3 ms·
I think this is net-positive for venues, local economies, and the artists. All this money is effectively getting sucked out of local economies and moving to mul
by cyrusradfar 11mo ago
I think this is net-positive for venues, local economies, and the artists. All this money is effectively getting sucked out of local economies and moving to multi-national marketplaces.
We also know prices can go up on the raw ticket and we know that consumers can bear that given where they were before this legislation. That additional money will go to Venues, Artists and Labels who will, ideally, create more and better shows for the all of us.
If you imagine today that a ticket is $45 (speaking US) and customers pay $450, eventually for it. That $405 doesn't go to the Artist or the Venue, it goes to a middle layer which adds little to no value for the eco-system beyond supporting a transaction. Moreover, when you spend all the budget on the ticket, you're less likely to buy merch and food at the venue.
Something most on this site could easily build with the help of stripe, a few database tables, and an API to the venue's ticketing management system.
- hypeatei 11mo agoIf Venues and Artists were missing out, couldn't they have changed their terms when selling the ticket? I don't really see why the UK government would need to step in here at all.
- cyrusradfar 11mo agoI'd generally agree with your direction & perspective and don't know why this was the necessary place. - Why didn't venues want more of the revenue? - Why couldn't artists simply set their terms for their tickets? I don't have the answers and it may depend on There are hands at play I'm not seeing/understanding as this legislation was pushed for by major artists.
- maldev 11mo agoMost venues ban resale, or limit it heavily. What you end up with is sketchy people outside the venue or on facebook selling tickets for cash/paypal, and it's 50/50 on whether it's legit or not. Which is exactly how sites like StubHub work. Some people travel and get hotels with these resold tickets, and find out they were sold multiple times, or were fraudulent and at best can only get the ticket price back, and either pay more for a new one last minute, or be left with a hotel and vacation to sit outside the show. There's nothing the venue can do, I went to a show recently that sent day of QR codes to try and prevent resale, and scalpers either mirror the app with a link, or take a picture. You can't check ID's at a 100,000 + person event.
- RHSeeger 11mo agoI disagree that they extra ticket price will now go to the artist/venue; because they always had the option to raise their ticket prices. However, wanting to keep ticket prices down for _other_ reasons (selling more merch, good will, etc) is valid.