Man...this thread seems like a mess.
First of all, for those who are willing to blow $130-$500 on U2 tickets, bravo! Market value...blah blah blah. The reality is that most non-U2 fanatics really don't wish to drop that much cash on these shows. TicketMaster did a royal fuck job on ticket sales, with GA's seemingly unavailable from the beginning. This, most certainly, has turned a lot of non-fanatics off. They don't want to spend $130 for fairly decent seats, particularly since probably a lot of these people might have travelled to see them the first time.
The other most obvious reality is that U2 will likely be hounded by ticket brokers for all the rest of their tours, which drives up the "market value" (blah, blah, blah), further turning people off. Sure, U2 made $45 GAs. Bravo again! But, apparently, unless you sell your soul or spend $300 dollars on them from the brokers, you don't get them.
And, as for the nosebleed seats, once again, only U2 fanatics will be happy with them. Fanatics seem to be happy with anything. $45, $85, $130, $1300--no difference it seems on this board. Put on that smile, and be eternally grateful, right? But, like it or not, this board is not a reflection of market realities. The market is considerably fucked up, with enough middlemen and monopolistic activities that it is unhealthy. Forget "market value." You don't even have a true competitive market to deal with! U2 could get away with this this time, mostly for novelty purposes, but I think the novelty has run thin finally.
I don't blame U2 as much as I blame the "market" they have to deal with, with obsessive critics that look favorably on sell-outs in small venues, rather than non-sell-outs in larger venues; a music industry that reads like an oligopoly (Vivendi Universal, anyone?); and a monopolistic ticket market that, with both the industry oligopoly and the ticket monopoly courting the ticket brokers, who gouge prices.
But smile, clap hands, be grateful! You're required to be.
Melon
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"He had lived through an age when men and women with energy and ruthlessness but without much ability or persistence excelled. And even though most of them had gone under, their ignorance had confused Roy, making him wonder whether the things he had striven to learn, and thought of as 'culture,' were irrelevant. Everything was supposed to be the same: commercials, Beethoven's late quartets, pop records, shopfronts, Freud, multi-coloured hair. Greatness, comparison, value, depth: gone, gone, gone. Anything could give some pleasure; he saw that. But not everything provided the sustenance of a deeper understanding." - Hanif Kureishi, Love in a Blue Time