Summary: “Beyoncé is selling “listening only” tickets > for her Renaissance tour. The seats are behind the > > stage, so you can’t see any of the set or dancing, but > they only cost $157 compared to the ~$900 fans have been paying for regular US tickets.”
haha!
fuuuuuuuck that.
the thing that offends me most is the price. i remember thinking £80 was a lot for a concert ticket in about 2010
Well the thing is, she really needs the money.
She personally doesn’t, but it is a rather simple case of supply and demand for everyone else involved - there are only so many that fit in the concert, as long you find enough people willing to pay $900 per ticket to sell them all, it doesn’t make any financial sense to price them any lower. And if you do lower it while the market is still willing to pay significantly more, you quickly get swamped by scalpers grabbing the profit from you instead.
There is a Finnish saying that goes something like “He who asks is not the stupid one, the one who agrees to pay is”.It’s a common justification, but “if I don’t do [bad thing], then someone else will do [bad thing] instead, but worse” feels like an excuse we’ve heard before.
After all, there’s systems you could put in place to handle scalpers.
But Ticketmaster et al actually have them baked into the business plan, so have no intention of making change.
It’s the same reason there’s no politicians trying to bring rents down. They’re all bloody landlords.
Similar, not same.
Both are supply/demand equilibrium, and will always reach the price the market is willing to pay.
With Beyonce, the richest 10k (or so) fans are the ones who will buy the tickets, either through direct payment or scalpers. You could do things like name tickets with photo ID required to present, but the wealthiest who were willing to pay the scalper would still buy anyway. Taylor swift tried lowering her prices for actual fans with a point system, and got hauled over the coals for it.
The housing market is different. If you set a price control on rent you remove any incentive to improve your rental property or invest in new builds as you no longer receive the payoff from the risk - resulting in slum lords and large stocks of the cheapest, shittiest technically houses that you can get. Supply never moves, demand naturally increases over time and property never gets invested in.
What evidence are you basing your analysis of the effect of price controls on housing based on?
Germany and Austria have price controls on rents, and rental housing is generally much higher quality (and, unsure if cause/effect, much more socially desirable) than say, England. In England, which has no price controls, almost a quarter of rented accommodation is “non-decent” (by the English government’s low standards) – and where 18% of members of Parliament are private landlords (not to mention those whose spouses / parents / business partners are).
Sorry, can’t look up peer reviewed sources at the moment… or copy paste for some reason. Its worth noting that the price controls are no more than 20% higher than local properties at the start of tenancy, and no more than 20% increase over 3 years. Still allows for roughly 40% increase Oliver three years and there are discussions on how landlords are taking advantage.
Guardian discussed how companies are discouraged from building in Germany and fuelled demand for existing stock.
Germany population is also in a slow decline (like, -0.xyz%) so new builds aren’t as necessary as other places.
Ah yes, no scalper is going to want to buy up expensive tickets.
The problem with supply/demand trends for such limited availability is that unless you price astronomically high, theres going to be more than enough people willing to throw their money at it, even if they have to sell a kidney to do it. Its more than just basic market forces, its social trends and hysteria from hype.
At a certain point you have to ask “are they doing it to provide a service, or just making as much money as they can, because that’s all they really care about?” Because at a certain level, those two options are no longer compatible.
They will try, but if the prices are already high then they won’t be able to sell them nearly as easily or gain as much profit.
And even if we abolished scalping and it would bring the prices down a bit, it wouldn’t actually solve the issue - like how nVidia noticed last gen that there were enough people that were willing to pay ridiculous amounts for the scalped GPUs, so now they increased the prices themselves to that level. It just made it happen faster than normal as they could gauge the markets easier.
It sucks but what you wrote is exactly correct.
We saw it with concert tickets before they started raising prices. We saw it with gpus in the last couple years, Nvidia had to raise prices because we were seeing scalpers and we were seeing shortages.
Sucks, but when you have something that there’s a limited amount of and an unlimited number of dollars or what have you being printed, this is the final result.
(And I guess if we’re being honest, if a lot of people like a certain artist, there’s just going to be lots of demand for the thing.)
I paid that in 2017 or 18 for Bruno Mars for infield.
mine was my chemical romance, the seat wasn’t great but i had a good time. point is, $150 for just audio is shocking.
So Beyonce wants the poors out of sight and out of mind while those who can afford her $900+ tickets can see her?
I never liked Beyonce, but now she can legitimately go fuck herself at this point.
I mean it’s still live music? It’s still a party? I am not a Beyonce fan and I would never pay that much money for one artist. But it’s not like you see the artists anyway if you are at the back. So it’s only over the big screens
That’s what live concert albums are for. Pretty much the whole reason to go to a concert is to see the artist(s) perform, not just listen to them - you can can listen to them on a CD or Spotify/YouTube any random day of the week.
It’s gross they’re charging $900 to see Beyonce, but it’s even more disgusting to charge ~$150 to not see her and only listen from the backstage like some shmuck.
Not sure why you are downvoted… not negative enough??
Wait, what? $900 to see Beyonce? How is that justified? Or even possible?
Some people will actually pay that.
Well, isn’t that just… insane?
That’s the general public for you. It’s why we’re fucked.
This is dumb might as well hear her songs on the radio for free. 154 dollars to “listen” to her concert. How greedy can she get?
Well. Will be covered by “for people with impaired vision”.
Fuck Beyoncé. 900 bucks for a concert? To hear the shit she or her team produce? Fuck her.
Back in my day we called that being outside the venue.
You got me there :'D
I haven’t been to a concert in years. Prices are just too much, and then there’s this bullshit
Pop and other giant artists are the ones with insane prices. Small bands are pretty reasonable still. I go see well known metal artists’ concerts in LA for $20-55, usually around $30. More than it used to be sure, but it’s a bit less than $900 lol
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They’re going to feel real dumb when they see me pull out my periscope backstage.
This woman is one of the worst.
No idea how she has fans.
her fans will defend this
Her voice is so awful anyway. She couldn’t pay me to listen to her garbage ass “music”.
There is no one I would pay that much money to see.
That’s the thing, you ain’t going to even see her with those tickets.
😂
Any blind people here with opinions on the matter? Assuming it’s an artist you’d like to hear, would you buy a cheaper ticket in back, or still want to be out front?
If ALL of the concert is like that, then it would be avant garde “art”. Maybe a social-statement about entertainment.
They won’t even have something like a screen to see what’s happening on stage?
That would be extra $100 sir
