3 ms·

I hear this a lot, and it might just be me, but I'd feel better about a $50 purchase where the $50 dollars all go to the artist/venue, vs a $50 purchase where $

I hear this a lot, and it might just be me, but I'd feel better about a $50 purchase where the $50 dollars all go to the artist/venue, vs a $50 purchase where $30 goes to the artist and $20 purportedly goes to Ticketmaster.

kbenson 8y ago
Except a vanishingly small number of tickets for popular events are even going for $50 any more, and how do you feel with the ticket costs $95 but you're actually paying over $20 extra for it? Sticker shock is real. Avoiding a $115 ticket price helps avoid some of that outrage. Here's a case study: The last couple weeks Paul McCartney went on sale in a few places. At PNC Arena[1], the the prices for standard tickets were as follows[2]: 25.50 + 15.59 = 41.09 (+61%) 65.50 + 18.54 = 84.04 (+28%) 95.50 + 20.41 = 115.91 (+21%) 165.50 + 27.92 = 193.42 (+17%) 250.00 + 39.24 = 289.24 (+16%) That doesn't look too bad, until you consider that the lowest price offer, which is just over $41 all said and done, but there were only about 250 tickets at that price level releases, for a venue that holds about 20,000 people. That's just over 1% of capacity. Less than 1,000 tickets of the $65.50 price level were released (and you had to pay $84 to get them). Less than 3,000 of the $95 price level (almost $116 for those) were released. Now, I'm not sure exactly how you interpret that, but I suspect I know why they put put in a very low price level but didn't stock it with much inventory, and it wasn't to make sure deserving fans got a chance. It does conveniently allow them to to say that brokers grabbed all the cheap inventory in the beginning though... That's not to say every artist does this. Some provide quite a large amount of low priced tickets, but the trend on that is down, not up, from what I've seen. 1: https://www1.ticketmaster.com/event/2D00551BBC524826 https://www1.ticketmaster.com/event/2D00551BBC524826 2: Feel free to check for yourself. Use this JS snippet in a developer console from the event page: _storeUtils.eventJSONData.tickets.filter(offer=>offer.description.match(/Standard Admission/))[0] .prices.sort((a,b)=>a.amount>b.amount).forEach(pl => console.log(`${pl.combinedFees} + ${pl.combinedFees} = ${pl.displayAmountWithFeesTaxes} (+${Math.round((pl.combinedFees/pl.amount)*100)}%)`) )
astura 8y ago
A portion of those Ticketmaster fees are kicked back to the artist/promoters/venue. https://help.ticketmaster.com/s/article/What-kinds-of-fees-charges-and-taxes-are-there https://help.ticketmaster.com/s/article/What-kinds-of-fees-c...

kbenson 8y ago

Except a vanishingly small number of tickets for popular events are even going for $50 any more, and how do you feel with the ticket costs $95 but you're actually paying over $20 extra for it? Sticker shock is real. Avoiding a $115 ticket price helps avoid some of that outrage. Here's a case study: The last couple weeks Paul McCartney went on sale in a few places. At PNC Arena[1], the the prices for standard tickets were as follows[2]: 25.50 + 15.59 = 41.09 (+61%) 65.50 + 18.54 = 84.04 (+28%) 95.50 + 20.41 = 115.91 (+21%) 165.50 + 27.92 = 193.42 (+17%) 250.00 + 39.24 = 289.24 (+16%) That doesn't look too bad, until you consider that the lowest price offer, which is just over $41 all said and done, but there were only about 250 tickets at that price level releases, for a venue that holds about 20,000 people. That's just over 1% of capacity. Less than 1,000 tickets of the $65.50 price level were released (and you had to pay $84 to get them). Less than 3,000 of the $95 price level (almost $116 for those) were released. Now, I'm not sure exactly how you interpret that, but I suspect I know why they put put in a very low price level but didn't stock it with much inventory, and it wasn't to make sure deserving fans got a chance. It does conveniently allow them to to say that brokers grabbed all the cheap inventory in the beginning though... That's not to say every artist does this. Some provide quite a large amount of low priced tickets, but the trend on that is down, not up, from what I've seen. 1: https://www1.ticketmaster.com/event/2D00551BBC524826 https://www1.ticketmaster.com/event/2D00551BBC524826 2: Feel free to check for yourself. Use this JS snippet in a developer console from the event page: _storeUtils.eventJSONData.tickets.filter(offer=>offer.description.match(/Standard Admission/))[0] .prices.sort((a,b)=>a.amount>b.amount).forEach(pl => console.log(`${pl.combinedFees} + ${pl.combinedFees} = ${pl.displayAmountWithFeesTaxes} (+${Math.round((pl.combinedFees/pl.amount)*100)}%)`) )

astura 8y ago

A portion of those Ticketmaster fees are kicked back to the artist/promoters/venue. https://help.ticketmaster.com/s/article/What-kinds-of-fees-charges-and-taxes-are-there https://help.ticketmaster.com/s/article/What-kinds-of-fees-c...