I just got an email from Visa about the “Kiss Early Visa Only Presale”.
You know how it works. Only a handful of tickets are available as pre-sales with prices which range from $99 to $310 and VIP Meet and Greets between $1,300 to $1,600.
And guess what, those limited tickets on sale are almost sold out. And not because fans purchased them.
And last week, I got another email from Ticketek about “new great seats that have been made available” for the Bon Jovi concert next month.
Why weren’t those seats available in the initial offering?
Why wait until a month before the concert to release these “new seats”?
Seriously, for how much longer are fans going to get abused with crap like this?
And the artists can do something about it but they stay silent.
Of course they would say they “need to increase the ticket prices” due to the decline in recording revenue, but hey most artists are on streaming these days and a lot of those artists don’t like it, because it shows that people are not listening to their music.
Did anyone read the Ticketmaster fiasco about how computer bots are buying up tickets so they could be resold at a higher price?
Because if the show has a “sold out” sign, the price of the ticket purchased by the bots will go up a lot on the reseller market.
Plus all the acts love to build the hype and image like “look at our show, it’s sold out”, but in truth it hasn’t. They are just hiding the truth.
Of course Ticketmaster has denied any wrongdoing and are launching an internal investigation but would you trust the words of a corporation. Hell, FIFA even said they would clean up their act after corruption and money laundering issues but instead they got even dirtier and even more secretive.
Remember when Metallica tested the market back in the early two thousands with higher ticket prices and people paid. And each time they went on tour after that, they retested the market with a higher price point. But like housing bubbles, the live bubble will burst and the prices will reset.
With time. And then what.
2 thoughts on “Playing Live”
Metallica will once again tour in Finland next summer. It’s going to be an open air gig in the middle of nowhere. What was the first category to sold out? The ‘Dream No More’ experience for hefty 2204€ price tag. That’s right, 2004€ = 2480$. Unbelievable. I bet Lars is laughing all the way to the bank.
That’s pretty high. I get bands need to tour but one thing I have learned in life is that all prices have a reset.