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by brentm 1339 days ago
A typical artist deal with a promoter would include an 85% (artist) / 15% split of profit after a pre-negotiated split point which covers the costs of producing & marketing a show for the promoter. I've never seen a full LiveNation tour agreement and perhaps they could have bought out Blink for each show with a different style deal but I'd be surprised if that still didn't include some upside for dynamic pricing otherwise why would the artist ever agree to do it? Everyone knows $600 tickets aren't exactly popular but this is a business and if that's what they're going for a secondaries anyway it's better for the artist to collect the cash in my opinion.
1 comments

The key point is the ondemand pricing is not included in artist's take home generally.

Why use Live Nation? As Pearl Jam has taught us: Artists are limited by venues and venues are either owned or have a deal with live nation. Not going through ticketmaster/live nation means not playing the Gardens in New York or most other large venues where you will have to settle for a warehouse in Jersey instead. A huge monopoly exists that requires an uber like attack on the industry or government intervention.

Are you certain about this? Why on earth would Blink-182 (or their people / record label / etc) agree to this deal?

Are you saying these big A++ acts are signing deals with TicketMaster saying "yea sell em for whatever you want, we just need $X / ticket?"

Because the alternative is being relegated to venues too small to hold their fan base.
that's the whole point of the complaint about Ticket Master. The artist's don't really have a choice in the matter. What are they going to do? go somewhere else?
> What are they going to do? go somewhere else?

Yes.

https://en.wikipedia.org/wiki/AXS_(company)

No?

> The Blink-182 tour, it should be noted, is “produced” by Live Nation, according to the Live Nation press release announcing the tour. In the U.S., they are playing almost exclusively Live Nation venues (in Blink-182’s hometown, San Diego, they are playing at the Pechanga Arena, a venue that is operated by AXS, which is a different company.) The tickets for all shows besides the San Diego one are being handled by Ticketmaster. The press release announcing the tour does not list any prices.

Why do you consider AXS any better than TM?
That's not relevant. They are competition. They are a viable alternative to Ticketmaster. Define "any better"?