Whether your dream concert is Karol G, Taylor Swift, or Drake, most people get their tickets online. The most popular website is Ticketmaster. Everyone knows the dreaded ticket lines. You stay on the web page for hours just to get a chance to get a decently priced ticket, not even a full chance of getting a ticket. This is the reality of most concert goers in this decade.
According to NPR, Ticketmaster’s head company live nation has had a monopoly over the ticket industry under so many venues. This meant the most effective and the majority of people use. Although the terribly high-ticket prices won’t go down any soon, it’s getting justice for the buyers.
Even if people have the money to buy tickets there’s no reassurance that they will get the ticket because of the long queues and resellers buying a mass of tickets, this means that already high price tickets are priced even higher by scalpers after the ticket master sells them to them.
Many people have complained to the performers, but they haven’t done much that would cause a change. Even in the 90’s, Nirvana Singer Kurt Cobain questioned that some big artists had $50 dollar tickets when he felt that $20 was a reasonable price. Even with inflation, the $50 price tag in the 90s would be around $100 in modern times. This amount would be more reasonable than your average A-lister concert ticket being +$500.
Sadly, these are massive corporations which will keep overcharging and not being fair to their customers. The lawsuit against them is a first step to control their power over how customers use their money. Supply and demand always exist, but there is a point where it is extremely excessive.
