J Batt interviewing for USC(e) AD job

[Root4GT]

That wasn't my point. The reason athletes weren't "allowed" to get what the market would bear is because what you get is what we have now, which is a runaway train. This is the reason you willingly pay $400 for a 4-day pass to a music festival. I paid $28 to see the Rolling Stones at Tech and $31 for the first Lollapalooza. Everything is more expensive now because the "entertainers" want huge $$ and the owners and venue owners are just passing the cost along to the consumer.

That is how market forces work. If people were not willing to pay the $$ then the price point would drop to where people were willing to pay! There is a demand which is what allows the high prices.

 

[forensicbuzz]

That is how market forces work. If people were not willing to pay the $$ then the price point would drop to where people were willing to pay! There is a demand which is what allows the high prices.

Right. This is because what is acceptable pricing has changed. I blame Dave Winfield and Catfish Hunter.

 

[stinger78]

Right. This is because what is acceptable pricing has changed. I blame Dave Winfield and Catfish Hunter.

Reggie Jackson and Vida Blue.

 

[BleedGoldNWhite21]

This started happening way before streaming services came about. There has been a huge increase in entertainment costs. If you don't think NIL and college football is about the entertainment industry, then we can't have an intelligent conversation about this. Athletes are no longer just athletes, they're entertainers.

Every time a song is played on the radio (streaming is just an extension of this), the artist gets a royalty. That, and concerts, has always been the main source of income for recording artists. That's the reason music-sharing sites, such as Napster, were shut down. They were bypassing the royalties earned by the artists.

Yes, I know. If only you knew how little streaming royalties are. I work in the business. Someone like Taylor Swift or George Clooney’s earnings inflate everyone. I just worked on a major Disney production. The payroll for key people was laughably bad. There is a reason you see A list stars on commercials and TV now. Back in the 1990s Tom Cruise would have been above being a car commercial. Today’s equivalent is selling face cream. It’s the same reason why every streaming service all of a sudden has an ads version. Streaming doesn’t make anyone money. Again, it’s simply Pandora’s box. It’s been opened and they can’t go back, nor can they figure out how to profit on it. You’re simply incorrect on this. This has close to zero correlation with NIL.

 

[forensicbuzz]

Yes, I know. If only you knew how little streaming royalties are. I work in the business. Someone like Taylor Swift or George Clooney’s earnings inflate everyone. I just worked on a major Disney production. The payroll for key people was laughably bad. There is a reason you see A list stars on commercials and TV now. Back in the 1990s Tom Cruise would have been above being a car commercial. Today’s equivalent is selling face cream. It’s the same reason why every streaming service all of a sudden has an ads version. Streaming doesn’t make anyone money. Again, it’s simply Pandora’s box. It’s been opened and they can’t go back, nor can they figure out how to profit on it. You’re simply incorrect on this. This has close to zero correlation with NIL.

NIL is DIRECTLY related to the entertainment industry. If you can't see that connection, we've got nothing to talk about. I agree about Pandora's Box with everything I've mentioned.

 

[Root4GT]

Right. This is because what is acceptable pricing has changed. I blame Dave Winfield and Catfish Hunter.

Blame the Rich Owners who paid then, not the players!

 

[jgtengineer]

That wasn't my point. The reason athletes weren't "allowed" to get what the market would bear is because what you get is what we have now, which is a runaway train. This is the reason you willingly pay $400 for a 4-day pass to a music festival. I paid $28 to see the Rolling Stones at Tech and $31 for the first Lollapalooza. Everything is more expensive now because the "entertainers" want huge $$ and the owners and venue owners are just passing the cost along to the consumer.

You don't make money off album sales anymore the paradigm has changed. It use to work like this. Label fronts a certain amount of money to make an album to the artist (the fabled recording contract) Then they sell the album and after the label recoups the cost royalties flow into the artist on album sales/airplay/licensing. Tours were to promote the physical album/merch sales and usually fronted by the labels as well sometimes even at a loss on the tour budget but people buy things when they experience them so album sales go way up during the tours at elevated tour edition prices (plus merch margin). Bands who could pack arena's make a lot of money on cheap tickets from volume.

With streaming taking over how people consume music the primary revenue stream for labels is gone, which means now bands get what is called a "Touring" Contract. They mostly have to self fund or self make albums. which then get distributed either by themselves or a label. The rising cost of concert tickets is because that now has to be the way they can profit. Bands are touring for shorter more targeting tours which means higher demand to see them. As its become about maximizing revenue. The band pays the venue to rent it not the other way around now.

 

[forensicbuzz]

You don't make money off album sales anymore the paradigm has changed. It use to work like this. Label fronts a certain amount of money to make an album to the artist (the fabled recording contract) Then they sell the album and after the label recoups the cost royalties flow into the artist on album sales/airplay/licensing. Tours were to promote the physical album/merch sales and usually fronted by the labels as well sometimes even at a loss on the tour budget but people buy things when they experience them so album sales go way up during the tours at elevated tour edition prices (plus merch margin). Bands who could pack arena's make a lot of money on cheap tickets from volume.

With streaming taking over how people consume music the primary revenue stream for labels is gone, which means now bands get what is called a "Touring" Contract. They mostly have to self fund or self make albums. which then get distributed either by themselves or a label. The rising cost of concert tickets is because that now has to be the way they can profit. Bands are touring for shorter more targeting tours which means higher demand to see them. As its become about maximizing revenue. The band pays the venue to rent it not the other way around now.

I understand all of this. The beginning of the escalation of cost came way before streaming services were even a thing. That was my point. (the rest is just using this response as a platform, not necessarily going after you @jgtengineer)

GT people are so quick to jump in and try to correct what someone else is saying that they absolutely miss the point of what was being said. The music industry was one example of the evolution of the entertainment industry, as a whole, to finding a new way to pass the costs along to the consumer. The consumer has been brainwashed into thinking these higher prices are just a part of the natural evolution, when it's not.

 

[forensicbuzz]

Blame the Rich Owners who paid then, not the players!

I blame them all. People are greedy. It's the golden rule.

 

[Root4GT]

I understand all of this. The beginning of the escalation of cost came way before streaming services were even a thing. That was my point. (the rest is just using this response as a platform, not necessarily going after you @jgtengineer)

GT people are so quick to jump in and try to correct what someone else is saying that they absolutely miss the point of what was being said. The music industry was one example of the evolution of the entertainment industry, as a whole, to finding a new way to pass the costs along to the consumer. The consumer has been brainwashed into thinking these higher prices are just a part of the natural evolution, when it's not.

If the consumer wasn’t willing to pay the asking price then the price would come down. People only have themselves to blame. Artists, performers, athletes are paid at market rates based on their skill or popularity.

Individuals determine what is “value” for themselves.

Some might pay $300 for a GT football game and others would not go for free. People fly overseas for a Taylor Swift concert. You and I wouldn’t likely go for free. It’s personal value and decisions on how to spend money.

 

[roadkill]

So is J. Batt still interviewing for the USC(e) job?

 

[stinger78]

So is J. Batt still interviewing for the USC(e) job?

 

[Buzztheirazz]

Wow. What a waste of time these last couple pages have been.

 

[awbuzz]

Yes, even though OSCAR registration came online in 1986ish, they found great joy in making old style card registration in okeefe as part of FASET for several years.
Because my brother was there, we pre schemed my cards. Good times.

Flashbacks

 

[GTLorenzo]

I blame the increase in ticket prices for concerts and sporting events on the greedy corporations who are doing nothing but price gouging.

 

[stinger78]

I blame the increase in ticket prices for concerts and sporting events on the greedy corporations who are doing nothing but price gouging.