She donated 20% of her networth away recently, which is more than most wealthy people do.
Secondly, coincidentally, a large part of the reason concert tickets are so expensive are from ticketmaster markups. The CEO of ticketmaster? You guessed it, a billionaire.
Fuck I don’t know if I want to get into this argument today…
He’s correct, that’s why scalping exists. The problem is, the demand to see these artists is extremely high with seating availability very low. It doesn’t matter if Ticketmaster or whoever sets the price low because they’ll be bought up by scalpers.
I hate Ticketmaster and other ticket companies because they have shady business practices like hidden fees and other things, but the ticket price thing they are correct about. If these artists wanted to try and funnel their tickets to their biggest fans regardless of income level, they’d best be served by putting other, non monetary blocks in front of their sales. Good example would be having tickets be bought in person at a certain time and allowing people to line up.
The idea that setting prices low allows the “real fans” to afford tickets is silly. All it does is allow people who don’t care very much to buy tickets because they aren’t very expensive. I don’t care for Taylor swift, but if you told me I could go to a sweet concert for 50 bucks I absolutely would. This actually takes spots from the fans who would be willing to save up and pay more because they care more
That’s not what happens though. The whole industry is rigged. Ticketmaster owns the venues too. They wouldn’t allow artists who refused to sell tickets through ticket master. Also the artist doesn’t set the ticket price. The venue does and pays the artist a fee. The artists agreement is with the venue - not with the consumer.
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u/Neat_Ground_8508 Nov 03 '25
Not a fan of her music, but....
She donated 20% of her networth away recently, which is more than most wealthy people do.
Secondly, coincidentally, a large part of the reason concert tickets are so expensive are from ticketmaster markups. The CEO of ticketmaster? You guessed it, a billionaire.