The answer is capitalism, I know.

But it wasn’t always like this. Why the hell are they allowed to absolutely monopolize all shows and venues? How are there not laws on this?

Is stopping going to any shows the only way to fix this? If so, that wont happen. People are gonna go see their favorite bands (and ticketmonster knows it)

I wish this one was as easy as getting rid of all my streaming services - but they really fucked us over for live shows.

  • BigDiction@lemmy.world
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    6 hours ago

    Big artists are contractually getting a cut of those crazy high resell prices and fees.

    Every big artist could do verified fan presales like the second round of Eras tour shows, but the reality is that popular artists would be leaving money on the table.

    To be fair, only the richest artists can self produce a US nation wide tour. It’s often not up to the artists themselves.

    • UnderpantsWeevil@lemmy.world
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      6 hours ago

      Big artists are contractually getting a cut of those crazy high resell prices and fees.

      Unless their managers are exceptionally savvy, they’re not. They get a base rate on ticket sold. Then the broker can operate as seller and re-seller of the allotment of tickets. So Ticketmaster sells tickets to Ticketmaster, guaranteeing Beyonce a sold-out performance. And then Ticketmaster resells the tickets at auction rates to the general public.

      Every big artist could do verified fan presales like the second round of Eras tour shows

      Swift had the leverage to cut exceptional deals by promising to expand the size and scope of her performances in exchange for a better rate of return. That’s because her audience is large enough and the venues are small enough that there’s functionally no upper limit on ticket sales beyond her ability to do sequential performances.

      For very obvious reasons, most artists don’t get this kind of treatment.

      To be fair, only the richest artists can self produce a US nation wide tour.

      It isn’t a matter of artist wealth so much as the point of market saturation. If you roll into a town with 50,000 fans and the biggest venue only seats 500 people, you can keep throwing sold-out shows, week after week. This is effectively how successful baseball (up to 162 games/year) and basketball (82 games/year) franchises operate.

      But if you can’t guarantee a sold-out crowd, you’re effectively paying the venue for the privilege of performing. As more small venues shut down and bigger venues consolidate, artists find fewer places to profitably perform their craft. Its been a rule in the industry for a while that you make money on tour by selling merch (t-shirts, albums, signed drum sticks, whatever) rather than tickets. Ticketmaster complicates this math by effectively promising to buy out the venue (by selling tickets to itself) at a markdown, then auctioning off the tickets at a markup. That shrinks the audience, which shrinks the pool of people buying the merch.

      Its a vicious cycle that’s been collapsing the live music industry for over a decade.

    • Passerby6497@lemmy.world
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      4 hours ago

      To be fair, only the richest artists can self produce a US nation wide tour. It’s often not up to the artists themselves.

      And even then, they’d be super limited on where they can play. Any major venues that uses ticketmaster also signs an exclusivity agreement to do so (I guess maybe that might possibly go away depending on how a trial goes in March, but don’t hold your breath), so good luck holding a big show when no arena is going to risk their contract for a single show.