5 ms·

How are the artists getting more money from secondary market? That's like saying an author gets royalties from a used book store.

• linkmotif 8y ago
  By getting kickbacks from Ticketmaster.
  • staticfish 8y ago
    [citation needed]* *I'm not implying this isn't true, and it's interesting if it is.
    • linkmotif 8y ago
      It’s in the article
      • 8ytecoder 8y ago
        Do you mind highlighting the line? (Not doubting you. I see where TM benefits. Just not how artists do.)
• kbenson 8y ago
  > That's like saying an author gets royalties from a used book store. It's like saying an author gets royalties from a "used" book store that is able to sell a pristine version for no extra cost for every resale it makes, but it requires opt-in from the author. TM+ doesn't just resell tickets, It's opt-in only and artist and venue opt in, it actually reissues new tickets, with new barcodes, to the purchaser with a guarantee. It would not surprise me at all if the resale system gave a percentage of the profit back to those who opt in, to incentivize them to do so.
  • Benjammer 8y ago
    >It would not surprise me at all if the resale system gave a percentage of the profit back to those who opt in This is basically the core value concept of the entire secondary ticket industry...