Jokes on us, after all has settled. Have you tried to buy a ticket to live music lately? It was $750 for a good seat in more than 1 occasion this past year, and that is first market tickets from the venue, not a traditionally 'scalped' ticket.
These two equations are tied together. Before, the lucky artists were front-loaded their buckets of cash from the labels. But now the royalty cheques are measured in pennies and the live music enjoyers seem to be the equalization payments.
Artists aren’t charging more for concerts because they are making less money on album sales. Concert tickets are priced based on supply and demand. If they could have been charging $750 back then, they would have, no matter how much they were making on album sales.
I do think you might be right, though, that there is a causal relationship between diminished album revenue and more expensive tickets, it just isn’t because the artists need the money. Since most people can now listen to all the music they want for a flat fee, music lovers can now spend more of their hobby money on concert tickets, which increases price very directly since supply is limited.
> Jokes on us, after all has settled. Have you tried to buy a ticket to live music lately? It was $750 for a good seat in more than 1 occasion this past year, and that is first market tickets from the venue, not a traditionally 'scalped' ticket.
> These two equations are tied together.
Not in the way you're trying to imply. No matter how rich performers already were in the past, they had no way to make tickets to their performances cheap, even if they wanted to. Cheap seats in the past reflect lack of demand. Expensive seats now reflect increased popularity.
jesus go to a basement it's like $15 at most and you can meet actual artists
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$5 at the local Blues Jam Session. Some of the music is good.
https://www.facebook.com/groups/berowramonthlyjam/
$30 or "free" at Miss Celie's. If free, patrons are asked to buy a couple of drinks from the bar.
https://misscelies.com.au/
An import playing a stadium is eye-watering, but why bother?