Tuesday, July 7, 2020

[theqoo] RED VELVET CANCELLATION NOTICE FOR THEIR ENCORE CONCERT AT JAMSIL STADIUM WITH THE RENTAL FEE




100M won (~80K USD) for 2 days

original post: here

1. They're not only renting that place for 3 hours, they're also renting the entire area next to the concert hall no? Since they need to set up goods selling booths around. The area itself is already humongous

2. SM let's spoil us with a lot of online concerts pleaseㅠㅠㅠㅜ I'll give you the money...

3. Looks like having a concert isn't as profitable as I thought it would be, since they always talk about earning billions with concerts I thought they'd earn more than that

4. This is the reason why they don't do domestic concerts and prefers overseas

5. This is freaking expensive, that's almost as much as Japan's arena

6. That's why people say that they can't be profitable with tickets only

7. People always talk about how the renting fee isn't that high, but this is way more expensive than I thought. Me too, I've heard it so many times that they earn a lot of money from concerts, but if their rental fee is 100M won, I bet there's not that much money left in the endㅋㅋㅋ

8. They can maybe earn tens of thousands of won through ticket sales only, but even if they sell out everything, they will still be in debt, that's why they have to sell a bunch of goods

9. But if it's 100M won for 2 days, it's cheaper than I thought

10. Huh?? That's freaking expensive

11. Ah... So they cancelled the physical concert due to Corona;; f*ck my encore-con

12. Corona f*ck f*ck

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