Music Business Final Exam - /| /| /| /| /|
Rolston - MBU 1110 questions with /| /| /| /| /| /|
answers
The term of a merchandising agreement is typically - CORRECT
/| /| /| /| /| /| /| /| /| /|
ANSWERS ✔✔one album cycle /| /| /|
Fees that are charged when a venue retails merch for the artist -
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CORRECT ANSWERS ✔✔Hall fees /| /| /|
What happens to advances if sales goals are not reached -
/| /| /| /| /| /| /| /| /| /| /|
CORRECT ANSWERS ✔✔they must be repaid /| /| /| /| /|
The contract between the agency and the promoter has two parts,
/| /| /| /| /| /| /| /| /| /| /|
the _____ and the _____. - CORRECT ANSWERS ✔✔Prima Facia /
/| /| /| /| /| /| /| /| /| /| /|
rider
Who in the music industry is responsible for finding work for the
/| /| /| /| /| /| /| /| /| /| /| /|
artist? - CORRECT ANSWERS ✔✔Agents
/| /| /| /|
When a promoter rents a venue with just the most basic services
/| /| /| /| /| /| /| /| /| /| /| /|
(Heat and Air; Work lights, etc) it is called - CORRECT ANSWERS
/| /| /| /| /| /| /| /| /| /| /| /|
✔✔four walling /|
,the top grossing tours of the last five years have been acts like
/| /| /| /| /| /| /| /| /| /| /| /| /|
Madonna, U2, Bon Jovi, etc. What is the primary reason these
/| /| /| /| /| /| /| /| /| /| /|
bands are consistently top drawing tours? - CORRECT ANSWERS
/| /| /| /| /| /| /| /| /|
✔✔Their audience is older and has more disposable income
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Concert promoters contract for artists services through -
/| /| /| /| /| /| /| /|
CORRECT ANSWERS ✔✔Booking or talent agencies /| /| /| /| /|
What is scaling the house? - CORRECT ANSWERS ✔✔setting ticket
/| /| /| /| /| /| /| /| /| /|
prices
When the talent agency requires that the promoter give their artist
/| /| /| /| /| /| /| /| /| /|
top bill on all tickets, advertisement and press releases, he is
/| /| /| /| /| /| /| /| /| /| /| /|
asking for - CORRECT ANSWERS ✔✔100% star billing
/| /| /| /| /| /| /|
The business jargon for complementary tickets is - CORRECT
/| /| /| /| /| /| /| /| /|
ANSWERS ✔✔comps /|
In concert promotion, "taking out the garbage" is considered
/| /| /| /| /| /| /| /| /|
______ - CORRECT ANSWERS ✔✔cartage
/| /| /| /|
The area of the stage between the curtains and the audience is
/| /| /| /| /| /| /| /| /| /| /| /|
called - CORRECT ANSWERS ✔✔the proscenium
/| /| /| /| /|
True or False: The concert promoter's budget is subject to
/| /| /| /| /| /| /| /| /| /|
approval by the talent agency? - CORRECT ANSWERS ✔✔True
/| /| /| /| /| /| /| /|
, What kind of deal with the promoter results in the promoter's fee
/| /| /| /| /| /| /| /| /| /| /| /|
being included as part of the break even expenses? - CORRECT
/| /| /| /| /| /| /| /| /| /| /|
ANSWERS ✔✔Promoter Profit Deal /| /| /|
In a promoter profit deal, the split after breakeven heavily favors
/| /| /| /| /| /| /| /| /| /| /|
who? - CORRECT ANSWERS ✔✔The artist
/| /| /| /| /|
The amount of revenue a concert would make if every ticket is sold
/| /| /| /| /| /| /| /| /| /| /| /|
is called _____________ - CORRECT ANSWERS ✔✔Gross Potential
/| /| /| /| /| /| /| /|
The person that hangs speakers, lights, and staging from the
/| /| /| /| /| /| /| /| /| /|
building's superstructure is called ________ - CORRECT ANSWERS
/| /| /| /| /| /| /| /|
✔✔The Rigger /|
The first part of an agency-promoter contract deals with _________ -
/| /| /| /| /| /| /| /| /| /|
CORRECT ANSWERS ✔✔fees, dates, and venues
/| /| /| /| /| /|
the term of most merchandising agreements is ____________ -
/| /| /| /| /| /| /| /| /|
CORRECT ANSWERS ✔✔one album cycle /| /| /| /|
Selling products with an artist's name or likeness on them is
/| /| /| /| /| /| /| /| /| /| /|
known as ______ - CORRECT ANSWERS ✔✔merchandising
/| /| /| /| /| /|
A coordinated body of methods, an organizational scheme, or a
/| /| /| /| /| /| /| /| /| /|
plan of procedure is called a _______ - CORRECT ANSWERS
/| /| /| /| /| /| /| /| /| /|
✔✔system
Rolston - MBU 1110 questions with /| /| /| /| /| /|
answers
The term of a merchandising agreement is typically - CORRECT
/| /| /| /| /| /| /| /| /| /|
ANSWERS ✔✔one album cycle /| /| /|
Fees that are charged when a venue retails merch for the artist -
/| /| /| /| /| /| /| /| /| /| /| /| /|
CORRECT ANSWERS ✔✔Hall fees /| /| /|
What happens to advances if sales goals are not reached -
/| /| /| /| /| /| /| /| /| /| /|
CORRECT ANSWERS ✔✔they must be repaid /| /| /| /| /|
The contract between the agency and the promoter has two parts,
/| /| /| /| /| /| /| /| /| /| /|
the _____ and the _____. - CORRECT ANSWERS ✔✔Prima Facia /
/| /| /| /| /| /| /| /| /| /| /|
rider
Who in the music industry is responsible for finding work for the
/| /| /| /| /| /| /| /| /| /| /| /|
artist? - CORRECT ANSWERS ✔✔Agents
/| /| /| /|
When a promoter rents a venue with just the most basic services
/| /| /| /| /| /| /| /| /| /| /| /|
(Heat and Air; Work lights, etc) it is called - CORRECT ANSWERS
/| /| /| /| /| /| /| /| /| /| /| /|
✔✔four walling /|
,the top grossing tours of the last five years have been acts like
/| /| /| /| /| /| /| /| /| /| /| /| /|
Madonna, U2, Bon Jovi, etc. What is the primary reason these
/| /| /| /| /| /| /| /| /| /| /|
bands are consistently top drawing tours? - CORRECT ANSWERS
/| /| /| /| /| /| /| /| /|
✔✔Their audience is older and has more disposable income
/| /| /| /| /| /| /| /|
Concert promoters contract for artists services through -
/| /| /| /| /| /| /| /|
CORRECT ANSWERS ✔✔Booking or talent agencies /| /| /| /| /|
What is scaling the house? - CORRECT ANSWERS ✔✔setting ticket
/| /| /| /| /| /| /| /| /| /|
prices
When the talent agency requires that the promoter give their artist
/| /| /| /| /| /| /| /| /| /|
top bill on all tickets, advertisement and press releases, he is
/| /| /| /| /| /| /| /| /| /| /| /|
asking for - CORRECT ANSWERS ✔✔100% star billing
/| /| /| /| /| /| /|
The business jargon for complementary tickets is - CORRECT
/| /| /| /| /| /| /| /| /|
ANSWERS ✔✔comps /|
In concert promotion, "taking out the garbage" is considered
/| /| /| /| /| /| /| /| /|
______ - CORRECT ANSWERS ✔✔cartage
/| /| /| /|
The area of the stage between the curtains and the audience is
/| /| /| /| /| /| /| /| /| /| /| /|
called - CORRECT ANSWERS ✔✔the proscenium
/| /| /| /| /|
True or False: The concert promoter's budget is subject to
/| /| /| /| /| /| /| /| /| /|
approval by the talent agency? - CORRECT ANSWERS ✔✔True
/| /| /| /| /| /| /| /|
, What kind of deal with the promoter results in the promoter's fee
/| /| /| /| /| /| /| /| /| /| /| /|
being included as part of the break even expenses? - CORRECT
/| /| /| /| /| /| /| /| /| /| /|
ANSWERS ✔✔Promoter Profit Deal /| /| /|
In a promoter profit deal, the split after breakeven heavily favors
/| /| /| /| /| /| /| /| /| /| /|
who? - CORRECT ANSWERS ✔✔The artist
/| /| /| /| /|
The amount of revenue a concert would make if every ticket is sold
/| /| /| /| /| /| /| /| /| /| /| /|
is called _____________ - CORRECT ANSWERS ✔✔Gross Potential
/| /| /| /| /| /| /| /|
The person that hangs speakers, lights, and staging from the
/| /| /| /| /| /| /| /| /| /|
building's superstructure is called ________ - CORRECT ANSWERS
/| /| /| /| /| /| /| /|
✔✔The Rigger /|
The first part of an agency-promoter contract deals with _________ -
/| /| /| /| /| /| /| /| /| /|
CORRECT ANSWERS ✔✔fees, dates, and venues
/| /| /| /| /| /|
the term of most merchandising agreements is ____________ -
/| /| /| /| /| /| /| /| /|
CORRECT ANSWERS ✔✔one album cycle /| /| /| /|
Selling products with an artist's name or likeness on them is
/| /| /| /| /| /| /| /| /| /| /|
known as ______ - CORRECT ANSWERS ✔✔merchandising
/| /| /| /| /| /|
A coordinated body of methods, an organizational scheme, or a
/| /| /| /| /| /| /| /| /| /|
plan of procedure is called a _______ - CORRECT ANSWERS
/| /| /| /| /| /| /| /| /| /|
✔✔system
