Ticketmaster Verified Fan is a joke
How can it be possible for Ticketmaster to not have a general public sale for Ed's Seattle Benaroya Hall show and yet charge $500 for a single ticket on the third tier? I don't get how this could possibly happen. I'm 100 percent positive Ed wouldn't go for this bullshit. How can they sell a ticket for three times face value? This was not the secondary market. This was Ticketmaster Verified Fan Platinum tickets.
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Ticket revenue need to be “y” amount in total
ten club holds back a lot of tickets and sells them below what the average ticket price needs to be. Platinum seats covers that gap and then some
platinum seats may very well be subsidising the cost of the 10 club allotment. Giving so many to the fan club no doubt costs them money in lower revenue. Due to how many seats the 10 club wants they may have little control over what TM does with their share
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True the artist does have to sign off on this. But do they have a choice when the promoter (Live Nation) and the ticket distributor (Ticketmaster) are the same? Remember between the two they control 80% of venues. Its pretty easy to leverage.
But in general this article sums it up pretty well. I'd assume there were probably only like 375 tickets available (15%) for verified ticket sale.
https://www.theringer.com/2016/6/3/16045790/ticket-industry-problem-solution-e4b3b71fdff6#.hh4d9z77a
Those tickets were also tough to get.
He absolutely could have but the cucks don't want to hear it. I have seen Platinum pricing for years but the prices today were borderline embarrassing. $900+ for a freaking seat. Even those novelty acts that the cucks like to bash would blush at those prices.
Feels to me like Platinum pricing is the subsidizer.
there are currently a fair amount of Inglewood Platinums available right now, most of them priced from $280-380. It’s kind of what I expected for the LA market, that the demand wouldn’t be so crazy, due to the Ohana shows so recently.
for these NY and Chicago Vedder shows, when I looked at Stubhub earlier today, each show had 250-300 tickets listed, just hours after the public sale. You’re looking at roughly 8-10% of the total tickets already listed for resale. This is with Verified Fan in place limiting who can buy and with Ten Club taking a large amount of tickets for their use. If there were no fan club tickets, it would be easy to project that probably 15%+ of total tickets would end up for resale. That hardly makes Verified Fan look like any type of success.
We’ve all complained about past ticket sales where servers crashed or we ended up getting nothing, but to me, I at least want to feel I had a chance to try. Verified Fan immediately takes a large amount of fans out of the equation, which in it’s own way fuels the resale market.
I have signed up for over 20 previous Verified Fan presales in the past and have never got past Waitlist. I was even amongst 2,000 U2 fan club members who in 2018 was automatically sent my presale code that was included with membership and had it taken away 3 hours later, due to some Ticketmaster screwup.
I have resold tickets on Ticketmaster a few times in the past for shows I was unable to make it to. If you want to make back what you paid, you have to increase your asking price to cover the original Ticketmaster fees, plus the fees they charge you on reselling through their site. My theory is that has caused me to be blackballed as a scalper, something a friend of a friend that works for Ticketmaster said was true.
They could shutdown resale whenever they want. But they don't want that at all for obvious reasons. NY and Chi are the only shows being resold due to their state laws on transfers.
I've had a very different experience than you. I've never not been given Verified Fan access. I've never resold concert tickets. I sell my sports season tickets all the time.
Today I got in to the sale about 5 after for Benaroya today. I was able to see tickets and try to acquire them albeit unsuccessfully.
Back in the day if you wouldn't have even seen tickets that late. Everything would have been sold to people/bots within minutes. That feels like progress to me, but I completely understand the frustrations of others.
Pretty sure that is how it goes down. Compromises to ensure that the 10C gets an allotment of the best seats. It's not complicated, and yes, not great for the consumer if you can't get a 10c ticket. TM/LN have a monopoly and its been rigged for some time, I am still amazed that the DOJ allowed that merger to happen.
Hope ev continues to make a good living off his talent and people who go will have a blast.
"...I changed by not changing at all..."