Artists Selling Tickets On Black Market

cajunkiwicajunkiwi Posts: 984
edited May 2011 in Other Music
This has been brought up on the Porch before (whether or not artists participate in third-party ticket vendor sales), but since the article I read isn't about Pearl Jam I'll keep it here.

I was reading an article this morning about Katy Perry's tour rider, and I found it interesting that, according to the rider, her manager has the authority to withhold a block of tickets and keep the profits after they've been resold on the secondary market (i.e. Stubhub).

Is this more common nowadays than some of us thought?
And I listen for the voice inside my head... nothing. I'll do this one myself.
Post edited by Unknown User on

Comments

  • you don't happen to be a member of the wh do you? I saw this exact same topic started on there also.
  • Digital TwilightDigital Twilight Posts: 5,642
    cajunkiwi wrote:
    This has been brought up on the Porch before (whether or not artists participate in third-party ticket vendor sales), but since the article I read isn't about Pearl Jam I'll keep it here.

    I was reading an article this morning about Katy Perry's tour rider, and I found it interesting that, according to the rider, her manager has the authority to withhold a block of tickets and keep the profits after they've been resold on the secondary market (i.e. Stubhub).

    Is this more common nowadays than some of us thought?

    Yeah this kind of practice is quite common these days especially with pop acts.
  • elvistheking44elvistheking44 Posts: 4,453
    See the Chicago Cubs.....
  • ilockyerilockyer Posts: 2,271
    Better the money ends up in the artists pocket rather than some scalper?
    The secret to a happy ending is knowing when to roll the credits
  • cajunkiwicajunkiwi Posts: 984
    you don't happen to be a member of the wh do you? I saw this exact same topic started on there also.

    ? What's the WH?
    And I listen for the voice inside my head... nothing. I'll do this one myself.
  • cajunkiwicajunkiwi Posts: 984
    I just thought it was interesting. There was a big discussion on the Porch about why ticket prices are so high, and a lot of people were theorizing that scalpers selling tickets above face value was part of the reason the face value price was rising over time... I wonder how those same people would feel if the "scalpers" were actually associated with the bands in question?

    Personally, I'd be kinda pissed. Case and point, I wanted to see Chris Cornell on his solo tour this year, but the tickets went onsale during a scheduled meeting at work. By the time the meeting ended, the tickets had sold out. Sure enough, tickets started showing up on eBay a few days later for around $200 each... if I knew the people selling those tickets for 4x face value were part of Cornell's group, I can't say I'd be too pleased.
    And I listen for the voice inside my head... nothing. I'll do this one myself.
  • merkinballmerkinball Posts: 2,262
    This was on the Lefsetz Letter also.

    http://lefsetz.com/wordpress/index.php/ ... ernet-age/

    (If you don't subscribe to his letter, you should. It's great reading on the music biz)
    "You're no help," he told the lime. This was unfair. It was only a lime; there was nothing special about it at all. It was doing the best it could.

    http://www.last.fm/user/merkinball/
    spotify:user:merkinball
  • cajunkiwi wrote:
    This has been brought up on the Porch before (whether or not artists participate in third-party ticket vendor sales), but since the article I read isn't about Pearl Jam I'll keep it here.

    I was reading an article this morning about Katy Perry's tour rider, and I found it interesting that, according to the rider, her manager has the authority to withhold a block of tickets and keep the profits after they've been resold on the secondary market (i.e. Stubhub).

    Is this more common nowadays than some of us thought?

    Isn't this essentially what 10c (amongst other fan clubs) does? 10c negotiates with Ticketmaster for blocks of tickets and then sells them to 10c members at a price they set. Perhaps the tickets in that article are used for Katy Perry's fan club and it just doesn't specify that.

    Either way, with regard to what you mentioned about the Cornell tickets...you have to consider that those tickets had been withdrawn from the pool of available tickets anyway. If his camp requested a block of tickets - whether they sell them, give them away, or trash them - then those seats wouldn't have been available to you or anyone else during the sale period.
    <a href="http://www.shawnsmithsinger.com">Shawn Smith</a> / <a href="http://www.thebandbrad.com">Brad</a&gt; / <a href="http://www.allhailthecrown.com">All Hail the Crown</a> / <a href="http://www.satchelpartnership.com">Satchel</a&gt;

    (Shawn Smith's official website, but not Thee Shawn Smith)
  • Digital TwilightDigital Twilight Posts: 5,642
    cajunkiwi wrote:
    This has been brought up on the Porch before (whether or not artists participate in third-party ticket vendor sales), but since the article I read isn't about Pearl Jam I'll keep it here.

    I was reading an article this morning about Katy Perry's tour rider, and I found it interesting that, according to the rider, her manager has the authority to withhold a block of tickets and keep the profits after they've been resold on the secondary market (i.e. Stubhub).

    Is this more common nowadays than some of us thought?

    Isn't this essentially what 10c (amongst other fan clubs) does? 10c negotiates with Ticketmaster for blocks of tickets and then sells them to 10c members at a price they set. Perhaps the tickets in that article are used for Katy Perry's fan club and it just doesn't specify that.

    Either way, with regard to what you mentioned about the Cornell tickets...you have to consider that those tickets had been withdrawn from the pool of available tickets anyway. If his camp requested a block of tickets - whether they sell them, give them away, or trash them - then those seats wouldn't have been available to you or anyone else during the sale period.

    No 10c prices are only a small fraction above TM (i.e. $10 or so) when they talk about what Katy Perry they are talking about 3 or 4 times the standard price in some cases. ebay prices. Just shows what they think of their fans really.
  • Red LukinRed Lukin Canada Posts: 2,994
    cajunkiwi wrote:
    This has been brought up on the Porch before (whether or not artists participate in third-party ticket vendor sales), but since the article I read isn't about Pearl Jam I'll keep it here.

    I was reading an article this morning about Katy Perry's tour rider, and I found it interesting that, according to the rider, her manager has the authority to withhold a block of tickets and keep the profits after they've been resold on the secondary market (i.e. Stubhub).

    Is this more common nowadays than some of us thought?

    Isn't this essentially what 10c (amongst other fan clubs) does? 10c negotiates with Ticketmaster for blocks of tickets and then sells them to 10c members at a price they set. Perhaps the tickets in that article are used for Katy Perry's fan club and it just doesn't specify that.

    Either way, with regard to what you mentioned about the Cornell tickets...you have to consider that those tickets had been withdrawn from the pool of available tickets anyway. If his camp requested a block of tickets - whether they sell them, give them away, or trash them - then those seats wouldn't have been available to you or anyone else during the sale period.

    No 10c prices are only a small fraction above TM (i.e. $10 or so) when they talk about what Katy Perry they are talking about 3 or 4 times the standard price in some cases. ebay prices. Just shows what they think of their fans really.

    Actually it's the other way around. TC is cheaper than TM.

    Look at PJ20 for example (s/c included):

    Lawns - PJ sells them for $63, but TM sells them for $69
    Pavilion - PJ sells them for $104, but TM sells them for $112.

    So in this case PJ is cheaper by 8%, and this doesn't include the order processing fee and the shipping they now MAKE you pay.

    Also, if PJ wanted to sell them on the black market they'd sell them for 20X more. 1st row tickets don't go for $75 on the black market.
  • CobCob Posts: 858
    ilockyer wrote:
    Better the money ends up in the artists pocket rather than some scalper?

    So you would rather have artist hold back a block of tickets and sell them on StubHub and keep part of the profits on tickets they held back on purpose? At least scalpers and ticket brokers have to put up the money up front and then take a chance that they will sell them for a profit, I have been going to concerts since 1981 and know a couple of people who are scalper/ticket brokers and I can tell you one thing, they don't bat 1000% there are lots of shows and events that they lose a TON of money on.

    If a scalper/ticket broker make money at least they had to take a risk, if an artist or band or someone involved with them, holds blocks of tickets back that someone could have had a chance to buy at face value and then sells them for over face value and gets a portion of the profits, that's WAY worse to me in so many ways! :roll:
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