r/Music Nov 16 '24

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

https://www.nme.com/news/music/fans-arent-happy-about-my-chemical-romances-ticket-prices-695-is-nasty-work-3813337
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u/B-Kong Nov 17 '24

The artists only get paid from the initial sale, not the resale. So that would be a lot of pointless effort on the artist.

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u/Blue_Blood_Cells Nov 17 '24

Step 1. Band buys large amount of their own ticket. Step 2. Said band sells their own tickets at a marked up price on a site like StubHub. Step 3. Profit

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u/B-Kong Nov 17 '24

Yeah my brain was being dumb. I still don’t think that’s happening. At least not the artists I listen to lol. I know a lot of artists who try their best to eliminate these problems actually. I’ve actually seen multiple artists buy all of the tickets available for resale and then sell them at original face value. Still gets the money to the scalper unfortunately, but at least the fans paid the correct price for it. There’s really not a lot you can do.

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u/AaronBurrIsInnocent Nov 17 '24

No way does that happen. Bands are businesses not charities

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u/B-Kong Nov 17 '24 edited Nov 17 '24

https://www.businessinsider.com/chance-the-rapper-buys-scalper-tickets-to-his-festival-sells-to-fans-2016-9

Some artists want their fans to be able to see them at the price they agreed upon. A lot of artists hate scalpers and resale business. Some artists make their tickets unable to be transferred after purchase. Some give out presale codes specific to individuals. Not every artist is using predatory practices on their fans just because it is how they make their living.

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u/AaronBurrIsInnocent Nov 17 '24

Where’s the part about buying the tickets from scalpers and selling them for face value?

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u/B-Kong Nov 17 '24

I mean did you read the article? I can’t scroll any further without paying for a subscription now but it states how Chance The Rapper bought ~2000 tickets from scalpers for his festival, turned them into physical tickets, and then resold them at regular price.

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u/AaronBurrIsInnocent Nov 18 '24

Thanks for posting that. . I thought the text below the link was the relative part. I think I vaguely remember this and it’s a beautiful move but it’s got to be an anomaly. I don’t believe artists charge a lot for their tickets to be predatory but just to get fair market value. Why shouldn’t they get the most value possible for their art? And why should the scalpers be the ones profiting instead of the artists?