Why have concert ticket prices gone crazy? Here’s what’s behind the spiral
Spending a fair chunk on going to see your favourite big artist is not new – but it certainly feels like concert prices have entered a new stratosphere.
Fans of Bruce Springsteen have paid upwards of £120 for “rear pitch” standing tickets for his May 2024 tour, while some expressed disappointment recently over the £145 price tag of standing tickets for Billie Eilish’s 2025 UK leg.
And while you could have nabbed Beyonce or Taylor Swift tickets in the UK for £50 (before fees) if you took a “nosebleed” seat, these had limited availability and quickly sold out. General admission standing tickets for Swift’s Eras tour – which comes to the UK next week – started at £110.40 and those at the front had to shell out £172.25. It didn’t stop there – by the time many fans got to the front of the online ticket queue, the only tickets left cost upwards of £300.
So what’s behind rising ticket costs? The Money blog investigates some of the reasons…
Fans willing to pay for big spectacles
Simply put, ticket prices would come down if people voted with their feet.
Matt Hanner, booking agent and operations director at Runway, said prices at the top level had “risen considerably” – but the increase was partly being driven by demand.
“We’re seeing a lot more stadium shows, greenfield, outdoor festival-type shows which are now a staple of towns around the country,” he said.
“There’s a growing number of people that are happy to spend a large chunk of their disposable income on going to a major music event.”
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Jon Collins, chief executive of LIVE, the trade body representing the UK’s live music industry, had a similar view.
He said there were more large-scale shows and tours now than ever, and there was “massive appetite” among music lovers for “bigger spectacles”.
Fancy shows mean higher costs – with staffing, the price of the venue, transport, artists’ needs, insurance and loads more to factor in.
Of course, all these things are affected by inflation. Collins said ticket prices also factored in the rising costs that had hit every venue from the grassroots scene to major arenas.
“You’ve got a couple of different factors – you’ve got the spectacle of the show and the production cost and everything that goes into the ticket price. But then you’ve also got the fundamentals,” he said.
The cost of venue hire has increased “significantly” in the past couple of years due to electricity and gas price rises, he added.
“You’ve got the increase in the cost of people… very justifiable costs like increases in minimum wage and living wage. At every stage of the process we’ve got these cost increases that will all push through the pressure on the ticket price.”
Beyonce performing in Cardiff. Pic: Cover Images via AP
Are artists being greedy?
How much money artists really earn off live touring is of interest to many – but the music industry is generally reluctant to release details.
The people we spoke to suggested it was not as simple as artist greed because, as we mentioned earlier, there’s a lot to pay for before anything reaches their bank accounts.
The Guardian spoke to anonymous insiders about this topic in 2017. Its report suggested that between 50-70% of gross earnings were left for promoters and artists. The piece also cited a commonly quoted figure that the promoter takes 15% of what is left and the act will get 85%.
It all depends on the calibre of the artist and how much work the promoter has had to put in – they could end up with a bigger share if it was a hard push to get the show sold.
The people we spoke to said music acts and their teams would discuss the ticket price, and the bigger the act, the more sway they have – but it’s ultimately set by the promoter.
Taylor Swift – arguably the biggest popstar on the planet right now – is personally earning between $10m and $13m (£8m – £10.5m) on every stop of her Eras Tour, according to Forbes. She is reported to take home a whopping 85% of all revenue from the tour.
But it’s worth pointing out, too, that she’s been known to be generous with her cash, having given $100,000 bonuses to the dozens of lorry drivers working on the tour.
What have other artists said?
Some artists have been critical of the high ticket prices being demanded by others.
Tom Grennan told ITV two years ago that he had seen “loads of artists putting tickets out that are way too expensive for the times that we are in”, adding that he wanted people to enjoy shows without worrying if they could pay their bills.
Singer-songwriter Paul Heaton was also praised for capping ticket prices for his tour with Jacqui Heaton at £30 in a bid to tackle music industry “greed” and help people during the cost of living.
British star Yungblud recently announced his own music festival, Bludfest – saying the industry was too expensive and needed to be “shaken up”.
“I believe that gigs are too expensive, festivals are too expensive, and I just wanted to work to create something that has been completely done by me,” he told Sky News.
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Meanwhile, frequent Swift collaborator Jack Antonoff has said “dynamic pricing” by ticket sale sites such as Ticketmaster was also an issue when it came to cost.
He told Stereogum that he wanted artists to be able to opt out of the system – which basically means ticket prices increase when a show is in demand – and be able to sell them at the price they choose.
On its website, Ticketmaster describes its “Platinum” tickets as those that have their price adjusted according to supply and demand.
It says the goal of the dynamic pricing system is to “give fans fair and safe access to the tickets, while enabling artists and other people involved in staging live events to price tickets closer to their true market value”.
The company claims it is artists, their teams and promoters who set pricing and choose whether dynamic pricing is used for their shows.
Coldplay’s 2022 tour. Pic: PA
Ticketing website fees
As well as dynamic pricing, “sneaky” fees by online ticket sites are also causing issues for live music lovers, according to the consumer champion Which?.
A report from the group last month said an array of fees that isn’t seen until checkout can add around 20% to the cost of concert and festival tickets.
Which? has urged a crackdown on the “bewildering” extra charges, which include booking, “delivery” and “transaction” fees, venue charges and sometimes charges for e-tickets.
The Cure lead singer Robert Smith tweeted that he was “sickened” after fans complained last year about processing fees on Ticketmaster that wound up costing more than the ticket itself in some cases.
Responding to the Which? findings, Ticketmaster (which was far from the only company named) said: “Fees are typically set by and shared with our clients… who all invest their skill, resource and capital into getting an event off the ground. Ticketmaster supports legislation that requires all-in pricing across the industry.”
Live Nation and Ticketmaster sued over ‘dominance’
The US government is suing Ticketmaster owner Live Nation over allegations the company is “monopolising” the live events industry.
Justice department officials said it was unfair for the firm to control around 70% of primary ticketing for concerts in America.
Live Nation has been accused of using lengthy contracts to prevent venues from choosing rival ticket companies, blocking venues from using multiple ticket sellers and threatening venues that they could lose money and support if Ticketmaster wasn’t the chosen seller.
Live Nation said the lawsuit reflected a White House that had turned over competition enforcement “to a populist urge that simply rejects how antitrust law works”.
“Some call this ‘anti-monopoly’, but in reality it is just anti-business,” it said.
And it said its share of the market had been shrinking and its profit margin of 1.4% was the “opposite of monopoly power”.
The lawsuit “won’t solve the issues fans care about relating to ticket prices, service fees and access to in-demand shows”, the company said.
“We will defend against these baseless allegations, use this opportunity to shed light on the industry and continue to push for reforms that truly protect consumers and artists.”
Billie Eilish performs in Paris. Pic: Reuters
As well as reportedly controlling most of the ticketing market, Live Nation also owns and represents some acts and venues.
Canadian artist Dan Mangan told Moneywise this was enabling the company to take “more and more of the pie”.
He said when venue rent, equipment and other costs were taken into account, lesser known artists could take as little as 20% of ticket sales.
VAT
Another major cost on tickets in the UK is VAT (value added tax).
At 20%, it’s pretty hefty. It was brought down to 5% and then 12.5% as the live music industry was hampered by COVID, but returned to the pre-pandemic level in April 2022.
The charge puts the UK “out of step” with other countries, Collins said.
“In competitive major markets like France, it’s 5%. Germany it’s 7%, Italy it’s 10%. Sales tax in the US is typically 6% or 7%. So we are significantly out of step with other markets when it comes to how much VAT we charge on tickets,” he said.
Touring now bigger source of income for major stars
With the decline of physical products and the rise of subscription listening, artists are earning less from making music – and income from live shows has become more important for the biggest stars.
Writer and broadcaster Paul Stokes said major stars who would have toured infrequently in the past were now willing to put on more shows as it becomes increasingly profitable.
Some artists will even pencil in multiple nights at huge venues like Wembley Arena, he said – something that wouldn’t have been considered two decades ago.
“When Wembley was built and they said ‘we’ll be doing regular shows’ you’d think ‘are there acts big enough to fill this massive stadium?’
“It’s become absolutely part of the live calendar that artists will come and play not just one night at Wembley, but two or three every every summer.”
Stokes said this demand has also prompted the scale of shows that we’ve become used to seeing, featuring expensive production and pyrotechnics.
Pic: iStock
Not being felt evenly
While a night out seeing a platinum-selling artist is likely to be an expensive affair, industry figures are also keen to point out that the escalation in ticket prices isn’t necessarily happening at a lower level.
Collins said that while major stars were putting on arena shows, there would be plenty of other live music taking place at the same time, “from the free pub gig to the £10 ticket at the grassroots venue, to the £30 mid-cap”.
“There’s an absolute range of opportunities for people to experience live music, from free through to experiencing the biggest stars on the planet,” he said.
But concertgoers choosing to save their cash for artists they’re more familiar with may have led to a “suppression” of prices for lesser-known acts, Hanner noted.
“Everyone’s short of disposable income because there’s a cost of living crisis. [Artists’ and promoters’] core costs are going up as well, so it’s more expensive for everyone. That fear of pricing people out is just being compounded,” he said.
“I think [that] has definitely led to prices being suppressed [at the lower level], when really they should have been going up.”
In October 2016, Kim Kardashian was robbed at gunpoint – with jewellery worth millions of dollars stolen during the audacious heist in Paris.
It was the biggest robbery of an individual in France for more than 20 years – and made front pages around the world.
Now, almost a decade on, the case is finally coming to court.
Why has it taken so long? Will Kardashian give evidence? And who exactly are the “grandpa robbers” facing trial?
Here’s everything you need to know.
Kardashian at the Siran Presentation on the day of the robbery. Pic: Rex Features
What happened?
Two years after Kardashian and rapper Kanye West tied the knot in an ostentatious week-long celebration spanning Paris and Florence, the Kardashian-West clan were back in the French capital for Paris Fashion Week.
Her then husband had returned to the US to pick up his Saint Pablo tour – but Kardashian, along with her sister Kourtney and various members of their entourage, remained in Paris, staying in an exclusive set of apartments so discreet they’ve been dubbed the No Address Hotel.
Nestled on Tronchet Street, just a stone’s throw from Place de l’Opéra, and close to the fashionable Avenue Montaigne, the Hotel de Pourtalès is popular with A-list stars staying in the French capital.
A stay in the Sky Penthouse, the suite occupied by Kardashian, will currently set you back about £13,000 a night.
Kardashian was staying at the Hotel de Pourtales
On the evening of 3 October, after attending a fashion show with her sister, Kardashian remained in the apartment alone while the rest of her convoy – including her bodyguard Pascal Duvier – went out for the night.
At about 2.30am, three armed men wearing ski masks and dressed as police forced their way into the apartment block – and according to investigators, they threatened the concierge at gunpoint.
Two of them are alleged to have forced the concierge to lead them to Kardashian’s suite. He later told police they yelled at him: “Where’s the rapper’s wife?”
Kardashian said she had been “dozing” on her bed when the men then entered her room.
She has said she believes her social media posts provided the alleged robbers with “a window of opportunity”.
“I was Snapchatting that I was home, and that everyone was going out,” she said in the months after the incident.
The Keeping Up With The Kardashians star vividly described the attack in a police report, as reported in the French weekly paper Le Journal du Dimanche.
“They grabbed me and took me into the hallway. They tied me up with plastic cables and taped my hands, then they put tape over my mouth and my legs.”
She said they pointed a gun at her, asking specifically for her ring and also for money.
Police guard the entrance to the Hotel de Pourtalès the day after the robbery
Kardashian says they carried her into the bathroom and put her in the bathtub. She said she was wearing only a bathrobe at the time.
She had initially thought the robbers “were terrorists who had come to kidnap me”, according to a French police report taken in New York three months after the robbery.
Kardashian told officers: “I thought I was going to die.”
According to police, the robbers – who left the room after grabbing their haul, escaped on bicycles with items estimated to be worth about $10m (£7.5m), including a $4m (£3m) 18.88-carat diamond engagement ring from West.
After they had left, Kardashian said she escaped her restraints and went to find help. After speaking to detectives, she immediately returned to the US on a private jet and later hired a completely new security team.
Kardashian shows off her $4m ring on Instagram
What was stolen?
As well as her engagement ring, Kardashian said the thieves took her large Louis Vuitton jewellery box, which she said contained “everything I owned”.
In police reports given to the French authorities at about 4.30am on the night of the alleged robbery, Kardashian listed these items as having been stolen:
• Two diamond Cartier bracelets
• A gold and diamond Jacob necklace
• Diamond earrings by Lauren Schwartz
• Yanina earrings
• Three gold Jacob necklaces
• Little bracelets, jewels and rings
• A Lauren Schwartz diamond necklace
• A necklace with six little diamonds
• A necklace with Saint spelt out in diamonds
• A cross-shaped diamond-encrusted Jacob cross
• A yellow gold Rolex watch
• Two yellow gold rings
• An iPhone 6 and a BlackBerry
Police recovered only the diamond-encrusted cross that was dropped by the robbers while leaving.
It’s likely the gold in the haul was melted down and resold, while the diamond engagement ring that is now so associated with the robbery would be far too recognisable to sell on the open market.
Kardashian at the Siran Presentation on the day of the robbery. Pic: Rex Features
What will happen in court?
The hearing will begin at the Court of Appeal of Paris – the largest appeals court in France – on 28 April and is scheduled to last a month.
It will consist of a presiding judge, two professional assessors, and six main jurors.
The hearing involves more than 2,000 documents and there are four civil parties.
Kardashian at the Balenciaga show on the day of the robbery. Pic: Rex Features
Who is being tried?
There were initially 12 defendants in the case, but one person has died and another has a medical condition that prevents their involvement. This means 10 people – nine men and one woman – are standing trial.
Five of them, who were all aged between 60 and 72 at the time of the incident, face armed robbery and kidnapping charges. They are:
• Yunice Abbas
• Aomar Ait Khedache
• Harminv Ait Khedache
• Didier Dubreucq
• Marc-Alexandre Boyer
Abbas, 72, has admitted his participation in the robbery. In 2021, he published a book about the robbery, titled I Kidnapped Kim Kardashian. In 2021, a court ruled he would not benefit financially from the book.
Aomar Ait Khedache, 69, known to French crime reporters as “Old Omar”, has also admitted participating in the heist but denies the prosecution’s accusation that he was the ringleader.
The remaining five defendants are charged with complicity in the heist or the unauthorised possession of a weapon. They are:
• Florus Heroui
• Gary Mader
• Christiane Glotin
• François Delaporte
• Marc Boyer
Among those, Mader was a VIP greeter who worked for the car company Kardashian used in Paris, and Heroui was a bar manager who allegedly passed on information about Kardashian’s movements.
With many of the accused now ageing and with various serious health conditions, and some having spent time in jail following their arrest, all are currently free under judicial supervision.
If found guilty, those accused of the more serious crimes could face 10 years to life imprisonment.
Kardashian at the Off-White show three days before the robbery. Pic: Rex Features
Will Kardashian give evidence?
Yes.
Lawyer Michael Rhodes said Kardashian has “tremendous appreciation and admiration for the French judicial system” and “wishes for the trial to proceed in an orderly fashion in accordance with French law and with respect for all parties to the case”.
A trainee lawyer herself, Kardashian has become a high-profile criminal justice advocate in the US in recent years.
(R-L) Kanye West, Kim Kardashian, Kourtney Kardashian, Kris Jenner in the front row three days before the robbery. Pic: Rex Features
Why has it taken so long to come to court?
There was initially a manhunt after the robbery, with French police under pressure to prove that Paris’s security was not in question.
Just the year before in 2015, the capital had been shaken by terrorist attacks by Islamic militants, in which 130 people were killed, including 90 at a music event at the Bataclan theatre.
French police initially arrested 17 people in the Kardashian case in January 2017 – three months after the robbery – assisted by DNA traces found on plastic bands used to tie her wrists. Twelve people were later charged.
It was ordered to be sent to trial in 2021 – at a time when limited court proceedings were happening due to multiple COVID lockdowns, and France was holding its largest ever criminal trial over the November 2015 terror attacks.
Kardashian at the Givenchy show on the day of the robbery. Pic: Rex Features
What has Kardashian said about the incident?
Kardashian has described the robbery as a “life-changing” moment. She took three weeks away from filming her reality TV show Keeping Up With the Kardashians, and took a three-month break from social media.
In a March 2017 episode titled Paris, Kardashian first spoke publicly about her ordeal.
She described first hearing a noise in her apartment, and calling out, thinking it was her sister and assistant: “At that moment when there wasn’t an answer, my heart started to get really tense. Like, you know, your stomach just kind of like, knots up and you’re like, ‘OK, what’s going on?’ I knew something wasn’t quite right.”
She went on: “They asked for money. I said, ‘I don’t have any money’. They dragged me out to the hallway on top of the stairs. That’s when I saw the gun, clear as day. I was looking at the gun, looking down back at the stairs. I was like, I have a split second in my mind to make this quick decision.
“Either they’re going to shoot me in the back or if I make it [down the stairs] and the elevator does not open in time or the stairs are locked, there’s no way out.”
Three months later, she told a Forbes Power Women’s Summit she had changed her approach to posting on social media: “They had followed my moves on social media, and they knew my every move and what I had.”
She added: “It was definitely a huge, huge, huge lesson for me to not show off some of the things that I have. It was a huge lesson to me to not show off where I go.
“It’s just changed my whole life, but I think for the better.”
West and Kardashian at the Off-White show three days before the robbery. Pic: Rex Features
In October 2020, Kardashian told US interviewer David Letterman she feared she would be raped and murdered during the heist, and that her sister had been at the forefront of her mind during the incident.
Speaking on My Next Guest Needs No Introduction, Kardashian said: “I kept on thinking about Kourtney, I kept on thinking she’s going to come home and I’m going to be dead in the room and she’s going to be traumatised for the rest of her life if she sees me… I thought that was my fate.”
When speaking to French police about the impact the robbery had had on her three months after it, Kardashian said: “I think that my perception of jewellery now is that I am not as attached to it as I used to be. I don’t have the same feeling about it. In fact, I even think that it has become a bit of a burden to have the responsibility of such expensive jewels.
“There is nothing of sentimental value to compare with the act of going home and finding one’s children and one’s family.”
She went on to describe Paris as “not the right place” for her, and didn’t return to the French capital for two years following the robbery.
Kardashian has since said in a 2023 episode of Keeping Up With The Kardashians that she did not purchase any jewellery in the seven years following the robbery, kept no jewellery at her home and only wore items that are either borrowed or fake.
She said the realisation that material items don’t matter has made her “a completely different person in the best way”.
Entertainment
The Magic Circle’s first female member fooled them into believing she was a man – how did she do it?
How did one woman fool the most famous magic society on the planet?
Back in 1991, Sophie Lloyd pulled off the ultimate illusion, tricking the Magic Circle into thinking she was a man.
But over 30 years after being unceremoniously kicked out, the Circle has tracked down the former actress to apologise and reinstate her membership.
She told Sky News how returning feels like the society has “made good on something that was wrong”.
Sophie Lloyd, who tricked the Magic Circle into believing she was a man
How did she infiltrate that exclusive group that nowadays counts the likes of David Copperfield and Dynamo as members?
In March of that year, she took her entry exam posing as a teenage boy, creating an alter-ego called Raymond Lloyd.
“I’d played a boy before,” she explained, but “it took months of preparation” to secretly infiltrate the Circle’s ranks half a year before it would officially vote to let women in.
“Really, going back 30 years, men’s clubs were like, you know, just something you accepted.”
The men-only rule had been in place since the Circle was formed in 1905. The thinking behind it being that women just couldn’t keep secrets.
Aware of the frustration of female magicians at the time, Lloyd felt she was up for the challenge of proving women could be as good at magic as the men.
The idea was, in fact, born out of a double act, thought up by a successful magician called Jenny Winstanley who’d wanted to join herself but wasn’t allowed.
She recognised the hoax would probably only work with a much younger woman posing as a teenage boy, and met Lloyd through an acting class.
Sophie Lloyd as teenage magician Raymond Lloyd. Pic: Sophie Lloyd
Lloyd said: “We had to have a wig made… the main thing was my face, I had plumpers made on a brace to bring his jawline down.”
To hide her feminine hands, she did the magic in gloves, which she says “was so hard to do, especially sleight of hand.”
The biggest test came when she was invited for a drink with her examiner, where she had to fake having laryngitis.
“After the exam, which was 20 minutes, he invited Jenny and I – she played my manager – and I sat there for one hour and three quarters and had to say ‘sorry, I’ve got a bad voice’.”
Raymond Lloyd passed the test, and his membership certificate was sent through to Sophie.
Then, in October of the same year, when whispers started circulating that the society was going to open its membership to both sexes, she and Jenny decided to reveal all. It didn’t go down well.
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Rather than praise her performance, members were incandescent about the deception and, somewhat ironically, Raymond Lloyd was kicked out just before women members were let in.
Lloyd said: “We got a letter… Jenny was hurt… she was snubbed by people she actually knew, that was hurtful. However, things have really changed now…”
Three decades later the Magic Circle put out a nationwide appeal stating they wanted to apologise and Lloyd was recently tracked down in Spain.
While Jenny Winstanley died 20 years ago in a car crash, as well as Sophie receiving her certificate on Thursday, her mentor’s contribution to magic is being recognised at the special show that’s being held in both their honour at the Magic Circle.
Lloyd says: “Jenny was a wonderful, passionate person. She would have loved to be here. It’s for her really.”
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