Definition
The versus deal protects the artist with a floor (the guarantee) and rewards a strong on-sale with a percentage. The exact base (NBOR, or NBOR after expenses) and percentage are set in the contract.
Formula
Artist payment = max(guarantee, percentage × (NBOR − show expenses))
Worked example
A $2,000 guarantee versus 85% of net: with NBOR of $11,000 and expenses of $6,000, 85% of $5,000 is $4,250, so the artist is paid $4,250.
Illustrative numbers, not a real show.
Work it out
- Promoter deal calculator
What do the artist and promoter each take under a guarantee, versus, 80/20 or door deal?
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