Below is a breakdown of each calculation on Offers, Contracts, and Settlements. Terms are defined as “Potential” on Offers and Contracts to represent the full potential of that number whereas Settlements will reflect actuals.

Gross: Total Ticket Revenue calculated by Price * # of Tickets

Ticket Sales Tax: (Total Gross - Total Facility Fees and Pre-Settlement Fees) - ((Total Gross- Total Facility Fees and Pre-Settlement Fees)/(1+(Tax Rate/100)))
For more information on tax rate calculation visit this article

Adjusted Gross: Total Gross - Total Facility Fees, and other Pre-settlement Fees

Net Gross: Total Gross - Total Facility Fees, and other Pre-settlement Fees - Taxes

Net Revenue to Split: Net Gross Potential - Fixed Expenses - Variable Expenses - Promoter Profit

NOTES: This applies to Split Point Deals

Net Revenue (Promoter): Net Gross Potential - Fixed Expenses - Variable Expenses - Promoter Profit

NOTE: This applies to non-Split Point Deals

Fixed Expenses: The sum of all reported Fixed Expenses + Talent Pay included in Split*

*For Flat and Plus Deals, the artist Guarantee will be included in the Split Point. Support costs will also be included in the Split Point if “Include in Deal” is toggled on.

Variable Expenses: The sum of of all reported Variable Expenses

Promoter Profit: % * (Fixed Expenses + Variable Expenses)

Split Point: Fixed Expenses + Variable Expenses + Promoter Profit

Promoter Profit: % * Total Expenses

Breakeven: For detailed information of how breakeven is calculated visit this article.
Note that this can be removed from your offer, contact clientsuccess@prism.fm for this to be removed.

Ticket Scaling Terms

Sellable: Allotment - Comps - Kills

Per Ticket Fees: Sum of all Facility Fees and Pre-Settlement Fees per ticket

Net Price: Ticket Price minus all Per Ticket Fees

Note that these terms did change on February 28, 2022. To see the full detail on what changed, check out this article.

Please contact support@prism.fm or send us a chat with any questions!

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