Case Study: Contemporary Chamber Ensemble
Gross Revenue Time Series
This section reviews the overall gross revenue numbers for 2002-2010 for the Contemporary Chamber Ensemble. For more detail year by year, including definitions for each category, visit the appendix.
The ensemble signed with professional management in 2004, who took over tour booking and management role, and you see an immediate result the following year.
Like many in the classical field, live performance fees makes up the overwhelming majority of the ensemble’s income.
In the period 2002-2010, nearly all of the Ensemble’s income (95.4%) comes from live performance fees, with 2.4% attributed to selling CDs on tour. Starting in 2005, the Ensemble began a relationship with a large independent label and released five records from 2005–2010. Record royalties total just 0.1% of their income during this period, while recording fees for appearing as a guest ensemble on someone else’s record account for 0.4%. In 2010, the Ensemble began formally coaching student chamber music ensembles in an educational partnership with a conservatory, and the teaching income from that year comes from that partnership.
Next: Income v Expenses