←back to thread

Internal emails reveal Ticketmaster helped scalpers jack up prices, FTC says

(arstechnica.com)
327 points dthread3 | 2 comments | 19 Sep 25 18:47 UTC | HN request time: 0.559s | source
Show context
2OEH8eoCRo0 ◴[19 Sep 25 19:09 UTC] No.45305248[source]▶
There is no reason that event tickets couldn't be sold similarly to airline seats.
replies(3): >>45305302 #>>45305317 #>>45305609 #
OscarCunningham ◴[19 Sep 25 19:16 UTC] No.45305317[source]▶
The issue that spawned scalping and Ticketmaster is that musicians want to sell tickets under their market value. There's no analogous issue with airline pricing.
replies(5): >>45305420 #>>45305440 #>>45305447 #>>45305467 #>>45305501 #
username332211 ◴[19 Sep 25 19:30 UTC] No.45305467[source]▶
Worse still, they want to sell it below market value, but they want to be paid as if they were selling tickets at market value.

I remember finding some story about a contract for Ke$ha or Kathy Perry or some other pop-concoction of the previous decade getting leaked (*) , and one of the ways in which the artist got paid was trough a percentage of the tickets to distribute trough unofficial resale channels.

The issue that spawned Ticketmaster is that as a class artists are greedy, but they want to pretend they aren't. Being hated is a vital part of that company's business model.

(*) I think it must have been Ke$ha, as that one was involved in some financial dispute, but I can't find the story right now.

replies(1): >>45305668 #
1. woah ◴[19 Sep 25 19:44 UTC] No.45305668[source]▶
> The issue that spawned Ticketmaster is that as a class artists are greedy, but they want to pretend they aren't. Being hated is a vital part of that company's business model.

Excellent analysis

replies(1): >>45305948 #
2. amanaplanacanal ◴[19 Sep 25 20:09 UTC] No.45305948[source]▶
Yep. Artists make Bank and ticketmaster takes the heat. Win win!