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The problem is that tickets for popular artis - in general - are sold for the fraction of the actual market price. There would be enough people ready to pay 10x 20x 100x ... but the artist is not "allowed" to put that price on the ticket for PR reason. He would be labeled as greedy or not a real artist. They are leaving money on the table. The inefficiencies in the ticket distributions are not accidental. Many of those are there on purpose as a way to take back some of those money - often by people and processes connected with the artist. A way to [re]sell some tickets for their [real] price.
The objective truth is that a venue sell tickets way below their value. How do you close that gap?
Raising the price of tickets SIGNIFICANTLY? Even there, there is a "moral" cap to how high you can raise those.
So the demand crushes the supply. And 2nd hand can't close the gap. What do you do then? Lottery? Ticket only to the fastest? For people with the best connection (personal or internet)? It can't last forever because there are people ready to buy and people ready to sell. It'll come some fiction like "I sell a ticket for it market value, paired with this drawing of Taylor Swift I did for $1000. It's a set" Or "I pay you to buy me a ticket - I'm too busy to do it. I'll cover the price and your <> of obtaining it separately"
The problem is complex, and in the root of it is that those tickets are simply worth more. I may not be explaining it well, but Freekonomiks have a great episode about it if you're a podcast fan.
What in the fuck are you saying. The increased cost of the ticket in secondary markets never reaches the artist LMFAO.
Are you dumb?
Do you have a habit of insulting people that provide you something you didn't know?
That's exactly what I'm saying. Part of the reason why "tickets disappear" at the moment there are available for sale is because the people related to the artist or venue "buy" the portion of tickets before it even start to resale them in 2nd market for what closer to their real market value.
It's not uncommon that popular artist don't get a cut of the ticket, only a flat fee... that is higher than a total sell value of the tickets. Because other people in the distribution funnel would take their loses back during the resale phase.
But let's assume it's not a case. Just for a kick. You still have an artist that sell the tickets below their market value... and no way to close the gap. How sustainable do you think it is?
Conspiracy theories about artists scalping their own tickets do not enter any rational discussion. Come back when you make sense.
It's hard to engage in a rational discussion when all you o contributed to it are insults and one line statements that basically "I don't believe it, so it's not true, an you are flat-erther".
https://www.kqed.org/arts/13861791/metallicas-secret-deal-with-live-nation-reveals-how-artists-scalp-their-own-tickets
https://www.saturdayeveningpost.com/2023/02/scalped-a-history-of-ticket-reselling/
https://slate.com/business/2011/03/bands-that-scalp-their-own-tickets-and-other-true-tales-from-the-world-of-live-music.html
https://www.vox.com/the-goods/2019/7/22/20703858/live-nation-ticket-resale-scheme-metallica-billboard-report
https://freakonomics.com/podcast/why-is-the-live-event-ticket-market-so-screwed-up/
I'm sorry, you did find out that way.