Ati Sh100 million!? Netizens bitterly divided about how much money Sol Fest made
Sauti Sol's Sol Fest concert will arguably go down as one of Kenya's biggest-ever shows! Not only did it deliver as far as the performers and music went, but also for the sold-out crowd that the band estimated at 15,000 strong.
Since then, many Kenyans have speculated how much the band might have made from such an 'outwardly' successful concert.
One particular X user going by the name of WanjiiiTr postulated that the concert had earned close to Sh 100 million in revenue.
This should trigger your mind…
600 VIP tickets for 20K = 12M
400 more for 25K = 10M
600 Fan tickets for 6.5k = 3.9M
13.5K regulars for 3.5k = 47.250M
2K more for 4.5k = 9M
Partnership/ vendors/ grants = 15M
Approx = 97.15M Perfect scenario for yrs of investment.
The post attracted many comments from Kenyans with some agreeing to the breakdown, while others said that the math wasn't mathing.
Check out some of the comments below;
Paul Mwago @P_Mwago Really? I've heard severally from different sources Nairobi's paying concert market is about 3,000 people. And I tend to think it may be true.
1.7KW4N74L4@WanjiiiTr· I had friends from as far as Meru. 3,000 is an understatement. Plus that crowd? That CROWD?
1.5KAraphart_Real.@FarajHassan19· Ebu fanya Minus hapo sasa...?
W4N74L4@WanjiiiTr· Minus 15M (Max) on Bills we bakisha 82.15M. Still on target.3
YOUnique Man@GeorgeYOUniq_Right on mark Had estimated around 100m
1.5KW4N74L4@WanjiiiTr·Bright minds...
Chief Kivoi@ChiefKivoi_When Nyashinski said "Nikipenya mnapenya but your eyes can't see.." If the industry gate keepers could support real talent we could be having 10-20 artists with this kind of economic force. That's huge.
dude of nare@sundayy000· Siet,,, akili mtu wangu
THE DUKE OF BURUMBA@Am_Allano·Jaba..No event ..I repeat No event ever..can get your money back through ticket sales,However "Successful" it may look from outside, Zaa ndaniii hizi..Take it to bank
302kiarie@EngPKiarie I doubt the 15K figure they gave. But undoubtedly this was one of the few events in Nairobi that actually made profits in the range of tens of millions.
Schlong@realEmbokoh Do you know what a 10k crowd looks like? The crowd was at best 3k
Cleophas@QatQiZa· Mahesabu ya jaba. Anyway, these concerts usually make more from endorsements than they do gate collections. Plus the logistics and planning would consume 85% of the revenues. You are making it look like people collect money from the gate and walk away with it.
201W4N74L4@WanjiiiTr·Logistics & Planning: 85%? Well done.
What do you think?
BY GEOFFREY MBUTHIA
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