Higher prices have been good for the concert business. fans, prices have climbed more than 10-fold since 2002. “We had no idea what the ticket prices would be,” she said.Īnswer: Much higher. As the “Truth About Love Tour” wound up in 2014, Paul and her girlfriend opened a bank account and began saving - 100 pounds ($122) here, 200 pounds there. Paul, 32, fell in love with Pink as a teen, and first saw the singer, whose real name is Alecia Beth Moore, in 2002. The London native had to start saving for it five years ago. Just ask Bex Paul, who saw Pink perform live 11 times this year, traveling across Europe for multiple stops on the pop star’s tour. “We all undervalued tickets for many, many years,” said Joe Killian, who runs a media consulting firm and founded a concert series in New York’s Central Park. Ticket sellers like Ticketmaster and AEG’s AXS began adopting technology that showed fans would pay almost any price for their favourite acts, especially stars who only come around every few years. Stars like Beyonce and Taylor Swift can make more in a couple nights onstage than they can from a year of album sales. As piracy eroded music sales, artists began to lean heavily on concerts. Some of that increase was out of necessity. Along with pro sports and Broadway shows, concert prices have far outpaced inflation. The average price of a ticket to the 100 most popular tours in North America has almost quadrupled over the past two decades, from US$25.81 in 1996 to US$91.86 through the first half of this year, according to researcher Pollstar. Fans of all types are paying more to see their favourite musicians. It’s not your imagination: Concert ticket prices are going through the roof.Īnd not just for the super wealthy who pay thousands of dollars to see the best acts from the front row.
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