Thursday 5 June 2014

The Budget (Major Music Project)




There was a gig that took place on the 20th of May at Westminster Kingsway College and a graph was taken of the budget. The graph's left column shows the amount of tickets that were sold at the gig and how much money was made from it, whereas the right column shows how much money was given to the performers, sound engineer, lighting engineer, box office staff and how much was spent on the hooks and the chalk.
After adding up how much was spent and then subtracting it from the income made from the ticket sales, it was then that we was able to calculate our overall profit.

For the main headline act, it was decided that they would be given the most amount of money as they brought the most amount of ticket sales due to their fans coming to support them, as well as having a large number of merchandise sales.

For the supporting act, it was decided that they would get a smaller amount of money simply because compared to the headline act, they didn't bring as much of an audience as the headline act so that's one thing to consider, another is that as they also had merchandise to sell as well, they would be making a decent amount of profit.

As for the sound engineer, the lighting engineer and the box office staff, it was decided that the sound engineer would get £30 (which is the most amount of money between the engineers and box office staff), as his job is the most important since he is controlling the sound quality for the performances. Without a decent sound engineer, it wouldn't be a good night for the audience members and could also be dangerous to their hearing.
It was decided to pay the lighting engineer £25 for his services because, although his job is equally important as the sound engineer's (e.g. making sure everyone on stage can be seen, choosing the most appropriate lighting for certain performances), controlling the sound at a live music event is the most crucial job.
As for the box office staff, we decided to pay them £25 as well which slightly seems like it's a bit much for them as all they done was sell tickets but, their job is pretty important too because they have to have good communication skills to be able to talk the people of the general public who come to watch the performance, also they have to keep track of how many tickets were sold on the night and how much money they've made so £25 seems like a fair amount.
Overall, after taking away all of the money that was spent from the original amount, we were left with a profit of £101.66 which is pretty good when you also add up the profit from the refreshments sold at the bar so overall it was a good night






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