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by forrestthewoods
1332 days ago
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I do not believe you are correct. The money is split between Ticketmaster, venue, promoter, and artist. Can you provide any numbers of any kind? I certainly can’t find specifics. So it’s no evidence versus no evidence. I know TM has a near monopoly. But I personally think they have that monopoly because they’re willing to be the bad guy everyone blames for high ticket prices. I think logic dictates that artists would not opt-in to dynamic pricing, and yes it is optional, unless they see upside. LiveNations quarterly earnings states: “With market-based pricing being widely adopted by most tours, we expect to shift over $500M from the secondary market to artists this year”. It’s hard to tell what percentage that is. |
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