7 ms·

Taylor swift is big enough that she could build a venue in each location if she wanted, so that not an issue. If Taylor and a few other large artists gave the m

by calgoo 3y ago

Taylor swift is big enough that she could build a venue in each location if she wanted, so that not an issue. If Taylor and a few other large artists gave the middle finger to ticketmaster and basically created their own ticket system, i promise you that they would have enough pull to basically solve this. However, like you said, thats not in their or their labels interest.

deleted 3y ago
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bobthepanda 3y ago
stadiums are multibillion dollar affairs that take years and lots of public financing. SoFi stadium was $5.5B. https://en.wikipedia.org/wiki/List_of_most_expensive_stadiums https://en.wikipedia.org/wiki/List_of_most_expensive_stadium...
- tomjakubowski 3y ago
  SoFi was entirely privately funded, as far as I know. Public funding for private stadiums is less popular than it used to be
- TheGRS 3y ago
  Just being devil's advocate since I also don't necessarily agree that TSwift could build a venue in every market, but there are plenty of large-scale events that use open fields and tents and aren't going to cost billions to setup.
  - bombcar 3y ago
    That's how I took it, if she wanted to rent out a field and import equipment, she'd still sell out, and at whatever price she wanted to charge.
    - ysavir 3y ago
      Of course, then it also falls to her and her team to handle permits, hiring employees for the concert (and this would be a one time thing for those employees?), training, arranging materials, foods, and anything else, figure out parking and transportation, manage any necessary insurance, and whatever else is needed. A venue is more than having a place, it's having everything necessary to handle an immense volume of people gathering, acting, and dispersing from a single location in a safe and orderly fashion.
      - TheGRS 3y ago
        Again though, there are plenty of events that already do this and have people for handling logistics. And indeed people with temporary jobs involved.
      - xarope 3y ago
        Cirque du Soleil does this. They always setup their own venue on an open ground, but I think that's more for consistency of their layout and apparatus.
        amanaplanacanal 3y ago
        They used to do this. They started running at least some of their shows at existing large venues a while ago, sadly.
  - datascienced 3y ago
    With Tay’s wealth she could buy/build a stadium or two for sure! Maybe 10 smaller ones. But to build / buy thousands with a real estate value in the 100s of billions you would need something like a EFT.
- JumpCrisscross 3y ago
  > stadiums are multibillion dollar affairs that take years and lots of public financing That's a 70,000-seat stadium [1][2]. Arenas (5 to 20k) can be built for a few hundred million [3]. Unfortunately, that would mean either nosebleed ticket prices or rationing tickets to fans. The former would earn the fans' ire. The latter reduce the artist's revenue. [1] https://en.wikipedia.org/wiki/SoFi_Stadium https://en.wikipedia.org/wiki/SoFi_Stadium [2] https://uk.sagepub.com/sites/default/files/upm-binaries/51748_CH_17.pdf https://uk.sagepub.com/sites/default/files/upm-binaries/5174... [3] https://www.nytimes.com/2023/04/18/business/concert-halls-live-entertainment.html https://www.nytimes.com/2023/04/18/business/concert-halls-li...
  - gosub100 3y ago
    Then you'd get into lobbying, I'm sure. Ticketmaster: oh the tragedy, our shareholders..they might not get as much profit! housing! think of the homeless! if you build this arena, it will sit dormant 95% of the year, this space could be used to house homeless, so VOTE NO! on question 45 to protect $CITY's homeless!
  - brandall10 3y ago
    Just a FYI, "nosebleed" means the cheapest tickets - ie. the highest up/furthest away from the stage. It's a mountain climbing term related to suffering literal nosebleeds at high altitude.
BillSaysThis 3y ago
a) She could not and b) that leaves the exclusive contracts TM already has in place as the barrier.
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paxys 3y ago
Yeah why does Taylor Swift not simply build multi-billion dollar stadiums in the middle of hundreds of cities across the country? Is she stupid?
- ascorbic 3y ago
  They obviously don't need to be multi-billion dollar stadiums. They can be temporary structures or outdoor areas. 120k people watched Elton John on the main stage at Glastonbury last year, twice as many as attended most of the dates for the Eras tour. While not everywhere will have a space that's suitable for a 40-60k outdoor stage, a good number will.
  - arcticbull 3y ago
    Out of anyone, anywhere, Taylor Swift should be able to bring in a full stadium crowd even in the middle of absolutely nowhere.
015a 3y ago
The artists are not generally the ones who select who to sell tickets through; its the venues.
Reason077 3y ago
> "Taylor swift is big enough that she could build a venue in each location if she wanted, so that not an issue." ABBA actually built their own venue for their ongoing "ABBA Voyage" shows in London[1]. That's a residency, though. I'm not sure about the viability of doing it for a world tour! [1] https://en.wikipedia.org/wiki/ABBA_Voyage https://en.wikipedia.org/wiki/ABBA_Voyage
NickC25 3y ago
I think Pearl Jam did something very similar to that IIRC with regards to ticketing and re-selling. It was a hit with their fans, but the problem is that only so many acts have the ability to do so (and as you say - it's actually not in their best fiscal interest, so you're going to self-select even further). Ticketmaster willingly plays the bad guy role, and makes a fuck ton of money in the process. That said, the vertical integration it has with Live Nation should be considered a monopoly, and trust-busted as such.

by calgoo 3y ago

deleted 3y ago

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bobthepanda 3y ago

stadiums are multibillion dollar affairs that take years and lots of public financing. SoFi stadium was $5.5B. https://en.wikipedia.org/wiki/List_of_most_expensive_stadiums https://en.wikipedia.org/wiki/List_of_most_expensive_stadium...

tomjakubowski 3y ago
SoFi was entirely privately funded, as far as I know. Public funding for private stadiums is less popular than it used to be
TheGRS 3y ago
Just being devil's advocate since I also don't necessarily agree that TSwift could build a venue in every market, but there are plenty of large-scale events that use open fields and tents and aren't going to cost billions to setup.
- bombcar 3y ago
  That's how I took it, if she wanted to rent out a field and import equipment, she'd still sell out, and at whatever price she wanted to charge.
  - ysavir 3y ago
    Of course, then it also falls to her and her team to handle permits, hiring employees for the concert (and this would be a one time thing for those employees?), training, arranging materials, foods, and anything else, figure out parking and transportation, manage any necessary insurance, and whatever else is needed. A venue is more than having a place, it's having everything necessary to handle an immense volume of people gathering, acting, and dispersing from a single location in a safe and orderly fashion.
    - TheGRS 3y ago
      Again though, there are plenty of events that already do this and have people for handling logistics. And indeed people with temporary jobs involved.
    - xarope 3y ago
      Cirque du Soleil does this. They always setup their own venue on an open ground, but I think that's more for consistency of their layout and apparatus.
      - amanaplanacanal 3y ago
        They used to do this. They started running at least some of their shows at existing large venues a while ago, sadly.
- datascienced 3y ago
  With Tay’s wealth she could buy/build a stadium or two for sure! Maybe 10 smaller ones. But to build / buy thousands with a real estate value in the 100s of billions you would need something like a EFT.
JumpCrisscross 3y ago
> stadiums are multibillion dollar affairs that take years and lots of public financing That's a 70,000-seat stadium [1][2]. Arenas (5 to 20k) can be built for a few hundred million [3]. Unfortunately, that would mean either nosebleed ticket prices or rationing tickets to fans. The former would earn the fans' ire. The latter reduce the artist's revenue. [1] https://en.wikipedia.org/wiki/SoFi_Stadium https://en.wikipedia.org/wiki/SoFi_Stadium [2] https://uk.sagepub.com/sites/default/files/upm-binaries/51748_CH_17.pdf https://uk.sagepub.com/sites/default/files/upm-binaries/5174... [3] https://www.nytimes.com/2023/04/18/business/concert-halls-live-entertainment.html https://www.nytimes.com/2023/04/18/business/concert-halls-li...
- gosub100 3y ago
  Then you'd get into lobbying, I'm sure. Ticketmaster: oh the tragedy, our shareholders..they might not get as much profit! housing! think of the homeless! if you build this arena, it will sit dormant 95% of the year, this space could be used to house homeless, so VOTE NO! on question 45 to protect $CITY's homeless!
- brandall10 3y ago
  Just a FYI, "nosebleed" means the cheapest tickets - ie. the highest up/furthest away from the stage. It's a mountain climbing term related to suffering literal nosebleeds at high altitude.

BillSaysThis 3y ago

a) She could not and b) that leaves the exclusive contracts TM already has in place as the barrier.

deleted 3y ago

[deleted]

paxys 3y ago

Yeah why does Taylor Swift not simply build multi-billion dollar stadiums in the middle of hundreds of cities across the country? Is she stupid?

ascorbic 3y ago
They obviously don't need to be multi-billion dollar stadiums. They can be temporary structures or outdoor areas. 120k people watched Elton John on the main stage at Glastonbury last year, twice as many as attended most of the dates for the Eras tour. While not everywhere will have a space that's suitable for a 40-60k outdoor stage, a good number will.
- arcticbull 3y ago
  Out of anyone, anywhere, Taylor Swift should be able to bring in a full stadium crowd even in the middle of absolutely nowhere.

015a 3y ago

The artists are not generally the ones who select who to sell tickets through; its the venues.

Reason077 3y ago

> "Taylor swift is big enough that she could build a venue in each location if she wanted, so that not an issue." ABBA actually built their own venue for their ongoing "ABBA Voyage" shows in London[1]. That's a residency, though. I'm not sure about the viability of doing it for a world tour! [1] https://en.wikipedia.org/wiki/ABBA_Voyage https://en.wikipedia.org/wiki/ABBA_Voyage

NickC25 3y ago

I think Pearl Jam did something very similar to that IIRC with regards to ticketing and re-selling. It was a hit with their fans, but the problem is that only so many acts have the ability to do so (and as you say - it's actually not in their best fiscal interest, so you're going to self-select even further). Ticketmaster willingly plays the bad guy role, and makes a fuck ton of money in the process. That said, the vertical integration it has with Live Nation should be considered a monopoly, and trust-busted as such.