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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (760958)	4/9/2022 2:22:31 PM
From: i-node	Read Replies (1) \| Respond to of 793782

>> Oliver's examples of one performance where the fee was higher than the base ticket price and two where it was close aren't the norm. Most of the escalation has been in the base ticket price. Have to disagree about this. What has happened is that the "base ticket price" is not set by promoters as it once was, but it negotiated by ticketmaster through kickbacks to the performers and the venues. There is a dynamic there that wasn't always. Structurally, before, a promoter hired the talent, rented the venue and hired Ticketmaster to sell the tickets for a fee and perhaps a profits interest. Ticketmaster realized its business was that of a computer operation and could easily be displaced by other computer operations. They saw the computerized scalping operations taking off, so, they went after the venues and got them onboard for a piece of that action. This transition left Ticketmaster in the position of controlling everything. When Clapton played in TX a few months ago, he had established up front there would be no mandates (based on his person experiences that were well-publicized). In the end, even he was forced to accept the mandates imposed by Ticketmaster or he simply couldn't have had a suitable venue in the Houston area. I think Ticketmaster has formed an entity that edges toward undesirable, non-market-based principles and that sort of bothers me. Not so much that it matters to me, just that I don't feel it is as free market based as you do.