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> Is the artist advertising a similar face value and adding fees on to create a higher purchase price, like Ticketmaster? If not, then I expect the vast majorit
by conanbatt 8y ago
> Is the artist advertising a similar face value and adding fees on to create a higher purchase price, like Ticketmaster? If not, then I expect the vast majority would probably end up at Ticketmaster because of a lower advertised price, even if it's the same at checkout.
Lets try to ceteris paribus it. I have no doubt the price shennanings Ticketmaster does have an extractive effect, but given the same price for TM and the artist, who would choose TM? And if the artist is cheaper because there is no middleman?
Of course TM would punish any artist doing that, thats why I say they must have leverage.
In the end I might be wrong about this, but deception is a poor substitute for economic efficiency. The day one artist collects more money with no fuss, the house of cards falls down.