whuhnerJunk wrote: ↑Sun Mar 15, 2020 10:46 pm
cowboy71 wrote: ↑Sun Mar 15, 2020 5:14 pm
At least VoA got a few shows in, and UTA would not have had a huuuge travel cost.
Feel for Omnium/Insomnium the most. All the way to the US from Finland for ONE. SHOW. That would have literally left them tens of thousands out of pocket.
Not to belittle Insominium Gatherum but they have the fanbase to recuperate and had accrued less costs only touring for a day instead of a week that VoA had. Just look at their respective fundraisers IG had multiple huge donations and hit close to their larger target in no time.
I don't think you're understanding the financial arrangement. The majority of the costs, like travel to the U.S. and reserving the tour bus, are fixed because they are paid in advance, and the revenue is variable with each show. Then this is recovered by the guarantee and merch sales with each iterative show. More shows = less losses. Less shows = more losses. 5 shows is 5x the opportunity to make money, with no real additional cost (except for fuel, food, booze).
Not saying VoA doesn't have a bad situation, but their costs didn't go up meaningfully doing more shows. It's like the old joke goes, you can't make up for a negative margin on volume. If more shows was more losses, then every tour would be an absolute financial blowout and there would be no such thing as tours.