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> Is there a better solution? The other option is to prevent ticket resales (except through the original ticketing website at face value). This arguably leads
by nicoburns 4y ago
> Is there a better solution?
The other option is to prevent ticket resales (except through the original ticketing website at face value). This arguably leads to a more equitable distribution of tickets as your ability to buy tickets isn't dependent on how wealthy you are.
> Even if there were 5 different companies selling concert tickets, wouldn't they inevitably move to dynamic pricing for the same reason?
Not necessarily. It would presumably depend on the preference of the artists (who would choose which ticketing company they use). I see two models being popular: one with dynamic pricing where the extra money in paid to the artists. One with fixes pricing. I can't see any artists freely choosing a model with dynamic pricing where the ticketing company pockets the difference.
- tylermenezes 4y agoTicketmaster has exclusive agreements with most large music venues, artists have no real choice. (I have booked large venues before.)
- patmorgan23 4y agoTickets are usually sold by the venue through a vendor (ie Ticketmaster, seat geek,etc) not by the artist. This way the venue's box office/event staff only have to learn one ticketing system.(and they easily can sell venue specific add-ons like parking)
- colinmhayes 4y agoThis isn't better for the artists or venues because they're leaving money on the table. Dynamic pricing means artist and production share the money scalpers used to make.
- nicoburns 4y agoI’d argue it’s better for artists, because more people get a chance to see their shows.