alt Hacker NewsYes, Live Nation and Ticketmaster literally serve as "the bad guy" in the transaction. The truth is, due to market realities, ticket prices (MSRP, not reseller prices) need to be high so that everybody gets their cut. All those fees people lose their minds about? Those more or less pay out the promoters, because the artists are too chickenshit to roll the full costs into their bare ticket prices, and unrealistic ticket prices signal to fans that the artist "really has their best interests in mind". But it's all smoke and mirrors lol, if promoters don't get paid, no shows happen; if no shows happen, venues don't get paid. If there are no promoters or venues, shows are dead and artists don't get paid.
Considering all of that, everybody in the chain prefers and benefits from sold-out shows for myriad reasons, and all live performance is theatre at its core anyways, so IMO what's a little extra theatre on top to make sure the shows go on in this year of our Lord 2026, where very little is cheap and affordable?
This is not a reasonable take on what's actually happening. It's never been a reasonable take, but posting this today after Live Nation has literally just been found liable by a jury shows deep confusion.
The ticket prices are not high because of market realities. They're high because of illegal monopoly behavior that inflates costs and then steals the money and gives it to Michael Rapino and his friends. The behavior of Live Nation has been shown to be much closer to organized crime than what most people think of as standard business practice.
There's extensive on-the-record testimony and an official federal court verdict backing up my side of this argument.