“The $200 room shoots up to the $600 room,” he explains, “all based on supply and demand.”Īrtist manager Peter Katsis, who has worked with popular acts ranging from the Backstreet Boys to Jane’s Addiction, says an imperfect dynamic pricing process isn’t necessarily solving a problem in a lopsided market. Lyman compares the startling price fluctuations to the costs of flights and hotel rooms when a large convention or festival is announced. It does make the artist as well as Live Nation look pretty bad.” “The artist does make more money but when the algorithm kicks in, it seems like there should be some threshold.
“Dynamic pricing has its pluses and minuses,” says veteran rock promoter Kevin Lyman, founder of the long-running Warped and Mayhem festivals, and now a professor at the USC Thornton School of Music. The Las Vegas Raiders have so far decided against dynamic pricing.
CARAVAN PALACE TOUR LOS ANGELES PROFESSIONAL
But not all professional sports teams are onboard. 18 opening of Adele’s rescheduled Las Vegas residency at Caesar’s Palace are currently selling for more than $28,000 on resale websites.ĭynamic pricing is common for sporting events, including Major League Baseball, where the fluctuations can be caused by shifting demand, weather and changing players. I believe that in today’s environment, that is a fair price to see someone universally regarded as among the very greatest artists of his generation.”ĭynamic pricing has already impacted ticket buyers for Harry Styles and Paul McCartney concerts.
“Our true average ticket price has been in the mid-$200 range. He also dismissed reports of tickets priced at $1,000 or more as not representative of most sales. This week, Landau released a brief statement to the New York Times, and was unapologetic, saying the ticket policy came after surveying “what our peers have been doing.” Guitarist Steve Van Zandt responded: “I have nothing whatsoever to do with the price of tickets. That initial silence from the Springsteen camp led some to confront E Street Band members online. Springsteen hasn’t commented, and manager Jon Landau declined an interview request through a publicist. In a statement, he added, “Americans have the right to enjoy some live entertainment without getting ripped off.” of New Jersey, who aimed his disapproval squarely at Ticketmaster for “the latest scandal from the greedy ticket monopoly.” Pascrell, who opposed Ticketmaster’s 2009 merger with Live Nation, is also a sponsor of the BOSS Act, which would force some transparency on the ticket industry. Prospective concertgoers also complained that the final checkout cost could be much higher than that price originally offered, as processing and other Ticketmaster fees would also be exponentially greater. That has meant fans looking to buy a coveted seat near the stage found themselves on a financial ride as bumpy as the latest cryptocurrency. Rather than scalpers, the money would instead go to the artist and promoter. In an attempt to cut off the multibillion-dollar resale business, ticket prices jumped to a “fair value” based on demand to approximate the secondary market. arena tour, Ticketmaster’s “dynamic pricing” program sent the face value for some floor seats to a dizzying $4,000 to $5,000 apiece. When Springsteen's loyal fan base logged in on July 20 to purchase tickets for the opening seven dates of his 2023 U.S. A national tour with his E Street Band typically means his hardcore followers bounce from state to state, taking in as many of the Boss’ legendary three- or four-hour marathon concerts as their wallets will allow. (Taylor Hill / Getty Images)Īs one of the most beloved figures in popular music, Bruce Springsteen has enjoyed decades of absolute devotion from his legion of fans. Then there’s jumping off the deck to swim, gathering around the table for a picnic feast of Greek delicacies from stuffed grape leaves to shrimp sandwiches, and taking photos and videos to prove that water this blue really exists.Bruce Springsteen performs on Broadway in 2021. You’ll drop anchor in a hidden bay that seems to exist only for your family and the occasional passing fisherman. But your best bonding opportunity is the traditional caique island sail and picnic, which brings your crew out into the Mediterranean Sea.Īfter a small tender zooms you out to the picture-perfect Greek fishing boat, you’ll climb aboard and set sail for a two-hour idyll that involves floating past Spinalonga islet with its ruins of a 16th-century Venetian fortress and the old leper colony made famous in Victoria Hislop’s The Island. Rising from the shores of sparkling Mirabello Bay, the Blue Palace in Elounda, Crete offers plenty of kid-friendly diversions on land, from a kids’ club to courtyard foosball tables to open-air movies screened at night.
0 kommentar(er)
