Live Nation

That cheap ticket is still double its original cost for some.

It's not the first time this has happened.

They've updated their rules.

”Live events is one of the best prepared, best equipped, most experienced industries in America to manage and control large crowds in a rapid, organized fashion,” a letter to President Biden reads. ”Moving people in, out, and around a public gathering space swiftly and safely is the foundation of our industry.”

”It’s our expectation in general that we’ll be able to get back to have full-capacity shows, that we won’t need social distancing—certainly outdoors—by next summer,” Joe Berchtold said in a recent interview.

The losses come to light in a new report.

While we've already see a socially distanced Arkansas show and drive-in concerts and festivals, it seems a return to large, crowded events like full-scale festivals, arena shows, or even packed club shows are still a ways away.

They also introduce the 'Hero Nation' refund option.

See the president of Live Nation's response on the matter.

The argument is laid out that raising prices might limit scalpers and benefit the buyer.