Are concert tickets too expensive? | The Tylt
The cost of concert tickets continue to increase and some fans are saying they have had enough. A-list artists like BTS, Drake and Beyoncé are known for their outrageous ticket prices. Some feel like it is worth the big bucks to see their favorite artist perform because it is a memory and experience they can cherish. Others say they aren't willing to break the bank for a moment in time. Are expensive concert tickets worth it?
Are concert tickets too expensive?
Jessica from Las Vegas agrees; she told The FADER, “The price for major concert tickets in 2017 is insane. The most I've spent on concert tickets is $225 per ticket a couple years back. That price got me a VIP package including a goody bag and floor seats in a stadium. This year I'll be lucky to find seats anywhere near the stage for less than $400.”
Some believe high-priced concert tickets are worth it. According to The Fader, one reason concert tickets are so expensive is because fans are literally helping to support the artist.
With the music industry reshaped by streaming, it’s a commonly accepted narrative that artists now make most of their income from touring rather than record sales. Many believe that this is why they push up the price of concert tickets. The fuller picture, though, is a bit more complex.