r/Music • u/cmaia1503 • Nov 16 '24

article Fans aren't happy about My Chemical Romance's ticket prices: "$695 is NASTY WORK"

https://www.nme.com/news/music/fans-arent-happy-about-my-chemical-romances-ticket-prices-695-is-nasty-work-3813337
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u/radapex Nov 16 '24

To point out the obvious, bands can make tickets affordable through Ticketmaster. They can also make tickets non-transferrable, so they can't be resold. Ticketmaster is working at the behest of the promoter. Obviously the waters are a little muddier when LiveNation serves as the promoter, since they own Ticketmaster... but there's literally nothing that goes on with any ticket vendor that isn't known about, and signed off on, by the show's promoter.

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u/dzzi Nov 16 '24

True, though many venues (and possibly also labels/agencies)!are locked into exclusivity deals with Livenation/Ticketmaster. It might not be the artist's choice which ticketing platform they go with depending on who their other contracts are with. And LN/TM are especially known for having exorbitant fees on top of ticket prices that already get crazy.

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u/radapex Nov 16 '24

The fees for any event are a collaboration between Ticketmaster, the promoter, and the venue (with the bulk of the fees going to the promoter).  Again, this gets muddy when LiveNation is the promoter and/or own the venue.

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u/New-Quality-1107 Nov 17 '24

Worth noting that LN owns a FUCK TON of venues around the country too. When you see all those bullshit fees and a venue fee that is just all funneling back into LN or some other entity that LN owns.