Sharon Osbourne talked about ticket prices for live shows, saying”:
“You have to take into consideration how long will this artist be around or if they are going to tour again,”
“How many dates are they going to do in America? All of that comes into the ticket price. Also, you have to know your audience, and if you don’t know your audience, then you are in trouble. I don’t agree with what Madonna goes out for. I think that her tickets are too high. I think her ticket price is way too high.”
When the interviewer said:
“He can think of a lot of reasons why a concert ticket shouldn’t be $800. Tickets prices are now often out of the range of a segment of the population. If a $150 ticket sells on the resale market for 3 times its face value, what’s the correct pricing for that ticket? But $800 as a standard for a major artist’s show ticket, that strikes me as wrong.”
“Yes. Very few people would pay that amount of money. The thing is that you have to know who your audience is. And if you have a band like The Rolling Stones, there are all of these wealthy idiots who go to The Hamptons in the summer who will pay that.”
Or ‘Bruce Springsteen on Broadway,’ which made $106.8 million over 58 weeks with box office tickets ranging from $100 to $850, and averaging around $500; and then achieving the highest average ticket price ever recorded for a Broadway show on the secondary market with the average ticket reselling for about $1,789.
“I don’t know how people find the money to do all of that sh*t. I don’t know.”