Videos

14114 readers

1 users here now

For sharing interesting videos from around the Web!

Rules

Videos only
Follow the global Mastodon.World rules and the Lemmy.World TOS while posting and commenting.
Link directly to the video source and not for example an embedded video in an article.
Don't be a jerk
No advertising
Avoid clickbait titles. (Tip: Use dearrow)

founded 2 years ago

MODERATORS

[email protected]

590

What Ticketmaster Doesn't Want You To Know: Concerts Were Cheap For Decades (youtu.be)

submitted 2 months ago* (last edited 2 months ago) by [email protected] to c/[email protected]

113 comments fedilink hide all child comments

Ticketmaster and Live Nation have destroyed the concert experience. But it didn't use to be this way. Today, Oasis and Taylor Swift tickets might go for thousands of dollars, but back in 1955, you could see Elvis Presley in concert for less than the modern-day equivalent of $20.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 2 months ago

They charge as much as they can and have for a long time. They would still do it if they made lots of money from albums and streams.

What’s changed is the secondary market is controlled by the primary ticket sellers and they have better awareness of how much they can charge. People expectation of ticket prices has slowly changed and the prices always push at that.

Dynamic pricing exists now because it’s easier to implement. Not because the artists don’t have enough money.