What Ticketmaster Doesn't Want You To Know: Concerts Were Cheap For Decades

Video Description

Ticketmaster and Live Nation have destroyed the concert experience. But it didn't use to be this way. Today, Oasis and Taylor Swift tickets might go for thousands of dollars, but back in 1955, you could see Elvis Presley in concert for less than the modern-day equivalent of $20. We investigated further and found ticket stubs from the biggest acts between 1970-1989, and they all cost around $45. Now you’re paying exorbitant service fees and indie venues are getting squeezed, all because two corporations gobbled up the industry. So how did they do it? Watch our full deep dive into the history of concerts over the last 70 years and how corporate greed turned one of the most populist forms of entertainment into a luxury good. Additional reading: https://prospect.org/power/ticketmasters-dark-history/ https://www.economicliberties.us/wp-content/uploads/2024/01/20240104-AELP-Livenation-Brief-FINAL.pdf ----- More Perfect Union’s mission is to build power for working people. Here’s what that means: We report on the real struggles and challenges of the working class from a working-class perspective, and we attempt to connect those problems to potential solutions. We report on the abuses and wrongdoing of corporate power, and we seek to hold accountable the ultra-rich who have too much power over America’s political and economic systems. We're an independent, nonprofit newsroom. To support our work: - Help fund our reporting: https://secure.actblue.com/donate/mpu-splash - Substack: https://substack.perfectunion.us/ - TikTok: https://www.tiktok.com/@moreperfectunion - Twitter: https://twitter.com/MorePerfectUS - Facebook: https://www.facebook.com/MorePerfectUS - Instagram: https://www.instagram.com/perfectunion/ - Threads: https://www.threads.net/@perfectunion - Website: https://www.perfectunion.us