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What are the economics behind rising concert ticket prices?

What are the economics behind rising concert ticket prices?

Published 1 month, 2 weeks ago
Description

If you want to see Oasis at Slane next summer, you are looking at spending a serious amount of money for the ticket, with prices ranging from €181.25 to €501.25 for the much-anticipated Slane gigs, which go on sale next week.

Oasis are certainly not alone, concert ticket prices have been rising quite rapidly in recent times, with fans increasingly questioning why it costs so much to see the biggest names in music.

Joining Shane to look at the economics behind the price of a concert ticket is Economist & Presenter of Taking Stock, Susan Hayes Culleton.

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