Sunday, June 11, 2006

How High Can Concert Ticket Prices Go? How About $126?

The Parrothead faithful opened their wallets in different ways Thursday as they made their annual pilgrimage to hear Jimmy Buffett play the Riverbend Music Center, where the Margaritaville troubadour did the honor this year of opening the outdoor stage for its first concert of the summer season.

Reporter Rick Bird says Buffett returned to the town where the Parrothead phenomenon began asking his highest ticket price ever of $126 (plus service charges), likely grossing close to $1 million. Meanwhile the Cincinnati Parrot Head club held an afternoon fund-raiser at nearby Moonlite Gardens at Coney Island, hoping to raise $5,000 for the Make-a-Wish Foundation.

$126 too much? Seemingly, NOT.

"It's just supply and demand," said Brad Morris president of the Cincinnati Parrot Head Club and a marketing rep from Liberty Township. "As Jimmy has said himself, 'Parrotheads are Deadheads with credit cards.' Many of us our middle age now and we can afford it. If you can't, you can still go to the lawn."

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