Ticket price perspective (ACDC)

beano.79
beano.79 Posts: 791
in The Porch
ACDC is £350 for front section standing at Wembley and £300 GA standing 🤮

I'm pretty shocked at the prices for PJ too but this adds a little perspective.
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Comments

  • LostDog_72
    LostDog_72 London Posts: 74
    On TM right now, yes they are. But I bought front pit tickets from Giga & Tours for £145 each including fees. General standing were £130.

    Let's see how much TM charge for PJ standing tickets when general release go on sale next week 
  • BlueLedbetter
    BlueLedbetter Posts: 1,380
    beano.79 said:
    ACDC is £350 for front section standing at Wembley and £300 GA standing 🤮

    I'm pretty shocked at the prices for PJ too but this adds a little perspective.
    That's dynamic pricing they were 145 and 130 or something originally 
  • KN219077
    KN219077 Montana Posts: 1,202
    Tyle Childers is playingthe same week as PJ in Missoula and charging more. It’s never going back and $200’is the new normal 😢 
  • JR86440
    JR86440 Posts: 753
    $185 isn't so bad compared to other bands. Just think all they people they need to pay. Divide their profit by 6. Just skip a few Chipotle burritos and ticket paid for :-)     Life if is only going to get more expensive with 35 trillion in debt and counting, 1 trillion in debt payments every year. Unfortunately cost of living only going to get worse
  • mace1229
    mace1229 Posts: 10,034
    edited February 2024
    JR86440 said:
    $185 isn't so bad compared to other bands. Just think all they people they need to pay. Divide their profit by 6. Just skip a few Chipotle burritos and ticket paid for :-)     Life if is only going to get more expensive with 35 trillion in debt and counting, 1 trillion in debt payments every year. Unfortunately cost of living only going to get worse
    I think its less that and more the fact a band's revenue is mostly ticket sales and less album sales than it used to be.  I know inflation is high, but it hasn't risen as fast as ticket prices have from 20 years ago
    My first concert in college was AC/DC in 2000, paid $23 for that ticket. Was an amazing show. I used to see Better than Ezra a few times a year for $20 during the 2000s.
    I remember passing up some great bands because I didn't want to pay around $60 at the time. Bands I wish I saw like U2 and RHCP. 
    But now the norm is to pay more for tickets. They know people are willing to pay more for live music, so they charge more,
    I don't blame anyone, if I had a business I'd maximize my profits too.

  • smile6680
    smile6680 Posts: 437
    KN219077 said:
    Tyle Childers is playingthe same week as PJ in Missoula and charging more. It’s never going back and $200’is the new normal 😢 
    Two good shows in a week. Not a bad place to be that week. 
  • JR86440
    JR86440 Posts: 753
    mace1229 said:
    JR86440 said:
    $185 isn't so bad compared to other bands. Just think all they people they need to pay. Divide their profit by 6. Just skip a few Chipotle burritos and ticket paid for :-)     Life if is only going to get more expensive with 35 trillion in debt and counting, 1 trillion in debt payments every year. Unfortunately cost of living only going to get worse
    I think its less that and more the fact a band's revenue is mostly ticket sales and less album sales than it used to be.  I know inflation is high, but it hasn't risen as fast as ticket prices have from 20 years ago
    My first concert in college was AC/DC in 2000, paid $23 for that ticket. Was an amazing show. I used to see Better than Ezra a few times a year for $20 during the 2000s.
    I remember passing up some great bands because I didn't want to pay around $60 at the time. Bands I wish I saw like U2 and RHCP. 
    But now the norm is to pay more for tickets. They know people are willing to pay more for live music, so they charge more,
    I don't blame anyone, if I had a business I'd maximize my profits too.

    Great point. Although I bet they more than make up for it with all their merch. Gotta think that's how they make all their money. Low overhead. Huge volume
  • mace1229
    mace1229 Posts: 10,034
    JR86440 said:
    mace1229 said:
    JR86440 said:
    $185 isn't so bad compared to other bands. Just think all they people they need to pay. Divide their profit by 6. Just skip a few Chipotle burritos and ticket paid for :-)     Life if is only going to get more expensive with 35 trillion in debt and counting, 1 trillion in debt payments every year. Unfortunately cost of living only going to get worse
    I think its less that and more the fact a band's revenue is mostly ticket sales and less album sales than it used to be.  I know inflation is high, but it hasn't risen as fast as ticket prices have from 20 years ago
    My first concert in college was AC/DC in 2000, paid $23 for that ticket. Was an amazing show. I used to see Better than Ezra a few times a year for $20 during the 2000s.
    I remember passing up some great bands because I didn't want to pay around $60 at the time. Bands I wish I saw like U2 and RHCP. 
    But now the norm is to pay more for tickets. They know people are willing to pay more for live music, so they charge more,
    I don't blame anyone, if I had a business I'd maximize my profits too.

    Great point. Although I bet they more than make up for it with all their merch. Gotta think that's how they make all their money. Low overhead. Huge volume
    Yeah, concert shirts are ridiculous. $40+ for a t-shirt that probably cost $2 to make. 
  • Zod
    Zod Posts: 10,953
    mace1229 said:
    JR86440 said:
    $185 isn't so bad compared to other bands. Just think all they people they need to pay. Divide their profit by 6. Just skip a few Chipotle burritos and ticket paid for :-)     Life if is only going to get more expensive with 35 trillion in debt and counting, 1 trillion in debt payments every year. Unfortunately cost of living only going to get worse
    I think its less that and more the fact a band's revenue is mostly ticket sales and less album sales than it used to be.  I know inflation is high, but it hasn't risen as fast as ticket prices have from 20 years ago
    My first concert in college was AC/DC in 2000, paid $23 for that ticket. Was an amazing show. I used to see Better than Ezra a few times a year for $20 during the 2000s.
    I remember passing up some great bands because I didn't want to pay around $60 at the time. Bands I wish I saw like U2 and RHCP. 
    But now the norm is to pay more for tickets. They know people are willing to pay more for live music, so they charge more,
    I don't blame anyone, if I had a business I'd maximize my profits too.

    That's an economic theory called price discovery.  Ideally you price your good so supply = demand so you can sell all of your good. The challenge is you're not usually clairvoyant and know what that price is. So you keep increasing the price until demand starts to drop off.

    Apparently in the concert industry we still haven't hit that point. Will we hit that point?  How much are the masses (even people with the disposable) able/willing to pay.     I've been astonished that the demand doesn't seem to abate.  We all love concerts so much :)
  • JD87070
    JD87070 Grand Blanc, MI Posts: 309
    Zod said:
    mace1229 said:
    JR86440 said:
    $185 isn't so bad compared to other bands. Just think all they people they need to pay. Divide their profit by 6. Just skip a few Chipotle burritos and ticket paid for :-)     Life if is only going to get more expensive with 35 trillion in debt and counting, 1 trillion in debt payments every year. Unfortunately cost of living only going to get worse
    I think its less that and more the fact a band's revenue is mostly ticket sales and less album sales than it used to be.  I know inflation is high, but it hasn't risen as fast as ticket prices have from 20 years ago
    My first concert in college was AC/DC in 2000, paid $23 for that ticket. Was an amazing show. I used to see Better than Ezra a few times a year for $20 during the 2000s.
    I remember passing up some great bands because I didn't want to pay around $60 at the time. Bands I wish I saw like U2 and RHCP. 
    But now the norm is to pay more for tickets. They know people are willing to pay more for live music, so they charge more,
    I don't blame anyone, if I had a business I'd maximize my profits too.

    That's an economic theory called price discovery.  Ideally you price your good so supply = demand so you can sell all of your good. The challenge is you're not usually clairvoyant and know what that price is. So you keep increasing the price until demand starts to drop off.

    Apparently in the concert industry we still haven't hit that point. Will we hit that point?  How much are the masses (even people with the disposable) able/willing to pay.     I've been astonished that the demand doesn't seem to abate.  We all love concerts so much :)
    A large part of this problem is the perception that Stubhub is the place to buy tickets. Especially in the younger generation, they don’t even know ticketmaster exists! They either just Google tickets for a specific concert and one of the resale places come up at the top of the list so they click it, or they go directly to Stubhub because it has(d) a reputation of a place to get good deals on tickets. I went through this with my daughter when she would tell me about a show and then say how much tickets were and i’d go look and find way cheaper ones on Ticketmaster. But i even know adults as well who skip TM and go straight to aftermarket, see the price and either pay it or decide it’s too much and don’t go, without looking into other options. 
  • Zod
    Zod Posts: 10,953
    edited February 2024
    JD87070 said:
    Zod said:
    mace1229 said:
    JR86440 said:
    $185 isn't so bad compared to other bands. Just think all they people they need to pay. Divide their profit by 6. Just skip a few Chipotle burritos and ticket paid for :-)     Life if is only going to get more expensive with 35 trillion in debt and counting, 1 trillion in debt payments every year. Unfortunately cost of living only going to get worse
    I think its less that and more the fact a band's revenue is mostly ticket sales and less album sales than it used to be.  I know inflation is high, but it hasn't risen as fast as ticket prices have from 20 years ago
    My first concert in college was AC/DC in 2000, paid $23 for that ticket. Was an amazing show. I used to see Better than Ezra a few times a year for $20 during the 2000s.
    I remember passing up some great bands because I didn't want to pay around $60 at the time. Bands I wish I saw like U2 and RHCP. 
    But now the norm is to pay more for tickets. They know people are willing to pay more for live music, so they charge more,
    I don't blame anyone, if I had a business I'd maximize my profits too.

    That's an economic theory called price discovery.  Ideally you price your good so supply = demand so you can sell all of your good. The challenge is you're not usually clairvoyant and know what that price is. So you keep increasing the price until demand starts to drop off.

    Apparently in the concert industry we still haven't hit that point. Will we hit that point?  How much are the masses (even people with the disposable) able/willing to pay.     I've been astonished that the demand doesn't seem to abate.  We all love concerts so much :)
    A large part of this problem is the perception that Stubhub is the place to buy tickets. Especially in the younger generation, they don’t even know ticketmaster exists! They either just Google tickets for a specific concert and one of the resale places come up at the top of the list so they click it, or they go directly to Stubhub because it has(d) a reputation of a place to get good deals on tickets. I went through this with my daughter when she would tell me about a show and then say how much tickets were and i’d go look and find way cheaper ones on Ticketmaster. But i even know adults as well who skip TM and go straight to aftermarket, see the price and either pay it or decide it’s too much and don’t go, without looking into other options. 
    I've run into that a few times with work events and colleagues.   No idea they'd bought marked up reseller tickets.

    I forget sometimes that we grew up with the evolution of ticketing the rise of TM.   Most of us going to concerts for decades know the ins and outs.
    Post edited by Zod on
  • honor army rangers
    honor army rangers Posts: 311

    uncle matty
  • Eddieredder
    Eddieredder Posts: 753
    Concerts are more expensive now. Thats just a reality. Perspective, I've seen tix start at $250-300 more recently for artists/bands nowhere close to PJ. In comparison $175 isn't that bad. 
  • mrk2
    mrk2 Finland Posts: 2,093
    • Main Pitch Standing: £115
    • Front Pitch Standing: £130
    • Seats: £55 - £145
    These were the actual prices.

    So how about that perspective?
    225xxx - 6/28/00, 10/20/01, 10/22/01, 9/11/06, 9/22/06, 9/23/06, 6/18/07, 6/26/07, 8/15/09, 6/25/10, 6/30/10, 7/4/12, 7/5/12, 7/7/12, 7/10/12, 6/26/14, 6/28/14, 7/3/18, 7/5/18
  • SHZA
    SHZA St. Louis, MO USA Posts: 4,315
    Eddieredder said:
    Concerts are more expensive now. Thats just a reality. Perspective, I've seen tix start at $250-300 more recently for artists/bands nowhere close to PJ. In comparison $175 isn't that bad. 
    Exactly. Creed tickets were like $300 for pit. I had to laugh. RHCP, Green Day, Blink 182 were all that much or higher 
  • demetrios
    demetrios Posts: 98,322
    SHZA said:
    Eddieredder said:
    Concerts are more expensive now. Thats just a reality. Perspective, I've seen tix start at $250-300 more recently for artists/bands nowhere close to PJ. In comparison $175 isn't that bad. 
    Exactly. Creed tickets were like $300 for pit. I had to laugh. RHCP, Green Day, Blink 182 were all that much or higher 

    $300 US? You're kidding right?!?!


  • Sarava
    Sarava Naperville, IL Posts: 2,063
    If it's a pit in front of the stage and its a big band, $300 is very fair. It's charging nearly $200 for junk seats in the upper corner of the 300 level that is a bit much for me.
  • njhaley1
    njhaley1 Posts: 965
    Sarava said:
    If it's a pit in front of the stage and its a big band, $300 is very fair. It's charging nearly $200 for junk seats in the upper corner of the 300 level that is a bit much for me.
    Exactly the same thing every ticket reseller would say, because there's little chance they'd recover their "investment" and they can't even sell for less. Meanwhile,for the same price you can get pit - but can't sell them for more. This is all part of a larger plan to limit resellers. For me and my family, we'll be OK getting in the door at that price.
  • BF25394
    BF25394 Posts: 4,940
    SHZA said:
    Eddieredder said:
    Concerts are more expensive now. Thats just a reality. Perspective, I've seen tix start at $250-300 more recently for artists/bands nowhere close to PJ. In comparison $175 isn't that bad. 
    Exactly. Creed tickets were like $300 for pit. I had to laugh. RHCP, Green Day, Blink 182 were all that much or higher 
    Creed will take prices higher...
    I gather speed from you fucking with me.
  • BF25394
    BF25394 Posts: 4,940
    JR86440 said:
    $185 isn't so bad compared to other bands. Just think all they people they need to pay. Divide their profit by 6. Just skip a few Chipotle burritos and ticket paid for :-)     Life if is only going to get more expensive with 35 trillion in debt and counting, 1 trillion in debt payments every year. Unfortunately cost of living only going to get worse
    They have to pay a lot more than six people. And the touring band is now seven people anyway, but Boom and Josh are not getting equal shares to the five partners in Pearl Jam Inc.

    I'm not sure why you're making a connection between the national debt and cost-of-living increases. The national debt has been on a steady upward trajectory since the 1980s. For most of that period, until the economic disruption caused by COVID, the U.S. generally enjoyed low inflation.
    I gather speed from you fucking with me.

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