Thread: TicketMaster

Dunno why they are still in business, Everyone hates em. Outrageous prices and fees for shit. Grrr.

I'm trying to get GABF tickets before they sell out. Grrr.

Originally Posted by SmokenScion

Dunno why they are still in business, Everyone hates em. Outrageous prices and fees for shit. Grrr.

I'm trying to get GABF tickets before they sell out. Grrr.

SOLD OUT IN RECORD TIME! ACK!!!
Already on Ebay for 700$, Fucking bull shit.

Originally Posted by SmokenScion

SOLD OUT IN RECORD TIME! ACK!!!
Already on Ebay for 700$, Fucking bull shit.

That sucks.

But at least now you know why they're still in business.


Æ

Ticketmaster has actually turned themselves into a middle man, most final ticket sales are done through brokers and scalpers.

Originally Posted by SmokenScion

Ticketmaster has actually turned themselves into a middle man, most final ticket sales are done through brokers and scalpers.

Yes.

To extract a large portion of the value from any market, it's not necessary to control the entire process (vertical integration). Controlling the entirety of any one link in that chain is sufficient.

Ticketmaster has had an effective monopoly for quite a while. There have been a few examples of attempts to break that control. Some of them have been successful. Maybe their power is starting to wane.

Cheers,


AetheLove

Originally Posted by AetheLove

Yes.

To extract a large portion of the value from any market, it's not necessary to control the entire process (vertical integration). Controlling the entirety of any one link in that chain is sufficient.

Ticketmaster has had an effective monopoly for quite a while. There have been a few examples of attempts to break that control. Some of them have been successful. Maybe their power is starting to wane.

Cheers,


AetheLove

If only the companies using TM would think for a second.
I know it has nothing to do with venue. Maybe the amount of tickets and the way in which they are released have an effect on how ticket sellers get the contract bid. I am really interested now.

Originally Posted by SmokenScion

I know it has nothing to do with venue.

Sometimes it does. Ticketmaster often negotiates (some would say: extorts) exclusive ticketing agreements with venues. It's not unusual to find that all appropriate venues for a particular band/show have this agreement.

You mentioned that the real problem is the price inflation associated with resellers. I'd certainly agree that that's one of the problems. For example, TicketsNow seems to be particularly effective at getting a good supply of tickets to scalp.

Who owns them again?

Cheers,


AetheLove