Re:Blink-182 Tickets Are So Expensive Because Ticketmaster I...
by JumpCrisscross on Friday October 21, 2022 @01:16PM
(#33290543)
> If an artist wants to play a big venue and make money by volume, then they need to grin and bear it
Blink-182 is not in this category.
Re:Blink-182 Tickets Are So Expensive Because Ticketmaster I...
by FireBeyond on Friday October 21, 2022 @01:16PM
(#33290553)
Why? Because they're "too big"?
Pearl Jam and Bruce Springsteen will tell you a similar story.
Re:Blink-182 Tickets Are So Expensive Because Ticketmaster I...
by JumpCrisscross on Friday October 21, 2022 @01:33PM
(#33290744)
> Pearl Jam and Bruce Springsteen will tell you a similar story
Springsteen's team is defending dynamic pricing [1], with Ticketmaster claiming "promoters and artist representatives set pricing strategy and price range parameters on all tickets, including dynamic and fixed price points."
[1] https://www.ticketnews.com/2022/07/springsteen-manager-fires...
Because TicketMaster/LiveNation own most of the large music venues in the country. And if you don't use them in a "vertical stack" you don't get to play those venues.
And even at $50/ticket, you make money a lot faster in a 25,000 seat arena than you do trying to play 15 nights at an "intimate" theater (hey, guess what, TM/LN own a huge swathe of those too).
We complain on HN about tech "monopolies" (or debate their existence, at least). TM/LN is a much larger effective monopoly that, to my knowledge, has not had any real investigation.