Shiri Maimon's Caesarea Concert Grosses Over 1 Million Shekels
Translated & summarized from Ice by baba
Singer Shiri Maimon's sold-out concert at the Caesarea Amphitheater is expected to gross over 1 million shekels from 4,500 tickets. After deducting VAT, commissions, and significant production costs for staging, technical crews, and artistic elements, the operating profit is around 333,000 shekels. Maimon's estimated net profit after taxes is approximately 150,000 shekels, underscoring the career investment aspect of such large-scale performances.
The story in 5 lines · by baba
- Shiri Maimon's Caesarea concert grossed over 1 million shekels from 4,500 sold-out tickets.
- Production costs for the concert are estimated at approximately 550,000 shekels.
- Maimon's net profit after taxes from the event is expected to be around 150,000 shekels.
- VAT and ticket commissions account for over 197,000 shekels of the gross revenue.
- The singer recently discussed the personal and physical toll of her demanding career.
Israeli singer Shiri Maimon is set to perform at the Caesarea Amphitheater in a complex logistical and artistic production aiming for international standards. All 4,500 tickets for the show, priced between 169 and 319 shekels, have been sold out in advance. The gross revenue is projected to reach approximately 1,080,000 shekels.
Before Maimon takes the stage, various entities will receive their share. The Tax Authority will collect 18% VAT, amounting to about 157,923 shekels. Ticket sales and distribution commissions will take an additional 6%, totaling around 40,000 shekels, leaving the production with a net income before expenses of approximately 883,000 shekels.
The production costs are substantial. Site rental to the Nature and Parks Authority and the regional council is around 80,000 shekels. Sound, lighting, LED screens, staging, and technical crews will cost approximately 150,000 shekels. Licensing, security, ushers, and medical services require about 60,000 shekels.
Artistic expenses include musicians, backup singers, musical direction, rehearsals, new arrangements, and styling, makeup, and hair services, totaling approximately 130,000 shekels. Royalties to ACUM (the Israeli performing rights society) are estimated at 60,000 shekels, and a marketing and digital advertising budget that contributed to the quick sell-out cost about 70,000 shekels. Total production expenses amount to approximately 550,000 shekels.
After deducting all expenses, the operating profit is about 333,000 shekels, to be divided between the production and management company (typically 30%) and Maimon herself. Following personal income tax or corporate tax deductions, Maimon's estimated net profit from the sold-out concert is around 150,000 shekels. This highlights that even a full house at Caesarea yields more in career branding than immediate profit.
Maimon recently spoke about the personal and physical toll of her demanding career, including her participation in "Dancing with the Stars," noting the mental exhaustion and impact on her family life.