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1 day ago · ROGERS, Ark. — To mark Live Nation 's 10th anniversary of Concert Week and the start of the summer concert season, music and comedy fans can now purchase $25 tickets to more than 5,000 shows ...
- Concert Tickets: A Skyrocketing Demand
- Booking Prices Are on The Rise
- The Complicated Economics of Concert Tickets
- The Bots Are Out to Get You
- Fans Stay Committed
The most in-demand concerts all have a singular truth – the supply of seats cannot meet the overwhelming demand. The biggest ticketing story of the last 12 months was the epic kerfuffle that surrounded the Taylor Swift ticket release. In the wake of fans’ sweeping disappointment and frustration, quick calculations showed the demand for Swift ticket...
The price of the brick is going up. Artists are commanding more money upfront than ever before. For Taylor Swift’s “Eras Tour,” the singer is reportedly earning morethan $10 million per show. Higher guarantees aren’t just a way to capitalize off high-ticket demand. They reflect a broader shift in the business of music. This evolving economic model ...
In the past decade, the average ticket price for the top 100 North American tours increased 55% to $94.83. Inflation, supply chain issues for touring equipment, and hiring trained event staff have each contributed to a complicated formula, significantly driving up the price tag of touring. Fans shoulder a lot of the cost for these surges, and deman...
A secondary market has long been a part of the live show experience. However, instead of scalpers sprinkled outside of an arena misdirecting local authorities with “I need a ticket” signs, bots have become an evil competitor in the race to get tickets. The outsized impact of bots stems back to the 2010s, but the industry has made little progress in...
Despite the sky-high costs, fans are more committed than ever to doing what it takes to get a seat. A studyshowed that 87% of fans will cut back on other spending to see their favorite artists. At this point, it’s basic economics. The market is essentially matching what the fan is willing to pay. It’s showcasing that, at the end of the day, the liv...
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Jun 29, 2023 · The average resale price for concert tickets went from $116 over a three-month period in mid-2019 to $240 over the same period this year, according to data SeatGeek shared with me.
Apr 7, 2023 · The average ticket price paid for one of the top 100 tours in North America last year was $111, while the average ticket on Broadway last season was $126. Try telling that to a Depeche Mode ...
- Ben Sisario
Mar 21, 2023 · It’s already enough paying $100 or $50 for a ticket but now you have robots buying a $100 and selling it for $400-$500," said Johnson. Ticket-selling companies say the rise in prices is a result ...
Jul 18, 2022 · The figures are down substantially from H1 2019’s 35,903 gigs, $5.1 billion gross, and 76.6 million purchased tickets, the analysis’ organizers communicated. Live music ticket prices jumped by ...
Nov 2, 2017 · Travel startup Wanderu recently examined the average cost of concerts across 47 cities in the United States, using a normalized baseline price of $100 in New York. At the very top of the list is, unsurprisingly, Los Angeles with an average ticket price of $127.57, followed closely by Las Vegas at $123.94.
