Jack Antonoff responded to the head of Live Nation, Michael Rapino, who said on a recent earnings call that concert ticket prices were too cheap:
I always joke: Sports – it’s like a badge of honor to spend 70 grand for a Knicks courtside [seat]. They beat me up if we charge $800 for Beyonce, right? We have a lot of runway left. So when you read about the ticket prices going up, it’s still – average concert price is $72. Try going to a Laker game for that, and there’s 80 of them, or whatever the hell. So the concert is underpriced, has been for a long time.
answer is simple: selling a ticket for more than its face value should be illegal. then there is no chaos and you give us back the control instead of creating a bizarre free market of confusion amongst the audience who we love and care for.