How The Taylor Swift Debacle Fueled The Ticketmaster Monopoly Debate

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Күн бұрын

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@cyrilgarcia2485
@cyrilgarcia2485 Жыл бұрын
I guess we just need a ton of people crying on TikTok about how expensive our healthcare system and how the pharmaceutical industry is literally killing people for congress to act.
@artchick07
@artchick07 Жыл бұрын
I think they needed to see faces. See people being upset. It's harder to ignore the money they aren't getting in taxes.
@montiro8999
@montiro8999 Жыл бұрын
@@artchick07 dude they don't care about people. Only about money
@thunderb00m
@thunderb00m Жыл бұрын
Nah, ticket master is a lvl 1 crook . Healthcare industry is lvl 100 boss
@containedhurricane
@containedhurricane Жыл бұрын
It would be better if they cry about the housing prices, immigration and firearm regulations as well
@axlrad307
@axlrad307 Жыл бұрын
The government doesn’t care about anyone but to keep making their pockets bigger . We as the people of the commonwealth of the US. Need to stop paying taxes that pay the salaries of these politicians to act .
@cern1999sb
@cern1999sb Жыл бұрын
Having visited the US, one of the things that was most surprising and frustrating was advertised prices in almost everything ended up not being the price you paid. Wherever I've visited in Europe, if a business displays a price they have to sell their item or service at that price. Any additional fees must have already been factored into the price
@kk4649k
@kk4649k Жыл бұрын
welcome to america. Our taxes work exactly the same way.
@ianism3
@ianism3 Жыл бұрын
yeah, it's the same in Canada. stores here are allowed to just display the price of the individual items before tax. it's not like that in most other places. you get used to it, but it's less than ideal
@wichorast
@wichorast Жыл бұрын
Most Americans pay using debit card,so it’s even easier for the companies to “scam” the public since most don’t even know how much money they have/own
@shacau1739
@shacau1739 Жыл бұрын
Maybe someone should start a ticket selling company and break up the monopoly. The government can’t do that.
@Locutus
@Locutus Жыл бұрын
I went to the official travel website for Las Vegas to book a holiday. It said the price *included* all government taxes, and fees. However, when you went to the checkout, it added other fees... So, *all* taxes and fees, *doesn't* include all taxes and fees? I just went to a different website, that actually included all the fees, and it was cheaper.
@MrRapmaster19
@MrRapmaster19 Жыл бұрын
It's actually funny how, of all the many issues facing our country, breaking up Ticketmaster and Live Nation is the only one that actually has true bipartisan support.
@ramoraid
@ramoraid Жыл бұрын
Of course since it affected all the politician's grandchildren.
@josephkim52
@josephkim52 Жыл бұрын
the power of taylor swift needs to be studied. the music industry.
@axlrad307
@axlrad307 Жыл бұрын
Taylor swift for president 2024
@artisfire
@artisfire Жыл бұрын
Music is the universal language.
@Azarath_Metrion_Zinthos
@Azarath_Metrion_Zinthos Жыл бұрын
Taylor Swift indirectly brought both Republicans and Democrats together is a cultural reset itself 😂
@envisionelectronics
@envisionelectronics Жыл бұрын
I’ve missed out on dozens of concerts because I will NOT pay those stupid fees on top of ridiculous ticket prices. I put my saved money into a great home sound system. I consider it a win.
@jsgonzalez1822
@jsgonzalez1822 Жыл бұрын
👌🏼👌🏼👌🏼👌🏼
@hermosaflor10
@hermosaflor10 Жыл бұрын
Amen 😂😂😂 period save ur money
@Niranjan_Mavath
@Niranjan_Mavath Жыл бұрын
You made the smart decision.
@jamesnunez3821
@jamesnunez3821 Жыл бұрын
Love that energy you want to see a concert well that's what KZbin is for right hahah
@Neilukuk
@Neilukuk Жыл бұрын
Does ticketmaster charge high fees on all tickets?
@OWEN-CASH
@OWEN-CASH Жыл бұрын
The fact that a band at the height of their success (Pearl Jam) could not work around Ticketmaster, proves that Ticketmaster is effectively a monopoly. And this was before Ticketmaster merged with Livenation.
@railroad5024
@railroad5024 Жыл бұрын
Yes, exactly!!! That merger should have never been allowed to happen.
@leinonibishop9480
@leinonibishop9480 Жыл бұрын
Pearl Jam’s fight with Ticketmaster was part of an anti trust investigation in the 90’s as well and that investigation ended rather abruptly with the government siding with Ticketmaster. I’m sure it had nothing to do with one member of the investigating committee becoming a very highly paid executive at Ticketmaster…. PJ lost a lot of money on their tours in those years trying to fight Ticketmaster and keep their ticket prices affordable.
@thegodblogger3812
@thegodblogger3812 Жыл бұрын
I worked for Ticketmaster back in the early 1990s. It was a total fiasco then. The fees were ridiculous but TM had a captive market. In the 30 years since, nothing has changed. It seems like competitors would have come along with a better package. I guess TM just knew how to do it best.
@jefferrrson1x
@jefferrrson1x Жыл бұрын
They do know how to do it best, and honestly, nobody was big enough to challenge it. It takes a lot of people to make change and this happens ALL the time many times throughout 30 years. Now that we have Bad Bunny, BTS, and of course Taylor Swift who to me are one of the biggest ever acts right now, this has now got the momentum and attention that it deserves. I hope they come to a solution for not only the artists and TM/LN, but more importantly the fans that make the wheel turn. This must be addressed. And I’m here to watch it go down ..
@thegodblogger3812
@thegodblogger3812 Жыл бұрын
@@jefferrrson1x Call me a cynic but I'm guessing not much will change for 93% of the musical acts. Somebody like Taylor Swift or Beyonce may have the clout to work out individually beneficial deals for their concerts and promotions, but most artists and acts will do business as usual.
@jefferrrson1x
@jefferrrson1x Жыл бұрын
@@thegodblogger3812 No, I agree with you. I don't think the system will change legal wise, and also how TM operates. Bc the fact is, there isn't no present solution to ticket buying OTHER THAN physically going to the box office and lining up.
@fark69
@fark69 Жыл бұрын
@@jefferrrson1x Swift is not going to do anything to Ticketmaster, she won't be willing to take a pay cut on her concerts or to play more concerts to bring prices down. Pearl Jam fought Ticketmaster back in the day and it didn't work out.
@sirgeoh
@sirgeoh Жыл бұрын
I used to work in the ticketing industry for one of TM competitors. If fans actually knew what happens in the live events industry, they would not go anymore. It is so sickening what is actually happening. Basically, it is 100% pay to play and companies are bullied to take the money and shut up. Also the fees are total BS. Just know that when you buy a ticket, at least 40% of the price goes to TM or other companies associated with them. They are basically stealing.
@hannahneirman
@hannahneirman Жыл бұрын
Cannot stand the deception of the listed prices. The second time I saw Hamilton live I looked for whatever was cheapest - $69. Ended up paying $100 with all the fees. And the first time I saw it live I paid $200 for a better seat. And yet I kinda hate that I just don’t care about whatever it is I have to pay because I just want to go. And now that I’ve written all this out I want to see Hamilton again lolz anyway Ticketmaster you’re gross. I’m glad their messed up business model is being exposed
@fark69
@fark69 Жыл бұрын
What people really really need to know is that Ticketmaster does this so Swift and other artists can get maximum profit out of their appearances. If Swift played more shows at the same venue, ticket prices would go down, but she obviously wants to work less and make more like every person does, and yet she could take a reputational hit if her concerts were seen as extremely expensive (esp. because she has politics that don't align with that). So she does a tour, Ticketmaster gouges everyone, and every one leaves hating Ticketmaster and not the singer
@NazriB
@NazriB Жыл бұрын
Lies again? SIS TIC
@michaelwang6125
@michaelwang6125 Жыл бұрын
it would be good for fans to list out the average ticket price (by seat price, total cost) Then do a breakdown on how much each artist actually gets paid VS TM who can basically do a faction of the work and get pay X times more than the artist's total earning*. *amount earned from CD/physical product sales is not counted.
@fark69
@fark69 Жыл бұрын
@@michaelwang6125 Ticketmaster does not earn more from concerts than any singer. Period
@NotSteve88
@NotSteve88 Жыл бұрын
My friends and I bought tickets to a concert at the local state fairgrounds. The price per ticket was unknown until the purchase was completed, which came out to $75 per ticket when the total was divided 5 ways. The actual paper tickets were then mailed to me, with $25 printed right on front. Which means we paid triple the face value after “convenience fees” and other fees were applied, even though this was the only way to purchase them. When I called customer service to complain, they told me they could only refund the face value and that it would take 2 weeks.
@TonyJames.
@TonyJames. Жыл бұрын
Rats
@dextermoore278
@dextermoore278 Жыл бұрын
That's just so disgusting, and Ticketmaster is run by a bunch of greedy, crooks. They love ripping off the Fans of all these Bands and Singers. Things need to change.
@tapasihalder9092
@tapasihalder9092 Жыл бұрын
Who the fcuk buy tickets without seeing price upfront.!
@NotSteve88
@NotSteve88 Жыл бұрын
@@tapasihalder9092 It said the prices were different depending on where you sat, and that the only available seats were either way up front, or way in the back. The ones up front showed a range, between $45-55 per ticket. When you clicked on the seats you wanted to reserve, you were redirected to the 3rd party seller and given a disclaimer that the “actual” price may vary from what it listed, and that your final price after taxes & fees will be shown at checkout. I was buying 5 tickets, so I had to just pay the total and my friends sent me the money on Venmo. Usually you get an electronic ticket after that, with a QR code that you can transfer to your apple wallet, but I got an envelope in the mail instead. 5 paper tickets, $25 right on the ticket. No refunds.
@NiceTriGuy
@NiceTriGuy Жыл бұрын
There was no mention of Ticketmaster platforms basically legalizing ticket scalping on the secondary market. It is crazy how much more than face value you have to pay for sporting events etc. And Ticketmaster has managed to obliterate resellers. I used to buy off kijiji but someone decided that should be illegal now those tickets are on TM for even higher prices and extra fees…… WTF? They were worried about fraud in the secondary market so now Ticketmaster does it openly on their website and it’s legal?
@HoneyButterBiscuits
@HoneyButterBiscuits Жыл бұрын
Great point! Wish it was talked about more. When Ticketmaster merged with Live Nation they cut into the reseller market under the guise they wanted to "protect fans" from scalpers. Now, they are the scalpers! The queuing system and strategically-timed website crashes create enough of a buyer frenzy for Ticketmaster to resale tickets for THOUSANDS of dollars. It seems like they are stealing from the artists, the venues, and the fans while making double the profit on initial & re-sold tickets.
@railroad5024
@railroad5024 Жыл бұрын
Exactly, it's wild to me they get away with this when the evidence they even encourage scalping behind closed doors is not hard to find. They should be slapped with stupid high fines, but likely they'll get away with it because $$$$.
@paleokitten
@paleokitten 5 ай бұрын
I'm sure that they own the bots
@evilbred974
@evilbred974 Жыл бұрын
Ticketmaster is just the worst. If there ever was a opportunity for an anti-trust breakup, this is it. Break up Live Nation and allow actual competition to flourish.
@matthylkema2717
@matthylkema2717 Жыл бұрын
Competition for ticket resale? I thought scalping was illegal.... tickets should be sold by the venue directly with no middle man
@jasonquigley2633
@jasonquigley2633 Жыл бұрын
I think musicians should form a kind of union to push back against the power of ticketmaster. Especially if they can get the biggest artists to join up (the Taylor swifts of the world) they can force ticketmaster to accept more musician friendly terms. It would not be without precedence, just look at the screen actors guild.
@fark69
@fark69 Жыл бұрын
Swift will not take money off the table or perform more concerts to bring ticket prices down. Guaranteed
@leinonibishop9480
@leinonibishop9480 Жыл бұрын
Pearl Jam tried this in the 90’s (they were one of the biggest selling rock bands on the planet at the time) but no other bands were willing to give up their tour dates with Ticketmaster venues to help fight. PJ tried to keep fighting alone but it didn’t go anywhere.
@jasonquigley2633
@jasonquigley2633 Жыл бұрын
@@leinonibishop9480 Sad, but perhaps the worse things get the easier it will be to persuade other musicians to take action. Also, if anything the music industry is more centred around a small number of artists and record companies. I'd say less than 100 artists are over half the revenue. They alone could swing things, and they're wealthy enough to withstand financial pressure.
@annitaeleanor
@annitaeleanor Жыл бұрын
"$35 is an average ticket price" I LAUGHED SO HARD
@flyer3455
@flyer3455 Жыл бұрын
I paid that much for two tickets to a matinee at the movie theater
@ianism3
@ianism3 Жыл бұрын
yeah, it's probably not actually that far off. the vast majority of concerts are small with ticket prices between $15-25. but in the news you just hear about the tiny number of artists who can fill stadiums and each ticket costs like $200. but it's not reality for most artists or concertgoers.
@annitaeleanor
@annitaeleanor Жыл бұрын
@@ianism3 Probably bc I attend mainly rock & kpop concerts for rather big name artists (at least for their respective scene) & I live here in NYC, but most of my concert tickets are $45 minimum averaging $65 for mid sized venues. You're right tho that in the 2nd hand market it is possible to get $20~$35 tickets last minute before the show, although they may be crappy seats.
@markswan2582
@markswan2582 Жыл бұрын
If you include grade school and community orchestra’s in the artist population, you could maybe get to an average ticket price of $35. For known, name artists, no way.
@minhthuvu611
@minhthuvu611 Жыл бұрын
It's too cheap for a super stadium show
@solracer66
@solracer66 Жыл бұрын
I think it's quite possible that Taylor Swift may have more power over Ticketmaster than the Federal Government. She did force TM to have a "second chance" ticket sale for verified fans who has been offered a pre-sale chance but failed because of glitches/competition to purchase tickets the first time around. I was one of those that got locked out the first time but I did manage to purchase a single ticket (I figured my odds were higher that way) in the second-chance sale which instead of being first-come first-serve was handled more like a lottery (or at least TM said so, who knows what went on behind the scenes). I think Ms Swift should band together with other major concert artists and a different ticketing company or perhaps start one of their own in a similar way to how Charlie Chaplin, Mary Pickford, Douglas Fairbanks and DW Griffith created United Artists. TM is nothing without these major artists so I think only they can have a serious effect on them.
@minhthuvu611
@minhthuvu611 Жыл бұрын
She's even not a billionaire. What is in your mind? Just bc she is biggest artist doesn't mean she can do anything to against capitalism who control the economy
@solracer66
@solracer66 Жыл бұрын
@@minhthuvu611 She has a net worth of $450 million so she is well on her way. After the Eras tour is over I'm betting that will easily be over half a billion and probably more than that. How much would it cost to launch a competitor to Ticketmaster? I'm sure that she has the money, wherewithal and intelligence to pull that off if she decided she wanted to do that. Or she could partner with an existing competitor and pull other big acts over to them. Certainly any of this would be more than our ineffectual Congress can accomplish given it took them a week just to elect a Speaker, lol.
@LDM805
@LDM805 Жыл бұрын
@@solracer66 God love your naivete and enthusiasm.
@soulfireonfire6423
@soulfireonfire6423 Жыл бұрын
@@minhthuvu611 She got Apple to pay Artist for certain steaming they weren’t getting paid for. She told them either Artist start getting paid or I am pulling ALL MY MUSIC.. They did it!!!
@minhthuvu611
@minhthuvu611 Жыл бұрын
@@soulfireonfire6423 they did after 3-4 years she talked to them and the amount of money they pay to artists is very small compare to the money they earn. You can search how spotify pay to artists
@Mxy-ff4zk
@Mxy-ff4zk Жыл бұрын
What a brave thing to do as a small band to speak out
@Yo_Bentley
@Yo_Bentley Жыл бұрын
I’ve been screaming this since 2018. Ticketmaster/Livenation is a scam. They buy up all the tickets & resale them to us. I would only buy a ticket now if the artist sales their own tickets like LANEONE or festival tickets. I would buy Lawrence own self Tickets every time.
@earlgray7003
@earlgray7003 Жыл бұрын
They don't "buy up all the tickets", and they are not scalpers. They are essentially resellers. What you're leaving out is that on average most events don't sell out, some do. What do you think happens when this resellers buy seats that don't sell"?
@alohabobbylaguna1702
@alohabobbylaguna1702 Жыл бұрын
this could work when only when you do not have any real overhead for a smaller production i saw Foghat at Chads bar in Big bear Calif
@radicalrick9587
@radicalrick9587 Жыл бұрын
*Ticketmaster & Live Nation: We did an internal investigation and found that we've done nothing wrong.*
@anisanurraudah8383
@anisanurraudah8383 Жыл бұрын
Seeing how powerful of an artist Taylor Swift really is, can she included "universal health care system" lyrics on her next album please? That woman is BIGGER than music now.
@PhilMoskowitz
@PhilMoskowitz Жыл бұрын
"Give me free stuff!"
@realworldissues
@realworldissues Жыл бұрын
@@PhilMoskowitz how is healthcare free stuff, are you telling me you'd watch another human die because they don't have money for life saving surgery. Aaron do you understand you are only 2 nights from being bankrupted by our healthcare yes you. The ambulance alone is 5-10k. Don't even get me started on cost of the bed a night.
@realworldissues
@realworldissues Жыл бұрын
@@PhilMoskowitz Things that are guaranteed in life is death, taxes and sickness and people like you need a taste to find out why this is important thing.
@nunurbiznis4749
@nunurbiznis4749 Жыл бұрын
@@realworldissues comments like these are from people who hop online to cause fights because they have no lives. It’s not even worth using sense with him.
@realworldissues
@realworldissues Жыл бұрын
@@nunurbiznis4749 good point
@Nighthawk-8050
@Nighthawk-8050 Жыл бұрын
Both live nation and ticket master needs to be broken up but unfortunately that's not gonna happen
@hannahneirman
@hannahneirman Жыл бұрын
I get the nosebleed seats every time I go see Gaga, the kind of seats where you can basically touch the ceiling at United Center and need binoculars. I’m such a sucker to just want to be at the concert. Let’s bring some reformation and not stop until we can see Gaga or Taylor or Beyoncé without getting screwed especially these ticker sellers dumb fees!!! And the nerve of asking if I want ticket insurance!!!!
@thedevilsadvocate5210
@thedevilsadvocate5210 Жыл бұрын
How much is ticket insurance?
@John-rw9bv
@John-rw9bv Жыл бұрын
@@thedevilsadvocate5210 "More than you can afford pal - Ferrari"
@nothanks9503
@nothanks9503 Жыл бұрын
@@John-rw9bv”say pal you don’t look so good”-Maxwell
@jackdonovan554
@jackdonovan554 Жыл бұрын
There's too many people out there who have no idea what a monopoly is, or how it works. They have no idea how it affects their ability to afford things. Maybe they'll start waking- up.
@blaquiere141
@blaquiere141 Жыл бұрын
The sad thing is that over the last decade, Live Nation (LYV) didn't have one single year with positive net income. How can an extreme monopoly be unprofitable ? It's hard to fail that big !
@eschaton2834
@eschaton2834 Жыл бұрын
Because it's a manipulation to avoid taxes and dividends.
@andrewweaver2517
@andrewweaver2517 Жыл бұрын
They make all their money on secondary markets.
@phoenix5054
@phoenix5054 Жыл бұрын
At this point, I expect to see accusations of "money laundering" from financially illiterate people.
@eschaton2834
@eschaton2834 Жыл бұрын
@@phoenix5054 we'll say whatever we want stfu. Lol
@pmb6667
@pmb6667 Жыл бұрын
'Creative Accounting'.
@muthergoose4084
@muthergoose4084 Жыл бұрын
back in my day, we had to line up at the box office to get tickets. then they got hi tech and handed out random numbers which was the order in which you could line up to get tickets. the struggle was real.
@ContrabandBaloney
@ContrabandBaloney Жыл бұрын
Please show me where a concert ticket is $35 on Ticketmaster.
@jaylencalinaw1080
@jaylencalinaw1080 Жыл бұрын
Swifties' collective frustration and outcry are valid and justified because they're not getting just one course meal from Taylor; this time, she will be serving several entrees composed of 3 or more genres spanning multiple albums that date back from her country beginnings. Meaning to say, fans who were not able to enjoy her previous tours will now have the chance to experience them FOR THE PRICE OF ONE. On Eras Tour, people will literally see Taylor perform live in years, hear the songs they've come to love and relate to growing up, and witness her musical evolution.
@rinapop2681
@rinapop2681 Жыл бұрын
I've literally only ever been to a concert twice in my life because the cost of any ticket to a concert is so prohibitively expensive that it would send me into debt. It shouldn't be like this
@neepagummapu
@neepagummapu Жыл бұрын
its interesting that when, we, bts army said this same thing years ago (some time in 2018-2019) no one batted an eyelid but now when it happened to taylor, you all ended up taking action. shows how much america decided to fight against monopoly after it happened to one of their own. doesnt matter if foreign artists go through all that, right?
@DukeICT
@DukeICT Жыл бұрын
Agreed they are a monopoly. We didn’t go to a concert. We went to a local semi pro hockey game and paid $43 in fees on our 3 tickets. The tickets were $30 a piece. Total rip off
@leinonibishop9480
@leinonibishop9480 Жыл бұрын
The resale market is just as big of a problem. A vast majority of the tickets are immediately bought up by bots so they can be flipped and resold for 10 times the price. I managed to get Pearl Jam tickets last fall and the tickets went on sale at $100-200 bucks for the pit. 3 minutes later they were completely sold out. Somehow I managed to get $100 tickets in those first couple minutes (which is still pretty expensive) but I checked back a couple hours later and they had tons of seats available again at $350-2000 for the pit. The mark up continued to get higher and higher as the concert date got closer. And somebody bought those tickets at that crazy price too, because the stadium was packed at the concert.
@HoneyButterBiscuits
@HoneyButterBiscuits Жыл бұрын
Makes it worse is that Ticketmaster profits off of the initial sale and the re-sale. So it's not in their best interest to cap prices anywhere.
@leinonibishop9480
@leinonibishop9480 Жыл бұрын
@@HoneyButterBiscuits yep and the artist only gets a cut of the original sale.
@lubintasevski5985
@lubintasevski5985 Жыл бұрын
Giving Ticketmaster that "Creed" option was simply allowing Ticketmaster to self police with no oversight. It's the same with other industries, like healthcare and pharmaceutical. Laws do not protect people like they should, they protect businesses.
@MIKELIN8
@MIKELIN8 Жыл бұрын
They're robbing artists with the nebulous fees, they're robbing fans with their nebulous fees. Why should the promoter be allowed to be the only one in entertainment to be profitable?
@svenhodaka9145
@svenhodaka9145 Жыл бұрын
I don’t even try to buy tickets anymore. Total ridiculous prices and it spoils the fun of going. Dynamic pricing = gouging.
@movieedits1017
@movieedits1017 Жыл бұрын
I want YG and hybe to launch a ticket distribution survice together. BTS and blackpink tickets gets sold over 10 times the value.
@crm1225
@crm1225 Жыл бұрын
The alternative is having over a dozen apps on your phone to hold tickets, which people also wouldn't like. I have 8 ticketing apps on my phone, which I use almost as frequently as Ticketmaster, and they all have similar fees. People will pay more for convenience
@alanbarber4543
@alanbarber4543 Жыл бұрын
Screw apps, you used to go get in lines at ticket counters to go buy physical concert tickets for the shows you want to see. I have a shoebox full of paper tickets i can hold and reminisce about. It's way better.
@GrandMichigan
@GrandMichigan Жыл бұрын
@@alanbarber4543 Not everyone has the time or physical ability to wait hours in line in different weather conditions for tickets. Most venues also lack the ability to service that much demand. Online is better and more efficient for the vast majority of people.
@johnsamoilis6379
@johnsamoilis6379 Жыл бұрын
@@GrandMichigan The only way to solve this issue is Weighted Lotteries with automatic purchases based on the credit card info provided.
@miamiboarder
@miamiboarder Жыл бұрын
Whenever I decide to see a concert and I see it is sponsored by LiveNation, I simply don't attend. Their service fees are abusive.
@Uplift2023
@Uplift2023 Жыл бұрын
They are crooks. All the BS, "We take these matters seriously...we have a responsibility to do better...we made a mistake" rhetoric is a cop out because they knew exactly what they were doing.
@MrNavidad
@MrNavidad Жыл бұрын
AEG isn't any better as far fees go, I backed out of going to shows over their pricing too. And here in Vegas it's basically just those 2 companies that do the ticketing for the major concerts.
@makatron
@makatron Жыл бұрын
With current tech, bands should develop their own ticket sales platform and bypass them all together. But for big artist is going to be even harder since they need those massive arenas.
@vernonscloset
@vernonscloset Жыл бұрын
I just feel bad for these smaller artists that end up suffering. Crazy.
@elizabethguzman7638
@elizabethguzman7638 Жыл бұрын
In México when bad bunny had a concert in México city, thousands of people were left out, because the over sale tickets, and sold the same tickets twice. Can you imagine how mad people were??
@Tiggaknock
@Tiggaknock Жыл бұрын
I’ll be damned if I cry because I couldn’t pay $1k for a front row seat to see a person sing songs I already know the words to. First world problems.
@michaelmannucci8585
@michaelmannucci8585 Жыл бұрын
And when they don't get what they want, they want the state to use the law to take away people's freedom. You know, cuz "screw the rich" or something.
@hermosaflor10
@hermosaflor10 Жыл бұрын
😂😂😂😂
@vimax3858
@vimax3858 Жыл бұрын
1k isn't front row more like 5k
@Tiggaknock
@Tiggaknock Жыл бұрын
@@vimax3858 even more dumb. $5k was more than my first car when I was in high school.
@vimax3858
@vimax3858 Жыл бұрын
@@Tiggaknock things change unfortunately its not like I support the idiocracy but that is the world right now
@spoileralert3754
@spoileralert3754 Жыл бұрын
The band is hired based on their own set fee (or quote) by the promoter. The promoter can charge whatever they want when selling tickets. The promoters go thru Ticketmaster to sell the tickets and get as much as they can. If bands were to promote their own shows, they'd have to put alot of money up front in booking the arenas. Right now they just show up where they're hired. There's the rub. ☮️
@m.o.n.d.e.g.r.e.e.n
@m.o.n.d.e.g.r.e.e.n Жыл бұрын
worth pointing out that 99% of professional bands dont play arenas
@leinonibishop9480
@leinonibishop9480 Жыл бұрын
Most of the venues have exclusive contracts with Ticketmaster so even if the artist wanted to promote and book their own shows and sell their own tickets they wouldn’t be able to.
@ammaopoku5397
@ammaopoku5397 Жыл бұрын
In the UK we have what is called a competition commission to minimise the impact of organisations such as Ticketmaster monopolising an area of business e.g ticketing
@tiagoquental1029
@tiagoquental1029 Жыл бұрын
Do people remember the 90`s with Pearl Jam cutting relations with Ticketmaster and getting burned?
@leinonibishop9480
@leinonibishop9480 Жыл бұрын
I’m sure it this will be sold to the public as something Taylor Swift discovered and came up with because stunning and brave.
@itsking2u
@itsking2u Жыл бұрын
Every industry should have at least 3 big companies and then 6 smaller companies under them.
@gkitty2827
@gkitty2827 Жыл бұрын
How would you implement that idea within our economy?
@carloconopio6513
@carloconopio6513 Жыл бұрын
It can but there is no want to invest in that field . There are so many billionaires even elon musk can create his on ticket master.
@allsensesfiring
@allsensesfiring Жыл бұрын
I used to work at a ticket printing company back in 1981-1984. It's not that hard selling /printing tickets. We were a pretty small outfit in Kansas City. These bands could hire 4-6 people in their local community to do this for them with laptops and ticket printers.
@rogerricalde2567
@rogerricalde2567 Жыл бұрын
It looks like I'm NEVER going to any more concerts ever again and I'm not the one who is going through this . Enough is ENOUGH
@matrixist
@matrixist Жыл бұрын
I got fed up 30 years ago, lol. How TM can still exist is criminal.
@Wayne_Nero
@Wayne_Nero Жыл бұрын
Great insight into this Ticket Master issue. I hate the idea of an artist getting ripped off. If a Madonna ticket sells for $600 then Madonna should be getting $500 of it, Not $6!
@gi4dtv230
@gi4dtv230 Жыл бұрын
The justice department needs to file an anti trust lawsuit against live Nation and break them up.
@JoeKnowsWorst
@JoeKnowsWorst Жыл бұрын
I find it interesting that no one ever acknowledges the fact that most people, even without any glitches on Ticketmaster’s part, would not be able to get tickets at a normal price for Taylor Swift and Bruce Springsteen, two of the most popular musicians of all time, anyway.. It would be like saying Ticketmaster and their issues was the only reason you couldn’t get a ticket to the Super Bowl or the World Cup 😑
@kiroolioneaver8532
@kiroolioneaver8532 Жыл бұрын
This. Even if there were more companies, not everyone who wants to see those artists live will be able to see them.
@JoeKnowsWorst
@JoeKnowsWorst Жыл бұрын
@@kiroolioneaver8532 yea, and while Live Nation has issues, people can’t sit here and think that everyone who wanted to see Taylor Swift would’ve been able to, it’s not like this is only a recent thing in our history where it’s hard to get a ticket (at a normal price) for an artist that popular…
@kiroolioneaver8532
@kiroolioneaver8532 Жыл бұрын
@@JoeKnowsWorst And it works the other way as well which no one ever talks about. I've seen tickets for concerts go down (sometimes get cancelled) because supply outstrips demand or if a sports team is doing unwell the ticket prices also go down.
@craigcavaliere6744
@craigcavaliere6744 Жыл бұрын
The problem with the Springsteen tickets is the lack of multiple shows in his biggest markets, with the exception of NY/NJ. He's also not playing California apparently because he may be playing Desert Trip. So that meant the tickets would be harder to get. Plus, they went on sale in waves, with the first three shows being in Tampa, Atlanta, and Orlando. Easy for people to fly in for the show. Plus the Miami show is in a smaller venue. All of this drove up demand which gets thrown on top of whatever shenanigans are going on.
@johnsamoilis6379
@johnsamoilis6379 Жыл бұрын
World Cup tickets are not has hard to come by as you may think. Not only that they are fairly distributed and sold using a Weighted Lottery System. Ticketmaster has experience selling tickets this way on behalf of the Mens US national soccer team for its high demand world qualifiers. Since ticket master has a ton of data on its customers and Taylor Swift fans, they could have conducted a weighted lottery with many data points. Positive data points would be (previous purchase of Taylor Swift Tickets and not transferring the tickets to another account and using the tickets, the distance to the venue, users can add in a login for taylor swifts fan club which can be verified, a PSL or season ticket holder in question to the venue can also be added by using a login which can be verified, previous purchase and use of Taylor Swift tickets on the TM provided resale market would be a positive data point as well, the price point and sections in which a person wants to buy a ticket would also be entered before going into the weighted lottery, the more sections and price points a fan selects for potential tickets the greater chance they will win the lottery). Negative data points would be (if an account was used to buy tickets and resell them or transfer them to another account, if the distance to the venue was hundreds/thousands of miles away or outside the nation of the venue) All those data points can be confirmed at put into a lottery with a score assigned to each potential buyer. The higher the score the better the chance of landing face value tickets which would be automatically purchased after the lottery takes place. Also if one buys tickets on TM secondary resale market their score would increase going forward. Those who sell tickets or transfers tickets on that marketplace would receive a lower score as they are more likely to be scalpers. This ensures fans have a fair way of getting tickets. The "Best" fans would have the best chance of getting face value Taylor Swift Tickets. Which for this current tour started a little over 100 plus fees.
@iamjohnporter67
@iamjohnporter67 Жыл бұрын
This is a more of a big deal than Inflation, homelessness, and of course broken healthcare. This is our country people.
@mcoletta6736
@mcoletta6736 Жыл бұрын
It'll never change without a proper audit, or at least the threat of it, of the DoD/Pentagon.
@leinonibishop9480
@leinonibishop9480 Жыл бұрын
It’s not more important than those issues but it is a symptom of the same corruption
@annitaeleanor
@annitaeleanor Жыл бұрын
Imagine being told you were gonna be payed $42 but getting only $6 😱
@hakasonma8588
@hakasonma8588 Жыл бұрын
That’s alright I ain’t seen her go out to feed the poor or dress orphan children, she won’t die $6 @ a million count rate Now if it was your local workers getting stiffed like that, I would expect some form of riot but in 2023 we only seem to protest manufactured crisis oh well, or am I supposed to care because it’s some female being underpaid but no one else would lose sleep on this if it’s male artists losing they money? I mean ironically we only hear one artist name as if no other artist ever had the same issues or still do 😂
@bsboneless1
@bsboneless1 Жыл бұрын
Imagine being told you were going to see a great concert and then finding out its taylor swift 🤮
@codacreator6162
@codacreator6162 Жыл бұрын
I saw Ozzy in 1980 for $10.50. Last arena show I went to, Bon Jovi, cost me $250 to breathe Everest air. Ticketmaster and Live Nation have pushed me out of the live music market. Ditto sports. It’s f*cked up. Stuff we could afford to do in the 80s, we can no longer afford. And that’s not a problem with me, it’s a problem with the system and the BS argument that the market is inherently fair.
@shannonschaerer1010
@shannonschaerer1010 Жыл бұрын
I've HAD to pay for concerts FROM Ticket Master that we're already being sold by other people who paid less for them. I've never fully understood that. Thank You for THIS!! I understand a LOT more now! Absolutely Ridiculous!! Obvious Corruption - but in more messed up ways than I had known B4 watching this. Good Video!!
@FinancialShinanigan
@FinancialShinanigan Жыл бұрын
Crying over tickets but not over lying politicians, sounds about right
@Trtevoorryu
@Trtevoorryu Жыл бұрын
This is more important than the economy and affordable housing apparently
@senselessDesires666
@senselessDesires666 Жыл бұрын
💯💯💯💯💯😂🎯🤔🤔🤔🤔🐭🦐
@IReapZz95
@IReapZz95 Жыл бұрын
I remember when this hit the news. I hope they get sued to oblivion
@madisonruthie
@madisonruthie Жыл бұрын
This was how I felt with StrayKids a year ago! The website crashed one year ago when I want in line to purchase the tickets, luckily the artist offered another concert date but this was the first time getting fishy with ticket master. This was months prior to the Taylor Swift and I purposely didn't even attempt Taylor Swift because I was so traumatized from the experience from straykids in spring 2022. I remember that the ticket price was $150 for nose bleeds then someone bought out all the tickets and resell was over $1000 seconds later of the start of the sale! It ruined concerts for me forever!
@StephieBshort
@StephieBshort Жыл бұрын
The last 4 concerts I considered going to I couldn’t find a ticket less than $150 before fees. Madonna and Shania Twain were charging around $400. It’s so expensive
@timoooo7320
@timoooo7320 Жыл бұрын
This is one thing republicans and democrats should unite against. It's not just that they have monopoly over the market, but they have terrible practices such as the ridiculous fees, and allowing and even encouraging ticket resellers (scalpers) to buy tickets in bulk and resell it elsewhere for many times the original price, while at the same time not allowing regular fans to sell their own ticket on their platform. They're really screwing the fans, the venues, and the artists!
@MrRapmaster19
@MrRapmaster19 Жыл бұрын
The crazy thing is they are. In spite of all the division, the attacks against Ticketmaster are coming from both sides. First congressional hearing saw Democrats and Republicans both attack them for being an unregulated monopoly hurting consumers. Kinda refreshing to see.
@johnsamoilis6379
@johnsamoilis6379 Жыл бұрын
Are their fees really rediculous. They manage tens of millions of customer accounts. They have an app they have to manage. They have created technology which have pretty much eliminated fake tickets as the tickets are now on your phones ticketmaster app and the barcode either rotates or you put the ticket in your apple/google wallet and they use NFC technology to scan the ticket off the wallet. It costs a lot of money to run that infastructure plus they need to make some sort of profit.
@MrRapmaster19
@MrRapmaster19 Жыл бұрын
@@johnsamoilis6379 The issue is less so the fees at face value, and more that literally nobody can compete with them since LiveNation (their parent company) owns a lot of the major venues around the country. Having fees is understandable, the issue is nobody is allowed to compete in that regard, so Ticketmaster can set whatever fees they want and nobody can compete on price, which is awful for consumers. Ticketmaster should've never been allowed to merge with LiveNation in the first place.
@Jm-Gonz
@Jm-Gonz 59 минут бұрын
The government should absolutely break up the ticket master/ live nation monopoly
@jorgeramos9950
@jorgeramos9950 Жыл бұрын
Very well explained and broken down. Thank you for your hard work.
@drizzify7850
@drizzify7850 Жыл бұрын
I can't imagine crying because I was unable to get tickets to a concert or any other event for that matter. I'd be upset but crying into a camera and posting it just seems like something someone would do for some attention. I can't help but see a scene in my head of them instantly stop crying when the camera stops and gets straight to work to edit the clip.
@Slightly_Obsessive
@Slightly_Obsessive Жыл бұрын
Seriously. I’m a Swiftie and yeah I was a little irritated and upset when I couldn’t get tickets (I mean come on it’s the Eras Tour) but these people are clearly unhealthily obsessed with a literal human being lol. They’re out here crying like their grandma just died or something because they couldn’t get tickets💀
@tomevers6670
@tomevers6670 Жыл бұрын
You’re not a loser, they are
@MegaMango00
@MegaMango00 Жыл бұрын
one girl had spit coming out of her mouth why post that lol
@_A4A
@_A4A Жыл бұрын
As of Friday, February 3rd, 2023 this video has had over 322K views but only 779 comments about a very serious issue, unfair, unlawful and corrupted corporation "Ticketmaster" mistreating not only the Artist & Bands we love to see and listen to, but taking full advantage of and ripping off all the fans worldwide that support the Artist & Bands!... How has nothing been done about this and why hasn't it garnered a hell of a lot more attention - just INSANE!.... 🤯
@crystalwynn3910
@crystalwynn3910 Жыл бұрын
How can scalping sites post tickets for sale at $6,000 for a floor seat 2 weeks BEFORE they even go on presale sale? That should not be legal.
@TheVisualante11
@TheVisualante11 Жыл бұрын
Live Nation owns not only large venues they own small venues. Its simple live nation needs to sell all venues. All venues large and small can simply sell their own tickets. No reason for venues to use anyone else's ticket programs. There is no Need for Ticket-Tron-Ticket Master.
@sarge-T.O.
@sarge-T.O. Ай бұрын
Sitting at your computer does not count as "waiting in line for concert tickets." The lady with the Springsteen joke killed me.
@Houman7
@Houman7 Жыл бұрын
It’s sad and embarrassing to see people crying because of whatever singer or event yet at the same time no one gives a damn about homeless, firearms, healthcare or even housing. No wonder why this country is falling at the speed of light!
@handlealreadytaken
@handlealreadytaken Жыл бұрын
This is such a life and death thing that I'm glad congress is on it.
@thepearlswirl
@thepearlswirl Жыл бұрын
😂
@montiro8999
@montiro8999 Жыл бұрын
Do you really think they care ?
@arsx4948
@arsx4948 Жыл бұрын
Ticketmaster has been a problem for a long time now. Nothing has been done to resolve this.
@Denverian
@Denverian Жыл бұрын
I wanted to go to a popular kpop concert in other state, and it was going to cost me a similar cost had I went to Korea and go to their concert instead. Prepping to go to Korea...
@temari55hatake
@temari55hatake Жыл бұрын
Kpop concert tickets have always been a nightmare I remember for Twice they were stupid expensive so were Ateez
@temari55hatake
@temari55hatake Жыл бұрын
But have fun in Korea!
@darlinnikki9514
@darlinnikki9514 Жыл бұрын
Top artists need to pool their money together and purchase their own venues. United Artists was a movie company started by actors.
@arun279
@arun279 Жыл бұрын
Why Live Nation And Ticketmaster Dominate The Live Entertainment Industry? Because it's an unregulated monopoly.
@Steven-xf8mz
@Steven-xf8mz Жыл бұрын
If only tickets are sold with name and dob attached such that they can't be resold by another entity other than authorized sellers.
@Cier433
@Cier433 26 күн бұрын
When a monopoly is formed, the only way to combat it is to regulate it to allow competition, which in this case should prohibit Live Nation and Ticketmaster from making exclusivity contracts and splitting up the company.
@brydenmacdonald2561
@brydenmacdonald2561 Жыл бұрын
Taylor happens to be a genius. She will think of something and I think it'd be wise for you all to listen. Maybe tickets day of, cash only, 4 max per customer, venue only, extra localized show locations. Let the venues bid on hosting her. Let that girl take a damn nap between shows and dates too for cripe sake and lip sync if she wants maybe even let the fans perform instead and judge their talent. She needs something to write about. Not scalpers and bots. If you're caught scalping a ticket registered or not to your id, which you'll have to furnish with the members/guests in your party to attend, maximum prison sentence or you have to live in a tent homeless for five years. You know? Like why does everyone have to capitalize off of one another? We've really got no other life we'd rather be living? Yikes. This currency stuff is so turnt and burnt out. If you stopped wearing her out with stress, she'd probably love to perform more intimate shows for you. If you miss one, don't worry, another one will come along. In the meantime, create your own love story. I can't stand that we taught AI to steal, hoard, and scalp. Who does that?!?
@ronjeremy9648
@ronjeremy9648 Жыл бұрын
I stopped going to events because of the high made up fees
@Crakmonkey691
@Crakmonkey691 Жыл бұрын
People vote with their wallets all the time everything that Live Nation and Ticketmaster are doing is because people are voting with their wallets to do it. If people banded together and stop buying tickets from Live Nation completely they would change their prices they would change their practices. It doesn't matter what people say what matters is how they vote with their money.
@m.o.n.d.e.g.r.e.e.n
@m.o.n.d.e.g.r.e.e.n Жыл бұрын
true but not everyone wants to form a union or gang every time they wanna buy a ticket though. for ticket master this is their life's work but for everyone else going to a concert is a once a month thing at most. it's not the same
@boong0006
@boong0006 Жыл бұрын
It will never happen!
@thedude7319
@thedude7319 Жыл бұрын
sometimes having two options is better than a monopoly for those in power, so they know not to interfere with each other
@cybersteady
@cybersteady Жыл бұрын
Difference between google and ticketmaster is that google provides a actual good service and as a result earned its market share while ticketmaster provides one of the worst services ever and cornered the market to price gouge. Ticketmaster is a price gouging machine. This is the problem.
@m.o.n.d.e.g.r.e.e.n
@m.o.n.d.e.g.r.e.e.n Жыл бұрын
and anyone can set up a search engine tomorrow and be off and running. google dont exclusively own the info on google. in fact, the opposite. was super weird they actually tried to compare it to google
@dialmstyle
@dialmstyle Жыл бұрын
I’ve noticed Ticketmaster collects fees once when the ticket is sold, and then again when it’s resold through Ticketmaster. That is shady. I would rather not go.
@gritsngranola
@gritsngranola Жыл бұрын
So glad I went to concerts in the 70's! I remember in 1974 Day On The Green seeing Gary Wright, Fleetwood Mac (pre Stevie Nicks & Lindsay Buckingham), Dave Mason, Peter Frampton & Robin Trower for $8!!! I do believe it was a Bill Graham Presents. Those WERE the daZe LOL LOL LOL LOL
@thegreenraiden
@thegreenraiden Ай бұрын
The answer is clearly we the people. Government intervention is a lengthy process that doesn't guarantee change. The quickest way to change is to have the people stop pirchasing tickets all together until they change. We literally have the power to change this, yet we dont. That says a lot about us as consumers.
@karrenpopovics2780
@karrenpopovics2780 Жыл бұрын
Shania Twain tickets are $350 to $2500 in Syracuse NY!! In July 2023 thru Ticket Master!!
@cyberpunked77
@cyberpunked77 Жыл бұрын
Now monopolies are not ilegal in the US? Is this correct.
@Michaeloh43
@Michaeloh43 Жыл бұрын
When I was a young man in the eighties concerts were 10$ and we were flabergasted when they jumped to 12.50 a ticket. I believe that would have been about two hrs or wages. Now a ticket is like 200$ which equals over 10 hrs of wages. I cant beliieve ppeople pay this! I have not seen a live concert in like 20 yrs because I am not a rich man. Concerts are only for the rich now. Sad world of corporate greed we live in beings pinched by every greedy corporation. Sad. glad I never brought babies into this horrible greedy world.
@DSheartlady
@DSheartlady Жыл бұрын
this is unbelievable there was a time when a concert ticket was 12.00 yesTWELVE DOLLARS! as a fan of NEIL DIAMOND i followed him all the way from 1976 till the last concert in 2018 the expense is staggering it was much easier when i went to the venue and bought the ticket i was happy camping out and proudly receiving the treasured ticket now its a dog eat dog a jungle of trying to get tickets it was at one time in the beginning first come first serve now its scalpers who receive the tickets first even though there is a limit that didnt help no true fan likes this my sympathies go out to the taylor swift fans it isnt fair but you still have to put up with these people who do this big scam ticketmaster should be ashamed but they arenot i wish it would go back to the beginning buy the ticket at the venue 🙂
@Lybrel
@Lybrel Жыл бұрын
GO TAYTAY. TicketBastard changed my friend and I's first baseball experience ($300) from great seats to behind a concrete pillar for no reason. You go TayTay and end the TicketBastard monopoly
@tira2145
@tira2145 Жыл бұрын
Why is this any of the government's business? This is a private matter between adults and businesses. Nobody needs to go to a event or concert. Millions of Americans are living in poverty and can't afford to eat. When will they have hearings on that?
@Lybrel
@Lybrel Жыл бұрын
@@tira2145 "can't afford to eat" 😂 $271 person is $9 a day. What are you buying, crab legs for breakfast? Stop lying. Nobody is starving in America with $9 a day. Source: volunteer at a food bank. Also mysteriously obese starving people.
@alooga555
@alooga555 Жыл бұрын
People call Ticketmaster as Ticketb*stard for a reason.
@JasonBryantGreen
@JasonBryantGreen Жыл бұрын
Like y’all really recorded yourselves crying about not getting tickets.
@Look_its_izzy
@Look_its_izzy Жыл бұрын
Are we still not talking about AWS servers. Amazon is holding a monopoly on data
@TinLeadHammer
@TinLeadHammer Жыл бұрын
Companies choose to use AWS, even AFTER the reports they share PPI with the government.
@phoenix5054
@phoenix5054 Жыл бұрын
Microsoft also have Azure. AWS is not a monopoly.
@ieatdirtandgrass
@ieatdirtandgrass Жыл бұрын
The difference is that companies have a choice between cloud servers but the artists and fans have no choice between the ticket service
@siamimam2109
@siamimam2109 Жыл бұрын
Now I understand why artists sell merch after the concert 😢
@BRO-HI808
@BRO-HI808 Жыл бұрын
Yes, but sadly, TM/LN takes a cut of that too. The band Lawrence mentioned they take 20% of their merch sales. I've also hear other artist say the same thing in other vids, although the % taken varied. Unless you're one of the top tier acts, it's tough to be a musician.
@maurreese
@maurreese Жыл бұрын
It is a monopoly clear and simple and needs to be broken up! Thousands of dollars for a ticket is insane.
@bobbg9041
@bobbg9041 Жыл бұрын
If I were the artist I'd sue Ticket Masters for 80% of all junk fees collected. That cash should go to the performers not a ticket company.
@Liefpj
@Liefpj Жыл бұрын
I dont go to top tier shows. But I would always get floor tickets and pay avg of $50-60cdn. My outlier was Wu Tang for $150 floor. I have noticed that it is higher now. 50% more.
@0900McShizzle
@0900McShizzle Жыл бұрын
Can someone please help explain What’s stopping another software company from starting a ticket service. Seems like a very straightforward service that any decent company can build
@bunnyniyori5209
@bunnyniyori5209 Жыл бұрын
Maybe I'm mistaken, but what happened to Microsoft? Was it a dream? Why has it not happened to Live Aid /Ticketmaster? It happened in 2010. Last I checked, that was 12 YEARS ago. I never knew this was an issue, but I never go to concerts. I knew it was an issue for Microsoft though. What changed?
@ktktktktktktkt
@ktktktktktktkt Жыл бұрын
11:03 "You can't have a dinner for [$35]." Is he completely out of touch with the average person? Has he deluded himself so much that he thinks his average meal cost is the average cost of the average American? You can have 3 low cost dinners for that price and have a bit of money left over. If you cook it yourself or even depending on how much you eat, you can get considerably more out of $35.
@kristinchong629
@kristinchong629 Жыл бұрын
Its kinda sad how even this news story is marketed there's so much more at stake. Like what does it say about artist making music, having venues, and even beyond what I know, what does that say for what apps are and what it says about marketing like does it own Taylor swifts likeness. Like its weird it should be more about power grabs from web2 to web3 and all the shady businesses exploiting people who just really like something or like if you think like why kpop is like a thing we have to deal with manufacturing fandom.
@adampatterson
@adampatterson Жыл бұрын
Interesting how Live Nation settles with the Government but that doesn't do anything at all for the people affected...
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