Does streaming music equate to high concert ticket prices
Im an ex musician(guitar player in alternative rock) and back in the day ie1970s/80s/90s bands toured to promote record sales to make money,now it seems its the opposite.Im a digital guy,I dont play records at all.I dont stream either,CD only and i still buy 2 or 3 new CDs a month.To me my system sounds fantastic.Here locally Pearl jam is playing and the standing room ticket out in the field is 250 bucks,You cant see them or really hear the music.Ridiculous in my opinion yet its sold out.Aerosmith is coming on the farewell tour and ticket prices are about as stupid as it gets..Over 7 grand for a great seat....After doing a google search on what artist make on their music being streamed the numbers are quite low...Tidal pays .01,Qubuz .04 and Spotify .003....Its kind of obvious at least to me the music streaming is contributing to the high cost of ticket prices...anyone have an opinion?
@bubba12 - Not every artist is an Aerosmith or Taylor Swift. The negotiating power those two artists have is very different than most musical artists. Also, read. Plenty of articles out there on how there are only a few ticket sellers and music streamers who are paying the majority of artists a pittance.
https://www.vox.com/culture/2022/11/21/23471763/taylor-swift-ticketmaster-monopoly |
Should also point out that the music industry has historically discriminated against non-white artists, often getting contracts for disproportionately less than their white counter parts. My point is not that Ticketmaster is necessarily being racist vs. purely monopolistic, but that the music industry is subject to the same bad rich people behaving poorly because they can. Anyone who thinks once you have a record contract you don't have any more problems just isn't paying attention. https://www.theguardian.com/music/2023/sep/19/jann-wenner-music-industry-rolling-stone |
@erik_squires The OP specifically mentioned Aerosmith so I went with it. If you were referencing club acts I don't necessarily disagree. I will say that if you can tour nationally and sell out clubs you will still make a nice living. There are sure plenty of club acts out there for a business that you believe is not profitable for them. The streaming payouts have to change. I don't pretend to understand why new deals aren't required when a new technology appears. Interesting topic. |
@erik_squires One more comment. Some of us believe the artists are in full partnership with all the ticket scams. Ticketmaster takes the heat while the artists take profit from it. |
@bubba12 - I may be wrong, but think even more of us think that most artists have nothing to do with ticket scams and are as victimized by ticket agencies/scalpers as most of the ticket-buyers. I would be interested in knowing the evidence some of you have to support this belief, however. |
