Where are musicians making money? On the road.

On the road. Where are musicians making money?
When they played Shea Stadium on Aug. [This was my weekly column for Global News. A typical show would bring in $750,000 (the equivalent of $3.1 million today), a huge number. Ten dollars seems cheap, but that was the equivalent to around $40 in 2018. Note the price. Consider, too, that manager Peter Grant had extracted a 90-10 split between the band and promoters. It was a nice payday but paled in comparison when it came to revenue from record sales. Keep reading. A typical show would bring in $750,000 (the equivalent of $3.1 million today), a huge number. Consider, too, that manager Peter Grant had extracted a 90-10 split between the band and promoters. Here’s a Led Zeppelin ticket stub from a show in Seattle on July 17, 1977. Ten dollars seems cheap, but that was the equivalent to around $40 in 2018. – AC]
We can credit The Beatles as being the first stadium band. Selling at a clip of 72,000 tickets a day, that 1977 tour was a record-breaker in terms of box office grosses. Here’s me discussing everything on Global News Radio AM 640 Monday morning. 15, 1965, no other act had played in front of so many people (55,000) and raked in so much money ($304,000 or about $2.4 million in 2018 dollars; all dollar figures in this piece are U.S.) in ticket sales for a single gig. Selling at a clip of 72,000 tickets a day, that 1977 tour was a record-breaker in terms of box office grosses.