Well. I recall Keith Valcourt saying that they hoped to break even this year, this was before the planned post Kiss shows Vaults were scrapped and they hoped to sell another 1000 this year and then they had broken even. They were at around 1500 units sold. another 1000 as Keith indicated brought that to 2.5k units sold which was the break even. The events were pulled for Im sure many reasons. Post event insurance, Paul displeased at him doing it as a Kiss show, Rhino just going, its no longer worth it, Id be very interested to know via Keith where that Vault project is at, if its at anywhere.Doose wrote: ↑Wed Aug 21, 2019 10:06 am Obviously investors are making some money, though, or they wouldn't keep investing in band-related items. I think things like the Koffeehouse and Mini-Gold were projects initiated by fans. Other things like LA KISS, Rock & Brews, etc. might have come through Epic Rights.
I don't understand Gene's speaking engagements. Why would any organization pay him $100k to speak? If it's a corporate gig, I get it. They have money to blow. If they are public events with ticket sales, like the ones in Canada are, there's no way they can make their money back.
I think the Vault made money for Rhino. I don't believe for a minute they made 5,000 units to start. I think they produce them as needed, maybe in batches of 250 or so, or maybe they did 1,000 for the tour. I can't imagine they cost more than $100-150 to produce (all inclusive of the CDs, booklet, etc.). At $2,500, even if they have expenses of $500 per unit (including manufacturing, shipping, travel, etc.), that's a $2,000 profit margin - 50% to Gene, 50% to Rhino. For every 500 sold, they're each netting $500k. Imagine how many CDs of another artist Rhino has to sell at $14.99 to net $500k.
Now I seriously doubt given genes Modus that he did anything other than give the tapes to Rhino to recover, clean and master.
It was a PR excercise for Gene.
and yes, if the business model is simply to lease/lend his name "GENE SIMMONS (OF KISS)" and image to any curious licencees who , for whatever reason want a Simmons association, for an upfront fee and a media push at launch then sure.
Its no different to, say, Van Damme hired to sell Coors light, or Jennifer Aniston selling shampoo. Its a PR gig as a paid shill. Thats not acute business acumen, thats a hited gig.
Now on the topic of endorsement/ association, I get Aniston selling shampoo, she has lovely hair, I get Clooney selling Nespresso, I get Mr Bean selling Snickers, I get Leno and Seinfeld selling Acura etc.
What I dont get is an endorser selling cannibis produsts and thinking, hey what about anti drug stiff Gene Simmons when clearly Snoop Dogg is the man
I dont get an endorser selling cola wanting a Simmons moneybags name on it. (warning, may only be bought by select middle aged white men who will buy it to collect and convince it isnt giving them diabetes)
I mean, This is a man who only wanted their final studio album called Monster simply so he could try to cajole them into an energy drink association.
He should be selling Fibre Thick. Or Simmons steaks (Gene buys and rears the cows from Israel, imports to USA , pops a flag on them, then bores the cows to an ethical death with his typical interviews and soundbytes) , Simmons hankerchiefs, Simmons blazers (look like you just stepped out of the 80s)
Selling stuff he actually uses and needs to a demographic that needs that crap.
I can imagine the Monster execs discussing this,
Exec One: So guys, Gene has approached us for an endoresement and cash deal if we partner. Now the logo is very close to ours and on the face , its an easy partner. Should we green light it? should we pay them?
Exec two: So , what are we really saying? If you are tired, jaded and past it, like Kiss, have a Monster energy DRINK TO ROCK AND ROLL ALL NIGHT? This isnt an optics excercise we really need guys, we need new vibrant young, not old, heritage acts trying to sell a new album no one wants. Pass.