Question 1

Promoters are usually required to deposit or guarantee what percentage of the agreed-upon price to secure an act for an event?

Accepted Answer

A)  0.1 
B)  0.25 
C)  50-100% 
D)  Always 100% 
E)  No deposit is required 
A)  0.1 
B)  0.25 
C)  50-100% 
D)  Always 100% 
E)  No deposit is required

Question 2

Promoters use bid sheets to determine

Accepted Answer

A)  The total cost of putting on a concert or event 
B)  The cost of the artists 
C)  The cost of the IATSE crew 
D)  The cost of the venue 
E)  The ticket prices, break-even points, and potential profits 
A)  The total cost of putting on a concert or event 
B)  The cost of the artists 
C)  The cost of the IATSE crew 
D)  The cost of the venue 
E)  The ticket prices, break-even points, and potential profits

Question 3

Individuals and companies may ""use"" a copyrighted creative work free of charge to create new products or build companies for profit.

Accepted Answer

A) True 
 B)False

Question 4

Scaling the house is the process of determining the ticket prices for various seats (in a variety of locations) in the arena or venue.

Accepted Answer

A) True 
 B)False

Question 5

Many concert venues require what percent of the seats to be sold to break even financially?

Accepted Answer

A)  0.2 
B)  0.3 
C)  50-80% 
D)  0.85 
E)  1 
A)  0.2 
B)  0.3 
C)  50-80% 
D)  0.85 
E)  1

Question 6

Successful club acts may have to "buy on" to be the opening act for a major artist on a tour at the cost of

Accepted Answer

A)  25 cents to 1 dollar a seat 
B)  50% of all merchandise sales to the major act 
C)  50% of all merchandise sales to the promoter of the event or concert 
D)  $2.50 per seat 
E)  There is no such thing 
A)  25 cents to 1 dollar a seat 
B)  50% of all merchandise sales to the major act 
C)  50% of all merchandise sales to the promoter of the event or concert 
D)  $2.50 per seat 
E)  There is no such thing

Question 7

The artists receive 50-75% of the gross income from merchandise, while the providing company pays for all the merchandise, shipment, sales personnel, booths, tables, and advertisements.

Accepted Answer

A) True 
 B)False

Question 8

The American Federation of Musicians (AFM) and SAG-AFTRA use booking agents licensed to represent their artists and contacts provided by the union headquarters.

Accepted Answer

A) True 
 B)False

Question 9

IEBA is a nonprofit organization that sponsors national and regional conference for colleges representatives.

Accepted Answer

A) True 
 B)False

Question 10

The purpose of creating an event is simply to make money.

Accepted Answer

A) True 
 B)False

Question 11

The best type of concert promotion deal that provides security for the act and the promoter of the event is

Accepted Answer

A)  Straight guarantee 
B)  Guarantee plus a percentage of the net (gate after all bills have been paid) 
C)  Guarantee versus a percentage of the net (gate after all bills have been paid) 
D)  Guarantee plus a bonus 
E)  Self-promotion deal 
A)  Straight guarantee 
B)  Guarantee plus a percentage of the net (gate after all bills have been paid) 
C)  Guarantee versus a percentage of the net (gate after all bills have been paid) 
D)  Guarantee plus a bonus 
E)  Self-promotion deal

Promoters are usually required to deposit or guarantee what percentage of the agreed-upon price to secure an act for an event?

Promoters use bid sheets to determine

Individuals and companies may ""use"" a copyrighted creative work free of charge to create new products or build companies for profit.

Scaling the house is the process of determining the ticket prices for various seats (in a variety of locations) in the arena or venue.

Many concert venues require what percent of the seats to be sold to break even financially?

Successful club acts may have to "buy on" to be the opening act for a major artist on a tour at the cost of

The artists receive 50-75% of the gross income from merchandise, while the providing company pays for all the merchandise, shipment, sales personnel, booths, tables, and advertisements.

The American Federation of Musicians (AFM) and SAG-AFTRA use booking agents licensed to represent their artists and contacts provided by the union headquarters.

IEBA is a nonprofit organization that sponsors national and regional conference for colleges representatives.

The purpose of creating an event is simply to make money.

The best type of concert promotion deal that provides security for the act and the promoter of the event is

The Perfect Storm

The Three Wows

The Rules of the Game

The Entertainment Business

The Significance of Narration

Music Publishingwhats the Deal

Recording Lightning in a Bottle

The Label Businessrecording Budgets

Odds of the Game

Promotionpublicity and Media

Representation

Filters

Exam 12: The Concert and Event Business

Promoters are usually required to deposit or guarantee what percentage of the agreed-upon price to secure an act for an event?

Promoters use bid sheets to determine

Individuals and companies may ""use"" a copyrighted creative work free of charge to create new products or build companies for profit.

Scaling the house is the process of determining the ticket prices for various seats (in a variety of locations) in the arena or venue.

Many concert venues require what percent of the seats to be sold to break even financially?

Successful club acts may have to "buy on" to be the opening act for a major artist on a tour at the cost of

The artists receive 50-75% of the gross income from merchandise, while the providing company pays for all the merchandise, shipment, sales personnel, booths, tables, and advertisements.

The American Federation of Musicians (AFM) and SAG-AFTRA use booking agents licensed to represent their artists and contacts provided by the union headquarters.

IEBA is a nonprofit organization that sponsors national and regional conference for colleges representatives.

The purpose of creating an event is simply to make money.

The best type of concert promotion deal that provides security for the act and the promoter of the event is

The Perfect Storm

The Three Wows

The Rules of the Game

The Entertainment Business

The Significance of Narration

Music Publishingwhats the Deal

Recording Lightning in a Bottle

The Label Businessrecording Budgets

Odds of the Game

Promotionpublicity and Media

Representation

Filters