Tuesday, July 6, 2010

More evidence of deflation

Gig promoters warn of price hike

''Concert and festival promoters have warned that ticket prices could go up as songwriters consider requesting a greater share of live music takings.....With VAT also rising by 2.5%, Mr Benn, who runs Festival Republic, said the cost of an average festival ticket would go up by about £10.''

Posted by hpwatcher @ 08:17 AM (1024 views)
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6 thoughts on “More evidence of deflation

  • Ticket prices have gone up quite alot in the past few years anyway, I used to enjoy going to venues like Brixton and Shepard’s bush for abuot £15, most tickets are now about £35 and then add all the other charges that ticketmaster puts on makes it an expensive experience now. Dont get me going about Getmein, trading standards took up my complaint about a farce on ticket sales i reported. I can only see this is the only viable stream of money for artists and record companies to keep up with the lifestyle our millionaire elderly music artists..

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  • Shaunandelly says:

    Guess they’re just about to find out what the PEoD is.

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  • You can’t tell em.

    Deflation will follow rampant inflation. It’s some way off yet but keep dreaming and keep your eyes on currencies.

    $$$$$$$$$$$$$$$$ bye bye!

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  • Le Crunch is that the Loony dollar?

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  • Musicians are finding it harder to make money by CD sales due to rampant piracy on the Net so raising prices for live performances might make a lot of sense. If you regularly attend gigs, then I have to concede it’s a bit tough but the music world must make money somehow and piracy isn’t going away anytime soon.

    Personally, I find the rise in car servicing costs to have been one of the most noticeable costs of living that has risen in recent years.

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