Hyderabad: Quake Arena founder opens up on money behind music
Hyderabad, Sept. 30 -- How much business can a nightclub do in a single night? For Quake Arena, founder Raja Srikar says one Black Coffee show brought in around Rs 2.4 crore. But behind the packed crowds, international artists and dazzling stage production lies a business where even huge collections do not automatically mean huge profits.
Speaking on Raw Talk with Vik, Srikar, the founder of Quake Arena and Amnesia Lounge Bar, opened up about building venues in Hyderabad, costly mistakes and the financial pressure that follows once the party ends.
A night worth Rs 2.4 crore
During the conversation, Srikar identified the Black Coffee event as Quake's biggest night in terms of business, putting its collections at approximately Rs 2.4 cro...
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