Well not worth thousands of dollars Taylor Swift is a objectively different show than Elvis Presley was.

There was some decoration on stage Presley came out he was the bee's knees everyone wanted to see him, but you were paying to see him and for his roadies toship, roll out and hook up his gear.

It probably cost $100,000 in labor just to haul Swift's stage out and build it an arena. They probably need the arena for a week before the concert starts.

I'm not saying her stuff is worth $1,000 a ticket we should get economy at scale for that number of people. But it's probably worth 300-500.

Unless you're doing the insane level of football field sized stages with embedded screens and catapults, your average couple hour show at your average decent size venue really should realistic beatly be in the $100 to $200 range, You've got to pay the artist You've got to pay their crew and while the ticketing system does deserve to make some money on it, they shouldn't be getting absolutely still filthy stinking lobbying rich off of it.