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Live Nation CEO Claims Concert Tickets Are “Underpriced”
Concert ticket prices have been the source of outrage for years, but Live Nation CEO Michael Rapino now suggests that fans are still getting a bargain. Speaking at CNBC Sport and Boardroom’s Game Plan conference on Tuesday (Sept. 23), Rapino argued that concerts are “underpriced” when compared to other live events, particularly sports.
“In sports, I joke it’s like a badge of honor to spend [$70,000] for Knicks courtside,” Rapino said. “They beat me up if we charge $800 for Beyoncé.”
He continued, “When you read about the ticket prices going up, it’s still an average concert price [of] $72. Try going to a Laker game for that, and there’s 80 of them [in a season].”
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Don Carlos
Friday, June 12 @ The Chapel, SF
J Boog
Tuesday, June 16 @ UC Theater, Berkeley
DaBoyDame w/ Keyshia Cole, Plies +more
Friday, June 19 @ Fox Theater, Oakland
Buju Banton & Stephen Marley
Saturday, June 20 @ Fox Theater, Oakland
Khalid
Friday, June 26 @ Greek Theatre, Berkeley
Thee Sacred Souls
Saturday, Aug 15 @ Greek Theatre, Berkeley
Jungle
Wednesday, Oct 7 @ Greek Theatre, Berkeley
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