Artists Selling Tickets On Black Market
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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?
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.
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Yeah this kind of practice is quite common these days especially with pop acts.
? What's the WH?
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.
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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way, with regard to what you mentioned about the Cornell tickets...you have to consider that those tickets had been withdrawn from the pool of available tickets anyway.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.
(Shawn Smith's official website, but not Thee Shawn Smith)
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.
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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