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Music artists are canceling shows because they cannot sell tickets

@netmanetwork

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7.0K

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Why it worked

The video uses a relatable economic indicator (concert ticket sales) to discuss broader economic concerns, making it relevant and engaging for a wide audience. The use of on-screen text and a clear, direct speaking style enhances its accessibility.

Summary

The video argues that music artists canceling shows due to low ticket sales is a strong indicator of a recession. It highlights rising costs for consumers, such as gas and groceries, making concert tickets unaffordable, and points to Ticketmaster's monopoly as a factor increasing prices.

Structure

1Introduction: Artists canceling shows due to low ticket sales.
2Recession indicator: Highlighting rising costs and job losses.
3Ticketmaster's monopoly: Discussing its role in high ticket prices.
4Consumer affordability: Explaining why people can't afford concerts.
5Conclusion: "Blue Dot Fever" as a recession indicator.

Product placement

The video mentions Ticketmaster as a monopoly that controls ticket purchasing and fees, making concerts more expensive.

Call to action

Let me know what you think. And if you like these sorts of discussions and follow for more.

On-screen text

Music artists are canceling shows because they cannot sell tickets IF THIS ISN'T IF THIS ISN'T A RECESSION INDICATOR, THEN I DON'T KNOW WHAT IS. BECAUSE YOUR FAVOURITE BECAUSE YOUR FAVOURITE ARTIST ISN'T CANCELLING BECAUSE THEY'RE PRIORITISING OR OR THEY'RE TRYING TO MAKE THE NEXT THEY'RE DOING IT BECAUSE THEY CAN'T SELL TICKETS. AND IT'S NOT JUST IT'S NOT JUST ONE IT'S NOT JUST ONE ARTIST, IT'S NOT JUST ONE GENRE. THIS IS ACROSS THE BOARD. The average ticket price for a top 100 tour $120 $110 $100 $90 $80 $70 $60 2010 2012 2014 2016 2018 2020 2022 2024 Data is for the top 100 biggest tours worldwide. Chart: Natasha Bracken/Semafor Source: Pollstar, Bloomberg THIS IS ACROSS THE BOARD. PEOPLE DON'T FOR CONCERTS LIKE ESPECIALLY NOT AFTER FOUR AND FIVE DOLLARS PER GALLON FOR GAS. YOU'VE GOT MORE EXPENSIVE AND PEOPLE ARE LOSING JOBS LEFT AND RIGHT. SO, NO, YOUR AVERAGE CONCERT GOER ISN'T LIKE, $120 TO GO SEE A CONCERT. SO BLUE DOT FEVER IS REALLY JUST A RECESSION I WENT TO A CONCERT A COUPLE OF WEEKS AGO AND PARKING. AND PARKING. PARKING WAS $40. BY THE WAY, WHO CONTROLS HOW YOU BUY YOUR TICKETS AND THE FEES THAT GO INTO IT, THEY WERE FOUND TO BE A MONOPOLY. THAT'S MAKING IT EVEN MORE EXPENSIVE BUY SO IF AN ARTIST KNEW THAT THEY A MILLION FOR PERFORMING IN BOISE, IDAHO, THEY'RE GONNA BE THERE. IT'S THEY CAN'T GET THEIR FANS TO SHOW UP BECAUSE THEY DON'T HAVE THE MONEY TO GO. RECESSION INDICATOR. BUT DO YOU THINK THERE'S ANOTHER REASON IS THIS BLUE DOT FEVER? AND IF YOUR FAVOURITE ARTIST COMES TO TOWN, HOW MUCH ARE YOU WILLING TO GO SEE THEM. LET ME KNOW WHAT YOU THINK. AND IF YOU LIKE THESE SORTS OF DISCUSSIONS, AND FOLLOW FOR MORE.