The rest of the independent cities sell tickets online and pay artists a flat guarantee ($100 per act in the U.S.).īeyond those cities that operate independently, there are ~30 that are Sofar-operated and host the majority of our shows - here, we also sell tickets in advance and pay artists a flat guarantee, but have small local teams of employees who book, organize and run all the events. The majority of these (~90%) put on shows that are free to attend, then pass-the-hat to collect money for show expenses and artists, with $0 going back to the business. There are a few different types of Sofar cities - most of them (about 375) operate independently. Let’s get into the details: How Sofar cities work Our goal is to move from today’s 63/37 average profit split for our standard show format (3 artists and 20-25 minute sets) to 70/30 across Sofar-operated cities, in favor of the artist.Īll the details are below, including a breakdown of typical show expenses and how we plan to evolve our artist compensation starting in February 2020. The average net income split between artists and Sofar is currently 63/37, with 63% of the net show income going to the artists. In the meantime, we want to share details about how money works at Sofar Sounds shows - it’s a common question we receive, so we want to answer that for everyone. In February, we’ll be introducing a series of new features and improvements, one of which is a change to artist compensation at bigger shows. We’ve been talking to many of our Sofar artist alumni in the past year, gathering feedback and input to help us prioritize the tools and resources we’re building to make sure we’re focused on the things most important to our artists. Check out our update from February 2020 for more information on changes to artist payments.
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