OFFICIAL TM PLATINUM ????? PJ...please ...say it ain't so.

patkelly12

This supply demand dynamic sounds like a lot of mumbo jumbo to me.

andrew68

patkelly12 said:

This supply demand dynamic sounds like a lot of mumbo jumbo to me.

next big drop for any popular band or event...log into TM...it's crazy...the prices change in front of your eyes

mace1229

Kel Varnsen said:

PB11041 said:

If they are selling these for Vitalogy Foundation I guess I really don't care.  But mostly I also don't care if some schmuck wants to pay like $1,500 to see Pearl Jam.  Also, somebody paid $400 to see Ricky Gervais?  I really think he is quite funny, but that is nuts.

I am sort of thinking the same thing. People get mad when scalpers buy up all the tickets and sell them for an inflated price that the market will pay. So now they change the way tickets are sold so that can't happen and sell a small number of tickets themselves at a price the market will pay and people still get upset. Not sure I see the problem other than people wanting the best tickets for the cheapest price.

As I have said before the only real way to eliminate scalping is to price tickets high enough so there is no profit to be made by scalpers or to play so many shows that you basically flood the market.

Or just do a real tour. They create a huge demand by playing a handful of shows every few years where most people have to travel to see them.
If they go back to plying 50 shows every other year the demand would go down.

danny

Disgraceful 

bootlegger10

I just bought a ticket for four shows through the fan club with very little effort on my part.   These shows will likely be sellouts.  It cost me $500.  For four shows to a legendary band that plays 2.5 hours.   So cheap comparatively to what others charge.  

Thank you!

EdsonNascimento

We should all calm down. It is extraordinarily unusual for Platinum seats to go on sale AFTER the general sale (they may remain on sale if they are unsold, but not to START after the General). Platinum usually opens with the very first pre-sale. They are dynamically priced seats, but not necessarily the best (though for obvious reasons, they typically are).

I think the Vitalogy guess is a good one, but we'll find out.   And if it's PJ taking advantage of their popularity - good for them.  They should reap the rewards of their work however they see fit.  But, based on past actions, Vitalogy foundation seems like a sound guess. 

EDIT:  And, as usual I should have read the entire thread - confirmed after I read the first page and replied.  Good for them.  

igotid88

The platinum goes on sale 11 days after the general sale. Most of those seats are going to be 10 club members. PJ tickets are usually sold out by then. During the home/away shows they had Charity tickets

3days

I honestly feel this is an unfair criticism of the band, and perhaps even TicketMaster.

StubHub has changed EVERYTHING... Band's, sports teams, performers, and theaters now receive data on what their tickets sell for second hand. By selling certain tickets at a mark-up, the tickets are actually taken away from the scalpers (by cutting into the profit), and often benefit a charity of the artist's choice. If the seats were part of a public onsale, or a name-some-corporation-presale, then scalpers would most likely purchase the seats cheaper, and resell them for higher than the platinum prices... and no charity would benefit. 

LeafsJaysCubsRaptorsFan

These aren’t vitalogy foundation seats. These are a way for tm to scalp their own tickets.

Clapper

LeafsJaysCubsRaptorsFan said:

These aren’t vitalogy foundation seats. These are a way for tm to scalp their own tickets.

You want to know the true solution to secondary markets?   Charging ACTUAL market value based on demand. Congratulations, every lower bowl ticket to any major market Pearl Jam concert is now $1000 face value. Uppers bowl are $750 and nose bleeds are $350.  There is no more secondary market for a few people that can afford the super premium expensive tickets  that offset the lower face value. Its one market with ONLY the expensive tickets for EVERYONE.  This fan base already freaks out over tickets that are relatively cheap by comparison. Imagine what would happen if  the tickets were the actual market value and only financially feasible or top tier earners.  The shows would still sell out...the band, ticketmaster, live nation would all still get paid....but most of us wouldn't see tickets again.   What would you guys prefer?  I handful of premium tickets for sale, or all tickets being astronomical. 

Something most people don't seem to realize in our fandom is that ticket master and live nation control most venue options.  The fact that the band has negotiated control of 99% of the floor and lower bowl seats in each arena is massive.  It means that they are making WAY less money on this than they should. 

I'm super fortunate,  I am in a line of work that affords me the luxury of being connected at some degree with most major sporting/entertainment  venues.  In most cases, if miss out on tickets for event I want to see, I can make a call to a contact and purchase what I would consider to be very good seats for the event I want to see at face value from their venue holds.  It's that easy. Almost any event.  Except with Pearl Jam. 

It's why I continue to be a fan club member. It's relatively easy (i''ve had some lucky tours and some not lucky tours) to get tickets (and good tickets at that) through the fan club than it is any other way.  In the past when I have tried to use my contacts for PJ shows I've missed out on, its either "sorry, no can do", "I'd be happy to help but you need to ask me for help with literally any other band" or "I can help, but we don't have access to good seats" .  This is not just arena contacts. It has been the same with Live Nation contacts. 

Most of you have no idea how lucky we are. 

andrew68

I'm super fortunate,  I am in a line of work that affords me the luxury of being connected at some degree 


and if you weren't ?

Clapper

andrew68 said:

I'm super fortunate,  I am in a line of work that affords me the luxury of being connected at some degree 


and if you weren't ?

You obviously didn't read to the bottom of my post.  The point was that it has been of help in almost every other scenario for any other act I've needed help with. It is rarely of much help in the case of Pearl Jam because they are so careful about how they control access to tickets.

Thats what I think people miss here the most often.   Even though the game has changed over the past 25 years, this band still gets more tickets in the hands of fans and a lower cost than any similar stature band I an think of.  

darthvedder

Ticket buying reality in 2020: buy during the presale or on the onsale date. If you wait any longer, you will pay more.

cp3iverson

The prices are not all bad. We almost bought Billie Eilish platinum tickets for Bridgestone Arena. They were great seats and way cheaper than the nosebleeds.   Double the sale price tho. 

Bentleyspop

Is it just me or are there way to many people on here who don't understand "platinum" pricing and who benefits financially?

Lerxst1992

darthvedder said:

Ticket buying reality in 2020: buy during the presale or on the onsale date. If you wait any longer, you will pay more.

Got 2nd row Wilco at Radio City for $210. They were as high as $500 - platinum can come down also

Lerxst1992

Sports teams, Broadway, the Opera, etc. all charge premium prices for premium tickets 

But damn it that rock band better not charge one penny more than $98 for next to stage tickets, after I steal their album on Napster. 

PJNB

I am curious if people are going to be ok with their 10 club seats getting pushed back further and further for these platinum seats. 

patkelly12

I thought recognizing the laws of economics was prohibited. I can’t keep track anymore. 

darwinstheory

F Me In The Brain said:

PB11041 said:

F Me In The Brain said:

What does this mean?  How does one get access to Official Platinum and what does it include?

you get a date with junbugtn24

Not sure my body can take that

Please! You're not known as the 10C size queen for nothing. 

nicknyr15

Lerxst1992 said:

Sports teams, Broadway, the Opera, etc. all charge premium prices for premium tickets 

But damn it that rock band better not charge one penny more than $98 for next to stage tickets, after I steal their album on Napster. 

Is this a joke? I’m not an expert on platinum seats, nor do I know how they will play out with PJ. But I did watch it with Tools tour and here’s what saw:

shows went on sale 
shows “sold out”
weeks later, miraculously, whole rows of BLUE dots appeared for double to triple the original price during the initial on sale. I actually called TM to ask how these whole rows became available. I was told it was cancellations or credit card declines  😂😂😂😂😂😂😂😂😂😂😂 what a fuckin joke answer. What a coincidence that a whole row of diff people canceled at the same time. What are the odds? 

So, they created false demand by staggering the release of tickets and claiming initially it was a sell out, then double the price based on demand. Demand that they created. Does that sound right to you? 

Lerxst1992

PJNB said:

I am curious if people are going to be ok with their 10 club seats getting pushed back further and further for these platinum seats. 

So they made a lifelong contract with fans in 1991 and created a permanent entitlement for every publicly sold seat?

PSUS2H

nicknyr15 said:

Lerxst1992 said:

Sports teams, Broadway, the Opera, etc. all charge premium prices for premium tickets 

But damn it that rock band better not charge one penny more than $98 for next to stage tickets, after I steal their album on Napster. 

Is this a joke? I’m not an expert on platinum seats, nor do I know how they will play out with PJ. But I did watch it with Tools tour and here’s what saw:

shows went on sale 
shows “sold out”
weeks later, miraculously, whole rows of BLUE dots appeared for double to triple the original price during the initial on sale. I actually called TM to ask how these whole rows became available. I was told it was cancellations or credit card declines  😂😂😂😂😂😂😂😂😂😂😂 what a fuckin joke answer. What a coincidence that a whole row of diff people canceled at the same time. What are the odds? 

So, they created false demand by staggering the release of tickets and claiming initially it was a sell out, then double the price based on demand. Demand that they created. Does that sound right to you? 

The seats come from holds.  I've worked in the industry and can tell you there are various holds.  For example when I worked in DC we had TM holds, venue holds, promoter holds, artist holds, Capitals holds, Wizards holds. ADA holds. So yeah, could have come from a variety of places.  TM want to go on this tirade about stopping a secondary market, they are often times the ones fanning the flames. 

PJNB

Lerxst1992 said:

PJNB said:

I am curious if people are going to be ok with their 10 club seats getting pushed back further and further for these platinum seats. 

So they made a lifelong contract with fans in 1991 and created a permanent entitlement for every publicly sold seat?

Who said every sold seat? We are talking the best seats in the house that 10 Club has always tried to have access too. 

I have a high number and actually like the chance at a close seat at a premium. I think people that have been with the club since the 90's would disagree with me though. Take a look at the MSG seat location from 2016 and you will get an idea what people really think. 

Sarava

JimmyV said:

This doesn't bother me at all. If it is more than just a typo it likely was the concession made to get us more fanclub tickets. Also...I have no problem with the band making money, nor do I have any problem with their outlooks evolving from what they were in 1995. 

Doesn't bother me either. Hell if they're charging $1500 for good seats after the resales, and letting us buy similar seats for $125 or so up front, then how can we be anything but ok with it?

Bentleyspop

PSUS2H said:

nicknyr15 said:

Lerxst1992 said:

Sports teams, Broadway, the Opera, etc. all charge premium prices for premium tickets 

But damn it that rock band better not charge one penny more than $98 for next to stage tickets, after I steal their album on Napster. 

Is this a joke? I’m not an expert on platinum seats, nor do I know how they will play out with PJ. But I did watch it with Tools tour and here’s what saw:

shows went on sale 
shows “sold out”
weeks later, miraculously, whole rows of BLUE dots appeared for double to triple the original price during the initial on sale. I actually called TM to ask how these whole rows became available. I was told it was cancellations or credit card declines  😂😂😂😂😂😂😂😂😂😂😂 what a fuckin joke answer. What a coincidence that a whole row of diff people canceled at the same time. What are the odds? 

So, they created false demand by staggering the release of tickets and claiming initially it was a sell out, then double the price based on demand. Demand that they created. Does that sound right to you? 

The seats come from holds.  I've worked in the industry and can tell you there are various holds.  For example when I worked in DC we had TM holds, venue holds, promoter holds, artist holds, Capitals holds, Wizards holds. ADA holds. So yeah, could have come from a variety of places.  TM want to go on this tirade about stopping a secondary market, they are often times the ones fanning the flames. 

A lot of people on here think that there is just one hold...
For TM to scalp the tickets themselves

Clapper

PSUS2H said:

The seats come from holds.  I've worked in the industry and can tell you there are various holds.  For example when I worked in DC we had TM holds, venue holds, promoter holds, artist holds, Capitals holds, Wizards holds. ADA holds. So yeah, could have come from a variety of places.  TM want to go on this tirade about stopping a secondary market, they are often times the ones fanning the flames. 

This.  This was my point.  The majority of event have a block for the following. Artist, promoter, venue, fan club, credit card pres sale a b and c, radio station pre sale a b and c.  Pearl Jam keep more tickets for their fan club and away from other blocks that ANY other band. 

Do you folks think there is no trade off??  If the Band has secured 10k seats out of a possible 20k seats from the venue there has to have been at least a small trade off.  Platinum seat wont be 2k seeats. It will MAYBE be a few hundred. 

PSUS2H

Clapper said:

PSUS2H said:

The seats come from holds.  I've worked in the industry and can tell you there are various holds.  For example when I worked in DC we had TM holds, venue holds, promoter holds, artist holds, Capitals holds, Wizards holds. ADA holds. So yeah, could have come from a variety of places.  TM want to go on this tirade about stopping a secondary market, they are often times the ones fanning the flames. 

This.  This was my point.  The majority of event have a block for the following. Artist, promoter, venue, fan club, credit card pres sale a b and c, radio station pre sale a b and c.  Pearl Jam keep more tickets for their fan club and away from other blocks that ANY other band. 

Do you folks think there is no trade off??  If the Band has secured 10k seats out of a possible 20k seats from the venue there has to have been at least a small trade off.  Platinum seat wont be 2k seeats. It will MAYBE be a few hundred. 

The number of platinum offerings will ultimately be an insignificant number of seats compared to the capacity of the venue.  20-40 seats out of 20k.  So its not like TM is keeping a ton of seats to resell, but what my secondary point was just an excuse to take a jab at TM, but it was not in line with my agreement with you so it came off as more of an ADD moment.    

100 Pacer

Someone, somewhere, received a terminal diagnosis today. Try to keep things in perspective. 

Poncier

austin.macrae said:

Is "Vitality" Foundation different from "Vitalogy" Foundation?

Yes. Its a subsidiary of The Human Fund