The Fan Exchange scam

YourDirtisMyfood said:

I just saw Springsteen last Saturday night at Gillette for $58 before fees in the 3rd row of the 300's and had a great time.  Wasn't sold out and the weather held up thankfully.

CM189191 said:

SHZA said:

CM189191 said:

SHZA said:

CM189191 said:

Kwieneke said:

CM189191 said:

mattcoz said:

CM189191 said:

SHZA said:

CM189191 said:

Zod said:

I do wonder.  How much extra revenue do they get from the platinum tickets?  It's pretty clear they aren't selling all of them at above face.   How much could it could possibly add to the regular ticket prices, if they took that amount of money, divided it by 16,000, and added it to all the other tickets?

I think I'd rather pay $20 more per ticket, then deal with platinum thing.


I suppose at a minimum we should start a "Petition to allow fan2fan to sell tickets below face value" thread.   Not sure if TM/Pearl Jam would do it, as it could result in them holding the bag on unsold tickets.

In regards to fan2fan, I really don't like how it's made fan club tickets disposable.   It's made it so easy for fans to buy tickets, see they aren't good, then try to dump them again, but it pushes everyones tickets further back that actually do use their tickets.  It also allows non 10c'ers access to 10c tickets.  Like your almost better off not using 10c, and sniping fan2fan tickets or unsold platinum tickets (if you can gamble with the travel aspect of it).

Since 10C seats keep getting pushed further back, more transparency would be nice.

Claim that Premium tickets subsidize 10C tickets?  ok, prove it!  Show me the money!

Of course higher priced seats subsidize lower priced ones. Platinum pricing generates additional revenue they wouldn't have otherwise. If there were no platinum sales, they would have to raise the standard price to make the same amount of money 

ok, prove it! Show me the money!

1 ticket at $1000 + 9 tickets at $100 = $1900

Now, take away the $1000 ticket.

$1900 / 10 tickets = $190

Pretty sure I saw more than 10 people at the show Thursday

You think $1,000 was the average Premium price?

I know my 10C ticket was more than $100

And I doubt there's 9 10C members for every Premium ticket.

Your numbers don't add up. Try again?

I think the point was just to use numbers that are easy to put together

I disagree. I don't think the numbers are so simple. 

I think 10 club members are getting soaked with this new premium pricing and they don't even realize it. Which is why I'm asking for transparency.

Or, maybe we should just trust Ticketmaster's and take their word for it. I'm sure Ticketmaster has our best interest in mind, right?

They say 10% are premium. So for every 100 tickets, 90 sell @ 160 (14,400) and 10 sell at say 500 (5000), for a total of $19,400. Without premium, the total would be 16,000. Therefore, you would have to raise the price of standard tickets to $194 to make the same amount of money. The conclusion is that premium is subsidizing the standard tickets by allowing them to only charge 160. 

How do you know premium tickets are averaging $500?

And you're not including 10C annual dues.

You're missing the point. Whether premiums average 200, 500, 1000, or any number in between, plug that number into the equation and adjust accordingly. However much additional revenue is generated by the differential between the premium price and regular price subsidizes the regular priced tickets. Without it, regular price would have to be higher to reach the same profit. 

10c dues have nothing to do with it. Those exist regardless of whether some tickets are premium priced or not. 

You're missing the point.

I'm asking for transparency.

10C tickets keep getting pushed to worse seats. And we're being told Premium tickets are subsidizing other ticket prices.

Fine, let's see the proof. Because it's obvious we keep paying higher prices for worse seats each tour. And it feels like being taken advantage of. 

SHZA said:

CM189191 said:

SHZA said:

CM189191 said:

Kwieneke said:

CM189191 said:

mattcoz said:

CM189191 said:

SHZA said:

CM189191 said:

Zod said:

I do wonder.  How much extra revenue do they get from the platinum tickets.  It's pretty clear they aren't selling all of them at above face.   How much could it could possibly add to the regular ticket prices, if they took that amount of money, divided it by 16,000, and added it to all the other tickets?

I think I'd rather pay $20 more per ticket, then deal with platinum thing.


I suppose at a minimum we should start a "Petition to allow fan2fan to sell tickets below face value" thread.   Not sure if TM/Pearl Jam would do it, as it could result in them holding the bag on unsold tickets.

In regards to fan2fan, I really don't like how it's made fan club tickets disposable.   It's made it so easy for fans to buy tickets, see they aren't good, then try to dump them again, but it pushes everyones tickets further back that actually do use their tickets.  It also allows non 10c'ers access to 10c tickets.  Like your almost better off not using 10c, and sniping fan2fan tickets or unsold platinum tickets (if you can gamble with the travel aspect of it).

Since 10C seats keep getting pushed further back, more transparency would be nice.

Claim that Premium tickets subsidize 10C tickets?  ok, prove it!  Show me the money!

Of course higher priced seats subsidize lower priced ones. Platinum pricing generates additional revenue they wouldn't have otherwise. If there were no platinum sales, they would have to raise the standard price to make the same amount of money 

ok, prove it! Show me the money!

1 ticket at $1000 + 9 tickets at $100 = $1900

Now, take away the $1000 ticket.

$1900 / 10 tickets = $190

Pretty sure I saw more than 10 people at the show Thursday

You think $1,000 was the average Premium price?

I know my 10C ticket was more than $100

And I doubt there's 9 10C members for every Premium ticket.

Your numbers don't add up. Try again?

I think the point was just to use numbers that are easy to put together

I disagree. I don't think the numbers are so simple. 

I think 10 club members are getting soaked with this new premium pricing and they don't even realize it. Which is why I'm asking for transparency.

Or, maybe we should just trust Ticketmaster's and take their word for it. I'm sure Ticketmaster has our best interest in mind, right?

They say 10% are premium. So for every 100 tickets, 90 sell @ 160 (14,400) and 10 sell at say 500 (5000), for a total of $19,400. Without premium, the total would be 16,000. Therefore, you would have to raise the price of standard tickets to $194 to make the same amount of money. The conclusion is that premium is subsidizing the standard tickets by allowing them to only charge 160. 

How do you know premium tickets are averaging $500?

And you're not including 10C annual dues.

You're missing the point. Whether premiums average 200, 500, 1000, or any number in between, plug that number into the equation and adjust accordingly. However much additional revenue is generated by the differential between the premium price and regular price subsidizes the regular priced tickets. Without it, regular price would have to be higher to reach the same profit. 

10c dues have nothing to do with it. Those exist regardless of whether some tickets are premium priced or not. 

Weston1283 said:

JZ280705 said:

dmbolp said:

mcgruff10 said: This is 2023.  Tickets are down, merch is down, posters are down.  

Don’t understand this comment.  This is a record year for ticket prices.  They are least twice what they were pre COVID.  Live Nation/Ticketmaster is making tons of money with their monopoly/price manipulation tactics.

For acts like Taylor Swift yes, it is a record year.  Pearl Jam is not in that tier anymore.  An aging band playing less shows with less songs and less variety.... I think it is going to get easier and easier to get PJ tickets as time passes, not harder.

CM189191 said:

Get_Right said:

You will never get transparency. TM has been manipulating tickets for decades. They do not care about you. They want the highest prices for tickets and they want to make it as hard as possible for you to recover any money you have spent on tickets. This is their business model. 

And the 10C was supposed to insulate us from the Ticketmaster business model. 

Instead we were exploited. 

bootlegger10 said:

Ticket system is fine.  10c does a great job getting tickets.  Sucks they aren’t all the best seats in the house but so be it.  

Lost In Ohio said:

pjl44 said:

As someone who has lost the lottery.more than once for a show I 100% would go to, I'm fully behind any policies that disincentivize "buy now, figure it out later"

There were so many people who'd put in for 3-4 or more shows, thinking they could either back out of what they won OR email 10C and ask.

They'd post stuff like: "I read the email and I know I can't, but my boss now says I can't because there's this...excuses excuses."

The old system probably had some benefit for local fans since people were less likely to put in if they had to travel 200 miles on a weeknight...but this new way allows for backing out.

BF25394 said:

JZ280705 said:

BF25394 said:

JZ280705 said:

 I live in NC and they cancelled a show here 7 years ago because the state wouldn’t allow transgender women to use girls bathrooms.  

Fixed this for you.

Like “her”?

https://nypost.com/2023/05/16/university-of-wyoming-sorority-sisters-say-they-live-in-fear-of-trans-member/amp/

The allegations in that lawsuit do not have any bearing on the reality that the overwhelming majority of transgender women are just trying to live their lives without being subject to discrimination and abuse, including the abuse they might suffer if, despite appearing to all the world as a woman, they are forced to use men's bathrooms. Statements like the one in your original post ignore this reality. You can't write transgender people out of existence by facilely stating that the issue was about "men using girls [sic] bathrooms."

If a person of any gender goes into a women's bathroom and engages in inappropriate behavior, there are already laws to deal with that. In the meantime, transgender women use women's bathrooms every day and hardly anyone even notices. Criminalizing those women in the hopes of preventing theoretical harms by people whose behavior would already be illegal makes no sense.

mr bungle said:

Get_Right said:

You will never get transparency. TM has been manipulating tickets for decades. They do not care about you. They want the highest prices for tickets and they want to make it as hard as possible for you to recover any money you have spent on tickets. This is their business model. 

BINGO!  TM has become the scalper.   They already had the monopoly on tix.  Now they are trying to monopolize the scalper market!