TimR

My dad is 85. He's still keen to play but is struggling to find people who want to play the same music he wants to play. Or any music really. But he doesn't live in a city or large town so that's a factor. Along with his eyesight meaning he can't drive so relies on others.

It's not an OM, it's a jam night.

Surely it depends how much you've taken and whether you're a slave to that particular drug. 1 pint of beer can calm the performance nerves, make you less inhibited so you move around the stage a bit more. 3 pints will certainly make me move around the stage a bit more, but not in a good way.

It's not a giveaway if they don't give you one. 😂

Quality quip from Liam. I have loads of tickets going, they're £100k each, but kneeling only.

I gave up after not winning 3 Stingrays. I don't even know if I would like a Stingray. I've never even played one.

Extra dates announced due to unprecedented demand. 😂🙄 But entry through a ballot... https://www.theguardian.com/music/article/2024/sep/05/oasis-new-wembley-dates-how-to-get-tickets-and-enter-ballot

That pretty much precludes him then.

Competition regulators investigating ticket sales. https://www.bbc.co.uk/news/articles/cvg3l5j8r8lo

Knebworth '94 with some other really good bands! £22.

@peteb https://www.hillaudio.co.uk/history

It was already changing. The rapid switching MOSFET developed in the early to mid 80s was allowing bigger and bigger class D amplification systems.

I can't imagine Oasis will be very exciting show. Other than 4 blokes standing fairly still on a massive stage. Certainly don't see the brothers abseiling onto the stage. However a lot of shows far exceed that and are worth the money for the spectacle. To me the issue is the abuse of the monopoly on ticket sales.

I think this is an offshoot of the Sunk Cost Falacy. Where, the more time you have spent on something, the more likely it is you will spend more time (and money) to get to the end result. Even to disproportionate amounts* compared to the outcome. The marketing psychologists employed by these big companies know their stuff. *a bit like arguing on basschat.

1 million tickets doesn't equate to 1 million individuals purchasing tickets. Besides the number of tickets sold at £150 must be pretty high. I saw 4 freinds posts on Facebook shortly after tickets went on sale. Presuambly they bought tickets before it all went mad. I wonder how much of this has been overblown.

People who bought into Oasis in th 90s will be in their 50s now. The working class kids who are now middle to high income people with houses and savings.

Or tell Oasis they made a mistake and the venue is double booked. Then relist the venue the next day at qadruple the price.

The problem is, they're not essential to everyday life, and a cartel is where a group of producers band together, so it's more of an unregulated monopoly situation, but agree with the sentiment.

The problem is, they're not essential to everyday life, and a cartel is where a group of producers band together, so it's more of an unregulated monopoly situation, but agree with the sentiment.

We enjoy the circus and the human psychology of it. I bought my first CD player in 1992 and looked at the Albums that were released between 1992 and 1994 that I had bought. Oasis weren't amongst them.

Competition.

As I wrote upthread, there is no competition with Ticketmaster (they're effectively a monopoly) so the blame lies with Oasis for not having multiple routes to market. They're artificially controlling the scarcity. In my book that is illegal.

In this case the scarcity of the product compared to demand determines the price. Elasticity determines how quickly/easily the change in demand/supply affects the price. In this case, High demand, low supply, high elasticity and prices increase very quickly. Look at basschat market place to see how quickly basses sell. The buyer determines the price there. If the seller doesn't drop low enough, there is no sale. The only difference with basschat marketplace is usually the bass player isn't selling basses to make a living and will hang onto their bass for months rather than sell it at a lower price (low elasticy)

The scarcity of a product determines the price. Buying a bass there will be competition from other retail outlets. I suppose you could refer the whole thing to monopolies commission (or whatever the regulating body is). Essentially if you can only buy something from one place that's anti competition (although I'm not sure what the UK equivalent is). The algorithm obviously needs tuning.