<oembed><type>rich</type><version>1.0</version><title>inpc wrote</title><author_name>inpc (npub1q3…ymqu0)</author_name><author_url>https://yabu.me/npub1q33jywkl8r0e5g48lvrenxnr3lw59kzrw4e7p0cecslqzwc56eesjymqu0</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>Just thinking about numbers...&#xA;&#xA;So the biggest magic internet money conference is underway, attracting some big names from the world&#39;s of politics, finance and business plus tens of  thousands of everyday people... A V4V music event takes place as part of it.&#xA;&#xA;A band performance brings in 450,000 sats, approx $370 in zaps. I don&#39;t know if musicians are on splits for the door/bar income or getting a fixed fee from the promoter for their labour but I sincerely hope so as $370 split between a band isn&#39;t great.&#xA;&#xA;I really dig the idea of V4V and I sincerely want these type of events to work for all concerned, be that headline artist, promoter, sound/lighting techs, bar staff, everyone involved. Now you could say &#39;we&#39;re so early&#39; but not so early not to have the president of the USA and the head of the FBI speak at these events. It&#39;s a long way from Andreas Antonopoulos speaking to an empty hall.&#xA;&#xA;Respect to all those trying to make a change for the industry, it is pretty corrupted in all kinds of ways but if I were a musician, travelling all the way to Las Vegas,  playing to a packed hall, and I got $95 I&#39;d be pretty disappointed and probably unable to pay the bills when I got home.&#xA;&#xA;Hopefully there&#39;s more to this arrangement and that 450,000 SATs is a bonus on top of a fair fee...&#xA;&#xA;Putting on music events is expensive and hard work, by the time you account for travel arrangements, acomodation, promotion, taxes, management fees etc. etc. what seems like a big headline number dwindles into not much for the players on stage.&#xA;&#xA;I don&#39;t know the runnings of the gig, if it was ticketed or if the musicians also got a fee but on those numbers I really hope so.&#xA;&#xA;Big up all involved. I hope it covered your time appropriately.</html></oembed>