Concert tickets or car payment?By
David
Is it frightening to think that an un-scalped ticket to see The Police this summer could be as high as $232? Jay-Z & Mary J. Blige… $172? Bon Jovi… $130? Alicia Keys… $125? Celine Dion… $185? Now, it is no secret that most artists these days keep their lights on by touring, selling merch and playing over-the-top bar/bat mitzvahs. But when does greed and alienating your core, usually non-wealthy fans become a point of evil? And after paying $200 to Ticketmaster (plus ridiculous “convenience” charges), there is no guarantee you’ll have a perfect night out, between the world’s tallest person standing in front of you, everything smelling like Otto the bus driver’s jacket, people who love to throw their warm lite beer into the air, bladder-killing bathroom lines and dealing with parking issues which could be longer than the show. Now, I do not mean to say that big-time concerts can not be a great night out seeing your musical heroes, but the gouging of a fan’s wallet seems to have reached a limit. Checking ticket prices, artists touring this summer behind very hot tickets such as Billy Joel, Radiohead, Michael Buble, and Robert Plant & Alison Krauss do not have any tickets priced above $100. Is that wisdom or simply a chance for the scalper market to proliferate, as scalpers are probably more likely to snap up sets of $65 tickets rather than risk having a collection of $230 tickets? Also, does anyone think it’s sketchy that Ticketmaster has a side business of printing your own random ticket… ticketing.ticketmaster.ca/customtickets/ ?
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COMMENTS (2)
Matt said:
Clearly they’re seeing just how much the public will pay for a show by their favorite artist - I believe this term is called the “marketing clearing price” in economics. It’s the price where the buyer is happy to continue buying at and the seller is happy to continue selling at…ahhhh…perfect harmony. So because so much revenue is being lost in other streams of the music business, it’s no surprise they’re seeing how high a price the market will bear for concert tickets. Kate said:
I’ve been thinking about this a lot… if songs are going to be free, which it looks like that’s the way it’s going, then concerts are going to get more and more expensive. That makes sense. What we are paying for, in the end, is the connection. And clearly, that’s worth a lot. From experience, I joined The Police fan club last year to get tickets and for a grand total of $400 I got four of the best seats in the house at Fenway Park. By having early pick at tickets, it reduced a lot of stress and I was guaranteed decent seats. It was worth every damned penny. And because of the nature of my career, I really mean that, having not purchased a concert ticket in over 12 years, this being the first exception. Also, I know plenty of tickets went for $800 each for shows at Madison Square Garden, if not more. Ticketmaster saved me from that. I know it’s not fashionable to say anything positive about them but that was my experience. |
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