Why shouldn't the artists get a cut of the greater-than-MSRP resale? Yeah, I realize that some pretend that the MSRP is the real price, but if anyone should get a cut of the jacked up fees, it should the people on the stage or producing the show.
I mean, they should have that revenue, and a lot of us want them to just raise the prices for that reason. What's arguably kinda dishonest is when they have deals with Ticketmaster's scam of a resale scheme that result in them getting a large amount of the 'scalping margin' while also yelling about how they price their tickets SO low, and it's scalpers to blame for 'stealing the tickets from all you Real Fans!'
There was a trial in 2009 that had Katy Perry’s contract with Ticketmaster released into the open - cannot find it at the moment but it was explicit about how many tickets would be available for her to sell etc
This is all open and documented in the upcoming prosecution by US attorney - also cannot find atm
There are a lot of journal articles about this, but here's a recent NPR story [0] and a Vox article from 2019 [1].
[0] https://www.npr.org/transcripts/154299904
[1] https://www.vox.com/the-goods/2019/7/22/20703858/live-nation...
Why shouldn't the artists get a cut of the greater-than-MSRP resale? Yeah, I realize that some pretend that the MSRP is the real price, but if anyone should get a cut of the jacked up fees, it should the people on the stage or producing the show.
I don’t think anyone is arguing otherwise. The frustration is the inaccurate pricing and other monopolistic behavior from TM et al.
I mean, they should have that revenue, and a lot of us want them to just raise the prices for that reason. What's arguably kinda dishonest is when they have deals with Ticketmaster's scam of a resale scheme that result in them getting a large amount of the 'scalping margin' while also yelling about how they price their tickets SO low, and it's scalpers to blame for 'stealing the tickets from all you Real Fans!'
[dead]
There was a trial in 2009 that had Katy Perry’s contract with Ticketmaster released into the open - cannot find it at the moment but it was explicit about how many tickets would be available for her to sell etc
This is all open and documented in the upcoming prosecution by US attorney - also cannot find atm