Events promoters are considerably impacted when occasions flop, however additionally they earn handsomely when occasions are profitable.
Speaking about how a lot a promoter invests in organizing a single live performance, promoter Balunywa revealed that he personally injected over 189 million Ugandan shillings into staging B2C’s live performance and 179 million into organizing Geosteady’s present.
He acknowledged that this cash goes in the direction of venue rent, promotions, commercials, safety, and lots of different features of occasion group.
“I spent UGX 189M on B2C’s present and UGX 179M on Geosteady’s. That’s how a lot a single live performance prices to prepare in Kampala,” he partly mentioned.
Promoter Balunywa additionally talked about that older-generation artists herald extra money in comparison with newer-generation artists, who are usually not as marketable to the general public.