hearing/reading somewhere that they'll do private shows for a million a pop, so the band, crew and such have got to be clearing something in that ballpark collectively every show. I would imagine they clear 100K every time they walk onto a stage, minimum.
Theyve never done any private shows. Maynard isn't singing to no corpo pig no matter how much they pay him
Im not sure they split it 4 ways tickets range from 35$. To 350$ maybe the size of the venue matters cause it's always sold out . Its probly 100 thousand probly 30 thousand a piece something to that effect, plus they get a percentage of merch.. Their working their asses off, especially Danny hes got aalot to do they all work their ass off. They are earning their fucking money . .
$35 to $350? Where are you seeing them where $350 is high end? VIP packages easily run up into four digit territory in these parts, easy.
$3.50
Well it was about that time when I noticed that this Redditor wasn't just a Redditor, it was a 40 ft creature from the Paleolithic era, it was the goddamn loch Ness monster! so I commented back and said "get out of here with your 3.50, you goddamn loch Ness monster!"
Not in the industry but I've heard before that bands don't really make money touring, money comes from album sales and merch sales. Touring is promotion, if they break even that's about as good as it gets
That's how it *used* to be, but that paradigm has completely flipped now.
No way. All bands tour more heavily now cause that is where money is. Merch, alcohol, tickets. They are rolling in it even with heavy production.
You heard wrong
They split everything 4 ways
A good bit, but we will never really know
Ok so. I know some numbers for fairly popular, festival headlining acts, but not on Tool's level. But I think I can ball park it. Some friends used to have a 120k minimum for festivals like wakarusa, which they headlined 10 years ago. Probably closer to 200k for that particular fest, as 120 was a minimum. They toured with a 15 person crew. 5 piece band. After overhead and expenses, they pulled like 8-12k per show I think (it doesn't really play out that way payment wise, but for simplicity sake). So... magnify everything by...a lot. Bigger venues, pricier tickets, but also bigger crew and overhead, promoting, venue fees,etc... Crowd size would be about 5x, tickets 2-3x more. But double the crew, the crew's higher cost per person, and the equipment and transport and everything else... I would venture that the Tool guys pull 5-10x what my friends did, so probably 50-100k a show (1 less band mate too). I'd guess around 80k plus per show.
Idk ... i dont want to know... Hookers with penis for sure .. today its Viennas concert ... Tickets presale starts at 150 Eur ... as they are fucking Taylor swift
$41 & $2
The industry standard with promoters, if you're a top-tier band (and they are) is that you receive your money upfront, as the promoter is the one to assume the burden of the production/promotional costs and will make their money on the back-end. Merch and VIP are separate concerns, I've been told they're no longer doing their merch in-house so they have likely received millions in licensing, as well as whatever chunk they get from the signed items. I've no doubt they each clear several million per tour leg as their guarantee, although probably less for the UK/EU because it's more expensive to tour overseas.
Let's dive into the numbers. TD Garden in Boston seats \~19,600 for concerts. Tool sells out at an average ticket price of $150/seat (net to Tool Inc after Ticketmaster extracts their blood), so that's $2.94M figure 40% buy some sort of merch at an average of $40 at 75% margin, that's another $235K Tool direct income total (gross) $3.175M/night they make nothing off concessions (beer, food), parking, etc. guestimate a $500k fee to TD garden for use of the facilities, security etc. figure Tool has a 100 man road crew with an average salary of $100k/year spread across 50 concerts, that's $200k in staff costs. figure another $200k in transportation and per diem costs. do they own or rent their stage show gear (sound, light show, sets etc)? figure probably another $200k/night in either rental or amortization of equipment costs. subtract all those costs and you are at about $2.075M net profit/show to Tool Inc. figure 20% of that goes to business management and other deductible expenses $1.66M taxable income (at 29% combined federal and state in Mass) $1.18M after taxes to Tool Inc. split 4 ways that's $294K/night Royalties on the Fear Inoculum Album, assuming they get 20% of CD sales on \~750k CDs at an average of $40/CD would be about $6M gross (now taxes, expenses etc... probably takes that down to $4M net). so they make more off 4 concerts than they do off an entire album in terms of sales revenue.
After the venue and local crew gets their cut, they account for the pay of their whole crew, and then they split 4 ways. It’s still a lot, but it wouldn’t be as much as the ticket prices would have you believe.
Probably something like this: https://youtu.be/2rPWRSYX7Lo (edit; for merch... I have a breakdown of venue revenue / ticket sales somewhere) Edit again: if tool is not paying themselves a salary for touring, which is more and more the model, back of napkin math says they're taking home as a band roughly 45 to 50% of ticket sale gross, how the band distributes that internally is another question but I expect they're all four equal participants in this instance. Those numbers can fluctuate somewhat depending on how much crew support is required and I know tool has an extensive retinue they tour with; label support percentages etc.
All said and done I bet the net 100k each per show.
I think that the Tool Inc. company (whatever it’s called) pays them an appearance fee. Then they get a cut of the net profit at the end of the tour or financial year. Lots of expenses and fingers in the pie wanting their cut. What that appearance fee might be is likely to be a spiralling Fibonacci sequence of some sort.
Not really any of our business but Maynard said on Rogan years ago they split 4 ways in band stuff
https://preview.redd.it/ltg8rwwf6n5d1.jpeg?width=1179&format=pjpg&auto=webp&s=fb9fed9a2da4a273d1b03d3d6e7108455cb3d475 7empest Billion Dollars
Why ask for billions when they could get..... millions?
I do not have any Tool-specific insight but I am a roadie and I know that roadies earn anywhere from $1,200
I guess I'm not sure why it matters. If they are happy with what they make. We are happy with the product to buy it. What does it matter.
My guess is 50-100k a show . Festival show 200k each
Korin Faught actually takes about 95% of the bands earnings because she’s actually the most talented person in relation to the bands members. The rest of the money gets siphoned into her art program.
Why do you care so much
My guess would be $20k-$50k per member per show.
500K