Pearl Jam has reportedly become the latest act to slash its ticket prices, as artists have had to scramble amid low demand for tickets at the sky-high prices that artists and promoters have been trying to charge for shows this year. The band, performing shows in England and Europe for its ongoing Dark Matter World Tour this summer, have reportedly dropped some tickets by more than 50 percent from the initial ask.

“Premium standing” tickets for shows at London’s Tottenham Hotspur grounds were being sold at £249.45, while even seats at the back of the stadium were £125. Now, tickets are available for £49.20, with more than 10,000 apparently remaining up for grabs as of Wednesday afternoon.

Screenshot of Live Nation/Ticketmaster page for Pearl Jam event at Tottenham Hotspur Stadium in London, showing a significant number of seats still available.

Pearl Jam are the latest of many acts to have to shift plans or prices amid soft demand so far in 2024. While promoters and artists have rode a wave of post-COVID demand to record-shattering profits driven by ever-spiraling ticket prices, that trend seems to have fallen apart for many tours this year.

The Black Keys famously saw their tour cancelled entirely after fans rejected the idea of paying the outrageous ticket prices being asked, which led to the band splitting with mega-manager Irving Azoff. Jennifer Lopez first shifted her tour plans to be a “greatest hits” feature before cancelling the run entirely, and many other artists are seeing widespread complaints about pricing schemes and postponing individual shows for various reasons that many believe are actually due to poor sales.

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Rather than cancel, Pearl Jam has opted to slash prices in hopes of filling seats. And while that may benefit some fans who held off on purchasing, many fans have expressed outrage over the decision, since so many of the band’s biggest supporters purchased during the initial sales period when the “face value” price was so high, not to mention the use of additional price surging technology to “dynamic” price during peak demand.

From The Sun UK:

Commenting on a LiveNation Facebook advert, one disgruntled fan wrote: “What a p**s take for all the genuine fans that bought tickets on release! Shame on you LiveNation and Ticketmaster.”

The anger was also shared on social media:

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Such tactics have become the norm, and lead to things like a fan buying a cut-rate seat sitting in a prime location right next to someone who paid more than 10x more during the initial sales period – as happened during a poor-performing show on Bruce Springsteen’s tour last year. Tickets to that Tulsa gig had once been listed for more than $3,400 – and were directly adjacent to seats that were later reduced to $250.

| READ MORE Tanking Tulsa Date Shows Springsteen Using Price Floors on Tour | 

This phenomenon is not new – even Taylor Swift fans experienced it when high ticket prices caused demand to collapse for some dates on her Reputation tour, necessitating steep discounts and even large-scale giveaways to ensure seats weren’t empty when the star took the stage.

Pearl Jam fans are also uniquely sensitive to the feeling of being manipulated by the machinations of the ticketing machine, given the band’s very public stance against Ticketmaster in the 1990s. But it has become clear through their embrace of Ticketmaster’s dynamic pricing and transfer restriction systems that the band is all-in with Live Nation Entertainment and whatever its executives suggest.

The band’s tour is scheduled to continue through Europe for shows in late June and early July, with a second leg of North American dates scheduled to kick off in August and run through singer Eddie Vedder’s Ohana Festival in late September. Pearl Jam then has shows scheduled in Australia and New Zealand in November.

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Pearl Jam Dark Matter World Tour Dates

06-22 Dublin, Ireland – Marlay Park
06-25 Manchester, England – Co-op Live
06-29 London, England – Tottenham Hotspur Stadium
07-02 Berlin, Germany – Waldbühne
07-03 Berlin, Germany – Waldbühne
07-06 Barcelona, Spain – Palau Sant Jordi
07-08 Barcelona, Spain – Palau Sant Jordi
07-11 Madrid, Spain – Mad Cool Festival
07-13 Lisbon, Portugal – NOS Alive Festival
08-22 Missoula, MT – Washington-Grizzly Stadium
08-26 Indianapolis, IN – Ruoff Music Center
08-29 Chicago, IL – Wrigley Field
08-31 Chicago, IL – Wrigley Field
09-03 New York, NY – Madison Square Garden
09-04 New York, NY – Madison Square Garden
09-07 Philadelphia, PA – Wells Fargo Center
09-09 Philadelphia, PA – Wells Fargo Center
09-12 Baltimore, MD – CFG Bank Arena
09-15 Boston, MA – Fenway Park
09-17 Boston, MA – Fenway Park
09-27 Dana Point, CA – Ohana Festival
09-29 Dana Point, CA – Ohana Festival
11-08 Auckland, New Zealand – Go Media Stadium
11-10 Auckland, New Zealand – Go Media Stadium
11-13 Gold Coast, Australia – Heritage Bank Stadium
11-16 Melbourne, Australia – Marvel Stadium
11-18 Melbourne, Australia – Marvel Stadium
11-21 Sydney, Australia – Giants Stadium
11-23 Sydney, Australia – Giants Stadium