California here we go again

TOPMICS, NUMUSICSPIN & PROBE MAGAZINE PRESENTS:

Problema Lirical Dsn Performing Live at-
TOPMICS TOUR in CALIFORNIA 3/26/15

@ "PALADINOS" 6101 Reseda Boulevard, Tarzana, CA 91335

Florida

Cali here we come

TOPMICS TOUR in CALIFORNIA 

TOPMICS, NUMUSICSPIN & PROBE MAGAZINE PRESENTS: 

TOPMICS TOUR in CALIFORNIA 3/26/15 

@ "PALADINOS" 6101 Reseda Boulevard, Tarzana, CA 91335

Featuring California's Awesomeness/  

ROMEO SANCHEZ & 

KIDD ENVY

Example of a “360 Deal”

Example of a “360 Deal” (this is not an actual artist example):

Male rapper based in Atlanta with a strong following. He has his own team of inexperienced friends and family around him and a very strong street following. The DJs, fans, other artists and industry are supporting him and propelling him forward. With no real single or CD in the marketplace, demand is high—he’s getting $30,000 a show and performing three or four times a week for the past few months. This will last about 6 months, approximately. He’s put out a series of mixed CDs, for free, over the past year. The label signed him a year ago to a 360 Deal but hadn’t begun to promote him yet because their roster was full. The artist got tired of waiting and began putting out a new mixed CD every month to build his buzz.

Advance: $75,000
Album Budget once popularity increased: $350,000
Recoupable Marketing and Promotions: $750,000
Monthly Show Income: $420,000
Endorsement Deal: $50,000

Album comes out and sells a total of 350,000 copies (it was a very commercial album but the artist had been very street, almost gutter, up to the point of his album release so fans didn’t really embrace the album as expected).

Album income for label: $3.5 million
Artists’ Share after Recouping: negative balance of $405,000
$750,000 + $75,000 = $825,000
12% of $3.5 mill = $420,000
$825,000 – $420,000 = $405,000
Artist’s endorsement Deal Share: $37,500
75% of $50,000
Artists Share of Touring Income: $1,764,000
70% of $420,000 x 6 months
Artists Share of Publishing Income (50%): $100,000 (estimate of mechanicals and ASCAP/BMI royalties)
Income for Label: $4,773,500 gross income on an investment of $825,000
$3,500,000 sales
$405,000 recoupment
$12,500 endorsement income
$756,000 tour/show income
+ $100,000 publishing income
$4,773,500 gross income
Less Staff costs
Less Day to Day operating expenses
Less Taxes

Income For Artist: $1,122,375 income
$37,500 endorsement income
$1,764,000 tour income
+$100,000 publishing income
$1,901,500 sub total
-$405,000 recoupment
$1,496,500 gross income
Less 20% management fee
Less 5% Business Manager fee (Accountant)
Less Tour costs/legal costs/tour manager/DJ/Operating expenses/taxes

Let’s compare gross incomes…
Artist made 1.5 million while label made 4.7 million
Artist share: 24%
Label share: 76%

Let’s compare Net incomes before taxes…
Artist made approximately $1 million while the label made approximately $4.5 million
Artist share: 18%
Label share: 82%

If the label is taking all of the risk (they are not), putting up all of the money in all of the right places (they are not), devoting all of their attention to this one artist (they are not), and doing most of the work (they are not), then this business model makes sense for everyone involved. But if the artist is doing the bulk of the work, risking their career in the hands of the label, and coming out of their own pocket for many expenses, then this business model is hugely skewed in favor of the major label.

The Reunion February 16th South Beach

Miami Edition

TOPMICS | FIYAH VIBEZ | PLUSENTMG | PROBE MAGAZINE 

PRESENT:  TOPMICS TOUR  COMPETITION 

At MIAMI MONDAYS Starting FEB 16TH  10PM-5AMat "JAZID" 

1342 Washington Ave, Miami Beach, Fl  And Every Monday After

Featuring: The Top Independent Artists Nationwide

Competing for prizes and performing in front of label execs. 

With Host: "DVD"

Music By: "FIYAH VIBEZ"

Topmics is the perfect platform for independent artists looking to build their fan base. 

Topmics offers valuable industry exposure and networking opportunities through state to state live performances and online promotions.

PRIZES INCLUDE:

-"PROBE" MAGAZINE PLACEMENT 

- PERFORMANCE IN 2 TOPMICS STATE SHOWS

- ONLINE PROMOTION FOR A MONTH

Register By Sending your music for review to TOPMICS@GMAIL.COM 

-Artist Name-

-Number-

-Twitter or Facebook- 

- If selected we will contact you- 

$50:

PERFORM 2 SONGS in 1 STATE (7 MINUTES ON STAGE)

NAME ON E-FLIER

$100:

PERFORM OR COMPETE 2 SONGS in 1 STATE (7 MINUTES ON STAGE)

IMAGE ON INDIVIDUAL E-FLIER

MUSIC PROMOTED ONLINE 

MUSIC VIDEO PROMO

MULTIPLE PLATFORM ONLINE ARTIST PROMOTION

March is popping

TOPMICS MARCH

VA- 3/14/15 UBL

TX- SXSW (MAR 17-22)

FL- WMC/ (MAR 24-29) 

LA- 3/26/15   

GA- 3/28/15

3 STATES FOR $250

TOPMICS TOUR

LOOKING TO SET UP A PROMOTIONAL TOUR? 

GOT A ROSTER FULL OF ARTIST WHO NEEDS SHOWS?

TRYING TO BUILD YOUR BUZZ & FANBASE?

Topmics is the perfect platform for independent artists looking to build their fan base.

FEBRUARY
CT- 2/15/15 PROMOTER LEXX
IL- Chicago 2/23/15 
GA- 2/28/15
CO- PROMOTER YOUNG KALI

MARCH
TX- SXSW (MARCH 17-22)
FL- WMC/ ULTRA (MAR 24-29) 
GA- 3/28/15
LA- PROMOTER BILL/NUMUSIC 
VA- 3/14/15 SIdeline Sports Bar 

APRIL
VA- 
NY-
NJ- STREETS D RADIO
GA- 4/25/15

MAY
NY-
FL- MEMORIAL DAY WEEKEND (MAY 22-26)
LA- 

To register, send your music for review to TOPMICS@GMAIL.COM including artist name, contact, Twitter or Facebook. If selected, you will receive an e-mail with payment instructions to lock in your slot.