Ticketmaster has exclusive deals with artists and venues. Artists not signing deals with Ticketmaster lose access to venues, and venues not signing exclusivity deals with Ticketmaster lose access to artists. There are enough of these on both sides that neither wants to lose the other so they sign. Side note: I worked at a small ticketing software shop circa the Ticketmaster/LiveNation merger. The CEO got a call from…
So where’s Lina Kahn pressuring to break up these exclusive agreements? She made hay talking about them in 2022 but what has been done recently? https://www.reuters.com/business/media-telecom/big-firms-lik...
Ask HN: Why has no one replaced Ticketmaster?
141–150 of 169 posts
Re: Ask HN: Why has no one replaced Ticketmaster?
#142Earlier quoted context omitted.
Erm except AEG promoted that whole tour (and the too few beyond it – RIP Prince) and is a replica of, and/or, the only direct competitor of Live Nation. That's a weird example to pick out, as if Prince was 'fighting the system', and yet I'm sure you know he exclusively signed & got paid up-front from the 2nd positioned monopoly in the game. Cool story that you got to sit side stage and wrote code behind his fan club…
It’s weird to complain about supporting AEG claiming they’re somehow the 2nd “monopoly” after LiveNation. You can only have one “monopoly” in a given industry, otherwise they’re both just close competitors. Having a close second competitor is still a step in the right direction, even if you disagree with their business practices.
Re: Ask HN: Why has no one replaced Ticketmaster?
#143Earlier quoted context omitted.
Erm except AEG promoted that whole tour (and the too few beyond it – RIP Prince) and is a replica of, and/or, the only direct competitor of Live Nation. That's a weird example to pick out, as if Prince was 'fighting the system', and yet I'm sure you know he exclusively signed & got paid up-front from the 2nd positioned monopoly in the game. Cool story that you got to sit side stage and wrote code behind his fan club…
> I know you know all you've done is present an alternative story that's supposed to garner upvotes Please don’t don’t do this. Ugly and Boring. See bottom https://news.ycombinator.com/newsguidelines.html
Re: Ask HN: Why has no one replaced Ticketmaster?
#144Earlier quoted context omitted.
Ticketmaster isn't huge in Europe. I think CTS Eventim is the closest equivalent, with a similar share of tickets sold in a few countries, including their home turf, Germany. But I don't think it's comparable, as they're not similarly vertically integrated. https://en.m.wikipedia.org/wiki/CTS_Eventim
Ticketmaster is gigantic in the UK
Re: Ask HN: Why has no one replaced Ticketmaster?
#145Earlier quoted context omitted.
https://www.digitalmusicnews.com/2017/07/17/artists-touring-... Literally a web search will give you plenty. The NYT even did an article about it.
Okay, am hung up on the distinction between "most" and "top" artists.
Streaming services pay peanuts and nobody outright buys albums anymore.
Re: Ask HN: Why has no one replaced Ticketmaster?
#146In addition to what everybody else has said, I will add one more thing: They don't go down when there's a big ticket sale. If you've ever used these alternative ticket sites, they will struggle under the load. The reason it is hard is because there is a flood of people all hammering your site at once, all doing credit card transactions. There's bots. There's people hitting refresh constantly. They are lame for a lot…
Re: Ask HN: Why has no one replaced Ticketmaster?
#147Ticketmaster is a company which is so hated, people ascribe their success to malice and illegal activity rather than any compelling economic arguments. It's unfortunate because their business model is, imo, quite interesting. The first thing to point out is that the question itself is flawed. Ticketmaster has a number of competitors (StubHub, Eventbrite, AXS, Seatgeek). Nevertheless, artists do seem to always gravita…
> Ticketmaster has a number of competitors (StubHub, Eventbrite, AXS, Seatgeek). Those are reseller platforms (StubHub, Seatgeek) and independent entities (Eventbrite & AXS) that aren't associated with the venues/rooms they're playing in. So your examples either: 1) Resell tickets from Ticketmaster + the list you mentioned + all other providers, or 2) They don't have the ability to flex on people because they don't o…
Re: Ask HN: Why has no one replaced Ticketmaster?
#148Earlier quoted context omitted.
That doesn't really respond to cushpush, who is proposing that resold tickets shouldn't be honored by the venue.
Are you suggesting there is no valid use case for reselling tickets other than scalping? (I am unable to make it to an event today for which I bought tickets due to an unforeseen circumstance). Do you propose that my ticket has to go to waste?
Re: Ask HN: Why has no one replaced Ticketmaster?
#149In addition to what everybody else has said, I will add one more thing: They don't go down when there's a big ticket sale. If you've ever used these alternative ticket sites, they will struggle under the load. The reason it is hard is because there is a flood of people all hammering your site at once, all doing credit card transactions. There's bots. There's people hitting refresh constantly. They are lame for a lot…
Of course she might be an extreme end of the market :)
Re: Ask HN: Why has no one replaced Ticketmaster?
#150The question should really be why the FTC tolerates this, letting them after all this time enjoy the blatantly monopolistic anti-consumer stance they've enjoyed since the 80's (at least). It isn't difficult to see how nasty of a business this is by how hated they are by artists and consumers alike, and if nothing else they should be broken up the same way Ma Bell as a telecom monopoly. At least it might come with som…
Ticketmaster then tries to offload some of the blame to unknown "scalpers" but I think it's very likely that most of the scalpers are either Ticketmaster itself or entities contracted with them.
it's the only logical explanation since if they really wanted to solve the scalping problem, it would be the easiest thing in the world to solve. just make the tickets non-transferable.