The demographics we target are struggling to justify the hundreds, if not thousands of dollars we charge for tickets and we can’t figure out why
The demographics we target are struggling to justify the hundreds, if not thousands of dollars we charge for tickets and we can’t figure out why
There is also the competition with vegas festivals that seem to be getting more and more popular, and have every single band/artist you want to see (when we were young, lovers and friends). There is plenty of cheap hotel options and inventory, and people like going to vegas anyway. Also, easy to get to on budget airlines
A friend of mines band played one of those Vegas fests (not the ones you mentioned). All the bands hated it.
I only know a bit about it, but when we were young basically can happen because livenation gave pretty significant advances to a lot of bands who were struggling in 2020-2021 in exchange for a guarantee that the band will play their festivals. As a band back then, a $50k or whatever advance was kinda impossible to turn down. So livenation essentially bought fealty from every emo band and can now host a festival with all of the bands people my age liked in high school.
It is one facet of the disgusting wholesale capture of live music by livenation/ticketmaster. Many venues are also now exclusively run by livenation for the same reason - livenation “rescued” them during the pandemic, but now are reaping massive benefits on what were pretty cheap investments, at a time where there was plenty of cash flowing around for the investors and the venue owners and local promoters were fucked.