Editorial: Brain Dead, And Made Of Money?
To the best of my knowledge Phish has never once engaged in a tiered ticketing pricing structure. For every Phish concert, the price of a ticket in the front row is the same as the price for one in the nosebleeds or lawn.
When the Dave Matthews Band plays the Superpages.com Center in Dallas, pavilion tickets will be $70 and lawn tickets $40. When The Dead cruise into the Greensboro Coliseum, tickets will be $89 and $49.50. When Metallica plays the TD Banknorth Garden, tickets will be $79.50 and $59.50.

Phish now has thirteen dates on the books, and the ticket price for all of them is $49.50. I’d love to know how this all went down. Was having a single ticket price a requirement set forth by the band before joining Red Light? (Side note: redlight.com is a porn site, redlightmanagement.com is the correct link, might as well spare you that inconvenience).
When tickets go on sale through Live Nation, Ticketmaster and Metrotix the weekend of January 30, I predict that seven out of their ten shows will sell out within the first hour. Perhaps they won’t immediately sell 80,000 tickets to their two shows at Alpine Valley. Maybe they can’t immediately sell 22,000 in Burgettstown, PA on a Thursday night. But most fans believe that Jones Beach (2 shows), Great Woods, Camden, Asheville, St. Louis and Noblesville will sell out the day tickets are available for purchase.
READ ON for more of DaveO’s editorial on Phish ticket prices…
It’s clear to me that Phish is leaving money on the table. Don’t get me wrong, this table will have a lot of money on it at the end of the month. Seven sold out shows and let’s say they sell 60% capacity of the Alpine shows and 75% of Burgettstown. That’s still 170,864 tickets at 49.50/each and you’ve got $8,457,768.00. If Phish raised the ticket prices by $20 (to $69.50) for the best 30% seats in the house, they would immediately net an additional 1. Million. Dollars!

A million dollars, and that’s just for ten shows. If they play 40 shows this year, that would be four million.
I think $49.50 is completely reasonable for a band that has already netted 1,183 shows through the past 25 years. Sure, ticket prices may have been as low as $27.50 in the Summer of 2000. With inflation, that would only be about $34 in 2008. Ticket prices have gone up a little…but look at a few more examples of bands playing arenas and amphitheaters: AC/DC: $89.50, Nickelback: $65/55/46.50, The Eagles: $185.50/125/75/45
I hope this streak of one-price ticketing continues – maybe it will and maybe it won’t. For now, I’m proud that my favorite band still has a manageable ticket price despite their ability to sell out arenas and amphitheaters nationwide. If these four guys can stay out of jail, I can once again hold my head high when questioned about the return of Phish at the next extended family get-together.
Friday, January 16, 2009 at 1:07 pm
Math, I’m mean who doesn’t love it?
Friday, January 16, 2009 at 1:15 pm
real heads can crunch numbers!! makes me feel warm and fuzzy! Dead Heads for Obama!!!!
Friday, January 16, 2009 at 1:24 pm
thanks Dave – as if I needed another reason to go see this band
Friday, January 16, 2009 at 1:25 pm
Here’s hoping my pre-order goes through so I don’t have to deal with Ticketbastard
Friday, January 16, 2009 at 1:26 pm
IF YOU DON’T LIKE THE PRICE OF THE DEAD CONCERTS DON’T GO!!!
$100 is Reasonable for a great Band
Friday, January 16, 2009 at 1:53 pm
Love the last line! Gave me a laugh.
Friday, January 16, 2009 at 1:56 pm
$100 is reasonable for a great band, too bad the dead aren’t a great band.
Friday, January 16, 2009 at 1:58 pm
the twenty doallr standard is gone.
sniffles….
you can still pay more for front row, if you want….
but I do love that all the tickets are the same price.
Friday, January 16, 2009 at 2:04 pm
it’s damn awesome that phish keeps their prices reasonable. Great call Dave
Friday, January 16, 2009 at 2:12 pm
As with some of the other folks who have left comments, I agree – if it’s worth $100 to you, it’s worth $100 to you. I paid $199+ for each night of the Gov’t Mule @ the Hammerstein shows for “VIP” access. And in my mind, it was absolutely worth it. As they (Gov’t Mule) generally have VERY low ticket prices for ‘regular’ shows, I had absolutely no qualms about paying extra for the NYE shows. Hell the hotel was more than $199/night.
I’d pay $100 to see the Dead, if they were playing closer to where I live. It’s the travel expenses that are stopping me (flight + hotel + food/taxi’s etc).
I think Phish will more than make up for (lower) ticket cost on merch sales. I wouldn’t be at all surprised if that was actually a factor when they set the ticket prices.
Friday, January 16, 2009 at 2:33 pm
Scalpers are all over Phish like wet on water.
Friday, January 16, 2009 at 2:35 pm
“We haven’t been around long enough for the nostalgia trip to set in. I can’t wait until it does cause maybe we will charge 100 bucks for a ticket. Nostalgia is where all the money is at.”
Tongue-in-cheek joke from Trevor of Tea Leaf Green
Friday, January 16, 2009 at 2:40 pm
“Nickelback: $65/55/46.50″ – is that Canadian dollars? I think even Nickelback is astounded that they’re still around. Their fans know that they’ve been releasing the same album for almost 10 years now, right?
Pingback: Phish — Bargain band? « Musical Stew Daily
Friday, January 16, 2009 at 6:54 pm
Perhaps this is part of Obama’s stimulus plan? If the band tours more at a reasonable rate then more people can follow said band and thus boost the local economies through travel, gas, hotels, food, etc….
Friday, January 16, 2009 at 9:05 pm
Here’s my wildly speculative and likely inaccurate hypothesis. Phish operate with a bottom-up system on ticket prices. They set what they believe to be a fair ticket price for their services and apply that one price to all seats at every stop of the tour. The Dead, I’m guessing, are more top-down. I’d be willing to bet when the core four got together with management to discuss a tour, they threw out some target net figures and then worked backward to see what tickets would have to be to make that. Just a guess (it’s probably a bit of both), but I sure know where the money I won’t be spending on Dead tour this spring will go in the summer…
Saturday, January 17, 2009 at 8:30 am
I don’t want to give Phish a hard time here but…I most certainly do NOT consider $49.50 a reasonably priced concert ticket. Frankly, I’m floored at the out-of-proportion increases in ticket prices over the past 20 years. This got me rooting around my old ticket stubs to find comparable shows and this is what I found:
Phish at Great Woods July 9 1994: $21.50 (face value)
that price adjusted for inflation (using some inflation calculation thing from the US Bureau of Labor): $30.82 (2008 price)
Phish at MSG 12.29.98: face value: $28.00
adjusted for inflation: $36.49 (2008 price)
I think those are eye-opening numbers right there.
I give Phish a lot of credit for keeping their ticket prices on the lower end of the spectrum throughout their career, but overall the prices of arena shows are ridiculous these days. Especially when I have consistently seen fantastic shows in bars and clubs for $5 – $15 for years now (which, frankly, are usually much better than most arena shows. But that’s another discussion…).
Saturday, January 17, 2009 at 12:30 pm
To what extent do venue owners (MSG, livenation, etc.) factor into the price of tickets?
Saturday, January 17, 2009 at 2:33 pm
I am happy tickets are sort of cheap, Phish could sell them for twice as much!
One message for all the kids, DO NOT USE TICKETS NOW!
Sunday, January 18, 2009 at 1:44 am
Hey, who whouldn’t pay $100 to see the world’s second greatest Grateful Dead cover band (DSO does it better)? Me and hopefully alot of other Heads. I can’t believe Phil let this happen or that Warren would be a part of it. Jerry needs to smack Bobby upside the head when they meet again. In the current economic situation, that I would hope the new politically charged Dead are aware of, it’s reprehinsible of them to do this to the workingman’s head!!
Sunday, January 18, 2009 at 4:17 pm
The one thing that you have to remember when considering the increase in ticket sales is that bands are not selling albums like they used to. It used to be that touring was in support of an album. Now touring has become a critical way for a band to make money.
For me, compared to 5-10 years ago, I spend nowhere near as much money on albums. I’d never spend $14.99 on an album, and I certainly don’t buy a few albums a week anymore. Most of that is because MP3s are so easily transferable…
All of this to say, $49.50 per show is totally reasonable. Especially when the demand for the shows means they could easily charge 50% more for most of those venues…
Pingback: Hidden Track » The B List: Eight Bands That Could Charge More For Tickets But Don’t