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Seeing your favorite artist onstage has never been more expensive. In the 1960s, a ticket to see The Beatles could cost around $5. In 2024, the average concert ticket in the US was nearly $136. And on the resale market, prices can jump to almost double that, with some Taylor Swift fans paying thousands of dollars for a single seat.
Business Insider spoke with individuals across the live music ecosystem — including Live Nation and Ticketmaster, resale sites like StubHub, musicians, lawyers, government officials, music journalists, and fans — to unravel why concert tickets have become so expensive and why many people believe the system is rigged against ordinary fans.
00:00 - Intro
02:31 - The Evolution of Concerts
03:33 - The Fall of Recorded Music
04:46 - Ticket Pricing Breakdown
06:17 - The Rise of Ticketmaster
07:44 - The Rise of Live Nation
09:02 - Ticketmaster and Live Nation Merger
09:34 - The Rise of Live Nation Entertainment
12:17 - Taylor Swift Fans Sue Live Nation
13:54 - United States v. Live Nation Entertainment
15:48 - Live Nation Entertainment's Side of Ticket Prices
18:27 - The Blame Game
18:40 - Musician's Side of Ticket Prices
20:08 - The Rise of Ticket Resale
21:06 - StubHub's Side of Ticket Prices
24:37 - Dynamic Pricing
25:32 - Favorite Concerts
27:44 - Credits
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#concerttickets #Ticketmaster #LiveNation #StubHub #SoExpensive
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