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re: CBS report on ticket price increases, Ticketmaster/LiveNation monopoly, and scalpers

Posted on 4/6/25 at 6:09 pm to
Posted by StringedInstruments
Member since Oct 2013
19760 posts
Posted on 4/6/25 at 6:09 pm to
quote:

that’s over $7000 for one nights work. I’d take that. I agree with the premise of the article but I don’t necessarily feel bad for the band like this is trying to make me feel.


Without the band, there’s $0 for anyone.

The venue made $100k for hosting. The band makes $7k. Everyone who showed up, showed up to see the band.

You don’t see an issue there?
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
9747 posts
Posted on 4/6/25 at 6:27 pm to
quote:

The venue made $100k for hosting.


Venue also made a little more in concessions too depending on the venue. Some may just serve alcohol, but others more like regular food. Now some of that profit is also tied up in the concession vendor who will take a big cut. It is the reason why some places charge 20 dollars for nachos and 10 dollars for a beer.
This post was edited on 4/6/25 at 6:29 pm
Posted by StansberryRules
Member since Aug 2024
2688 posts
Posted on 4/6/25 at 6:39 pm to
quote:

Ticket prices in general aren't super expensive. I'd pay $150 to go see someone I really liked. For instance, Luke Bryan is coming to Lafayette. Presale (Citibank) tickets for the floor was $132 a piece. I'm not mad at that. The fees and taxes involved brought the total to $423....for $264 tickets. However, this was the Wednesday prior to public sale and there were resale seats already for sale. Same section.


Thing is, the final price is the actual price. They can play their cute little shell game with imaginary fees and crap but at the end of the day, you see a total price for the tickets and you as the consumer get to choose to pay it or not. People see the BS fees but still pay them rather than not go.
Posted by Pedro
Geaux Hawks
Member since Jul 2008
36302 posts
Posted on 4/6/25 at 6:49 pm to
How many people did the venue hire to work the event on top of all the bills associated with hosting the event? It’s not like that $100k went into dale dimmadome’s (owner of the dimmsdale dimmadome) pocket and didn’t get divided lord knows how many ways. I get what you’re saying but the band didn’t have to accept the terms of the deal either.
Posted by Vandyrone
Nashville, TN
Member since Dec 2012
7602 posts
Posted on 4/6/25 at 7:16 pm to
quote:

The venue made $100k for hosting

Highly likely that the venue was TM/LN affiliated. A huge part of their monopoly is the fact that the vast majority of venues with over 500 capacity are TM/LN affiliated.
Posted by forkedintheroad
Member since Feb 2025
247 posts
Posted on 4/6/25 at 7:34 pm to
quote:

People see the BS fees but still pay them rather than not go.


Yeah the fees are a red herring. The price is the price you pay.

You can visually graph the astronomical rise in fees with the rise of FOMO. With these types of events still selling out, prices ain't coming down soon.
Posted by LegendInMyMind
Member since Apr 2019
65843 posts
Posted on 4/6/25 at 7:43 pm to
quote:

I do have empathy for someone having to pay 60 bucks to see Something Corporate

Why? If it isn't worth it to the person they won't pay it.
Posted by Dr Jan itor
Member since Apr 2025
160 posts
Posted on 4/6/25 at 7:46 pm to
quote:

I'd pay $150 to go see someone I really liked. For instance, Luke Bryan is coming to Lafayette.


That's about $130 too much
Posted by East Coast Band
Member since Nov 2010
65765 posts
Posted on 4/6/25 at 7:58 pm to
Ablut a year ago, there was a concert nearby, KC and the Sunshine Band. (Yeah, I know)
I really hadn't planned on going.
Then I saw prices were listed at $11 for the cheap seats.
I said, what the heck , I'll go for $11, knowing there were gonna be some additional fees, taxes.
That $11 ticket ballooned to nearly $40 after the fees were added.
.
So,no Boogie shoes for me that night.
Posted by Finnish
Member since Nov 2021
621 posts
Posted on 4/6/25 at 8:03 pm to
I’ve listed several of my LSU baseball tickets this year on StubHub for $1. Out of curiosity, I went to see how much it would cost a buyer…$11.
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
45898 posts
Posted on 4/6/25 at 8:06 pm to
They are a complete monopoly of evil no Christian mfers. They work with the ticket scalpers etc.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
74911 posts
Posted on 4/6/25 at 8:33 pm to
This shite stops tomorrow if people stop paying these asinine prices.
Posted by Sun God
Member since Jul 2009
46681 posts
Posted on 4/6/25 at 8:38 pm to
I was just ripping on Something Corporate tbh
Posted by tigerbutt
Deep South
Member since Jun 2006
25377 posts
Posted on 4/6/25 at 8:38 pm to
It’s economics. Supply and demand.
Posted by Dr RC
The Money Pit
Member since Aug 2011
59921 posts
Posted on 4/6/25 at 9:36 pm to
quote:

TM/LN is "100% for the artists and fans."




Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
150118 posts
Posted on 4/6/25 at 11:21 pm to
quote:

quote:

that’s over $7000 for one nights work. I’d take that. I agree with the premise of the article but I don’t necessarily feel bad for the band like this is trying to make me feel.

Without the band, there’s $0 for anyone.

The venue made $100k for hosting. The band makes $7k. Everyone who showed up, showed up to see the band.

You don’t see an issue there?
Posted by Gravitiger
Member since Jun 2011
11510 posts
Posted on 4/6/25 at 11:29 pm to
quote:

that’s over $7000 for one nights work. I’d take that
If you don't count all the "unpaid" hours spent practicing, writing, rehearsing, recording, mixing, promoting, etc.
Posted by ccard257
Fort Worth, TX
Member since Oct 2012
1409 posts
Posted on 4/7/25 at 7:57 am to
quote:

quote:
that’s over $7000 for one nights work. I’d take that
If you don't count all the "unpaid" hours spent practicing, writing, rehearsing, recording, mixing, promoting, etc.


In addition to that, I just looked and they played 15 shows last year...not exactly making a killing from ticket sales at that rate
Posted by EZE Tiger Fan
Member since Jul 2004
54238 posts
Posted on 4/7/25 at 8:01 am to
quote:

Ticket prices, and then the fricking fees. Gotta love buying two $50 tickets and when you check out the total is like $185.

Didn’t they sign some legislation to prevent that recently?


Well, Trump is proposing it, so Progressives and the Media are going to fight to make double damn sure it doesn't happen, no matter how much it may help the common man.

Just like they were for no taxes on tips and OT during the campaign. They go to pass it, and every leftist voted against it.
Posted by Glorious
Mobile
Member since Aug 2014
25545 posts
Posted on 4/7/25 at 8:01 am to
Ticketmaster and the like are just corporate scalpers. 25% Convenience Fee and the “convenience” is getting fricked in the arse
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