What is a “door split” deal in live music?

A percentage of ticket sales given to the artist

What is the most common way musicians make money at grassroots music festivals?

Performance fees and merchandise sales

Which of these is a way for independent artists to increase their income from live shows?

Offering VIP experiences and meet-and-greets

What type of gig is likely to provide the highest guaranteed income?

Corporate events and private functions

Which of the following best describes a residency gig?

A regular, recurring performance at a specific venue

Which 2 funding bodies support UK artists in touring and live music projects?

Help Musicians UK, PRS for Music Foundation

What is the advantage of forming a limited company for live music earnings?

You can reduce personal liability and access tax benefits

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Live Income

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Questions 10

Answers

1
What is the typical industry standard percentage a venue may take from an artist’s merchandise sales?
10-20%
40-50%
0% (venues never take a cut)
20-30%
2
Which of the following is a common revenue stream for musicians performing live?
Mechanical royalties
Sync licensing
Ticket sales
Music publishing advances
3
What is a “door split” deal in live music?
A fixed fee paid to the artist
A sponsorship agreement with the venue
A percentage of ticket sales given to the artist
A guarantee with an added percentage of bar sales
4
Which organisation collects live performance royalties for songwriters in the UK?
The BBC
PRS for Music
The MU
Live Nation
5
What is the most common way musicians make money at grassroots music festivals?
Charging for autographs
Signing record deals on-site
Streaming payouts from festival broadcasts
Performance fees and merchandise sales
6
Which of these is a way for independent artists to increase their income from live shows?
Avoiding social media marketing
Relying solely on gig fees
Only playing major venues
Offering VIP experiences and meet-and-greets
7
What type of gig is likely to provide the highest guaranteed income?
Pub gigs
Open mic nights
Festival showcase slots
Corporate events and private functions
8
Which of the following best describes a residency gig?
A regular, recurring performance at a specific venue
A one-off festival slot
A live-streamed concert
A support slot on a national tour
9
Which 2 funding bodies support UK artists in touring and live music projects?
Help Musicians UK
PRS for Music Foundation
Spotify for Artists
BBC Introducing
10
What is the advantage of forming a limited company for live music earnings?
You get booked for more gigs automatically
You can reduce personal liability and access tax benefits
You never pay tax
Venues will pay you more per gig

Live Income Flashcards | StudBud