the thing that offends me most is the price. i remember thinking £80 was a lot for a concert ticket in about 2010
this post was submitted on 07 Aug 2023
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Well the thing is, she really needs the money.
She personally doesn't, but it is a rather simple case of supply and demand for everyone else involved - there are only so many that fit in the concert, as long you find enough people willing to pay $900 per ticket to sell them all, it doesn't make any financial sense to price them any lower. And if you do lower it while the market is still willing to pay significantly more, you quickly get swamped by scalpers grabbing the profit from you instead.
There is a Finnish saying that goes something like "He who asks is not the stupid one, the one who agrees to pay is".
It's a common justification, but "if I don't do [bad thing], then someone else will do [bad thing] instead, but worse" feels like an excuse we've heard before.
After all, there's systems you could put in place to handle scalpers.
But Ticketmaster et al actually have them baked into the business plan, so have no intention of making change.
It's the same reason there's no politicians trying to bring rents down. They're all bloody landlords.
Ah yes, no scalper is going to want to buy up expensive tickets.
The problem with supply/demand trends for such limited availability is that unless you price astronomically high, theres going to be more than enough people willing to throw their money at it, even if they have to sell a kidney to do it. Its more than just basic market forces, its social trends and hysteria from hype.
At a certain point you have to ask "are they doing it to provide a service, or just making as much money as they can, because that's all they really care about?" Because at a certain level, those two options are no longer compatible.
They will try, but if the prices are already high then they won't be able to sell them nearly as easily or gain as much profit.
And even if we abolished scalping and it would bring the prices down a bit, it wouldn't actually solve the issue - like how nVidia noticed last gen that there were enough people that were willing to pay ridiculous amounts for the scalped GPUs, so now they increased the prices themselves to that level. It just made it happen faster than normal as they could gauge the markets easier.
It sucks but what you wrote is exactly correct.
We saw it with concert tickets before they started raising prices. We saw it with gpus in the last couple years, Nvidia had to raise prices because we were seeing scalpers and we were seeing shortages.
Sucks, but when you have something that there's a limited amount of and an unlimited number of dollars or what have you being printed, this is the final result.
(And I guess if we're being honest, if a lot of people like a certain artist, there's just going to be lots of demand for the thing.)
I paid that in 2017 or 18 for Bruno Mars for infield.
mine was my chemical romance, the seat wasn't great but i had a good time. point is, $150 for just audio is shocking.
So Beyonce wants the poors out of sight and out of mind while those who can afford her $900+ tickets can see her?
I never liked Beyonce, but now she can legitimately go fuck herself at this point.
Wait, what? $900 to see Beyonce? How is that justified? Or even possible?
Some people will actually pay that.
Well, isn't that just... insane?
That's the general public for you. It's why we're fucked.
This is dumb might as well hear her songs on the radio for free. 154 dollars to "listen" to her concert. How greedy can she get?
Well. Will be covered by "for people with impaired vision".
Fuck Beyoncé. 900 bucks for a concert? To hear the shit she or her team produce? Fuck her.
Back in my day we called that being outside the venue.
You got me there :'D
I haven’t been to a concert in years. Prices are just too much, and then there’s this bullshit
Pop and other giant artists are the ones with insane prices. Small bands are pretty reasonable still. I go see well known metal artists' concerts in LA for $20-55, usually around $30. More than it used to be sure, but it's a bit less than $900 lol
The music industry is so fucked. Nobody will pay for a local artist's concert or throw a tip in their jar, but we'll throw hundreds of dollars at this bullshit.
They’re going to feel real dumb when they see me pull out my periscope backstage.
This woman is one of the worst.
No idea how she has fans.
her fans will defend this
There is no one I would pay that much money to see.
That's the thing, you ain't going to even see her with those tickets.
Any blind people here with opinions on the matter? Assuming it's an artist you'd like to hear, would you buy a cheaper ticket in back, or still want to be out front?
😂
If ALL of the concert is like that, then it would be avant garde "art". Maybe a social-statement about entertainment.
They won't even have something like a screen to see what's happening on stage?
That would be extra $100 sir
That's just crazy
Huffing roadie farts
A fool and his money...
These days there are way too many fools with way too much money.
there's still more space for profit, why aren't they also selling tickets for under the stage?