concerts are a wonderful expeiriences filled with the music you love. but all people care about is money and itss ruining the world

i hate ticketmaster more than i can even explain

The big worry for me what if ticketmaster starts selling its primary inventory in large blocks on ticketsnow for double the price of face value? Then no one gets a fair chance. There are tons of other sites out there to choose from, so you can avoid using both ticketmaster and ticketsnow if you like. Tickex, http://www.tickex.com is a lot of help finding these other sites…….

I personally am a big fan of live performance events; sports, music, theatre, etc. I also oversee strategic web monetization systems for many client sites - this includes using TN, TM, SH, RG and many other ticket “broker” sites as revenue streams through their affiliate programs.

I’ll be the first to agree, on a personal level, that this is terrible news for the “average” consumer, but the sad reality is that this is an industry where the value proposition is directly linked to the maximum amount that the richest segment of the client base is willing to pay.

So if the very rich are willing to pay $250K/year for season tickets to X arena, well, the aftermarket will adjust their pricing accordingly.

It’s just sad that these “little” deals are not subject to more scrutiny by anti-trust agencies in the various government levels.

Robin

The business plan itself included rolling up 6 major brokers across North America and Europe. The start up of a marketplace by creating a ticketboard in Europe and aligning all the individual brokers across Europe.

Also discussed was the purchase of ticketsnow and how much it would cost to do so. The company value as discussed was quoted at $200 million.

This could not be sold to ticketmaster because they already own the ticketexchange. We said the ticketexchange was going nowhere and were proven right by recent developments.

This information was obviously passed onto ticketmaster by the AEG representatives. Incase you did not know, AEG recently agreed to sell thier tickets through the ticketmaster exchange, to avoid fans complaining about high ticket prices and corner the secondary market.

The anonymous company’s representative encouraged not to purchase ticketsnow and instead to work with the brokers in creating their own board to have full control of their markets, clients, interests and industry and sell it as a publicly traded company.

The rep who was in the meeting on behalf of AEG and Ticketmaster “unofficial rep” agreed to other meetings for further discussions to follow up on the proposed business plan which never materialized.

This move by ticketmaster is to keep the brokers fractured and to buy time until digital ticketing technology which is presently being tested in Australia is implemented into their ticketing solutions. Also to solidify their monopoly.

I suggest any broker who has issues with the happenings which have occurred and has interest in the future of their business should contact the regulatory commission and submit any reasons why the purchase of tickets by ticketmaster should not happen.

Ticketmaster could theoretically hold back more presale tickets and turn around and post them on TicketsNow to generate significanly higher profits. That would be suprer shady, but the ticket industry in general is quite shady.

With TN joining TM, you might get a case of the tail wagging the dog, with the TN group pushing for the scenairo described above, to boost their own revenue, bonuses, etc.

As Ticketmaster announces that they are acquiring online ticket scalper TicketsNow, I have to wonder if they days of purchasing a ticket for a concert or event at a set price is becoming a thing of the past.

It’s one thing for eBay to acquire …

Sites like freeticketexchange.com and craigslist.org are good places to sell and buy tickets. I’ve seen FreeTicketExchange and it looks like a real honest attempt to create a fan controlled market place and allow the fans to control the ticket market, not these Ticket monsters. The scam practices of not knowing who you are buying from needs to stop. Now.

I wonder how long it’ll be before the event ticket business becomes the victim of a consumer uprising as the music and movie industries have.

Ticketmaster may have won this round, but their days are numbered. The free market always wins.

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