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Post by AndySQ84 on Oct 26, 2016 6:27:07 GMT
This answers a lot of questions why they had to carry on without Rick.
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Post by derryquo on Oct 26, 2016 6:51:23 GMT
This answers a lot of questions why they had to carry on without Rick. Does he? So what would have happened if he had been sick? |
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Post by The Lord Flasheart on Oct 26, 2016 8:11:09 GMT
This answers a lot of questions why they had to carry on without Rick. Does he? So what would have happened if he had been sick? The Insurance would have paid out and rescheduled . That's been the whole reason why they could not cancel Rick had no Insurance, it was to expensive to get him cover. |
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Post by paradiseflats on Oct 26, 2016 8:17:57 GMT
Does he? So what would have happened if he had been sick? The Insurance would have paid out and rescheduled . That's been the whole reason why they could not cancel Rick had no Insurance, it was to expensive to get him cover. Still doesn't answer why refunds were not offered. |
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Post by curiousgirl on Oct 26, 2016 8:26:39 GMT
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Post by jaynieeee on Oct 26, 2016 21:41:53 GMT
The Insurance would have paid out and rescheduled . That's been the whole reason why they could not cancel Rick had no Insurance, it was to expensive to get him cover. Still doesn't answer why refunds were not offered. No insurance, no pay out to cover (sunk) costs. Refund all the (face value) of the tickets = no income. Costs to be paid - advertising, hire of venue cancellation/rearrange charge, production of programmes, merchandise ordered to be paid for, management fee, payments to other band members/road crew, commissions for ticket agents, cancellation charges for catering....... A lot of financial commitments will have been entered into before dates are announced never mind mind them being on stage. Think along the lines if you had everything organised for a wedding you had to cancel at the last minute - how much will you have shelled out and no end product (yes, I know you wouldn't have had ticket sales - more that you will have incurred costs that you won't get back) |
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Post by paradiseflats on Oct 27, 2016 5:27:14 GMT
Still doesn't answer why refunds were not offered. No insurance, no pay out to cover (sunk) costs. Refund all the (face value) of the tickets = no income. Costs to be paid - advertising, hire of venue cancellation/rearrange charge, production of programmes, merchandise ordered to be paid for, management fee, payments to other band members/road crew, commissions for ticket agents, cancellation charges for catering....... A lot of financial commitments will have been entered into before dates are announced never mind mind them being on stage. Think along the lines if you had everything organised for a wedding you had to cancel at the last minute - how much will you have shelled out and no end product (yes, I know you wouldn't have had ticket sales - more that you will have incurred costs that you won't get back) Yes but it wouldn't have been all tickets. As the happy flappy crew who attend many Status Quo gigs wouldn't have known Rick wasn't there. It would have been a good will gesture, that they wouldn't have made as much profit. Lets say 10 people had asked for a refund, take 300 pound out of the profit. Hardly a big issue but a good will gesture. |
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Post by jaynieeee on Oct 27, 2016 22:19:49 GMT
No insurance, no pay out to cover (sunk) costs. Refund all the (face value) of the tickets = no income. Costs to be paid - advertising, hire of venue cancellation/rearrange charge, production of programmes, merchandise ordered to be paid for, management fee, payments to other band members/road crew, commissions for ticket agents, cancellation charges for catering....... A lot of financial commitments will have been entered into before dates are announced never mind mind them being on stage. Think along the lines if you had everything organised for a wedding you had to cancel at the last minute - how much will you have shelled out and no end product (yes, I know you wouldn't have had ticket sales - more that you will have incurred costs that you won't get back) Yes but it wouldn't have been all tickets. As the happy flappy crew who attend many Status Quo gigs wouldn't have known Rick wasn't there. It would have been a good will gesture, that they wouldn't have made as much profit. Lets say 10 people had asked for a refund, take 300 pound out of the profit. Hardly a big issue but a good will gesture. Widely publish that refunds are available & the reason why and it won't be 10 out of 300 looking for a refund and it will also affect sales. "Non-casual" (don't like term but best I can think of just now) have been falling by the wayside for a few years now, so audiences wouldn't have been what they used to be a few years backan which means that breakeven/into profit point is harder and harder to reach. It happens to most "mature" products/services at some point. |
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