Concert ticket prices continue to go through the roof where $200 to $300 ticket prices have become common place (at least in New York). 

There is a reason why the big arena acts work the Northeast repeatedly while ignoring large parts of the country. The Eagles latest farewell tour keeps returning like a boomerang you just cannot seem to lose.  Eric Clapton’s 70th birthday bash at Madison Square Garden, with a top ticket price of $300 with Ticketmaster charges, has been slow to sell out even though it may be the only two nights played in the US with special guests likely to make an appearance. Neil Young’s twelve date summer tour with Willie Nelson’s sons have a top ticket price over $200 with plenty of seats available at Jones Beach (and even the general admission pit is still available). Van Halen, who should have hung it up years ago, have plenty of tickets still readily available for those who are entertained by David Lee Roth’s Spinal Tap shenanigans. 

Perhaps ticket prices have finally plateaued. Perhaps the Groupon nation just sits back and waits for the deep discounted concert ticket. In any event, the concert industry should be on high alert for potentially pricing themselves out even for as lucrative a market as the New York City area.

Money

Rock on

GQ