31–40 of 252 posts
They strongarm venues into exclusivity agreements: all phone and online tickets at those venue must be sold through Ticketmaster.
Even walking up to buy a ticket at some box offices results in a venue using Ticketmaster as point of sale.
Their parent company Live Nation also outright owns many venues, a true monopoly in my opinion.
> Ticketmaster is a horrible company, and I won't give them my business anymore
Ok, but what choice do you have, if Foo Fighters are playing in your City and you want to go? Or Manny Pacquiao is fighting Floyd Mayweather and you want to go?
It's not like there's a choice. There is, and that is to not go to the event. Because the core premise of TicketMaster's scam is the exclusive contracts they have with Venues and Artists.
Ticketmaster recently lost a class action suit, but managed to be allowed to pay the customers it unfairly charged not in money, but in coupons for Ticketmaster . http://www.billboard.com/articles/business/7370600/ticketmas...
I understand the psychology here, but it seems pretty irrational. Even after every modifier Ticketmaster applies, tickets to major events are underpriced , as evidenced by the fact that things like the Japandroids show this person bought tickets for almost certainly sold out, and by the fact that the secondary market for tickets clears. I too would rather get one simple straightforward price, rather than the pointles…
They're also the worst company I've ever had a phone screen with. I remember being told it was with a member of the technical team, and it was a technical recruiter who asked me questions straight off of a paper that made no sense I hate having to use their service but they seem to be the best worst to use when it comes to selection. They screwed me a bit too when I bought a pair of pricey US Open tickets ($800+ tota…
Why hasn't this space been disrupted like how Uber disrupted the Cab Mob (oops, I mean the Taxi Medallions)
I understand the psychology here, but it seems pretty irrational. Even after every modifier Ticketmaster applies, tickets to major events are underpriced , as evidenced by the fact that things like the Japandroids show this person bought tickets for almost certainly sold out, and by the fact that the secondary market for tickets clears. I too would rather get one simple straightforward price, rather than the pointles…
Earlier quoted context omitted.
Ticketmaster has exclusive contracts with venues and usually owns the venues outright, so it doesn't matter where the money goes, it's all back into their coffers. http://www.livenationentertainment.com
Indeed, look at their filings: https://www.sec.gov/Archives/edgar/data/1335258/000119312512... LOL: "Competition in the live entertainment industry is intense. We believe that we compete primarily on the basis of our ability to deliver quality music products, sell tickets and provide enhanced fan and artist experiences. We believe that our primary strengths include: [...] • ticketing software and services; [...] "