Capitalism Sucks.

rb173565 said:

capitalism doesn't suck, but it clearly doesn't work. All you united statesians  seem to forget that the federal reserve has flooded the market with billions of dollars, printed to prop up all the banks and keep the world economy going since the 2008 economic collapse. Now its coming back to bite with the highest inflation  in decades. europe is feeling the effects too. essentially the dollar is nigh on worthless and its going to get worse. for the conspiracy theorists out there this is part of the NWO's plan for the great reset. that along with the fake pandemic and forcing people into a cashless society are all leading to higher prices. 

dimitrispearljam said:

for my pocket this is very expensive price for a ticket..

however a few years back after i learn how industry works,how prices set,who pays who,who is in charge i realise that how is business works and why make sense the ticket prices 
for example..a promoter wants to book eddie vedder at the theater in NY ..
2880 capaccity..
he needs to pay ev managments(that includes ev,promotion company  ,his crew,security,transfer gear,hotels for everyone,his band mates on this tour ,transportation ,tour manager etc)
promoter needs to pay to book the venue.(crazy high to book Beacon Theatre for examble.)
promoter needs to pay for promoton,adv,social media,rfadio station etc.
ticket ventor takes a huge cut ..as i saw was 35 dollars per ticket,
maybe he need to pay a third party has rights at the venue or some record lebel..
all those deals needs legal team and all..he needs to pay all those..
now add to that like 10% of the ticket price is taxes for the state..

and most of all,,he doesnt work for the fans,.,promoter works for profit..to make money.,,which he deserves cos he paid upfront all the cost and he gets back money only from ticket sales.
so for a 235 ticket...,35 gets to ticxket master,,20 gets to taxes,add now how much the venue gets from that,all the money for promotion,legal,radios,social media,etc..
the artist management  payment,,
so..2880 x 235 =676.800 is the money of tickets sold..
ticketmaster cut is  2880x 35 fees = ....100.800.....
now go fugure how to book the venue costs..in the center of NY...crazy money..
taxes are 20 x 2880 = 57.600

so if u add all the cost he needs to pay will go up to half a mil....well..for sure he will not put 500.000 dollars down to get back 1000 dollars profit..
this is how things are in business..

Except the average cost of orchestra seats at the beacon (for example) isn't $200. 
Somehow all those other bands figured out a way to pay their band/crew and themselves for a lot less. 

eddiec said:

It's because we're old. We still remember when concerts were $20 to see a major act in a stadium.

Someone mentioned this earlier- because of streaming, prices are only going to go up.

Would you rather have:

a) Still buy every CD you want to listen to for 10-15 a pop, and pay $100 for a concert ticket

or

b) Pay $10 a month and listen to everything, then shell out 200-250 every now and then for a concert

I think you'll be financially better with b.

2-feign-reluctance said:

Eddieredder said:

Wanna know what also sucks? Entitlement. See a lot of that whenever shows are announced. Prices, tix, merch, etc etc. It’s a really gross side of being a fan of this band.

It's just a minority group of people on the board, but they are the ones who lay the biggest turds all us flies like to gather around! 

eddiec said:

It's because we're old. We still remember when concerts were $20 to see a major act in a stadium.

Someone mentioned this earlier- because of streaming, prices are only going to go up.

Would you rather have:

a) Still buy every CD you want to listen to for 10-15 a pop, and pay $100 for a concert ticket

or

b) Pay $10 a month and listen to everything, then shell out 200-250 every now and then for a concert

I think you'll be financially better with b.

JimmyV said:

I think many of you throughout these threads have made compelling arguments as to why these prices may not be as bad as they initially look, but there is no way I would ever pay these prices for Ed and his side band. It's not Pearl Jam. It's Ed and a lesser band. 

josevolution said:

static111 said:

OceansJenny said:

darthvedder said:

Asking people to pay these types of prices while people are still holding on to tickets for a PJ tour that still hasn't been rescheduled yet...not cool.

Clearly EV isn’t the hold up with COVID indoor venue concerns. It’s one of the other 4.

Stone lol

I for one am glad they are not rushing to do indoor venues specially since anyone can get a vaccine card! The band wants to be sure the venues are equipped with digital scanning for Covid cards on your phones so the anti vaccine idiots can be weeded out, I say good on them I’ve been to two small venue shows this past summer both venues were scanning for Covid proof not asking for paper cards..

I've been to only one show that has scanned my digital vax card. Most just check the names. 

JimmyV said:

I think many of you throughout these threads have made compelling arguments as to why these prices may not be as bad as they initially look, but there is no way I would ever pay these prices for Ed and his side band. It's not Pearl Jam. It's Ed and a lesser band.