Concertgoers likely won't get fooled again by ticket fees if Ticketmaster is allowed to merge with concert giant Live Nation.
Industry observers expect those annoying add-on charges to disappear. That's "the one positive of the merger," said Gary Bongiovanni, editor of the concert journal Pollstar.
Don't expect tickets to get any cheaper, however. That $75 ticket with $15 in extra charges may simply be priced at $90.
"The business will get its pound of flesh but with a more fan-friendly method," predicted longtime Minneapolis promoter Randy Levy. "I see this as a neutral situation for the concertgoer. Nothing changes the supply-and-demand [nature] of the business."
The $2.5 billion merger, announced Tuesday, put the spotlight on a rarity in today's economy: a bullish business. Concert revenues actually have risen as the rest of the music industry struggles against the tide of changing technology and illegal downloads. The average box office gross in North America was up 18 percent last year while average attendance jumped 6 percent, according to Billboard magazine. During the same period, sales of recorded music fell 15 percent.
While fans expressed fears about the deal, which would combine the world's leading ticket agency and the world's top concert promoter, industry experts are uncertain about the effect on consumers.
"Whether ticket prices go up or down is more reflective of the economy and the acts themselves," said Xcel Energy Center General Manager Jack Larson, who participated in a conference call with 45 arena managers this week. "Acts usually dictate what the ticket price is."
Still, the deal would put unprecedented power in the hands of a man Larson called "the king" -- Irving Azoff, chief executive of Ticketmaster and a leading music manager whose Front Line Management Group works with about 200 acts, including the Eagles, Fleetwood Mac, Van Halen, Christina Aguilera, Guns 'N Roses, Neil Diamond, Morrissey, Jewel, New Kids on the Block and Jimmy Buffett. Live Nation also is involved in management as part of its so-called "360 deals" in which it has concert, management and merchandising contracts with U2, Madonna, Nickelback and Jay-Z, among others.