> But a lot of artists want to sell tickets below market price.
IMO artists should stop trying to sell below market and instead move the market by increasing supply. TSwift tickets wouldnt sell for $1000 a ticket if she played 3 nights... It's also a contradictory goal to what basically everyone else in the industry cares about (eg vendors, venues, crews etc).
Perhaps for super super stars like tswift she'd literally end up playing 24/7/365 ... But for a lot of artists additional nights would really change the curve.
I'm curious how alternatives might effect elasticity, something like simulcast at theaters for less than live in person?
IMO artists should stop trying to sell below market and instead move the market by increasing supply. TSwift tickets wouldnt sell for $1000 a ticket if she played 3 nights... It's also a contradictory goal to what basically everyone else in the industry cares about (eg vendors, venues, crews etc).
Perhaps for super super stars like tswift she'd literally end up playing 24/7/365 ... But for a lot of artists additional nights would really change the curve.
I'm curious how alternatives might effect elasticity, something like simulcast at theaters for less than live in person?