When artists become scalpers, with Ticketmaster's help (Crazed by the Music)
PopMatters —
... and its questionable reselling (scalping) policies, the Wall Street Journal has an interesting article about artists who are scalping tickets to their own shows with the blessing and help of… wait for it… Ticketmaster themselves. Yet another reason that Congress shouldn’t hand TM an opportunity to get even bigger and corner more of their industry. — ...
Music Notes: March 11, 2009
CBC Radio 3 —
... Chemcal Brothers, the Orb, more added to Coachella. Spacelab Coachella digital magazine goes live. Paste Devo to release first album in almost two decades. Guardian Sonic Youth, John Paul Jones to create music for dance piece. Billboard Artists, managers also involved in Ticketmaster "reselling". Wall Street Journal Iron Maiden condemns rioting fans. BBC ...
Report: Artists Marking Up Own Concert Tickets to Profit Off Secondary Market
Rolling Stone : Rock and Roll Daily —
... Brokers aren’t the only ones getting rich off the contentious secondary ticketing market: According to a new report in the Wall Street Journal, many artists are cashing in on their own concerts by saving some of the best seats and hawking them on re-sale sites like TicketExchange and TicketsNow. WSJ cites Neil Diamond, Bon Jovi, Celine Dion, Van Halen and Billy Joel and Elton John as artists who have repriced and sold tickets via such vendors. Sources close to Diamond confirmed the set-up for the WSJ, while reps for the rest of those ...
Bono, Billy Corgan, No Doubt, Bob Lefsetz, AEG, others chime in on Live Nation & Ticketmaster
brooklynvegan —
... "In a meeting last May with more than 100 ticket brokers, Ticketmaster's then-chief executive, Sean Moriarty, acknowledged that the ticketing giant had used TicketExchange to sell 160 Neil Diamond tickets over two shows at marked-up prices." [Wall Street Journal] ...
WSJ on the Artist Involvement in Secondary Ticketing Market
Coolfer —
... At last, the curtain is being lifted on artists' involvement in the secondary ticketing market. The Wall Street Journal's Ethan Smith has an excellent article on Ticketmaster, secondary ticketing services and the extent to which some artists and managers are profiting from legal scalping. ...
The Chum Bucket: MC Phoenix Fights a Heckler + More
Spinner —
Filed under: The Chum Bucket Joaquin Phoenix has got this rapper shtick down pat. [Socialite Life] Chris Brown's publicity team is really setting a bad example for the children. [Best Week Ever] 100 Neil Diamond tickets are being scalped on TicketExchange.com by ... Neil Diamond? [WSJ] Jack White is in a new band with members of the Kills, Queens of the Stone Age and a fellow Raconteur. [Brooklyn Vegan] Sure, iPods are pretty cool, but have you ...
Neil Diamond, You Should Be Ashamed of Yourself
CMT Blog —
... was one of the good guys. But no, no, no. He’s just as greedy as the rest of the money-hungry ticket brokers I love to hate. At least, that’s how this Wall Street Journal article makes him out to be. They are using Diamond as an example of artists who set aside tickets for their own shows, only to turn around and sell them to unassuming strangers like us for way, way, way more than face value. You know. The tickets that end up on ...
Trent Reznor Blasts Ticketmaster And The Artists Who Defend It
Stereogum —
One of the best things to come out of all the recent press on Ticketmaster's business practices is an examination of the legal ticket resale market. A recent story in the WSJ, for example, outlined how Ticketmaster sets aside 10% of the best seats in a venue for the artist, enabling him to resell them at a huge markup in the secondary "TicketExchange Marketplace." In other words, artists are scalping their own tickets with Ticketmaster's help. Not always, of course, but "more often than not" according to a post today by Trent Reznor on the NIN forum. In it Trent explains what happens to the premium seats NIN are allotted: they are ...
Michael Jackson's Outrageous Ticket Sales Blow the Cover Off Scalping Schemes [Department Of Scams]
Idolator: Music News, Reviews, And Gossip —
So, was that a Michael Jackson impersonator at his press conference last week? Who can tell, really, with that new chin implant he's got? For me, anyway, the latest interesting chapter in this particular saga of the King of Pop's uh, comeback is all about how selling out 50 shows in one fell swoop is finally bringing some attention to the practice of officially-sanctioned scapling by the big ticket sellers on "resale" sites like stubhub.com and ticketsnow.com, and the site in question for the Jackson tix, viagogo.com — a startup financed in part by Steffi Graf and Andre Aggasi and other investor types that have very, very deep pockets.
Last ...
Ticket Scalping Gets Fancy New Ticketmaster-Approved Name: Dynamic Pricing
Vulture —
We've all been there. Tickets for a hot show — say, a triple bill featuring the Gin Blossoms, Counting Crows, and Hoobastank — go on sale, and, because you either forgot to buy them or didn't time your login to Ticketmaster just right, you find yourself on the outside of the show looking in. So what do you do? If you're anything like us, first you cry for a few minutes, then you get on with the business of tracking down tickets in secondary markets like TicketsNow, eBay, or StubHub (which is owned by eBay). However, now that some artists (*cough* Michael Jackson *cough*) have begun to realize that there is some major money to be made by selling ...
Michael Jackson Sells Out 50 Shows
EARVOLUTION —
... of Jackson's financial condition have some basis in truth, this couldn't have happened at a better time and could also answer the question of "Why now?" It is estimated that Jackson will make anywhere from $50 million to $100 million for his efforts. The Jackson shows have also shone a harsh light of the deplorable dealings that result in tickets appearing on the secondary market. Remember when we just called these people what they were: ticket scalpers. The Wall Street Journal recently outed the practice of artists setting aside prime seats for resale on the "secondary ...



