Why Concert Tickets Cost So Much (And Who Gets Paid)
Inkonomics
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Why Concert Tickets Cost So Much (And Who Gets Paid)
66 просмотров · 4 нед. назад
Inkonomics
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66 просмотров · 4 нед. назад
Same seat. Same show. A very different bill. Why do concert tickets cost so much—and who actually gets paid?
Follow the money through artists, promoters, venues, ticketing platforms and resale markets. We unpack the fees, fixed costs and scarcity behind the price—and why revenue isn't the same as profit.
The $50 ticket becoming $100 is an illustrative example, not an industry average. Actual prices, fees and contracts vary.
CHAPTERS
00:00 Same ticket, different price
00:26 The businesses behind your seat
00:59 Face value versus the full bill
02:01 What it costs to put on a show
03:09 Who gets the extra dollars?
04:17 Scarcity and the second market
05:24 Why resale prices rise
06:42 Incentives and market power
08:01 What upfront pricing changes
09:19 How to read your next ticket
09:55 The organizer's economics
10:32 Follow the whole money trail
SOURCES
FTC fee-disclosure rule and FAQ:
https://www.ftc.gov/business-guidance...
Congressional Research Service — Tickets for Live Entertainment Events:
https://www.congress.gov/crs-product/...
GAO — Event Ticket Sales:
https://www.gao.gov/products/gao-18-347
NITO 2024 Ticket Resale Study:
https://nitolive.org/wp-content/uploa...
FTC StubHub settlement announcement:
https://www.ftc.gov/news-events/news/...
FTC Live Nation/Ticketmaster complaint announcement:
https://www.ftc.gov/news-events/news/...
DOJ Live Nation/Ticketmaster case documents:
https://www.justice.gov/atr/case/us-a...
Legal complaints describe allegations, not findings of liability. Study results are specific to their samples. This video is an educational explanation, not financial or legal advice.
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