[jypepin]

Yeah, high prices suck but I do agree and fail to see what, exactly, is wrong here?

Don't get me wrong, I don't like TM, I don't like monopolies and I don't like high prices, but... price = equilibrium between offer and demand, it's the basics of our capitalist society, and all this look like to me is that TM is doing a good job at figuring out the equilibrium price for their tickets?

[conradfr]

You have priced out part of your fanbase which can create resentment, and concerts where only the rich people attend are not the best, ambiance wise, especially if you want to play other songs than the radio hits.

[listenallyall]

People have been claiming "you'll price out your fan base" as long as I can remember, meanwhile Blink 182 is a 25-year old band with demand for tickets seemingly higher than ever.

[chrisseaton]

Do you think rich people listen to more hits radio than others? Doesn’t seem likely to me.

[conradfr]

There is a lot of people who go see established artists without really listening to the albums so they mostly know the hits and that's what they want to be played at the concert.

[pfortuny]

With the consequence that “only rich people get to see Beyoncé live”.

Which may be good or not, I have not an opinion.

[Filligree]

As opposed to when most tickets were bought by scalpers, in which case... mostly rich people got to see Beyoncé live.

Certainly a few people occasionally got lucky, but I guess what I'm wondering is, is "band members and managers earn more of the money they bring in" actually a bad thing? Won't this lead to more performers joining the field, long term, and more options for listening to music?

Seems like a good thing to me.

[bombcar]

Artists can use some of the increased profit from higher ticket prices to buy and reserve tickets to be given to fans for free via a fan-lottery system.

[borski]

That’s exactly the problem; the only group that ends up earning more in this case is Ticketmaster, not bands or managers.