Why Ticket Prices For Concerts, Sporting Events And More Have Gone Up

The video discusses the rising costs of event tickets post-pandemic, highlighting the increase in ticket prices for concerts and sports events. It explores the role of the secondary market and ticket brokers in inflating prices, as well as the impact of service fees on consumer behavior. Legislative efforts to address market control by major companies like Live Nation and Ticketmaster are also covered.

What factors have contributed to the increase in average ticket prices for concerts from 1996 to 2021?

How has on-site spending at concerts changed from 2019 to 2021 according to Live Nation?

What role does the secondary ticket market play in ticket pricing according to the text?

What are some of the advantages that ticket brokers have in the ticket purchasing process?

What legislative actions have been proposed to address high ticket prices?