Tour Prediction and Speculation Thread [ARCHIVED] Tour • Page 2056

Outside of live nation/Ticketmaster there isn’t any other seller for major venues. Aeg who is like the 2nd biggest promoter in the us Mainly does club shows. They also own axs. Live nation owns front gate. You have Eventbrite and Etixs but those are used for clubs and not major venues. Tickets.com is owned by Major League Baseball.


There’s not much artists can do if they want to play arenas or stadiums. They have to use ln/tm.

Even with that investigation I don’t think anything will happen. All the right people are paid off

 

Yes, artists have to use Ticketmaster/Live Nation in several instances but for in demand shows, if they REALLY care about tickets not being scalped, there are some preventive measures that can be taken. State laws may prohibit this but we've seen it done before (no dynamic pricing, paperless, etc). The AFI show, as anticipated, is in high demand so as such the second-hand prices will reflect that.

 

Tickets will be scalped no matter what. I don’t think that will ever go away. You need to allow people to be able to sell their tickets if something comes up and they can’t go any more.

they heed to regulate resale tho. Put caps on how much you can sell tickets for. Can’t sell them for so many days after you buy them. Do something so people aren’t paying 5 times face value.

issue isn’t only an afi issue it’s an issue across the board

 

Let us not forget the ticketmaster reselling their own tickets fiasco. There is no consumer protection in place currently that will enact fundamental change.

If you want to resell your ticketmaster tickets, you have to through their platform. Even then, they have policy in place where you have to sell them for a certain amount and no lower based on *demand*

The list goes on and on, it gives me a headache. Artists can't change anything about this, it's dirty from top to bottom.

 

I leave for tour soon. One date's venue sells through ticketmaster. Why people are spending $10 in fees versus $2.99 through eventbrite on the same tour is beyond me.

 

I and almost everyone else would love the idea of caps on resale but I don't know, legally, how that works since I'm not sure what other consumer goods have that applied to them.

 

Bonnaroo just released ticket prices for 2023…$279 for a 4 day pass. With the way headline shows are going price wise, festivals looks to be an even bigger value.

Odesza and Paramore look to be 2 of the headliners this year as well.

 

The dynamic pricing and the bots are where it gets squirrely for me.

With dynamic pricing, can you name any other consumer good that utilizes that same approach? Where something goes on-sale and changes to the tune of 20% within seconds? Amazon and other online retailers have prices that fluctuate, but it's never within seconds and it's almost never to that high a percentage point.

Nevermind the fact that the presence of the bots creates false demand which jacks up the prices. It's kinda hard to truly assess what face value is when people aren't buying tickets for the experience, but as inventory. If you cut that out of the equation, I might feel better about the whole thing.

The Ticketmaster system is like seeing a sign on a store that reads "EGGS! $3!" And then by the time you get to the register and the cashier says "$60, please!" You've had your heart set on it, you've gone through the (complicated) process of signing up ahead of time, waiting in the queue to wait in another queue... And they jack the price up suddenly. It increases the chance of somebody saying "yes" when they might otherwise say "no." It feels extremely manipulative to a degree that goes beyond "that's how capitalism works." Especially because the market is so rigged in favor of the company.

So TicketMaster doing nothing about the bots is allowing them to say "SEE?!! Demand is high! We're just doing capitalism!" When really, demand is being artificially inflated for virtually every show in every market that's in a venue with capacity of 2k+.

Take that AFI show. 17k capacity. Seatgeek? 332 tickets on-sale currently. StubHub? 150+ listings. Ticketmaster? 200+ resale listings. VividSeats? ~225 listings. That's at least 10% of the tickets going straight to resale. And I'd imagine more will hit as the days go on. I'm not undercutting the demand for the show, but you can see how that might skew prices...

 

Airline tickets and hotels are the main things that come to mind (and, not coincidentally, are things I hate dealing with almost as much as Ticketmaster).

 

Yeah, that's a fair point actually. Those changes over days, not minutes or seconds. But on its face, its the same system.

Still, you don't have a bunch of bots logging on at 10am trying to buy all of the hotel rooms to resell them. LOL

 

So some music website review of Nickelback’s new album said that dates will be announced in January.

 

The only similar consumer good, so to speak, that takes this approach is airline tickets but those prices don't change within seconds (and also people don't queue up for flight on-sales the second they are available). I think more transparency around face value prices ahead of time would be helpful and, based on historical findings, estimates on dynamic pricing to get people prepared. It may be hard to swallow at first but, like, "expect tickets to range from 50-500 with dynamic pricing" might help.

As for those AFI listings you mentioned, a lot of those are likely the same seller so it's probably closer to 5% which...is still suspect but not as high as I think a lot of people imagine the resale market % to be for in demand shows.

 

Jack Antonoff Blasts Touring Industry & Music Venue Practices: ‘Include Artists in More Areas of Revenue’
https://www.billboard.com/music/music-news/jack-antonoff-blasts-touring-industry-music-venues-artists-money-1235174023/?fbclid=IwAR3TyKJcQyopGR2qZ3j55SFRdDcnX4gpgWvVwUpZqSOFJp1P2T680cfDNQQ

 

But tickets are through Ticketmaster which is owned by LiveNation.

 

Because AEG doesn't/couldn't provide to service that Ticketmaster said they could.

 

A little bit Longer by Jonas Brothers turns 15 next year

 

Not sure which highly publicized tour cancellations are being talked about but the only all-out major cancellations I can think of are Santigold and Animal Collective. AC cancelled their European tour and I suspect that's likely due to the high costs of getting gear/production/equipment over to Europe as well as navigating the different financial structures of each country. Santigold...was cancelled well in advance so hard to say if ticket sales were THAT poor.

 

you are just Mr defend the industry aren’t you…he may have been talking about world tours too. Those are being canceled left and right. There are also chunks of tours still being canceled due to Covid, which should be expected. Some rescheduled, some out right canceled.

 

yeah pianos become the teeth got cancelled because of COVID. That feels like a tour thta may hav experienced the walk up situation

 

Im less worried about an artist cancelling due to covid, and more concerned that I'll buy a ticket and then have to cancel due to covid. That's why I wait to buy tix. Also, inflation forcing tough choices financially.

 

Hi Spotify nerd guy back again:

I just learned some interesting facts about Spotify monthly listeners and followers. Apparently a band wants a 1 to 4 ratio of followers to listeners MINIMUM to really be successful. Listeners can spike because of playlists but followers are people who are all in and want to know about new music all the time. Followers are the people you’ll actually be able to sell tickets to a show too more than likely.

If you have Spotify on your desktop, you can see both followers and listeners. So when talking about bands and their poorly attended shows, check that stat. They may have 100,000 monthly listeners but only like 3,000 followers.

thanks to the most recent episode of the labeled podcast for this info!

 

Not defending anyone, just pointing out those are the only two major cancellations I’ve heard of recently.