ziggywas |
11-12-2019 06:10 AM |
OH i didnt need the links to know that pearl jam were millionaires. ithought noone else did.
ok i m going to try to rephrase the whole thing.
So, Pearl Jam back in 94-95 were making millions upon millions for their multinational label and were also millionaires themselves.
they were in the commercial top shelf of rok bands along with REM, RHCP, Smashing Pumpkins, metallica nothing else comes to mind, anyway a handful of bands.
So operating in a corporate environment and while making big dollars, they decided to start a crusade against the sole player in the selling-tickets-for-arena-concerts. They thought that this middleman took a very hefty share of the tickets price, and that it was ableto do so by taking advantage of its role in the market (the monopoly role actually) they hoped that in this way they could lower ticket prices around 20% (thats a rough number but i dont feel like searching it, correct me if i m wrong) without lowering they price that ended in their share (i am not sure about that also but it dont matter, i have no reason to question it)
of course this would be a popular move amongst music fans and musicians. At the same time going after such a big prey involved great and obvious risk that they willingly took.
nobody else in the same business stood by them ( i think REM were in it at the beginning but shortly after backed up (?)) a fact that i think highlights the dangers involved in such a fight. Pearl Jam cancelled a tour (and lost big money from that) spend 1-2 years in courts, congress hearings and so on and eventually lost. all this happenned in the mid 90s so i guess OH that it wont be apparrent in 2019 ticket prices. Pearl Jam are still millionaires.
To me this whole thing they started was admirable and i give them big credit for that.
there are other musicians i give credit to or even, in other cases, admire for non-musical reasons, fugazi mentioned above beeing among them.
ps. hey weres OH?
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