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by toast0
9 days ago
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Ticketmaster's job is to take the heat for ticketing (high prices, BS fees, sketchy reselling, etc), but funnel enough money back to the producing parties (artist/event, venue, promoter) that nobody is going to go through the effort to try to compete. Better to set their margins at 2-3% and keep a monopoly than be forced down in a competitive marketplace. |
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After all, the idea of competing with Ticketmaster is silly, since the problem isn't originating in Ticketmaster at all, that's where the problem is most visible.