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by nicoburns 1342 days ago
> Is there a better solution?

The other option is to prevent ticket resales (except through the original ticketing website at face value). This arguably leads to a more equitable distribution of tickets as your ability to buy tickets isn't dependent on how wealthy you are.

> Even if there were 5 different companies selling concert tickets, wouldn't they inevitably move to dynamic pricing for the same reason?

Not necessarily. It would presumably depend on the preference of the artists (who would choose which ticketing company they use). I see two models being popular: one with dynamic pricing where the extra money in paid to the artists. One with fixes pricing. I can't see any artists freely choosing a model with dynamic pricing where the ticketing company pockets the difference.

3 comments

This isn't better for the artists or venues because they're leaving money on the table. Dynamic pricing means artist and production share the money scalpers used to make.
I’d argue it’s better for artists, because more people get a chance to see their shows.
Tickets are usually sold by the venue through a vendor (ie Ticketmaster, seat geek,etc) not by the artist. This way the venue's box office/event staff only have to learn one ticketing system.(and they easily can sell venue specific add-ons like parking)
Ticketmaster has exclusive agreements with most large music venues, artists have no real choice. (I have booked large venues before.)