Eddie Vedder fan to fan face value marketplace?

RatherStarved

MakeUSmile said:

mcgruff10 said:

nicknyr15 said:

What a disgrace this has been. 

Absolutely.  I know artists have to make money but this is definitely not cool.  A thousand dollars to see a two hour set of covers and songs from an album we haven’t heard yet? Such bad vibes.  

This 👆face at $236 a ticket after fees is plenty for the artist. 
Newark capacity is 3,352 according to a quick google search.  What do you think the percentage of seats held back by TM was for platinum?  I feel like the face value drop last night were initially held for platinum, but they realized they weren’t going to sell so let them go.  

We don’t know if the artist gets a percentage of sales or a flat fee.  My guess is it’s a flat fee paid by the promoter and then the promoter keeps the ticket money and tries to optimize that.  But just guessing.  In any case I got a nice upgrade last night in the drop, but not as nice as the second row centre at face value that crashed out of my cart at one point.  That would have been epic.  

pledgeagrievance

MakeUSmile said:

The amount of platinum tickets that were held back is crazy. Newark just released a few more rows at platinum pricing.  Honestly shocked I scored tickets through tenclub for this one, when so many went to platinum. The center Orch rows and full grand tier boxes were just released for $499 plus fees

I didn’t see grand tier or orch at 499+. The drop where I got tix was $199 for Grand Tier. That was late 1/28. 

MakeUSmile

pledgeagrievance said:

MakeUSmile said:

The amount of platinum tickets that were held back is crazy. Newark just released a few more rows at platinum pricing.  Honestly shocked I scored tickets through tenclub for this one, when so many went to platinum. The center Orch rows and full grand tier boxes were just released for $499 plus fees

I didn’t see grand tier or orch at 499+. The drop where I got tix was $199 for Grand Tier. That was late 1/28. 

Yeah, they released a ton at $199 on 1/29, then last night released about 25 for $499 in center Orch and those grand tier R boxes in map ablve

OceansJenny

MakeUSmile said:

mcgruff10 said:

nicknyr15 said:

What a disgrace this has been. 

Absolutely.  I know artists have to make money but this is definitely not cool.  A thousand dollars to see a two hour set of covers and songs from an album we haven’t heard yet? Such bad vibes.  

This 👆face at $236 a ticket after fees is plenty for the artist. 
Newark capacity is 3,352 according to a quick google search.  What do you think the percentage of seats held back by TM was for platinum?  I feel like the face value drop last night were initially held for platinum, but they realized they weren’t going to sell so let them go.  

Agreed. The whole ticketing this EV tour has def left a sour taste. I hope they deliver $250-$1,000/ticket worth of concert.

At least if you paid $1,000 on the secondary for a ticket it wasn’t the artist telling you they were worth that much.

THETONYCLIFTON

I'm hoping/praying/expecting 2.5hr-3hr on the 22nd!! 

Zod

OceansJenny said:

MakeUSmile said:

mcgruff10 said:

nicknyr15 said:

What a disgrace this has been. 

Absolutely.  I know artists have to make money but this is definitely not cool.  A thousand dollars to see a two hour set of covers and songs from an album we haven’t heard yet? Such bad vibes.  

This 👆face at $236 a ticket after fees is plenty for the artist. 
Newark capacity is 3,352 according to a quick google search.  What do you think the percentage of seats held back by TM was for platinum?  I feel like the face value drop last night were initially held for platinum, but they realized they weren’t going to sell so let them go.  

Agreed. The whole ticketing this EV tour has def left a sour taste. I hope they deliver $250-$1,000/ticket worth of concert.

At least if you paid $1,000 on the secondary for a ticket it wasn’t the artist telling you they were worth that much.

No, but that led to promoters (with the knowledge of the band, like Metallica) selling blocks of tickets directly to promoters for above face value to earn extra revenues, which resulted in larger gaurantees for bands.

Feels odd bands were back into stuff like that just they could make the appearance of selling costs below market value.. lol.

MakeUSmile

This is nuts.  Check out all the Orch seats just released as platinum, but for face ($199 plus fees) Really sucks for anyone trying to sell F2F or for those who spent big money on similar seats. 

on2legs

MakeUSmile said:

This is nuts.  Check out all the Orch seats just released as platinum, but for face ($199 plus fees) Really sucks for anyone trying to sell F2F or for those who spent big money on similar seats. 

Wait… we’re complaining that they released really good tickets for face?

MakeUSmile

on2legs said:

MakeUSmile said:

This is nuts.  Check out all the Orch seats just released as platinum, but for face ($199 plus fees) Really sucks for anyone trying to sell F2F or for those who spent big money on similar seats. 

Wait… we’re complaining that they released really good tickets for face?

I’m not complaining at all.  I was lucky enough to score though 10club.  Just wild that every time I log into TM there are more and more seats released that were held for platinum. Rows and rows at a time. Guess they realize that the market of people willing to pay over face for this show has diminished so they are now listing at face. 

That being said, anyone who still needs a newark, Go to TM now and have your pick! 

on2legs

MakeUSmile said:

on2legs said:

MakeUSmile said:

This is nuts.  Check out all the Orch seats just released as platinum, but for face ($199 plus fees) Really sucks for anyone trying to sell F2F or for those who spent big money on similar seats. 

Wait… we’re complaining that they released really good tickets for face?

I’m not complaining at all.  I was lucky enough to score though 10club.  Just wild that every time I log into TM there are more and more seats released that were held for platinum. Rows and rows at a time. Guess they realize that the market of people willing to pay over face for this show has diminished so they are now listing at face. 

That being said, anyone who still needs a newark, Go to TM now and have your pick! 

I was just referring to the “really sucks” comment. 

MakeUSmile

on2legs said:

MakeUSmile said:

on2legs said:

MakeUSmile said:

This is nuts.  Check out all the Orch seats just released as platinum, but for face ($199 plus fees) Really sucks for anyone trying to sell F2F or for those who spent big money on similar seats. 

Wait… we’re complaining that they released really good tickets for face?

I’m not complaining at all.  I was lucky enough to score though 10club.  Just wild that every time I log into TM there are more and more seats released that were held for platinum. Rows and rows at a time. Guess they realize that the market of people willing to pay over face for this show has diminished so they are now listing at face. 

That being said, anyone who still needs a newark, Go to TM now and have your pick! 

I was just referring to the “really sucks” comment. 

Well it does suck for them! Lol 

Zod

on2legs said:

MakeUSmile said:

This is nuts.  Check out all the Orch seats just released as platinum, but for face ($199 plus fees) Really sucks for anyone trying to sell F2F or for those who spent big money on similar seats. 

Wait… we’re complaining that they released really good tickets for face?

No, I think we're complaining that the portion of tickets they held back for platinum was insanely large, and a bunch of people bought overpriced tickets not fully understanding how many tickets were left for sale.

I think I'm better than most, but so far for Seattle, If I'd been more patient I could be 6 rows closer and spent $120 less per ticket.   Not sure how the Seattle situation is going to change over the next few weeks.  I don't think F2F has been activate yet.. you can search for tickets but people don't seem to be able to sell them.

on2legs

Zod said:

on2legs said:

MakeUSmile said:

This is nuts.  Check out all the Orch seats just released as platinum, but for face ($199 plus fees) Really sucks for anyone trying to sell F2F or for those who spent big money on similar seats. 

Wait… we’re complaining that they released really good tickets for face?

No, I think we're complaining that the portion of tickets they held back for platinum was insanely large, and a bunch of people bought overpriced tickets not fully understanding how many tickets were left for sale.

The tickets released tonight are less than 1% of the venue. 

RatherStarved

This dynamic pricing is going to be tough to figure out for future shows.  In addition to the price always changing the availability always changes.  I guess as a buyer you have to figure out how much you’re willing to pay to sit where, how long you’re willing to wait to buy before the show, and try not to look back once you decide.  

drakeheuer14

RatherStarved said:

This dynamic pricing is going to be tough to figure out for future shows.  In addition to the price always changing the availability always changes.  I guess as a buyer you have to figure out how much you’re willing to pay to sit where, how long you’re willing to wait to buy before the show, and try not to look back once you decide.  

Playing mind games just to see a show. It’s messed up. 

skootboy

So the platinum pricing bs bit me big time. My wife knew I wanted NY 1 or 2, lost on 10C tix so she was excited to buy at 3x face for me for Christmas. I thanked her but at the same time told her I would never pay that! Low and behold TM or whomever we’re holding back more and more tix. Total bs, better tix available for far less available every single day, new ones popping constantly. That’s not dynamic pricing, it’s a monopoly.

Zod

skootboy said:

So the platinum pricing bs bit me big time. My wife knew I wanted NY 1 or 2, lost on 10C tix so she was excited to buy at 3x face for me for Christmas. I thanked her but at the same time told her I would never pay that! Low and behold TM or whomever we’re holding back more and more tix. Total bs, better tix available for far less available every single day, new ones popping constantly. That’s not dynamic pricing, it’s a monopoly.

That is dynamic pricing.  It goes up and down based on the demand for tickets.  There wasn't enough demand at 2x to 4x face value so now the prices have dropped.

I agree it blows though.   I didn't quite understand just how many tickets they'd blocked out for platinum.   If I was ever tempted to buy platinum tickets again I think I've learned that patience is key.

KL159781

Tickets for both Chicago shows are selling for below face on Stubhub. I just looked and there are tickets as low as $90 for one night and $94 for the other. These are probably $129 tickets at this price, but unless interest picks up greatly next week, the prices are likely to drop lower.

OceansJenny

Patience is always key!! There are always folks needing to dump tickets last minute. Just so happens TM is one of those this time.

MisterEtake2

It really looks like the Newark orchestra and grand level seating was reserved for the platinum tickets, and the Ten Club seats are in tiers 1-4.   Mine are in tier 1.  How about other members?