Taylor Mims
๐ค SpeakerAppearances Over Time
Podcast Appearances
So they're the ones that are going to set the ticket price.
To be honest, one of the big things that happened over the course of the pandemic is that we lost a lot of good staff, a lot of good crew, because they couldn't make money when concerts were shut down.
And the price of everything has gone up.
So the price of touring, so that could be crew, that could be the price of supplies.
Literally everything, travel, has gone up.
And so that makes the price of the ticket go up as well, because these artists have to recoup costs at some point.
And when you're telling a fan it's going to cost you this much to get into the door, they expect a show.
So on top of that, that means more rehearsal time.
That costs a lot of money.
It costs a lot of money for these giant productions.
I mean, loading in and out of a stadium show is incredibly expensive.
And so is hauling all that stuff across country, across oceans, etc.
So there's a lot of costs that have made it more expensive just to be a touring artist.
Yes, but also it's not necessarily that they're prioritizing the bottom line over the fan.
It's that they know the fan's going to pay that price either way, so that money might as well go to them, right?
So if you're selling a ticket for $200, but you know it's going to go for $1,000 on a secondary market, if you raise that ticket price to $500, it's a lot less profitable for the ticket reseller, and that fan was going to pay that price anyway, if not more.
Yeah, that's because these resale markets are entirely legal.
Nobody's doing anything illegal, so what are you going to do?
They're allowed to do this.
But the more people who make their complaints heard, I think the better it is because people understand that that part's out of their control.