and presents Bene t EventMadison Music Company, VH1 Save e Music Foundation, and Sublime with Rome will produce abene t concert to raise awareness about the importance of music as part of each child’s completeeducation.
Executive Summary Madison Music Company is thrilled to have an opportunity to prepare an event that will bene t the VH1 Save e Music Foundation. Our event will unite the Los Angeles community in an eﬀort to raise awareness for music education. e purpose of the event is to raise money for the VH1 Save e Music Foundation while promoting Sublime with Rome - the continued legacy of the original, widely popular band, Sublime. e event is projected to raise over six million dollars for the foundation. FOX Broadcasting Company will lm live the night of the event for a special television broadcast.
Executive SummaryBefore the concert, there will be a meet and greet where fans that purchased VIP tickets can take pictures andget autographs from the members of Sublime with Rome. e ticket prices for the concert are as follows:general admission is $55, sub level seating is $85, platinum level seating is $115, and VIP seating is $205. eticket sales will bring in $8,315,000.e concert will take place on August 13th, 2011. A perfect time to celebrate the end of summer whilekickstarting the return to school for many. e event will be held at the Los Angeles Memorial Coliseumbecause the venue can hold about 95,000 people and California is perfect for Sublime’s target audience.
Day of show schedule: August 13th, 2011 Load in Setup seating Setup meet and greet Setup stage
Schedule cont. Concert artist relations Meet and Greet staff Concert Coliseum teardown/cleanup
Budget Venue: Coliseum = $25,000 Labor:5 employees @ $1,000 = $5,000 Subcontractors:Production Company = $2,500 Security = $4,500 Medical Staff = $3,000 Audio Director = $1,000 Video Director = $1,000 Broadcast Director = $1,000 Stage Manager = $1,000
Budget cont. Per Diem: Madison Music Company - 5 ﬂights @ 300 = $1,500 Sublime with Rome - 3 members @ 400 = $1,200 Personal Assistants - 3 assistants @ 300 = $900 Lodging = $5,000 Internet Advertising: Web Marketing = $750 Brochure Bundle = $3,000 Sponsors: VH1 Save The Music Foundation = $56,350 Proﬁt Share:Madison Music Company will give all proceeds from ticket sales (minus budget expenses) to VH1 Save The Music Foundation.
Total Revenue Admissions Concert: 2,000 VIP @ $205 = $410,000 31,000 Platinum @ $115 = $3,565,000 31,000 Sub @ $85 = $2,635,000 31,000 General @ $55 = $1,705,000 Total = $8,315,000$8,315,000 (ticket sales) - $56,350 (expenses) = $8,258,650 $6,000,000 will go to VH1 Save The MusicFoundation, with the remaining $2,258,650 going to Sublime with Rome.