IBOV 175,739 ▼ 1.20% IPSA 10,928 ▲ 0.16% IPC MEX 65,973 ▼ 0.79% MERVAL 3,235,295 ▼ 1.37% COLCAP 2,307.67 — UNCH BVL PERÚ 56,917.82 ▼ 0.86% USD/BRL5.13▼ 0.10% USD/MXN17.52▼ 0.05% USD/CLP932.70▼ 0.02% USD/COP3,245▼ 0.56% USD/PEN3.40▼ 0.23% USD/ARS1,482▼ 0.07% USD/UYU40.22— 0.00% USD/PYG6,045▲ 1.22% USD/BOB10.35▲ 6.04% USD/DOP58.50▲ 0.72% USD/CRC448.53▲ 1.22% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.41% USD/NIO36.62▲ 0.63% USD/VES722.19▲ 0.24% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.70% USD/TTD6.74▲ 1.05% EUR/BRL5.85▲ 0.43% BRENT 87.16 ▲ 4.63% WTI 80.79 ▲ 3.39% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.23% GOLD 4,024 ▲ 0.67% SILVER 58.11 ▲ 0.83% SOY 1,188 ▼ 1.21% CORN 457.50 ▲ 4.51% WHEAT 630.50 ▲ 0.56% COFFEE 336.25 ▼ 1.51% SUGAR 14.77 ▲ 0.14% ORANGE JUICE 137.15 ▼ 7.24% COTTON 82.00 ▲ 2.72% COCOA 5,742 ▲ 0.81% BEEF 230.83 ▼ 1.86% CATTLE 354.20 ▼ 0.11% LITHIUM 70.24 ▼ 2.88% PETR4 40.66 ▲ 2.55% VALE3 72.85 ▼ 1.79% ITUB4 43.52 ▼ 1.76% BBDC4 18.77 ▼ 0.48% ABEV3 15.83 ▲ 0.06% BBAS3 20.24 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SILVER 58.11 ▲ 0.83% SOY 1,188 ▼ 1.21% CORN 457.50 ▲ 4.51% WHEAT 630.50 ▲ 0.56% COFFEE 336.25 ▼ 1.51% SUGAR 14.77 ▲ 0.14% ORANGE JUICE 137.15 ▼ 7.24% COTTON 82.00 ▲ 2.72% COCOA 5,742 ▲ 0.81% BEEF 230.83 ▼ 1.86% CATTLE 354.20 ▼ 0.11% LITHIUM 70.24 ▼ 2.88% PETR4 40.66 ▲ 2.55% VALE3 72.85 ▼ 1.79% ITUB4 43.52 ▼ 1.76% BBDC4 18.77 ▼ 0.48% ABEV3 15.83 ▲ 0.06% BBAS3 20.24 ▼ 1.65% B3SA3 15.12 ▼ 1.95% WEGE3 44.39 ▼ 4.56% PRIO3 57.20 ▲ 3.16% SUZB3 41.49 ▼ 0.14% RENT3 40.20 ▼ 2.19% AZZA3 19.22 ▲ 0.63% CSAN3 3.90 ▼ 4.18% RAIZ4 0.33 ▼ 5.71% PCAR3 2.59 ▼ 5.13% GMAT3 3.94 ▼ 0.76% PSSA3 54.04 ▼ 1.69% CVCB3 1.25 — 0.00% POSI3 3.99 ▲ 0.50% SLCE3 13.87 ▼ 1.07% NATU3 8.60 ▼ 0.92% BRKM5 6.94 ▲ 4.68% RANI3 7.95 ▼ 0.75% CSNA3 5.24 ▲ 1.16% CMIN3 5.45 ▲ 4.21% USIM5 8.38 ▼ 0.83% GGBR4 22.82 ▼ 0.83% ENEV3 26.88 ▼ 2.43% CPFE3 46.84 ▼ 2.15% CMIG4 11.07 ▼ 2.72% EQTL3 40.21 ▼ 1.71% LREN3 14.15 ▼ 3.21% VIVT3 34.73 ▼ 2.85% RAIL3 14.11 ▼ 1.74% KLABIN 17.48 ▼ 0.34% RAIA DROGASIL 18.20 ▼ 3.04% RDOR3 35.56 ▼ 1.28% HAPV3 10.46 ▼ 1.32% FLRY3 16.15 ▼ 1.64% SMTO3 16.37 — 0.00% UGPA3 30.93 ▲ 0.72% VBBR3 32.76 ▼ 0.73% BBSE3 40.28 ▼ 0.17% BPAC11 57.52 ▼ 2.06% CURY3 33.12 ▼ 3.19% AERI3 2.08 ▼ 0.48% VIVARA 23.11 ▼ 1.79% COMPASS 24.77 ▼ 2.86% VAMOS 3.02 ▼ 1.31% SANB11 27.37 ▼ 0.91% ASAI3 8.71 ▼ 1.80% SBSP3 30.37 ▼ 2.38% WALMEX 49.66 ▲ 0.69% GMEXICO 195.76 ▼ 1.74% FEMSA 225.36 ▲ 0.92% CEMEX 21.79 ▼ 0.32% GFNORTE 181.91 ▼ 2.51% BIMBO 55.97 ▼ 0.23% TELEVISA 9.58 ▼ 1.54% AMX 22.86 ▲ 0.70% GAP 407.66 ▼ 1.17% ASUR 278.66 ▼ 2.27% OMA 232.47 ▼ 1.70% KOF 181.26 ▲ 0.62% GRUMA 281.09 ▼ 0.87% SQM-B 67,211 ▼ 0.80% COPEC 6,057 ▼ 1.33% BSANTANDER 78.20 ▼ 1.01% FALABELLA 5,905 — 0.00% ENELAM 84.20 ▼ 1.41% CENCOSUD 2,040 ▼ 0.25% CMPC 1,078 ▼ 2.80% BANCO CHILE 185.00 ▼ 2.05% LATAM AIR 24.90 ▼ 5.18% YPF 77,175 ▲ 3.73% GGAL 8,095 ▼ 2.88% PAMPA 5,225 ▲ 0.87% TXAR 661.50 ▼ 1.42% ALUAR 964.50 ▼ 1.13% TGS 9,580 ▼ 0.16% CEPU 2,324 ▼ 3.01% MIRGOR 17,050 ▼ 1.16% COME 44.85 ▼ 2.31% LOMA NEGRA 3,500 ▼ 2.30% BYMA 308.25 ▼ 1.83% TELECOM ARG 4,248 ▲ 0.06% ECOPETROL 15.88 ▲ 1.93% BANCOLOMBIA 80.42 ▼ 3.05% GRUPO AVAL 4.91 ▼ 3.16% CREDICORP 389.22 ▼ 2.89% SOUTHERN COPPER 174.53 ▼ 0.74% BUENAVENTURA 29.82 ▼ 0.60% MERCADOLIBRE 1,867 ▲ 0.81% NUBANK 13.67 ▼ 0.65% XP 16.37 ▼ 3.25% PAGSEGURO 9.28 ▲ 0.32% STONE 11.15 ▼ 0.54% GLOBANT 32.12 ▲ 7.21% TECNOGLASS 42.84 ▼ 2.41% GAP AIRPORT 232.77 ▼ 1.22% ASUR 278.66 ▼ 2.27% OMA AIRPORT 106.13 ▼ 1.77% AMX ADR 26.02 ▲ 0.04% FEMSA ADR 129.01 ▲ 1.06% CEMEX ADR 12.45 ▼ 0.24% PETROBRAS ADR 17.88 ▲ 3.23% VALE ADR 14.18 ▼ 1.94% ITAU ADR 8.47 ▼ 1.74% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.06 ▼ 0.33% CSN 1.03 ▲ 1.49% GERDAU 4.49 ▼ 0.22% LATAM ADR 53.33 ▼ 5.53% BTC 62,732 ▲ 0.79% ETH 1,797 ▲ 1.31% SOL 75.36 ▲ 0.67% XRP 1.07 ▲ 0.36% BNB 570.65 ▲ 0.71% ADA 0.16 ▲ 0.87% DOGE 0.07 ▲ 0.42% AVAX 6.43 ▼ 0.22% LINK 7.96 ▲ 1.13% DOT 0.84 ▲ 0.29% LTC 43.73 ▲ 0.55% BCH 237.58 ▲ 0.57% TRX 0.32 ▲ 0.26% XLM 0.18 ▼ 0.20% HBAR 0.07 ▼ 0.59% NEAR 1.98 ▲ 3.35% ATOM 1.52 ▼ 0.71% AAVE 96.46 ▲ 2.23% SELIC 14.25% EMBRAER 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Tuesday, July 14, 2026

São Paulo Life & Culture

How Unknown Cover Bands Won Millions From São Paulo City Hall

By · July 14, 2026 · 5 min read

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Key Facts

The money. Four little-known cover bands were hired at least 73 times by São Paulo’s city hall in 15 months, for over R$2.3 million ($457,000).

The link. All were tied to producer Fabrício Raveli, whose brother ran events at the city tourism body SPTuris.

The comparison. One band, RockFun Legends, was paid R$45,000 ($8,900), the same fee rapper MV Bill earned at the huge Virada Cultural festival.

The rule. A 2022 city ordinance caps such acts at R$3,500 to R$7,400 unless they are acclaimed by critics or the public.

The probe. The city audit court, the TCM, has opened an inquiry after a councillor’s complaint; the producer did not comment.

A cluster of barely-known cover bands pulled millions of reais from São Paulo’s city hall in little over a year, a case now under investigation. It offers a rare, plain look at how public culture money can flow to the well-connected.

How Unknown Cover Bands Won Millions From São Paulo City Hall. (Photo internet reproduction)
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The story was reported by the news site Metrópoles. It found four rock cover bands, all created in 2023 and 2024, hired at least 73 times by the city in 15 months.

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What the cover bands were paid

Together the four collected more than 2.3 million reais, about 457 thousand US dollars. None had ever been hired by any other public body, and they performed almost exclusively at events run by one producer.

The fees stand out against the market. At a typical São Paulo rock bar, a cover band earns roughly 500 reais per musician, because supply of such groups is high and demand is low.

One band, RockFun Legends, was paid 45 thousand reais, about 8,900 US dollars, for a single show. That is the same fee the well-known rapper MV Bill received to play the city’s giant Virada Cultural festival.

Stranger still, that show was reportedly staged at five in the afternoon on an ordinary Tuesday, at a municipal cultural centre, with no prior publicity. The day, time and price are all unusual for the city’s cultural calendar.

The family connection

The common thread is producer Fabrício Raveli, who owns the events the bands played. According to the reporting, those events were funded by the culture secretariat and staged by the city tourism company, SPTuris.

SPTuris’s events manager was his brother, Rodrigo Raveli. The city says it removed him from the post after the column first exposed the relationship between the two.

How the rules were bypassed

A 2022 city ordinance sets fees for such performances between 3,500 and 7,400 reais, and requires a price survey among several musicians first. The high payments relied on an exception for artists acclaimed by critics or the public.

The audit court found that the proof of such acclaim was, in two cases, merely promotional material prepared by the contractor itself. Auditors also found no evidence the shows had been publicised, nor confirmation some had even taken place.

The case reaches beyond one producer. A separate investigation by the outlet Agência Pública found the city paid about 5.1 million reais to 14 low-audience artists since 2023, often despite unfavourable internal reviews.

For a foreign reader, the episode is a small window onto a familiar risk. When public money meets loose rules and family ties, the line between culture funding and favour can blur, which is exactly why the audit court is now looking.

Why were the cover bands paid so much?

The high fees relied on an exception in city rules for artists acclaimed by critics or the public. Auditors found that, in some cases, the only proof of such acclaim was promotional material the bands supplied themselves.

Who is being investigated?

The city audit court, the TCM, opened an inquiry into the contracts after a complaint by a city councillor. The producer at the centre of the case did not comment, and the city says it removed his brother from his events role.

Is this part of a wider problem?

It appears so. A separate investigation found São Paulo’s city hall paid about 5.1 million reais to 14 little-known artists since 2023, in several cases against unfavourable internal recommendations.

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Frequently Asked Questions

Why were these little-known cover bands paid so much by São Paulo's city hall?

The high fees relied on an exception in a 2022 city ordinance for artists acclaimed by critics or the public. Auditors found that in some cases the only proof of that acclaim was promotional material prepared by the contractor itself.

Who is being investigated in this case?

The city audit court, the TCM, opened an inquiry after a complaint by a city councillor. The producer at the center of the case did not comment, and the city says it removed his brother from his events manager role at SPTuris.

Is this an isolated case or part of a wider problem?

It appears to be part of a wider problem. A separate investigation found the city paid about 5.1 million reais to 14 low-audience artists since 2023, often despite unfavourable internal reviews.

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