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The Bob Lefsetz Podcast
John Scher
Dec 21, 2023
Concert promoter John Scher discusses the dominance of Live Nation, challenges faced by independent promoters, and the need to break up monopolies in the ticketing industry. They also talk about the rise and fall of Most Septy, encounters with John Scher, and the impact of high ticket prices on artists' development. Other topics include the sustainability of ticket prices, challenges of scalping, and booking shows for bands without agents.
01:56:11
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Quick takeaways
- High ticket prices for heritage acts may limit accessibility and hinder the growth of new artists in the concert industry.
- Ticket prices will likely need to decrease to ensure long-term sustainability in the concert business.
Deep dives
Ticket prices and affordability
Ticket prices for concerts, especially for heritage acts, have become extremely expensive. While there is a demand for these tickets at high prices, it may prevent middle-class individuals from attending multiple shows and exploring new artists.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode