In Britain, Ticketmaster and Live Nation have big market shares, as they do in America, but it is resellers that attract the most flak. This offers some interesting lessons about the “gigenomics” of live entertainment
Save time by listening to our audio articles as you multitaskMr Dylan has long lavished disdain on his devotees. But few have a better reputation with fans than T.S. and the Boss. Reading reactions to the dynamic-pricing system used by Mr Springsteen for his next tour is like a reprise of the great rock’n’roll swindle. “Bruce has replaced the scalper,” laments Lori S., a fan since the 1970s, on Backstreets, the website for Springsteen aficionados.
Amid the genuine angst over high-priced tickets, and the overhyped politicisation of the matter , the brouhaha misses two points. The first is that it is mostly the artists, not Ticketmaster, who set the cost of the tickets. They also give the green light to the use of dynamic prices, like those used for airline seats, that allows Ticketmaster to charge more when demand outstrips supply.
That points to a second difference, concerning the nature of tickets themselves. In America, critics of Ticketmaster argue that a ticket confers ownership, meaning it should be possible to buy and sell it as freely as a second-hand car. They note that people purchase tickets months before a concert and should be able to resell them to whom and at whatever price they want. They dislike things that impede that, such as paperless tickets.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Chicago Fire's Taylor Kinney's cozy set photo with new stunning co-star sparks major fan reactionChicago Fire's Taylor Kinney sent fans into a tailspin with a new set photo alongside his new stunning co-star
Lire la suite »
Made in Chelsea stars Maeva D'Ascanio and James Taylor welcome baby boyCongratulations are in order for Made in Chelsea stars Maeva D'Ascanio and her fiancé James Taylor, who have welcomed their first child.
Lire la suite »
America’s Asian allies dislike its tech war on ChinaAmerica is leaning on its friends in Japan, Singapore, South Korea and Taiwan to join the tech fight against China. They are reluctant to play ball
Lire la suite »
Dubious green funds are rampant in AmericaNew research suggests Wall Street is banking on bogus claims
Lire la suite »
Recent left-wing triumphs in Latin America may prove short-livedIn January, for the first time, all of the seven most populous countries will have left-of-centre governments. But a swing to the right is about to begin, and it may prove more profound
Lire la suite »
Good Morning Britain presenter's devastatation after 'sudden death' of petOne of the presenters of ITV breakfast show Good Morning Britain has expressed their 'profound sadness' at the 'sudden death' of a beloved family member in a sad post
Lire la suite »