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In this video, "KN Explains Concert Ticket Prices," the reasons behind high concert ticket prices are discussed. Major artists like Blackpink and Harry Styles generate enormous demand, often leading to tickets selling out quickly. The limited availability means that not everyone can attend, leading to resale on the secondary market, where tickets are listed at significantly higher prices. The primary market is where tickets are initially sold, with prices set by artists and their teams, ensuring they receive the revenue, while ticket platforms earn through service fees. The secondary market serves as a resale avenue for higher-priced tickets once the primary market sells out.