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Live Nation Helped Metallica and Other Artists Place Tickets Directly On Resale Market

Discussion in 'Article Discussion' started by Melody Bot, Jul 22, 2019.

  1. Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from chorus.fm for discussion. All of the forum rules still apply.

    Billboard:


    The recording, which would have been legal to make without one party’s consent under both New York and Texas state laws, offers an unprecedented view into how thousands of concert tickets for major tours have been sold first on the secondary market — where resellers can mark up prices — without being offered to the public at face value. It also shows the extent to which the rise of online ticket sites has put pressure on artists and promoters to capture more of the profits resellers are making — and how Live Nation is uniquely positioned to help solve the problem, as the owner of the world’s biggest ticketing platform that even its rivals use.

     
  2. DandonTRJ

    ~~~ヾ(^∇^ Supporter

    [​IMG]
     
  3. heymattrick

    Denver, CO

    And the music world was shocked
     
  4. joey-wan kenobi

    Happiness is a warm gun mama

    Still holding a grudge against Lars.

    ...aaaaaaand then this.
     
  5. currytheword

    Trusted

    Hypocritical assholes.
     
  6. Phil507

    Trusted Supporter

    If you just skim the surface of this issue, this has been going on for decades at this point. It's one of the reasons why there are so many of those VIP packages. Acts want to make the market rate for the ticket but don't want to come off as greedy assholes. I think Katy Perry's rider which was uncovered by the smoking gun, even includes language about placing tickets directly on resell markets.

    Net/net, the best seats are under-priced officially so this is the way around it.