Maybe, I mean that whole culture sort of died out and moved onto parties at clubs which has a very real profit ceiling.

The biggest party I threw drew close to ~6K people at $30 a head. After expenses we cleared about 75K. All in cash, mind you. There are probably still parties that big in Europe and/or Asia, but in the states, it's all in clubs these days. That particular party was in the basement of a civic center and was relatively legit.

O yeah. I just organized one that netted (after expenses) three times my annual salary as an IBM consultant.