Originally posted by Steny Hoyer, Pubic Destroyer:
So you're saying more competition will drive the prices up? What kind of economic theory is that?
Two venues of a similar size does not competition make -- trust me, I'm in a business that if we had only two suppliers in one area, we would not be allowed to sell our product at market prices. (Black Cat is half the size, so brings in different bands and doesn't constitute another competitor at the BoH/9:30 level).
So one competitor comes in, one that happens to be part of a vast corporation that can utilize revenues from other areas to increase payments to artists, and wala. In order for 9:30 to get acts, it must pay more as well, and ticket prices go up.
If there were 5 venues in the 800 - 1500 capacity range, that would be another matter.
Originally posted by Steny Hoyer, Pubic Destroyer:
I just don't see the point of seeing a band in a 2400-3500 capacity venue. At that point, it's not an artistic performance, it's an event. Yuck.
Have you been to some of the great clubs around the country that size? And would you prefer Patriot Center?? If so, you can have it. These are bands that aren't going to play 9:30, they're too big. So instead you get DAR or Patriot Center, or god forbid the basketball arena at American U.