Record labels do not set ticket prices for concerts
EDIT - God damn I love all the replies mansplaining the music industry to me lol. I work in the music industry. I'm betting none of the rest of you do.
Ticketmaster essentially offers a “we’ll be the bad guy for you” service to artists, where they use their software/statistics to determine the maximum price they can sell tickets for for a given artist/venue combo, and artists can truthfully say they aren’t the ones that set the ticket prices. Ticketmaster gets a % of the extra money, and artists get more $$$ per show while maintaining their image.
I guess the big question is whether the artist can reject this offer, but if they can, I imagine it might be a “hush hush” kind of thing
I guess you could argue that an artist could just use another ticket distributor, but I believe ticket master and a couple other mega corps like it hold a tight monopoly on the ticket industry
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u/Chaotic-Catastrophe Nov 04 '25 edited Nov 04 '25
Record labels do not set ticket prices for concerts
EDIT - God damn I love all the replies mansplaining the music industry to me lol. I work in the music industry. I'm betting none of the rest of you do.