So I logged in yesterday to see what was going on and was in the queue for Cardiff tickets

This was on Ticketmaster. Starting at 117k people at 09:15 and finally got to the seat selection page at about 13:00. It was more just to see but if say two £75 seated tickets were available I’d have probably gone for them. Genuinely not bothered that I didn’t. I’d gone about my usual business and just kept the app running.
Some seats were showing as available but when clicked it said Error. However they did have Pitch Standing Tickets that had been Dynamically Priced at £355! Instead of the original £150. So this is the price that has been inflated by the band and its promotors. Not Ticketmaster, not re-sales, but the band. Our heroes, our gods. (Although not mine in the case of Oasis)
It first came about a couple of years ago and it reflects the pricing nature of budget airlines, IE if there’s more demand, the prices are higher. And even good old man-of-the-people Bruce Springsteen dabbled with this last year but I believe soon stopped mid tour.
I did listen to an economist debating the whole ticket/resell world and he came from the other angle by putting forward the idea that if there are people willing to pay say £355 for a £155 ticket then really the band/promoter should’ve priced them at £355 in the first place. Obvs that starts making it only for the wealthy but with gigs/merch/content being the main income for performers it’s not hard to see why they’re not doing gigs for free. Also back in the old days gigs were primarily to promote the sale of records/cds/tapes.
I go to small and large gigs, I enjoy them for different reasons, it’s like going to Snetterton to watch F3, one of them might be in F1 in two years and you can say you saw him first for £20.

Posted By: Augustus Pablo, Sep 1, 14:27:09