Interesting article in todays New York Times:
http://www.nytimes.com/2008/07/31/arts/ ... break.htmlAnd of course, I had to appreciate this comment in it:
Quote:
Whatever changes the music business has undergone, one truism remains: Concert promoters still operate on razor-thin margins and highly unbalanced risk-to-reward ratios, said Gary Bongiovanni, the editor in chief of Pollstar, the industry journal. “I tell concert promoters, Are you willing to take $50,000 in cash in your driveway and burn it, and then come back to work the next day? Then maybe you’re cut out to be a concert promoter,” he said.