{"id":13979,"date":"2024-06-19T14:53:47","date_gmt":"2024-06-19T14:53:47","guid":{"rendered":"https:\/\/lonecandle.com\/?p=13979"},"modified":"2024-06-19T14:53:48","modified_gmt":"2024-06-19T14:53:48","slug":"the-real-reason-it-costs-so-much-to-go-to-a-concert","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=13979","title":{"rendered":"The real reason it costs so much to go to a concert"},"content":{"rendered":"\n<p>&#8220;Though there are a number of factors involved in this price creep (including&nbsp;<a href=\"https:\/\/www.vox.com\/culture\/2024\/4\/16\/24132509\/ticketmaster-live-nation-lawsuit-swift-bad-bunny-beyonce-rodrigo\" target=\"_blank\" rel=\"noreferrer noopener\">high fees<\/a>, which a&nbsp;<a href=\"https:\/\/www.gao.gov\/assets\/gao-18-347.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">2018 Government Accountability Office report<\/a>&nbsp;says make up an average of 27 percent of the ticket\u2019s total cost), the heart of the matter is simple: demand. People all over the world are clamoring to go to just a handful of the most popular artists\u2019 concerts. Live Nation reported that&nbsp;<a href=\"https:\/\/apnews.com\/article\/concert-attendance-live-events-consumers-9104e80597fe0804bfe47599a7282acc\" target=\"_blank\" rel=\"noreferrer noopener\">145 million people attended<\/a>&nbsp;one of its shows in 2023, compared to 98 million in 2019. The momentum doesn\u2019t appear to be slowing, with&nbsp;<a href=\"https:\/\/investors.livenationentertainment.com\/sec-filings\/all-sec-filings\/content\/0001335258-24-000071\/0001335258-24-000071.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">ticket sales in the first quarter of 2024<\/a>&nbsp;higher than they were this time last year. &#8220;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.vox.com\/money\/24159044\/concert-tickets-ticketmaster-scalpers-expensive\">https:\/\/www.vox.com\/money\/24159044\/concert-tickets-ticketmaster-scalpers-expensive<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Though there are a number of factors involved in this price creep (including high fees, which a 2018 Government Accountability Office report says make up an average of 27 percent of the ticket\u2019s total cost), the heart of the matter is simple: demand. People all over the world are clamoring to go to just a handful of the most popular artists\u2019 concerts. Live Nation reported that 145 million people attended one of its shows in 2023, compared to 98 million in 2019. The momentum doesn\u2019t appear to be slowing, with ticket sales in the first quarter of 2024 higher than they were this time last year. &#8221;<\/p>\n<p>https:\/\/www.vox.com\/money\/24159044\/concert-tickets-ticketmaster-scalpers-expensive<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[1407,236,551],"class_list":["post-13979","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-prices","tag-regulation","tag-regulations"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/13979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13979"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/13979\/revisions"}],"predecessor-version":[{"id":13980,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/13979\/revisions\/13980"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}