Concert ticket business in focus
You may be a music fan and never have time to think about what goes on in the concert ticket business. GoTriad this week takes a look at how we may have reached a limit for what some acts can charge for their tickets.
That doesn't stop the Rolling Stones from asking as much as $450 for premium seats at some of their shows. But it could be that a lot of their market is 60-year-old empty nesters with lots of spare cash.
There's also a column by yours truly in the print edition (not posted) about problems that some venues are having with high-tech ticket brokers. It seems that some brokers have expensive software that allows them to defeat all of the safeguards of Ticketmaster or some other primary outlet, so they can buy up hundreds of tickets before fans know what hit them.
Then tickets magically find their way to eBay almost immediately at much higher prices. The New Jersey attorney general is already looking into this practice.
See this national report on the practice.
Comments (7)
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Thanks for your informative article today. I, too, read the Rolling Stone piece a few weeks back and have experienced the frustration you did with the U2 concert.
I have been to maybe two concerts in five years, and the antics you describe are the primary cause.
Posted on May 26, 2005 5:40 PM
Patrick:
Thanks for your post. Misery loves company.
I confess to having joined a couple of fan clubs (at $45-$100) just for the privilege of being able to buy tickets. Which, when you think about it, is kind of ridiculous.
One reader said to me in an e-mail that perhaps smaller venues, like the new Charlotte Arena, should sell their tickets at a few outlets where you have to be physically present to buy.
That's certainly a start. But what's to keep the brokers from sending in armies of freelancers to buy up tickets?
As long as the Internet is there as a powerful sales tool, we're going to have to get a lot more creative to stop these practices.
Posted on May 27, 2005 11:15 AM
'Twas ever thus. I remember writing in 1984 about how ticket brokers were buying up all the best seats to Bruce Springsteen's "Born in the USA" tour and scalping them.
The brute market fact of the matter is that demand for these tickets is so high that, even at $100, many tickets are underpriced. Strange but true.
Posted on May 31, 2005 6:21 AM
My sister and three of her pals bought lowest-price tickets for U2 in Chicago last month. Walking around on the floor just before the show, she spotted four empty seats, first row. She said to an usher -- he looked about 16 -- what does it cost to get seats like that? He said give me $20 each and they're yours. They did, and they were.
So, look for ushers who might want to make a few bucks on the side.
Posted on May 31, 2005 5:04 PM
"Convenience charges" offend me more than high ticket prices. But there's an antidote: skip the arena and coliseum shows and see bands in small venues. There's a wealth of good music out there, and it can be heard for a few bucks a show.
I've been to one arena show in the past five years, and I don't feel like I'm missing much.
Posted on June 1, 2005 10:21 AM
Ian - it certainly is a lot less stressful, isn't it! Still, I do get a charge out of the really big shows from time to time. But there's nothing like getting up close with a less-famous band that is playing great music.
Posted on June 1, 2005 10:52 AM
Yeah, there's nothing like seeing the rolling stones playing Barry Manilow versions of Satisfaction or Ruby Tuesday. I'm going to stick with Ian. I'd be in the middle of a hot sweaty concert venue drinking brews and actually feeling the energy pour off some band that still actually cares about the music rather than being some popped up version of themselves 30 years later. I say screw paying any more than $50 max for a ticket. "Even at $100 underpriced"??!!! Lex, you musta ate a little too much of the purple acid at the last Traveling Wilbury's reunion show.
Posted on June 2, 2005 9:16 AM