Axver said:
That's what I was thinking. I'd love to see the ZooTV and Popmart ticket prices adjusted to be in today's dollars. I imagine the $25 or $60 won't look so special then.
the "inflation" argument is so ridiculous i cant believe people try to make it.
i went to an inflation calculator (
http://www.westegg.com/inflation ) and found this:
What cost $30 in 1992 would cost $40.63 in 2005.
What cost $60 in 1998 would cost $69.53 in 2005.
so yes, even with inflation, $40.63 or $69.53 still looks pretty special
and yes, i understand there has been much greater inflation in the concert industry as a whole. but does that mean U2 has to go along with that trend? i think that is where we see the difference in attitude in that quote from Larry of ZooTv and today.
i read an article about u2 ticket prices during the elevation tour where Paul McGuinness talked about needing to charge a certain price to have a certain "status." they were looking at what bruce springsteen, madonna, and other big names were charging, and felt they needed to charge similiar prices so they could be in the same premium concert type status as these other artists.
so for U2 to inflate prices so much over the standard inflation rate is for 2 reasons.
1. To make more money
2. To have an elite band status
now i really dont have a problem with either of those, it is smart of them to charge as much as the market allows. but, you have to admit, it is a different attitude than the one we saw in Larry's 1992 quote.