this post was submitted on 12 Aug 2025
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[–] stormeuh@lemmy.world 2 points 1 day ago

Consolidation in real-estate and the entertainment industry are why. In real-estate it leads to higher rents and mortgages, which for restaurants makes the location more expensive, but also the staff because they need to make rent as well. In entertainment it's all just ticketmaster, which owns venues and the ticketing system. That makes them able to double dip on every ticket, since they can charge exorbitant rents for event locations, and also take IIRC a 30% fee on every ticket sold.