2 ms·
TM is actively dismantling the secondary ticket market by (a) being a secondary market themselves, (b) pushing paperless tickets so they are very hard to transf
by skeeter2020 4y ago
TM is actively dismantling the secondary ticket market by (a) being a secondary market themselves, (b) pushing paperless tickets so they are very hard to transfer, (c) surge pricing to capture the margin the secondary market needs.
There's both pros and cons to this outcome, but I don't believe havig TM as the single owner of the entire live event industry is on the whole, a good one.
- hnburnsy 4y agoYou are correct but you are missing that TM is doing this in collaboration with the promoters and artists, which of course means sharing the profits with them too.Example, The Black Keyes told TM to invalidate secondary market tickets to one of its.shows. https://variety.com/2019/music/news/black-keys-hundreds-turned-away-wiltern-ticketmaster-1203344146/ https://variety.com/2019/music/news/black-keys-hundreds-turn...