Hacker News new | ask | show | jobs
by gamblor956 2 days ago
in reality they are "blast shield for consumer rage" as a service. Their role is to industrialize the conversion of anger into waste heat while leaving the musicians looking like neutral parties.

That isn't discussed much because it's not true. Artists get paid a fixed amount for each performance and only get a share of ticket revenue if the # of tickets sold exceeds a contractual threshold. Artists don't get a portion of the fees; those are entirely TM's revenue regardless of the number of tickets sold.

Ticketmaster gets crap for its business practices because they are crap business practices.