@Sunil: I pretty much agree with you, but dont fully get your statement about promoters should start taking risks,etc. I dont get this. Sorry, but if someone starts to recommend me to take risks, I answer "come on, you dont even know what it means, taking risk." -this is nothing aimed to you Sunil, but more likely generic call.
I strongly recommend to everyone, go and book your venue, pay for lights and sound, do a strong promotion, hook with the DJs and pay their fees, do all the hard job in party prep, if you will be lucky you not loose,.... If you loose money, you can be happy because you did SOMETHING for techno music, hehe, and next time please take more risks ;-]
Making parties is two sides coin, and there should be more communication between promoter and DJ as both of these cant live one without the other,. This is where I feel kind of arrogance coming from DJside. Yeah, I see there is possibly many bastards so called promoters out there, who is chasing artists for money and doesnt stand by the conditions agreed and signed in the contract, that's another story.
Doesnt want to look like I am crying here wanting to change something what cannot be changed as this is the business part of thing which lives its own life, but nevermind,. One day, when there will not be a promoter who wants to pay the dj fees, noone interested in techno music, no techno parties at all, maybe then Djs will wake up. Of course respect to anyone who is doing their thing and who is open to any communication about fees and stuff.. keep it up.