Live Show Scaling Formula
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A breakdown of how to scale live entertainment shows and events based on successful models like Cirque du Soleil, Blue Man Group, and smaller event series.
Core Business Model
- Create one high-quality show format that can be replicated
- Tour extensively to maximize reach
- Replace performers with lower-cost talent over time
- Focus on ticket sales and sponsorships for revenue
Key Revenue Numbers
- Cirque du Soleil ecosystem:
- Cirque: 10M tickets/year
- Blue Man Group: 2M tickets/year
- VStar Entertainment: 2M tickets/year
- Total: 14M tickets sold annually
Market Opportunity
- Growing demand for live experiences as world becomes more digital
- Strong potential in:
- Music festivals
- Plays and musicals
- Kids entertainment shows
- Religious-themed events
- Educational entertainment (dinosaurs, science)
Successful Event Models
Large Format Shows
- Target family entertainment
- Use existing IP (TV, YouTube, etc.)
- Price points: $50-90 per ticket
- Multiple shows per weekend
- Include merchandise and concessions
- Example: Blippi Live Show
- 2,000+ attendance per show
- 8 shows per weekend
- ~$120,000 revenue per show
- Tours city to city
Small Format Events
- Target specific communities (e.g., women in tech)
- Use multiple speakers to drive attendance
- Price points: $25-30 per ticket
- Revenue model:
- Ticket sales cover costs
- Sponsorships drive profit
- Low overhead (venue + basic amenities)
- Example: The Hustle's 2X Events
- 15 speakers per event
- $3,000 venue cost
- $20,000+ revenue per event
- Easy to replicate in different cities
Keys to Success
- Quality content that drives word-of-mouth
- Target underserved communities
- Leverage speaker/performer networks
- Keep production costs low
- Focus on sponsorships for profitability
- Create repeatable, scalable formats
09:07 - 09:32
Full video: 13:08SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.