Quote:
Originally Posted by Guncho
YES GUNCHO! Hopefully you trust me a little bit more now. This is exactly what I was trying to explain to you. The industry is a farce and ticket brokers are the obvious and easy scapegoat. The fact is, most artists, and I really mean MOST, scalp their own tickets. This is a FACT. I see it every day. And the same goes for professional sports team. It's completely understandable too. No artist wants to risk the wrath of their fan base by charging high prices at or near fair market value. So they'll sell a few through Ticketmaster (typically less than half the venue) for reasonable prices and withhold the rest which they will scalp themselves.
What do you think a Ticketmaster "VIP package" or "Platinum Seats" means? All they do is throw in a lanyard and water bottle and all of a sudden it's a "VIP Package" at 10x the face of the regular tickets. This is another way artists scalp their own tickets.
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I can tell you for a fact that I know a number of artists and promoters list substantial amounts of tickets for their tours through StubHub, because that’s probably what they want to charge for a ticket, but can’t do so publicly.
Evolver.fm: Really.
Lehrman: Yes, and this is the way of the world forever. You’ve had promoters selling tickets in back alleys, and now they have found a legitimate way to do it. People condemn us for having the brokers, resellers, scalpers or whatever you want to call them buy up all the tickets and list them on our site. But those are not necessarily the people who list them on our site. Yes, they exist, but they’re a smaller percentage than you would ever believe.