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BUSINESS OVERVIEW Streaming live music from large to small venues across Canada Using a high definition technology most commonly used for business conferencing.

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Presentation on theme: "BUSINESS OVERVIEW Streaming live music from large to small venues across Canada Using a high definition technology most commonly used for business conferencing."— Presentation transcript:

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2 BUSINESS OVERVIEW Streaming live music from large to small venues across Canada Using a high definition technology most commonly used for business conferencing called “Teleprescence”

3 BUSINESS OVERVIEW We obtain live music feed from large promoters who hold the rights to each show Live feed from Rogers Centre Odeon Events Centre The Distrikt Vancouver Saskatoon Regina

4 Marketing Strategy

5 NETWORKING 1.Small venues Renting out the Odeon and the Distrikt 2.Large Promoters Rent out and market the show for bands for the entire tour Have rights to the live show Charge us for the audio & visual feeds $500 per small venue show

6 Local Music Fans from Saskatoon & Regina Brand new experience Still get the interaction of music goers Comparable to the cost of going to a movie – roughly $20 Goal: 150 fans in attendance per show TARGET MARKET

7 Use similar strategy to how promoters market live bands MARKETING

8 Financials

9 COST/SHOW Renting the Eventplex $350 Security $390 Lights and Sound $450 Sound Technician $200 Marketing $400 Cost for Live Feed/show $500 IT Staff$240 Total Cost$2,530

10 PROFIT/SHOW 20122013201420152016 Number of Customers/show150 Ticket Price $20.00$ 20.50 $21.01 $21.54 $22.08 Revenue/show $3,000 $3,075 $3,152 $3,231 $3,311 Cost Per Show $2,530 $2,577 $2,646 $2,706 $2,782 Profit per show$470$498$506$525$529

11 EXPANSION 20122013201420152016 Number of Small Venues22345 20122013201420152016 Equipment $162,957 - $58,200 Working Capital $15,065 - - - - Total Equity Investments$178,022 Capital Budget

12 Based on 8 shows per month at each small venue PROJECTED PROFIT 20122013201420152016 Gross Profit $184,320 $188,928 $315,692 $448,676 $588,112 Operating Expenses $171,985 $195,534 $241,427 $308,862 $376,431 Net Income $12,335 $(6,606) $74,265 $139,813 $211,681

13 IRR (non-leveraged)= 59.1% Marketing strategy combined with technology and new experience Profitable business venture IRR & FEASIBILITY

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