Get the app →
BriefTea logoBriefTea

Every story in sixty words

Explained in plain English

Who pays for venues?

Venues are typically paid for by the concert promoters who organise the shows, like the one BTS just played. These promoters cover the venue hire costs, staff wages, and other operational expenses. They then aim to make a profit from ticket sales, merchandise, and sometimes even a cut of food and drink sales.

Stories that explain this

BTS claims credit for England's 3-2 World Cup win.

Questions this opens up

How do promoters make money? What are venue hire costs? Do bands get paid upfront?

Related explainers

How do venues get picked? Why do bands apologise for gaps? Who are BTS? The economics of touring What is K-Pop? World Cup football explained Who pays for the venues? Who pays for airport delays?

The full catalogue

Browse every card filed under P →