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this post was submitted on 04 Aug 2023
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Lol what? This is straight up misinformation, who posted that, the concert promoters?!
In the old days, bands didn’t make shit from record sales, only from touring.
Now it’s more common for artists to have rights and resources to sell their own merch including albums, so they get much more from record sales on average.
Oftentimes, the expenses for putting on a modern show, complete with the massive crews needed to pull it off, ends up operating at a loss. I could see this being justification for an increase, but not one of this magnitude.
Whole thing reeks of corporatism and greed. So I guess that part hasn’t changed too much.