• Studio Build & Design: Each studio will cost approximately $500,000 to $1M for construction, design, and equipment setup.
• Total for 50 studios: $25M - $50M
• Technology & Equipment: Premium equipment like DAWs, cameras, microphones, etc., for each studio will cost around $200,000 to $500,000.
• Total for 50 studios: $10M - $25M
• Operational Expenses: Staff, utilities, maintenance, marketing, and event management.
• Annual operating costs per studio: $200,000 - $500,000
• Total annual operating costs for 50 studios: $10M - $25M
Revenue Streams
• Brand Sponsorships: Estimated annual revenue from sponsorships: $15M
• Workshops & Masterclasses: Annual revenue from workshops: $25M
• Streaming Royalties: Revenue from content licenses and royalties: $50M
• Merchandising: Estimated annual revenue: $10M
Total Projected Annual Revenue for All Studios: $100M