Glossary
Settlement
Settlement is the accounting after a show that turns ticket revenue, expenses and the deal terms into what the artist and promoter are each paid.
Also called: show settlement, settling the show, settlement sheet
Last updated
Definition
At settlement the promoter (or venue) and the artist representative agree the final ticket count against the manifest, the gross and net box office, the agreed expenses and the deal, then sign a settlement sheet. Accurate counts during the on-sale make settlement faster.
Formula
Show net = NBOR − agreed show expenses
Worked example
NBOR of $9,500 less $4,000 of expenses leaves a show net of $5,500; the versus deal on the settlement sheet turns that into the artist payment.
Illustrative numbers, not a real show.
In a TicketCounts.io report
TicketCounts.io reports show ticket counts, not revenue, so they are not a settlement sheet. Settle against the final count and the manifest from your ticketing platform.
Automate this
TicketCounts.io reads tickets sold from Eventbrite or Universe and emails the count to your list on the days and time you choose, so nobody has to pull it by hand. Free for 1 active event report. New accounts get 14 days of Pro, no card needed.