Blue violet is rock band planning tour around

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Blue violet is a rock band planning a tour around US for the 2024-2025 season. Their option in New Jersey is to make two presentations at the prudential center in Newark. Prudential Center is offering the band a compensation of $300,000 per show. Blue Violet estimates that the prudential will be selling the tickets for an average price of $200 and offers the center a new alternative. They will not get the fixed compensation, and instead they will collect 50% of the revenue the center makes those days for tickets, parking, and the sale of the tour t-shirts. under which circumstances would the deal benefit the Band? what about the center?

Reference no: EM133331257

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