The key idea is that only the original ticket buyer is eligible for a large rebate when attending the event. It prevents touting, but does not mean everyone who wants a ticket gets one.
Though in practice it is perhaps to techie, and in the end not dramatically different to what Glastonbury Festival does, which is that the ticket is only valid for entrance by the original purchaser, using photo id.
Ticketmaster is of course only doing what the artists want. They want to look like they sell tickets at reasonable prices that young fans could afford but really want to sell tickets for as much as possible - hence ticketmaster sells a fraction at face value, then basically hands the rest to touts who sell them for 2 grand a pop and give ticketmaster a cut which goes right back to the artist
So banning selling above face value just kicks that whole industry to the grass - and people either put prices at market value or more likely stop touring
(Ok so there is a third option, that fake classes of tickets will be created - it’s happening now as you get “meet the artist tickets” or “tickets with an ice cream” going for twice the price.
But this will rebound on the artist - will Taylor Swift want to be seen as gouging 13 yo fans - or will she just tour less, or put on kids nights and so on.
Anyway it’s probably just going to die a death and not get to law.
Here is an alternative idea: https://aeturrell.com/blog/posts/one-trick-to-stop-ticket-to...
The key idea is that only the original ticket buyer is eligible for a large rebate when attending the event. It prevents touting, but does not mean everyone who wants a ticket gets one.
Though in practice it is perhaps to techie, and in the end not dramatically different to what Glastonbury Festival does, which is that the ticket is only valid for entrance by the original purchaser, using photo id.
is it wrong for a concert to have all the tickets sold via ebay auctions?
This is of course nonsense.
Ticketmaster is of course only doing what the artists want. They want to look like they sell tickets at reasonable prices that young fans could afford but really want to sell tickets for as much as possible - hence ticketmaster sells a fraction at face value, then basically hands the rest to touts who sell them for 2 grand a pop and give ticketmaster a cut which goes right back to the artist
So banning selling above face value just kicks that whole industry to the grass - and people either put prices at market value or more likely stop touring
(Ok so there is a third option, that fake classes of tickets will be created - it’s happening now as you get “meet the artist tickets” or “tickets with an ice cream” going for twice the price.
But this will rebound on the artist - will Taylor Swift want to be seen as gouging 13 yo fans - or will she just tour less, or put on kids nights and so on.
Anyway it’s probably just going to die a death and not get to law.
[dupe] https://news.ycombinator.com/item?id=45956173