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?

missioncoonery

Showing 3 responses by erik_squires

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

@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

Unfortunately it’s not streaming, it’s capitalism. Those with the most amount of capital have the most leverage and consume most of the profits, as opposed to the creative or physical workers.

Artists make very little in live performances anymore due to the percentage taken by the ticket sellers and venue operators.

In other words, artists are getting squeezed by the streaming service providers as well as the venue operators.  The lack of revenue from streaming does not (sadly) mean that artists can make up the money in live performances.

Do a little searching on Google or Bing or whatever around ticketmaster and artists and you'll find plenty of credible evidence for this.

Of course, there are exceptions, and small venue operators typically are more willing to share more of the proceeds with artists, and if you are into Jazz like I am this means you can find amazing artists at an intimate club pretty often.

In both streaming and large live performances,the power of the operators is taking most of the wealth. When a capitalist can afford to buy AI instead of hiring people things will only get worse.