Why concert tickets are so expensive

The prices for VIP tickets with meet and greets are exclusive as it provides several special amenities and concert experiences. The beautiful princess is known as Darcy Anne Styles. Apparently, Harry was involved with a fan during the X Factor days, and the fling left the lady pregnant. Then in , Harry, then 19, was linked to Nicole Scherzinger, then 35, after reportedly hooking up over the course of three years after The X Factor The celebrity couples with big age differences guess which couple has an age gap of 39 years….

Begin typing your search term above and press enter to search. Press ESC to cancel. Skip to content Home Physics Why are some concert tickets so expensive? A musician is their own most valuable asset. If their voice wears out or they break a hip from all the speaker-jumping, their career is handicapped — or finished, perhaps. By the same coin, the current music economy demands that they work harder, tour more, and generally wring their bodies out to exhaustion.

A somber examination of music and the opioid crisis by Rolling Stone pointed to the grueling demands of constant touring and performing as a probable cause for the painkiller addictions that later killed Prince and Tom Petty. Cheap or free music in the streaming age means fans pay the difference when they want to see their favorite artists IRL. But artists are often the last to get paid. It all depends on the deal, but stakeholders such as agents and managers may even take their commission from the gross revenue, before other expenses have been deducted.

Live Nation, a large concert promoter and producer, acquired the House of Blues brand in , for instance. The fewer independent venues, the harder it is for independent artists to get their foot in the door. On top of that, the venue gets a cut and might take a portion of merchandise sales.

Once all the stakeholders take their cut, expenses for putting on the actual show still have to be paid — including crew, equipment, travel and insurance. The cost of travel, food and accommodations also adds to the ticket price. Smaller artists can tour smaller markets to keep costs down, but they will play smaller shows and therefore get paid less.

And as ticket prices and venue sizes increase, the crew size generally increases along with them, adding to travel costs. Equipment can be a huge expense for all artists. In his report for the U. In doing this, the artists, their managers, and agents certainly consider the entire ticketing landscape, including prices on the secondary market [second-hand retailers like StubHub], to land on a figure that they believe is fair. The ticket cost is a reflection of what you are getting to see.

On his Saint Pablo tour, Kanye West performed on a flying stage. There are hundreds of people, companies, and vendors involved in creating the full production.

Nobody likes a scalper. Other artists have tried to squeeze scalpers out of the market. In and , Adele teamed up with Songkick , who developed technology to identify and block 53, potential scalpers from buying tickets to her 25 tour. If this theory holds true, it could put an end to the rapid inflation of ticket prices.

In his report , Schneiderman finds that ticket retailers generally add higher service charges than other online vendors such as Amazon and Etsy.