Tuesday, May 23, 2006

Ticketmaster = Ticketscalper??

You decide... Here's the NY Times article.
Late this year the company plans to begin auctioning the best seats to concerts through ticketmaster.com.

With no official price ceiling on such tickets, Ticketmaster will be able to compete with brokers and scalpers for the highest price a market will bear.

"The tickets are worth what they're worth," said John Pleasants, Ticketmaster's president and chief executive. "If somebody wants to charge $50 for a ticket, but it's actually worth $1,000 on eBay, the ticket's worth $1,000. I think more and more, our clients — the promoters, the clients in the buildings and the bands themselves — are saying to themselves, `Maybe that money should be coming to me instead of Bob the Broker.' "

1 comment:

smellypurpclouds said...

that is the dumbest thing ive ever heard. so a show will never be sold out and they hold as many tickets they want to sell at high prices.