In perhaps the most out-of-touch statement since Lucille Bluth priced bananas , Live Nation CEO Michael Rapino — the boss of the company that runs Ticketmaster — said that, actually, concert tickets are too cheap . I'd like to see him tell that to literally any non-millionaire American who's tried to see their favorite artist.

The comments from Rapino came this week while speaking at CNBC and Boardroom’s Game Plan conference. They quickly circulated online and, frankly, I thought they had to be fake. As a CEO, it's the kind of thing you might think , but probably not something you say out loud .

Ticketmaster boss Michael Rapino says concert tickets are 'underpriced' "In sports, I joke it’s like a badge of honor to spend 70 grand for a Knicks courtside seat. They beat me up if w

See Full Page