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by zeroonetwothree 1307 days ago
I think it’s not so straightforward what your competitive advantage is. Charging customers lower fees isn’t so simple because Ticketmaster splits the fees with the venue. So I guess you need to take an even smaller cut than 50%. But can you afford to run a profitable business off of smaller margins than that?

In a sense this situation came about because people want ticket prices to be ‘fair’. They don’t want to pay $500 for some concert even if that should be the market price. So it gets priced at $100 instead and Ticketmaster allows venues to recoup part of that with fees.

1 comments

thats the reality, Taylor Swift tickets would probably be priced at $1k a ticket and would still sell out