For a long while, I’ve been annoyed (to say the least) about the outrageous ticket prices offered by the likes of StubHub and similarly greedy merchants who work just this side of the law.
Below is something I posted on Facebook — some quick thoughts:
It behooves artists and venues (you know who you are) and TicketMaster to do a much better job of ensuring that people can’t buy hundreds of tickets all at once. Yes, there’s an official “limit” but there are ways around that, thanks to online trickery. If we can put a man on the moon …
Long term, the practice hurts the concert industry and artists, because it means that your average buyer can afford to purchase tickets to only a very few big shows a year.
But those making the most $$ from the system only care about short-term profits — what they can make today.
Free enterprise is one thing. If you buy a ticket or any other item, then you should be able to sell it for what you want.
Artists and venues together could and should devise a system whereby ticket re-sellers don’t have unfair advantages in purchasing the tickets in the first place.
(Artists bear responsibility, too, to not charge outrageously; more people will buy tickets at $50 than they will at $75, meaning that they can make just as much at a lower price point)