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Is it right that concert tickets cost so much

A musician worth a billion pounds can charge 500 quid to be seen in concert, and make millions of pounds in this way. Is it right that ordinary people should pay this much while filling the pockets if someone who is already extremely wealthy? And how does the artist justify this to themselves?

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Reply 1
Avatar for Sinnoh
Sinnoh
22
I suspect that concerts aren't that profitable. There's a lot to pay for on the part of the organisers.

£500 is absolutely taking the piss though.
Original post by Anonymous
A musician worth a billion pounds can charge 500 quid to be seen in concert, and make millions of pounds in this way. Is it right that ordinary people should pay this much while filling the pockets if someone who is already extremely wealthy? And how does the artist justify this to themselves?


They don't need to justify anything. If people are willing to pay £500 then they will charge that. If people are willing to pay £10000 then they will also charge that.
(edited 5 years ago)
Reply 3
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Anonymous #1
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Original post by Sinnoh
I suspect that concerts aren't that profitable. There's a lot to pay for on the part of the organisers.

£500 is absolutely taking the piss though.

Depends on the artist.
For that price you often dont even get a good view.
Original post by Anonymous
A musician worth a billion pounds can charge 500 quid to be seen in concert, and make millions of pounds in this way. Is it right that ordinary people should pay this much while filling the pockets if someone who is already extremely wealthy? And how does the artist justify this to themselves?

Supply and demand. Dont go. Your choice.
Original post by Anonymous
Depends on the artist.
For that price you often dont even get a good view.

Which artist? Show us? Also is this the box office price or ticket reseller?
Original post by Anonymous
A musician worth a billion pounds can charge 500 quid to be seen in concert, and make millions of pounds in this way. Is it right that ordinary people should pay this much while filling the pockets if someone who is already extremely wealthy? And how does the artist justify this to themselves?

it's called supply & demand. you have the choice whether or not to go, concerts are not an essential item.
Reply 7
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Anonymous #1
OP
Original post by Blue_Cow
They don't need to justify anything. If people are willing to pay £500 then they will charge that. If people are willing to pay £10000 then they will also charge that.

Yes I expected somene would say this, but it doesnt make it right imo and a lot of people are priced out.
Original post by Anonymous
Yes I expected somene would say this, but it doesnt make it right imo and a lot of people are priced out.


But it's all about money at the end of the day, and charging as high prices as possible makes perfect sense.

It sucks, I know.
Reply 9
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Anonymous #1
OP
Im trying to have a debate here. If I was an artist worth millions and millions of pounds, with loads of fans who adored me (lol) I dont think I could allow an ordinary hard working person to empty their bank accounts just for the privilege of seeing me.
Original post by Blue_Cow
But it's all about money at the end of the day, and charging as high prices as possible makes perfect sense.

It sucks, I know.

Its about giving people an experience too.
Original post by Anonymous
Its about giving people an experience too.


They are - if said people are willing to pay the price.
Original post by CollectiveSoul
it's called supply & demand. you have the choice whether or not to go, concerts are not an essential item.

:facepalm: not the point.
Original post by Anonymous
:facepalm: not the point.

it is the point.
Dont know why people are getting so defensive.
I’m not aware of any artists in the world who are charging anywhere close to £500 for general admission tickets through official distributors.

Maybe if your buying VIP/Hospitality tickets for a top international artist or going to see them at a super exclusive show in a tiny venue when they normally play stadiums then it’s possible. But regular GA stadium tickets are normally in the £70-120 range even for the biggest acts.
Original post by IanDangerously
I’m not aware of any artists in the world who are charging anywhere close to £500 for general admission tickets through official distributors.

Maybe if your buying VIP/Hospitality tickets for a top international artist or going to see them at a super exclusive show in a tiny venue when they normally play stadiums then it’s possible. But regular GA stadium tickets are normally in the £70-120 range even for the biggest acts.

I can think of at least one but I won't say who.
Reply 17
Avatar for Bio 7
Bio 7
21
This isn’t a case of right or wrong. You are not forced to go and pay that much so who cares.

There are other issues in the world, the price for a concert ticket isn’t one of them.
(edited 5 years ago)
Original post by Anonymous
Depends on the artist.
For that price you often dont even get a good view.


There's no human right to a good view at a concert. We all have to live within our means.

Artists are free actors, in a free market. They can charge whatever they want.
Original post by Anonymous
Yes I expected somene would say this, but it doesnt make it right imo and a lot of people are priced out.

When demand vastly outstrips supply, this is inevitable. What do you propose; a draft system?

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