BuffettNews.com

Lower Ticket Prices On Horizon

Clear Channel News
April 13, 2005

As concert promoters head into the busy summer season, ticket prices are expected to drop up to 30 percent, with Clear Channel Entertainment leading the way. A report in The New York Daily News says that CCE will drop the price of lawn seats at its outdoor venues - tickets that previously had been selling for as much as $40 each - to $20, and will also eliminate the four dollar facility charge that used to be tacked on to the final price. This is good news for music fans, as the average ticket price had risen more than twice the inflation rate in the last ten years. Promoters hope this will lead fans to look at concert tickets as more of an impulse purchase than a financial decision.

"When I was young, buying a ticket didn't cause any anxiety," Jonny Podell -- who works with The Allman Brothers, Cyndi Lauper and others -- told The Daily News. Podell went on to point out that this summer's top-price ticket for The Allmans will be $40, 20 percent lower than last year.

Clear Channel also is said to be asking acts to take lower guarantees, offering a greater percentage of box office receipts in exchange, in an effort to keep prices down and avoid a season like Summer 2004, when attendance dropped by more than five percent and overall concert revenue remained flat from 2003. Concert-goers can expect to still pay top dollar for major artists such as U2, Paul McCartney and The Rolling Stones, the latter two are expected to tour this year.

Jahfin wrote:Lower Ticket Prices On Horizon

Clear Channel News
April 13, 2005

As concert promoters head into the busy summer season, ticket prices are expected to drop up to 30 percent, with Clear Channel Entertainment leading the way. A report in The New York Daily News says that CCE will drop the price of lawn seats at its outdoor venues - tickets that previously had been selling for as much as $40 each - to $20, and will also eliminate the four dollar facility charge that used to be tacked on to the final price. This is good news for music fans, as the average ticket price had risen more than twice the inflation rate in the last ten years. Promoters hope this will lead fans to look at concert tickets as more of an impulse purchase than a financial decision.

"When I was young, buying a ticket didn't cause any anxiety," Jonny Podell -- who works with The Allman Brothers, Cyndi Lauper and others -- told The Daily News. Podell went on to point out that this summer's top-price ticket for The Allmans will be $40, 20 percent lower than last year.

Clear Channel also is said to be asking acts to take lower guarantees, offering a greater percentage of box office receipts in exchange, in an effort to keep prices down and avoid a season like Summer 2004, when attendance dropped by more than five percent and overall concert revenue remained flat from 2003. Concert-goers can expect to still pay top dollar for major artists such as U2, Paul McCartney and The Rolling Stones, the latter two are expected to tour this year.

Don't let your twin read this. He has huge problems with Clear Channel.

Thanks Jah. I think your post is very timely!

Jahfin wrote:Lower Ticket Prices On Horizon

Clear Channel News
April 13, 2005

Concert-goers can expect to still pay top dollar for major artists

Hmmm... Buffett fall into that catagory? I'd think so!

Concertgoers to pay less for tickets
Thursday, April 14, 2005
FROM STAFF AND WIRE REPORTS


ASSOCIATED PRESS
James Taylor


NEW YORK — Paul McCartney, the Rolling Stones and Bruce Springsteen are going on tour. Even better news for concert fans: Ticket prices are going down. Some will drop by as much as 30 percent, according to experts. Clear Channel Entertainment, the world’s largest concert promoter, is leading the way, cutting the prices for lawn seats in its outdoor venues, which include Germain Amphitheater in Delaware County.
Some no-frills seats at Clear Channel venues that used to go for as much as $40 will now cost $20. In addition, Clear Channel is ditching the $4 facility fee it used to charge, all in an effort to lure music lovers to outdoor shows.

While lawn seats for the Dave Matthews Band’s June 7-8 concerts at Germain still cost $39.50, a spot on the grass costs $20 for Hall & Oates on July 10 and $23 for James Taylor on July 27.

"Consumers don’t want to pay $45 to sit on a lawn," said Gary Bongiovanni, editor of the concert-business magazine Pollstar. "The public is pushing back."

Jonny Podell, who handles acts such as the Allman Brothers and Cyndi Lauper, said he’s cutting ticket prices for his acts this year by 20 percent to 30 percent.

Top-priced tickets for the Allman Brothers will be $40, compared with $50 last year.

"When I was young, buying a ticket didn’t cause any anxiety," Podell said. "Now you have to make a big decision."

Heritage rockers aren’t the only ones who will be charging less. The highest-priced ticket for contemporary singer Gavin DeGraw, who also is touring this year, will be $30.

Concertgoers could use a break. Ticket prices have more than doubled during the past decade, while inflation during the same period rose 24 percent. The average price hit $52.39 last year, and the top ticket for Madonna went for an earsplitting $300.

Prices have spiraled as artists have demanded more and more money upfront. Through the years, big stars have been guaranteed a mega-payday — whether or not they filled the venue.

Last year, fans refused to pay for some shows. Total ticket sales were flat at $2.2 billion, while attendance shrunk by almost 6 percent.

In an effort to get prices down, Clear Channel is asking its acts to take smaller guarantees in exchange for a bigger cut of the box office.

Price cuts don’t necessarily mean bargains. Although McCartney tickets will be cheaper than they were for his 2002 tour, high-end tickets are expected to cost as much as $200.

But concert promoters are making efforts to make fans feel like they are getting more for their dollar.

The Vans Warped Tour, to take place June 18 at Germain, will include more than 40 punk, hip-hop and rock bands. Each ticket costs $31.75.

Also, many big names during the summer will be paired on a single marquee, such as John Mellencamp, who will tour with John Fogerty, and Stevie Nicks, who will be paired with Don Henley.

"There are a lot of cool shows out there," said Ray Waddell, a senior writer at Billboard magazine. "People have shown they need something worth paying for."

a1aara wrote:a spot on the grass costs $20 for Hall & Oates on July 10

Yikes....some people will actually pay $20 to go see this show!

I wouldn't even go if you paid me the $20!

Thank the good lord! I have been going to so many concerts that my wallet is on life support. This will surely help me out alot!

PHBeerman wrote:

Jahfin wrote:Lower Ticket Prices On Horizon

Clear Channel News
April 13, 2005

As concert promoters head into the busy summer season, ticket prices are expected to drop up to 30 percent, with Clear Channel Entertainment leading the way. A report in The New York Daily News says that CCE will drop the price of lawn seats at its outdoor venues - tickets that previously had been selling for as much as $40 each - to $20, and will also eliminate the four dollar facility charge that used to be tacked on to the final price. This is good news for music fans, as the average ticket price had risen more than twice the inflation rate in the last ten years. Promoters hope this will lead fans to look at concert tickets as more of an impulse purchase than a financial decision.

"When I was young, buying a ticket didn't cause any anxiety," Jonny Podell -- who works with The Allman Brothers, Cyndi Lauper and others -- told The Daily News. Podell went on to point out that this summer's top-price ticket for The Allmans will be $40, 20 percent lower than last year.

Clear Channel also is said to be asking acts to take lower guarantees, offering a greater percentage of box office receipts in exchange, in an effort to keep prices down and avoid a season like Summer 2004, when attendance dropped by more than five percent and overall concert revenue remained flat from 2003. Concert-goers can expect to still pay top dollar for major artists such as U2, Paul McCartney and The Rolling Stones, the latter two are expected to tour this year.

Don't let your twin read this. He has huge problems with Clear Channel.

I've said this before but since you never seem to get it, it bears repeating again. If you don't like what I (and others) post, please don't go out of your way to read them and respond to them. Constructive criticism is fine but that is seldom, if ever the case with you (and a few others here). The point has been made time and time again that some don't like the posting of music news items but it's also been pointed out that it's not going against the forum rules. You've made your point and I've done my very best to honor others wishes that I try to be more respectful in this forum, I'm politely suggesting that you do the same. Thanks.

dean_siu wrote:

a1aara wrote:a spot on the grass costs $20 for Hall & Oates on July 10

Yikes....some people will actually pay $20 to go see this show!

I wouldn't even go if you paid me the $20!

I'd rather pay $ 20.00 to go see Hall & Oates in the lawn than pay $ 128.00 to see Buffett in the same lawn

Jahfin wrote:

PHBeerman wrote:

Jahfin wrote:Lower Ticket Prices On Horizon

Clear Channel News
April 13, 2005

As concert promoters head into the busy summer season, ticket prices are expected to drop up to 30 percent, with Clear Channel Entertainment leading the way. A report in The New York Daily News says that CCE will drop the price of lawn seats at its outdoor venues - tickets that previously had been selling for as much as $40 each - to $20, and will also eliminate the four dollar facility charge that used to be tacked on to the final price. This is good news for music fans, as the average ticket price had risen more than twice the inflation rate in the last ten years. Promoters hope this will lead fans to look at concert tickets as more of an impulse purchase than a financial decision.

"When I was young, buying a ticket didn't cause any anxiety," Jonny Podell -- who works with The Allman Brothers, Cyndi Lauper and others -- told The Daily News. Podell went on to point out that this summer's top-price ticket for The Allmans will be $40, 20 percent lower than last year.

Clear Channel also is said to be asking acts to take lower guarantees, offering a greater percentage of box office receipts in exchange, in an effort to keep prices down and avoid a season like Summer 2004, when attendance dropped by more than five percent and overall concert revenue remained flat from 2003. Concert-goers can expect to still pay top dollar for major artists such as U2, Paul McCartney and The Rolling Stones, the latter two are expected to tour this year.

Don't let your twin read this. He has huge problems with Clear Channel.

I've said this before but since you never seem to get it, it bears repeating again. If you don't like what I (and others) post, please don't go out of your way to read them and respond to them. Constructive criticism is fine but that is seldom, if ever the case with you (and a few others here). The point has been made time and time again that some don't like the posting of music news items but it's also been pointed out that it's not going against the forum rules. You've made your point and I've done my very best to honor others wishes that I try to be more respectful in this forum, I'm politely suggesting that you do the same. Thanks.

So sorry, but you are annoying and nobody cares. If you have gone out of your way to honor others wishes, you would have disappeared. Until this happens, I will go out of my way to bother you.

Now go away.

I like cheese.

me too!!!


popcorn Mal?

ph4ever wrote:me too!!!


popcorn Mal?

mmmmm. delicious. now i guess we just sit back, relax, and watch

buffettbride wrote:

ph4ever wrote:me too!!!


popcorn Mal?

mmmmm. delicious. now i guess we just sit back, relax, and watch

wonder if there's a cabana boy around?? I could use a bottle of water - you look like you need a boat drink

ph4ever wrote:

buffettbride wrote:

ph4ever wrote:me too!!!


popcorn Mal?

mmmmm. delicious. now i guess we just sit back, relax, and watch

wonder if there's a cabana boy around?? I could use a bottle of water - you look like you need a boat drink

Cabana Boy and a Cuba Libre to start, girlfriend.

Would you like Evian water or Perrier?

buffettbride wrote:

ph4ever wrote:

buffettbride wrote:

ph4ever wrote:me too!!!


popcorn Mal?

mmmmm. delicious. now i guess we just sit back, relax, and watch

wonder if there's a cabana boy around?? I could use a bottle of water - you look like you need a boat drink

Cabana Boy and a Cuba Libre to start, girlfriend.

Would you like Evian water or Perrier?

I think I'll go with Evian.

If you're only visiting this thread for another useless p*** match you might as well move along because I'm not going to participate. Been there, done that.

Jahfin wrote:If you're only visiting this thread for another useless p*** match you might as well move along because I'm not going to participate. Been there, done that.

Does that mean that you are going to disappear?

Thanks for the article Jah. I found it surprising that Clear Channel was that awake for a change.

The Lost Manatee wrote:Thanks for the article Jah. I found it surprising that Clear Channel was that awake for a change.

Maybe they finally figured if they lowered ticket prices more of us might actually buy 'em.