Tupac Hologram

Throughout my life I have seen many huge celebrities come and go and some of my favorite artists have also come and gone. One of my favorite artists of all-time is Tupac Shakur. With some of his great hits as California Love, Changes, and many many others, he has personally reached out to my life and helped me form the person that I am today, hardworking, talented, and the tenacity to make it in an industry such as this. So when I had heard the rumor that he was playing at Coachella, I was taken aback and realized that this isn’t real. I finally figured out that it was in fact a hologram. The hologram looked very, very real. Many of the patrons were shocked to see Tupac and Snoop Dog performing together after so many years. It also sparked up the interest in Tupacs back catalog, which helped make his record companies a lot of money

It got me thinking as a person who is really excited about live entertainment, how come I had never heard about the ability to have holograms perform for the purpose of making money. So I started to dig into in and found out that it is not reasonable if I could set up a show every day with many artists and keep the seats in my live venue filled up, I would be able to make a ton of money. At a cost of only $100,000 to $400,000 rumored it seems a bit out of my price range for the venue, but maybe one day I would be able to run several artists everyday, in order to maximize profit margin.

As this technology takes off I realized that I need something like this in order to promote my live venue and take it a step above the rest of the other live venues out there. I would love to eventually be able to find and afford a hologram machine.

Live Event Finances

Live event management is what my passion is and I realize that there are many factors that go into the finances of getting a live show going. Personally I have worked on several live events and love it. I have also found out that there are many artists and or performers that will not perform if there are financial issues. The first thing that many people over look for a live event show is paying the artist. There are a few schools of thought on this subject. The first being, that the band should take a pull from the door and the bar after the expenses of the show are paid for. The second being that the band should only get money for the tickets that they sell. I would rather, with large acts, get paid through the bar and door pull because generally at live events people like to have a few beers and get a little loose so the party can be more fun. This means that for me and the artist there will be more profit to be made.

            Another very large financial issue for live events is the fact that the venue has to be paid for, that and all of the equipment. In my case, I will be owning the venue and the equipment so the only thing I would have to worry about, after initial payment, would be up keep, which is generally cheaper, depending on the problem.

            The final issue would be the people needing and wanting that great luxury that is associated with many large scale venues. I would need to provide sky boxes and nice suites so deep-pocketed patrons could come and enjoy the show in their own style

            After seeing how many financial decisions and responsibilities are put into making a live venue run smoothly, I am very glad that I can learn about finances from this class.