May 25, 2007
Rock and Roll in Style
How much is music worth to you? Will you buy a 9-song CD for $25? Is Barbara Streisand really worth $1,000 to see live? Will an autographed sock for $4,000 really bring you closer to the musician?
Unfortunately, for those of us who ask this question, the answer is probably no, we can’t afford that.
But a few Long Islanders will have the opportunity to see 5 great musicians for the amazing price of $15,000. The admission includes Prince, Billy Joel, Dave Matthews, Tom Petty and James Taylor all playing at the Ross School in the East Hampton, Long Island, NY. This 5 concert package, called Social, will treat all 1,000 guests to celebrity chefs, free parking (safe to assume valet?), and your seating will include daybeds, ottomans, and Moroccan pillows.
The Ross School is Long Island’s largest private school, accepting students from pre-k through the end of high school. Because of its prime location to the Hamptons and expensive tuition, many of the students are children of extremely wealthy and influential parents, including Billy Joel’s daughter.
Bulldog Entertainment is the promoter of this event which is being marketed to a very specific group.
“Social will be marketed as a lifestyle, says Bulldog, to Wall Street executives, Hamptons socialites and the ultrarich.” - Wall Street Journal
The reason for such as high price tag is due to supply and demand. Bulldog CEO Joe Meli explains that prices for tickets that are resold by regular consumers go for over $1,00 on many cases on sites such as StubHub.com. The philosophy is if people are going to pay that much anyway, why not charge that from the start.
No thanks, I’d rather shell out $700 and have an amazing time at Bonnaroo.
