Understanding the Music Industry
Just like in any other industry, in music and entertainment, there are various costs that pro’s need to cover to deliver the best recorded, visual, physical products, and live productions. Depending on the kind of project or production in mind, several elements and factors will determine the average production costs to bring that creative vision to life.
In the fantastic and competitive world of live events music and productions, besides having the talent and skill to draw and entertain crowds, the available budget to create memorable and unique experiences to fulfill demanding audiences is crucial to match the right performance with the fans.
How Much Should I Charge?
- How much do I need to pay 4 live musicians?
- How much will a Sound Engineer charge?
- Can I charge more depending on my social media follower count?
We understand that planning and producing a live event is no easy task. At the same time, budgeting and understanding the amount of money needed to breakeven at your dream show is essential.
It can become quite overwhelming to grasp your show’s costs trying to include all the variables, elements, and the required professionals like musicians and engineers. At the end of the day, all musicians want to be able to cover show production costs and earn a deserved income. And so, the same question arises: how much should I charge for my next gig?
Thankfully, at Stereotheque we have developed the tool and calculator to plan and understand the costs of your next live production based on your production needs and your music’s public outreach!