There is all manner of ways that they could cut costs at stereo live and grind profits out of it for one thing they can hire cheaper regional talent is supposed to international highly paid DJs. They could simply rent the venue out to local promoters and let the promoters take the risk of concert profits.
I suspect they're looking at all of the above.
I plan to hold through the end of the year banking on the fact that something wicked will be a big moneymaker.
I am concerned that they have not announced who their talent is for Something Wicked and they are already engaged and pre-selling the show.
It's not unheard of for fans to buy tickets to events for mature shows without knowing who the talent is.
That being said I have very close friends in the concert business and one of them has a Halloween show in a neighboring market. They are up 300% in sales over last year and they have announced their talent roster.
I have another friend that has an EDM festival scheduled for March 2015 and they have already announced their talent.
There is a rumor that they are signing up base nectar to be there headline act base nectar is a huge draw.
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