Story in today's Denver Post about Red Rocks & this year's live music outlook:
Will ticket prices remain stubbornly high?
Yes. The continuing increase in prices springs from tangled roots, including artists' and promoters' understandable drive to
recoup 2020 and 2021 losses due to COVID shutdowns and decreased capacity.
Average ticket prices shot up 23.33%, from $106.07 to $130.81, last year, according to industry reports, and analysts expect at least that much in 2024, due in part to inflation.
Promoters have also said that as long as fans are willing to pay, prices won't come down. That's evident in a number of
already sold-out shows at Red Rocks Amphitheatre, Mission Ballroom and other marquee venues, with tickets for huge
concerts at some venues going for more than $100 in otherwise "cheap" sections.
For example, tickets for Madonna's Celebration tour, visiting Ball Arena on March 19, are running at $160 for new seats, and
up to $246 in verified resales in the nosebleed sections, according to Ticketmaster.
Ongoing scrutiny of ticket-selling practices by local and national legislators is, as ever, unlikely to make a difference in your
wallet. With service fees, "dynamic pricing" (sliding scale prices based on demand), and touring costs also alarmingly high,
there is, sadly, no relief in sight for big shows.