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This is a dope breakdown that makes it simple to see how entertainers get fleeced. This is why it’s important to known when to look at entertainment as a business and when to look at it as an art. In simple math:
Revenue
$100 - Contract Payment
Expenses
$15 - Legal Fees
$15 - Manager Fees
$40 - Taxes
Balance
$30 - What You Get
So your $100 can end up being $30 before you even do one thing to fulfill the contract. Be smart when negotiating and don’t do business when you’re high or drunk.