Joined: Sun Oct 17, 2004 7:19 pm Posts: 39068 Location: Chapel Hill, NC, USA Gender: Male
CopperTom wrote:
B wrote:
given2trade wrote:
B wrote:
adamdude wrote:
the band really are turning into money hungry whores
I'd be shocked if the Ten Club even manages to break even. That may, in fact, be a major driver for this announcement.
lol. they used to charge 5 or 10 bucks and mailed the tickets to you and received thousands of checks in the mail to pay for them. i doubt they based their business model on losing money with each new member. today, they charge 20-40 and almost everything is virtual.
call it 50,000 members X 20 = 1 million a year, BEFORE GOODS SOLD. they make 80-90% profit margins on shirts, posters, etc. its basically all profit.
how many employees? 5?
lol
lol @ "business model"
Those are certainly impressive numbers, but do you think $20 covers the cost of producing a single, pressing them, shipping them, plus printing and shipping an issue of Deep, plus maintaining servers for the website and the Pit, rent, utilities, with enough left over for paying the salary of a full-time manager and multiple part time employees who pack, ship, and respond to e-mails and phone calls and then give the band some percentage of the commission?You're drastically over-estimating the profit margin on this kind of operation. If they were making money before, this decision is all about keeping that revenue at the same level, not about upping profit.
Those costs would exist with or without a fan-club or fan-club fees.
And there are some bands with pretty shitty websites and merchandise.
_________________ "Though some may think there should be a separation between art/music and politics, it should be reinforced that art can be a form of nonviolent protest." - e.v.
Dude. They used to receive thousands and thousands of envelopes by mail and manually processed every pair of tickets and somehow did that without needed a government subsidy. As far as the single goes, bands have pressed records for decades at extremely low costs. I'm glad 10 Club is offering a membership without the single given that 95% of their fan club doesn't play the record and many throw it out. We might as well be given the option to not get it - though the price shouldn't remain the same.
RE: profit margins. A T-shirt costs $1-$2 to manufacture and they charge $20-$25. That's a 90% gross profit margin.
I didn't even try to figure out how much they make on tickets, which is huge. They probably sell 100,000 tickets a year and make 400-500,000 off of that alone. How much do you think these part time employees cost? Let's forget about the $75-$100 ticket price they also get on top of the convenience fee or the fact they charged their biggest fans $20 just for the right to maybe purchase tickets if they happen to play in their area.
My point isn't that they aren't entitled to make a profit. I'm just cracking up at you thinking it might be a money losing operation and thus the need for a hike.
_________________ CrowdSurge and Ten Club will conduct further investigation into this matter.
Joined: Tue Jan 16, 2007 10:41 pm Posts: 7563 Location: Calgary, AB Gender: Male
B wrote:
given2trade wrote:
B wrote:
adamdude wrote:
the band really are turning into money hungry whores
I'd be shocked if the Ten Club even manages to break even. That may, in fact, be a major driver for this announcement.
lol. they used to charge 5 or 10 bucks and mailed the tickets to you and received thousands of checks in the mail to pay for them. i doubt they based their business model on losing money with each new member. today, they charge 20-40 and almost everything is virtual.
call it 50,000 members X 20 = 1 million a year, BEFORE GOODS SOLD. they make 80-90% profit margins on shirts, posters, etc. its basically all profit.
how many employees? 5?
lol
lol @ "business model"
Those are certainly impressive numbers, but do you think $20 covers the cost of producing a single, pressing them, shipping them, plus printing and shipping an issue of Deep, plus maintaining servers for the website and the Pit, rent, utilities, with enough left over for paying the salary of a full-time manager and multiple part time employees who pack, ship, and respond to e-mails and phone calls and then give the band some percentage of the commission?
You're drastically over-estimating the profit margin on this kind of operation. If they were making money before, this decision is all about keeping that revenue at the same level, not about upping profit.
Considering there are bands out there that will give you merch for FREE without having to join any club, any argument for a price increase for the same shit service we've been getting for years just don't add up.
_________________ Straight outta line
Quote:
For a vegetarian, Rents, you're a fuckin' EVIL shot!
Joined: Sun Feb 18, 2007 6:14 pm Posts: 3213 Location: chicken shaped country in europe Gender: Male
given2trade wrote:
I didn't even try to figure out how much they make on tickets, which is huge.
Probably nothing. Promoters get the money from the tickets. They get a small fee as resellers and they don't have that much tickets to sell to make it a relevant part of their income compared to the merch. I doubt they get to keep anything from the bootlegs too as there's no way bootlegs are making much money to the band anyway. They cost something to produce and don't sell nearly as well as proper records even live albums do. I also think the number of people in the fan club is largely overestimated by the fans.
_________________ IMHO J/K Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
Joined: Sun Feb 18, 2007 6:14 pm Posts: 3213 Location: chicken shaped country in europe Gender: Male
p911gt10c wrote:
B wrote:
given2trade wrote:
B wrote:
adamdude wrote:
the band really are turning into money hungry whores
I'd be shocked if the Ten Club even manages to break even. That may, in fact, be a major driver for this announcement.
lol. they used to charge 5 or 10 bucks and mailed the tickets to you and received thousands of checks in the mail to pay for them. i doubt they based their business model on losing money with each new member. today, they charge 20-40 and almost everything is virtual.
call it 50,000 members X 20 = 1 million a year, BEFORE GOODS SOLD. they make 80-90% profit margins on shirts, posters, etc. its basically all profit.
how many employees? 5?
lol
lol @ "business model"
Those are certainly impressive numbers, but do you think $20 covers the cost of producing a single, pressing them, shipping them, plus printing and shipping an issue of Deep, plus maintaining servers for the website and the Pit, rent, utilities, with enough left over for paying the salary of a full-time manager and multiple part time employees who pack, ship, and respond to e-mails and phone calls and then give the band some percentage of the commission?
You're drastically over-estimating the profit margin on this kind of operation. If they were making money before, this decision is all about keeping that revenue at the same level, not about upping profit.
Considering there are bands out there that will give you merch for FREE without having to join any club, any argument for a price increase for the same shit service we've been getting for years just don't add up.
That's probably part of the promotion that the recording company does and pays for.
_________________ IMHO J/K Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
Joined: Sun Oct 17, 2004 7:19 pm Posts: 39068 Location: Chapel Hill, NC, USA Gender: Male
given2trade wrote:
Dude. They used to receive thousands and thousands of envelopes by mail and manually processed every pair of tickets and somehow did that without needed a government subsidy. As far as the single goes, bands have pressed records for decades at extremely low costs. I'm glad 10 Club is offering a membership without the single given that 95% of their fan club doesn't play the record and many throw it out. We might as well be given the option to not get it - though the price shouldn't remain the same.
RE: profit margins. A T-shirt costs $1-$2 to manufacture and they charge $20-$25. That's a 90% gross profit margin.
I didn't even try to figure out how much they make on tickets, which is huge. They probably sell 100,000 tickets a year and make 400-500,000 off of that alone. How much do you think these part time employees cost? Let's forget about the $75-$100 ticket price they also get on top of the convenience fee or the fact they charged their biggest fans $20 just for the right to maybe purchase tickets if they happen to play in their area.
My point isn't that they aren't entitled to make a profit. I'm just cracking up at you thinking it might be a money losing operation and thus the need for a hike.
You're imagining that Pearl Jam pays for the Ten Club. I'd bet my left arm that they expect the Ten Club to be either revenue neutral or possibly even expect them to pay some sort of fee back.
If I'm wrong and my product purchases are subsidizing RIAA-free musicians, that's worth a premium to me.
_________________ "Though some may think there should be a separation between art/music and politics, it should be reinforced that art can be a form of nonviolent protest." - e.v.
Joined: Tue Nov 27, 2007 3:16 am Posts: 2576 Location: Maine, formerly MA
Mine wrote:
given2trade wrote:
I didn't even try to figure out how much they make on tickets, which is huge.
Probably nothing. Promoters get the money from the tickets. They get a small fee as resellers and they don't have that much tickets to sell to make it a relevant part of their income compared to the merch. I doubt they get to keep anything from the bootlegs too as there's no way bootlegs are making much money to the band anyway. They cost something to produce and don't sell nearly as well as proper records even live albums do. I also think the number of people in the fan club is largely overestimated by the fans.
if the bootlegs didn't make money they wouldn't continue to sell them
I didn't even try to figure out how much they make on tickets, which is huge.
Probably nothing. Promoters get the money from the tickets. They get a small fee as resellers and they don't have that much tickets to sell to make it a relevant part of their income compared to the merch. I doubt they get to keep anything from the bootlegs too as there's no way bootlegs are making much money to the band anyway. They cost something to produce and don't sell nearly as well as proper records even live albums do. I also think the number of people in the fan club is largely overestimated by the fans.
if the bootlegs didn't make money they wouldn't continue to sell them
they do it for the fans, dude
_________________ I will pull your crooked teeth, you'll be toothless just like me
Joined: Sun Feb 18, 2007 6:14 pm Posts: 3213 Location: chicken shaped country in europe Gender: Male
MattA751 wrote:
Mine wrote:
given2trade wrote:
I didn't even try to figure out how much they make on tickets, which is huge.
Probably nothing. Promoters get the money from the tickets. They get a small fee as resellers and they don't have that much tickets to sell to make it a relevant part of their income compared to the merch. I doubt they get to keep anything from the bootlegs too as there's no way bootlegs are making much money to the band anyway. They cost something to produce and don't sell nearly as well as proper records even live albums do. I also think the number of people in the fan club is largely overestimated by the fans.
if the bootlegs didn't make money they wouldn't continue to sell them
Well they stopped in 2007 for a year and it seems to be a constant work in progress so it doesn't seem to be an easy cash machine and if it would be i presume it would be a much more common practice for other bands.
_________________ IMHO J/K Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
Joined: Sat Oct 23, 2004 1:51 pm Posts: 4329 Location: PA
Raziel wrote:
MattA751 wrote:
Mine wrote:
given2trade wrote:
I didn't even try to figure out how much they make on tickets, which is huge.
Probably nothing. Promoters get the money from the tickets. They get a small fee as resellers and they don't have that much tickets to sell to make it a relevant part of their income compared to the merch. I doubt they get to keep anything from the bootlegs too as there's no way bootlegs are making much money to the band anyway. They cost something to produce and don't sell nearly as well as proper records even live albums do. I also think the number of people in the fan club is largely overestimated by the fans.
if the bootlegs didn't make money they wouldn't continue to sell them
they do it for the fans, dude
They make money off the bootlegs. No question.
_________________
emanon wrote:
I think I either need to drink less to become more alert, or more so as not to care.
Joined: Sat Oct 23, 2004 1:51 pm Posts: 4329 Location: PA
Mine wrote:
MattA751 wrote:
Mine wrote:
given2trade wrote:
I didn't even try to figure out how much they make on tickets, which is huge.
Probably nothing. Promoters get the money from the tickets. They get a small fee as resellers and they don't have that much tickets to sell to make it a relevant part of their income compared to the merch. I doubt they get to keep anything from the bootlegs too as there's no way bootlegs are making much money to the band anyway. They cost something to produce and don't sell nearly as well as proper records even live albums do. I also think the number of people in the fan club is largely overestimated by the fans.
if the bootlegs didn't make money they wouldn't continue to sell them
Well they stopped in 2007 for a year and it seems to be a constant work in progress so it doesn't seem to be an easy cash machine and if it would be i presume it would be a much more common practice for other bands.
Far too many bands play the same exact setlist, give or take 2 or 3 songs, EVERY night. A bootleg for every show wouldn't make sense.
_________________
emanon wrote:
I think I either need to drink less to become more alert, or more so as not to care.
Dude. They used to receive thousands and thousands of envelopes by mail and manually processed every pair of tickets and somehow did that without needed a government subsidy. As far as the single goes, bands have pressed records for decades at extremely low costs. I'm glad 10 Club is offering a membership without the single given that 95% of their fan club doesn't play the record and many throw it out. We might as well be given the option to not get it - though the price shouldn't remain the same.
RE: profit margins. A T-shirt costs $1-$2 to manufacture and they charge $20-$25. That's a 90% gross profit margin.
I didn't even try to figure out how much they make on tickets, which is huge. They probably sell 100,000 tickets a year and make 400-500,000 off of that alone. How much do you think these part time employees cost? Let's forget about the $75-$100 ticket price they also get on top of the convenience fee or the fact they charged their biggest fans $20 just for the right to maybe purchase tickets if they happen to play in their area.
My point isn't that they aren't entitled to make a profit. I'm just cracking up at you thinking it might be a money losing operation and thus the need for a hike.
You're imagining that Pearl Jam pays for the Ten Club. I'd bet my left arm that they expect the Ten Club to be either revenue neutral or possibly even expect them to pay some sort of fee back.
If I'm wrong and my product purchases are subsidizing RIAA-free musicians, that's worth a premium to me.
Huh? Pearl Jam is the Ten Club.
_________________ CrowdSurge and Ten Club will conduct further investigation into this matter.
Joined: Mon Jun 01, 2009 3:24 pm Posts: 6501 Location: Massachusetts Gender: Male
Pearl Jam runs the 10C, this isnt like the DMB fanclub where Live Nation runs it for them or whatever. I'm willing to pay 40 dollars if I actually get all the stuff I'm supposed to, but given 10C's history that is highly unlikely and is what makes having my fee doubled suck.
Joined: Sun Feb 18, 2007 6:14 pm Posts: 3213 Location: chicken shaped country in europe Gender: Male
CopperTom wrote:
Mine wrote:
MattA751 wrote:
Mine wrote:
given2trade wrote:
I didn't even try to figure out how much they make on tickets, which is huge.
Probably nothing. Promoters get the money from the tickets. They get a small fee as resellers and they don't have that much tickets to sell to make it a relevant part of their income compared to the merch. I doubt they get to keep anything from the bootlegs too as there's no way bootlegs are making much money to the band anyway. They cost something to produce and don't sell nearly as well as proper records even live albums do. I also think the number of people in the fan club is largely overestimated by the fans.
if the bootlegs didn't make money they wouldn't continue to sell them
Well they stopped in 2007 for a year and it seems to be a constant work in progress so it doesn't seem to be an easy cash machine and if it would be i presume it would be a much more common practice for other bands.
Far too many bands play the same exact setlist, give or take 2 or 3 songs, EVERY night. A bootleg for every show wouldn't make sense.
The vast majority of the people who buy bootlegs only buy the shows they attended. Very few buy more thus the setlist argument doesn't make much sense in practice. I don't know if RM ever had a pol about it but judging by random posts I'd say collectors are a few percent especially if you don't count people who download shows for free.
_________________ IMHO J/K Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
Joined: Sun Feb 18, 2007 6:14 pm Posts: 3213 Location: chicken shaped country in europe Gender: Male
mick7184 wrote:
Pearl Jam runs the 10C, this isnt like the DMB fanclub where Live Nation runs it for them or whatever. I'm willing to pay 40 dollars if I actually get all the stuff I'm supposed to, but given 10C's history that is highly unlikely and is what makes having my fee doubled suck.
Well actually PJ pays people to run the 10C for them. Didn't Tim once bitch about the 10C barely making it financially because the band isn't putting enough money in it?
_________________ IMHO J/K Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
Joined: Tue Nov 27, 2007 3:16 am Posts: 2576 Location: Maine, formerly MA
Mine wrote:
MattA751 wrote:
Mine wrote:
given2trade wrote:
I didn't even try to figure out how much they make on tickets, which is huge.
Probably nothing. Promoters get the money from the tickets. They get a small fee as resellers and they don't have that much tickets to sell to make it a relevant part of their income compared to the merch. I doubt they get to keep anything from the bootlegs too as there's no way bootlegs are making much money to the band anyway. They cost something to produce and don't sell nearly as well as proper records even live albums do. I also think the number of people in the fan club is largely overestimated by the fans.
if the bootlegs didn't make money they wouldn't continue to sell them
Well they stopped in 2007 for a year and it seems to be a constant work in progress so it doesn't seem to be an easy cash machine and if it would be i presume it would be a much more common practice for other bands.
bands are doing it, and other bands (OAR, Metallica, The Black Crowes etc) have opened up their vaults for older shows as well...trust me, if a much smaller operation like the Black Crowes is making enough money off of current and archive shows to make the operation of such worth it, PJ is making plenty of bank on the bootlegs
Joined: Sun Feb 18, 2007 6:14 pm Posts: 3213 Location: chicken shaped country in europe Gender: Male
MattA751 wrote:
bands are doing it, and other bands (OAR, Metallica, The Black Crowes etc) have opened up their vaults for older shows as well...trust me, if a much smaller operation like the Black Crowes is making enough money off of current and archive shows to make the operation of such worth it, PJ is making plenty of bank on the bootlegs
I'm sure they make some money off of it but i doubt they make a shitload of money from it. I mean i don't think they have as big a market you assume they do. The vault is a different story altogether. It all depends about who owns them. Not knowing what PJ contracts with Sony were like and not knowing what deals they may have tried to achieve about the vault shows makes it completely irrelevant to discuss about them.
_________________ IMHO J/K Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
Joined: Sun Oct 17, 2004 3:08 am Posts: 22978 Gender: Male
mick7184 wrote:
Pearl Jam runs the 10C, this isnt like the DMB fanclub where Live Nation runs it for them or whatever. I'm willing to pay 40 dollars if I actually get all the stuff I'm supposed to, but given 10C's history that is highly unlikely and is what makes having my fee doubled suck.
THIS.
If it was a well run club, where the presales worked (for everybody, not just pearl jam r good and CHUD) properly, and mailings occured when they were supposed to, it would be a lot different. This is a club that everyone but the most ardent supporters has major gripes with. It has been run very poorly, with very little communication or response to any complaints- no matter how valid. Have they EVER addressed a couple years back when they announced a leg of a tour, sold non refundable, no transferrable tickets, then 2 weeks later released a whole round of shows in entirely different cities? So people were traveling 8 hours to a show, but skipping the one in their own city? That screwed A LOT of pearl jam fans, and cost them a lot of money, yet not so much as an admission that maybe mistakes were made.
A poorly run organization, doubling costs, with no real justification, is somewhat shady to me, but because they know so many people are going to be afraid of losing their Seniority, they know we'll all continue to pay.
Joined: Sun May 21, 2006 2:02 am Posts: 91597 Location: Sector 7-G
Skitch Patterson wrote:
mick7184 wrote:
Pearl Jam runs the 10C, this isnt like the DMB fanclub where Live Nation runs it for them or whatever. I'm willing to pay 40 dollars if I actually get all the stuff I'm supposed to, but given 10C's history that is highly unlikely and is what makes having my fee doubled suck.
THIS.
If it was a well run club, where the presales worked (for everybody, not just pearl jam r good and CHUD) properly, and mailings occured when they were supposed to, it would be a lot different. This is a club that everyone but the most ardent supporters has major gripes with. It has been run very poorly, with very little communication or response to any complaints- no matter how valid. Have they EVER addressed a couple years back when they announced a leg of a tour, sold non refundable, no transferrable tickets, then 2 weeks later released a whole round of shows in entirely different cities? So people were traveling 8 hours to a show, but skipping the one in their own city? That screwed A LOT of pearl jam fans, and cost them a lot of money, yet not so much as an admission that maybe mistakes were made.
A poorly run organization, doubling costs, with no real justification, is somewhat shady to me, but because they know so many people are going to be afraid of losing their Seniority, they know we'll all continue to pay.
Absolutely. I know I'm just lucky.
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