Friday, August 06, 2010

Sid Bernstein on promoting the Shea Stadium concert

"I let the word out to a few reporters and the phones came off the wall. I didn't have a formal contract, nor did I have the agreed $100,000 fee, let alone even $10,000. I was in bad shape because I had lost heavily on some other concert venues. Carnegie Hall, a year ago, had just helped pay off some old debts. I asked Brian to draw up a contract, but by the time I heard from him again I already had $180,000 in the bank on tickets sold. Brian had asked for $50,000 on signing and another $50,000 was payable about a month before the concert in August. When he sent me the contract, he was surprised to get the full $100,000 immediately."

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