Seeing your favorite artist onstage has never been more expensive. In the 1960s, a ticket to see The Beatles could cost around $5. In 2024, the average concert ticket in the US was nearly $136. And on the resale market, prices can jump to almost double that, with some Taylor Swift fans paying thousands of dollars for a single seat. Business Insider spoke with individuals across the live music ecosystem — including Live Nation and Ticketmaster, resale sites like StubHub, musicians, lawyers, government officials, music journalists, and fans — to unravel why concert tickets have become so expensive and why many people believe the system is rigged against ordinary fans. 00:00 - Intro 02:31 - The Evolution of Concerts 03:33 - The Fall of Recorded Music 04:46 - Ticket Pricing Breakdown 06:17 - The Rise of Ticketmaster 07:44 - The Rise of Live Nation 09:02 - Ticketmaster and Live Nation Merger 09:34 - The Rise of Live Nation Entertainment 12:17 - Taylor Swift Fans Sue Live Nation 13:54 - Un...