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Post by AeroCooper on Jun 7, 2014 15:51:15 GMT -5
This seems to be an epidemic not only with Aerosmith but with many bands. For reference though, I have a 1997 Aerosmith ticket that sold for $42.50. Using this site, the price today for the same ticket should be $62.78, so why are tickets selling for approximately triple what standard inflation dictates? Does anyone know? I'd be interested in hearing why this is.
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May 19, 2024 21:28:29 GMT -5
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Post by Deleted on Jun 7, 2014 18:12:20 GMT -5
Live Nation and Ticketmaster. They guarantee money and need to cover it. Pulled out of my a**.
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Post by Zen on Jun 8, 2014 6:08:41 GMT -5
The cost of putting on a show has gone up disproportionately compared to standard inflation.
Back when I worked at the entertainment centre it cost around $25 000 to put on a rock show, now it costs over $50 000 for the same show. There was 2 ways they did it, either bought the show for a fixed price and then had to pay out travel, accommodation, advertising and expenses on top. A show where someone was on tour the promoter wore the cost and had to pay us for the venue hire (that was $15 000) and the technicians, plus any of the venues out of pocket expenses so it would probably have cost them more to put a band there than it cost us to hire them for a night.
We never took on any bands of Aerosmiths calibre because the venue just wasn't big enough. When they toured Oz back in 1990 it cost about $700 000, last year it cost over $1.2 million per show. That is a lot of money to recoup before you start making a profit. Compared to some shows, Aerosmiths is pretty basic, no pyro which sends the costs through the roof.
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Post by AeroCooper on Jun 8, 2014 7:08:52 GMT -5
Thanks zen.
But still, $25 to $50 would equate to my '97 ticket costing only $85 today. So why does it cost twice that much?
I was thinking about this some more this morning and was going to check on historic fuel prices to see if that has something to do with it, but I haven't gotten that far yet. They do have a LOT of equipment to move, so that could factor into it.
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Post by jj on Jun 8, 2014 9:46:53 GMT -5
I don't really know anything about this, but it seems bands use to tour to sell their albums. That is, they made the lion's share of their money from album sales. It seems now bands will release an album (even their thirteenth greatest hits) so they can tour and make money. This also makes me wonder if record company's get something off the tours now. Just curious.
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Post by tomass on Jun 8, 2014 15:34:04 GMT -5
I would think Live Nation and Ticketmaster have alot to do with it.
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Post by tomass on Jun 8, 2014 17:35:16 GMT -5
The Bands cabn take some of the blame as well. Not all bands rape their fans.
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Post by AeroCooper on Jun 8, 2014 17:51:26 GMT -5
^ This is true. Of course, not every band is playing the big venues either. Still, when I think back to the Get a Grip era concerts, the Aerosmith stages seemed more elaborate than the current stage set up. I say this because I realize they have to pay a lot of people to set up and break things down, so that is one area that doesn't seem to have caused any greater expense.
Can anyone point out a big band that plays large venues who have kept their ticket prices down?
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Post by Deleted on Jun 8, 2014 18:52:03 GMT -5
Tom Petty is $60 to $150
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Post by bartman2001 on Jun 9, 2014 8:25:22 GMT -5
The certainly raise prices in terms of fees. And the promoter does come to the bands and say this is what you can earn via various packages and the bands take them or tweak them accordingly.
Since a lot of "heritage" acts now are making their money via touring a lot of them are taking the deals the promoters offer that will get them the most $$ and that is their first consideration.
People like Tom Petty, Sprinsteen, AC/DC,when the tour, and a couple others take in greater account ticket prices and trying to give the fans a decent price.
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Post by Zen on Jun 9, 2014 21:42:15 GMT -5
The Cure
They played the same venue as Aerosmith here in Oz. Aeromsith's GA ticket price was $125 and it come up as sold out more than 6 weeks before the show and then 2 weeks before the show several hundred tickets come out at $75 and people were pissed off. I had M&G tickets and was miles from the stage or catwalk as we were taken in late and had to fend for ourselves which didn't work in an already packed venue.
The Cure's GA ticket price was $100, it never changed. I bought through the fan club and got mine for $70. When I got the tickets in the mail it also had a letter telling me to be at the venue at least half an hour before the stated door opening time and to go the box office with the letter. We did that and were given a laminated pass and told to go door 4. They took us in right next to the stage. I could have literally touched Robert Smiths foot for the whole 3 and 1/2 hour show.
The moral is The Cure look after their fans. 3 1/2 hour show, played both old and new, even several songs from their first album, reduced price fan club tickets and the best seating (or in this case standing) in the venue.
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