this post was submitted on 29 Sep 2024
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Man I miss when concerts and events weren't just for rich kids and people with disposable incomes. I remember going to see Metallica, $40 mid tier tickets. I saw AC DC for about the same. Rob zombie with Ozzy Osbourne. I even saw a WrestleMania for like $80 and that was a lot then for great seats.
Now concert tickets for Metallica are running $400-500 mid tier each. Even smaller bands and events are more than what a premium event used to cost. The development League hockey games cost more than the NHL games used to. Working class people have been priced out.
Just basic supply/demand... plus a little bit of elasticity and profit max.
Or Ticketmaster monopoly.
Yeah, im the only supplier.
Supply and demand.