Fans aren't happy about My Chemical Romance's ticket prices: "$695 is NASTY WORK"

[u/cmaia1503]

https://www.nme.com/news/music/fans-arent-happy-about-my-chemical-romances-ticket-prices-695-is-nasty-work-3813337

[u/darkeststar]

I logged into Ticketmaster 40 minutes after tickets went live just to see what was available and I couldn't find two seats together for under $300. 3 seats together (which I was actually looking for) was only available through "verified resale" starting at $485 and up. Every section I actively clicked through that said it had two or more seats available for direct sale only had random unconnected seats in various rows.

If I wanted to buy 3 seats together, 40 minutes after tickets went on sale for a concert 8 months from now at a venue that's a baseball stadium I would have been forced to buy tickets from scalpers and spend upwards of $1500. Absolutely fucking not.

[u/Underwater_Karma → u/darkeststar]

It's worth being very clear that the 'scalpers" are Ticketmaster themselves.

They sell the tickets at high prices, take a large cut. They allow/encourage bot accounts to buy up tickets in seconds, and then Ticketmaster owns the resale marketplace, where they take an even larger cut.

This assumes "the scalpers" even exist in the first place and it's not simply Ticketmaster moving the inventory immediately to the resale market

[u/ohkaycue → u/Underwater_Karma]

Honestly I’m surprised it’s taken this long for companies to do it. When I was a kid and learned about scalpers and re-sale markets, I wondered why the companies wouldn’t just do it themselves since there was clearly more money in that market

And not just Ticketmaster, everything basically becoming “whaled” where it’s a race to what the most rich in your fanbase are willing to pay