Some people think CEOs are too tall
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Some think they breathe too much oxygen
Of course he does, it's Capitalism, which will always incentivize firms to get as many people as possible, to pay as much as possible, for as little as possible.
This timeline is weird
Thieves are just there out on the open bragging how they steal, and then just taunt people with saying that they'll come back and steal some more
Yet he doesn't get jailed?
I appreciate what you're saying, but nobody is forcing anyone to buy tickets.
Stop going to arena shows! That's it! It's not even that hard, support small(er) local venues. If you have to miss massive band/artist, que sera. If the band doesn't give a shit, then it's not worth it anyway.
Do you live outside of the United States or something? Or just not go to concerts? Live Nation owns almost all of the small venues too. They've bought nearly everything out, and the few remaining independent venues are on life support. And if you're a local band, good luck. 20 years ago, venues would pay you to play. But now you have to pay them like $200 just for the privilege of playing at a small venue with a 350 person capacity. In my city less than 20 years ago, I remember being able to walk downtown in the music district on any day of the week, and there would be over a dozen venues right next to each other all playing something different. It could be a Tuesday night. Music was everywhere, and tickets were $6-20. But there was also tons of free stuff. But after the venues all got bought out, that all stopped. There's not enough big money in music 7 days every week. A lot of venues now only have shows as little as twice a month. And then they'll want to charge $70+.
Why shouldn't we be outraged? Music culture is being destroyed. Your "stop going to shows" solution isn't a solution. Nobody is going to concerts several times in a week anymore. What there once was has been destroyed. Live Nation needs to die.
Do you live outside of the United States or something
Uh... Most people do, luckily
Why shouldn’t we be outraged? Music culture is being destroyed. Your “stop going to shows” solution isn’t a solution. Nobody is going to concerts several times in a week anymore.
Well clearly a lot of people are still going to a lot of concerts unfortunately. Maybe if your country ever gets a more sane government, there will finally be an anti-trust case against LN. But honestly that is so unlikely, y'all are just gonna have to start shooting more CEOs. Maybe someone will do this guy next.
Edit: So apparently there IS an ongoing anti-trust lawsuit that started in 2024, but now all he needs is to pay Trump the usual fee, so idk how it's going to end up.
Outside of the US, stuff is at least not as bleak. It's a bit harder to destroy things that have been established for so long. Like in New Orleans, things had been established for a long time and it took a natural disaster (Katrina) to destroy the independent venues. But there are no protections against late stage capitalism in the US. Often, taxes alone will destroy independent venues. And yeah, I don't have any hope in the US government doing anything to help. It would sooner call all music a form of terrorism and make it illegal.
I was just in a hotel last night and a local band was performing for free.
Can you believe that? I didn't have to pay anything, I wasn't even a guest!
But let's be honest, going to shows for most people is so that they can say they went to the show. It's part of the culture of consumption and exclusivity where you need to spend money in order to be part of the conversation.
Right, but don't blame the victims. Consumer choice cannot bust monopolies. It does not work that way.
Yeah, I just can't buy this being a victim thing. I'll put the slider somewhere between nothing and victim, but you don't need to see Taylor Swift. I'll even accept that you need to see live music, but there is live music available at better rates and in smaller venues.
I do think the monopoly needs to be broken up, it I also think consumers need to be better. I swear, consumerism is such a problem in the US. They could literally write "Fuck You" on price tags and people would be like, well, fuck me I guess, as they buy shit they don't need.
And I'm not suggesting we shouldn't spoil ourselves, it's all good, but if you complain about concert tickets and then go and spend 350-500$ on shitty seats in a stadium that sits 100k people, you need to do better.
Even victims' lives go on, though. And many things are not "necessary" but still we used to break up monopolies, because they are a societal plague, not a consumer choice problem. So again, you are blaming people for not solving a problem that they cannot possibility solve.
Yeah, this ain't food, or access to the Internet or some other utility. It's concert tickets. And I agree they should step in to stop the monopoly, but at the same time consumers can exercise some modicum of restraint and not spend a fortune to go see shows. I'm not paying 500$ for tickets to see Blink 182, fuck that and fuck them for allowing it to happen. Cash grabs have become the norm for bands these days and I'm just not going to support that shit.
I'm so glad I feel no need to actually go to concerts.
I've been to 2 since 2017 or 2018. Rammstein for the show they put on (was a lot of fun and this was before the allegations; wouldn't go see them now) and then there's an Estonian hip hop band that got back together for a reunion tour, a decade after they were last active. So I went to see them, as their shit was actually good.
Now that I got those done, I doubt I'll be going to another concert or festival anytime soon. There's only a few artists I'd want to go see live and the biggest one is notorious for NOT doing world tours and another one already did my country this summer when I couldn't attend.
Key part is I only want to see artists live whose shows are special, or childhood favorites that are still active.
Me too. I haven't been to a show in 10-ish years. Don't miss it at all.
Ffs man, the prices are out of control for concerts. Live Nation needs to have their monopoly broken up.
This for sure. Once they consolidated everything, they raised the ticket fees and the venue fees for artists. They charge more and most artists makes less. Live Nation is a textbook example of a monopoly fucking over the consumer.
Too many concerts are not about the music anymore, too many events are becoming overinflated. And thus overpriced.
I watched parts of a Katy Perry show on TV lately: with every song came different costumes, lights, fire and explosion effects, acrobats, lasers, smoke, vehicles, waterfalls, bubbles, confetti, inflatables, whatnot onto the stage... It was a total mess and utterly exaggerated.
Are people really all so numb that they need these extreme overstimulations to feel something?
Meanwhile the local band is performing for 50 bucks and a couple of free drinks
Depends on the band. Popular trendy groups are going to have a lot of gee-whiz effects. I’ve probably been to a dozen shows over the last few years and seen zero fireworks, and the only costume change was a singer taking off a jacket after getting too hot on stage.
I mean from an economics standpoint if people are willing to pay higher prices on tickets being resold then they are underpriced. The price people are willing to pay is the "true" value of the thing. Personally I think concerts are too expensive even at list prices but artists are consistently selling out venues at these prices and even higher because people are paying more for tickets on secondary markets. Obviously there are people for whom seeing Taylor Swift is actually worth over a thousand dollars, and to be honest, if that's how much it is worth to them there's not much you can do to stop them from going, and I'm not sure I even want to. I might go see Taylor Swift for $40 a ticket just for the experience but is that really worth denying it to some super fan willing to pay 10x that? I won't get nearly as much from the experience as they will, and it's obviously not worth it to me.
It's 2025 and people can't boycott a company that over sells tickets, saying "I can't miss Taylor Swift".
Aren’t Live Nation the Astroworld guys? Yeaaahh not gonna give those guys any credence whatsoever
Not just Astroworld, they do most concerts in the US and a bunch outside of it.
Live Nation has been linked to at least 200 deaths and 750 injuries at its events in seven countries since 2006. From 2016 to 2019, they had also been cited for at least ten OSHA violations, fined for several more serious incidents, and sued civilly at least once for a concert incident.
Well I think he's stealing too much of our oxygen & should be stopped.
When they stop making bread and games available, the jig is almost up.
From a purely economics standpoint, when scalpers are able to sell at a higher price, yes they are underpriced.
But doing so limits access to cultural events to only those that can afford them.
"Cultural" like the bacterial culture between my toes, maybe.
Not true. Economic models typically assume competition exists. This is a monopoly, so the models don't actually work here.