booksreddit.com:Ticket Masters: The Rise of the Concert Industry and How the Public Got Scalped

Ticket Masters: The Rise of the Concert Industry and How the Public Got Scalped

918

Ticketmaster charging $55.80 service charge on a $75 ticket. Sure, that seems totally reasonable.
Ticket Masters chronicles the as-yet-untold story of the modern concert industry, revealing the origins, development and ongoing strategies of companies such as Ticketmaster, Live Nation and StubHub and the efforts of numerous independent competitors. With over 100 exclusive interviews along with many previously unreleased documents, this character-driven book explores the actions and impact of the iconoclasts guiding these companies while folding in related tales of scalping syndicates, old-…

More about the book on Amazon

Most upvoted comment

Top rated Music books on Reddit rank no. 35

Ticketmaster charging $55.80 service charge on a $75 ticket. Sure, that seems totally reasonable.(r/Music)

As an engineer and business owner of a ticketing company, man does this topic get me going. I’ll recommend a book called Ticket Masters: Rise of the concert industry… (www.amazon.com/Ticket-Masters-Concert-Industry-Sca…)

I’ve made it a near purpose in my life – because I believe that the way these guys do business is fundamentally unsustainable. It’s all about back-door business deals – contracts – it’s never been about an end to end experience for the fan.

I guess the thing I’ve learned is that you can’t beat TM at it’s own game: money. You see all these ticketing companies pop up, eventbrite, ticketfly … they’re all raising massive amounts of capital. To do what? Buy business – the same way ticketmaster does.

I don’t have the answer yet, but I’m working hard to offer an alternative, based on a product vision and staying as lean as possible (funding it myself, living in a closet). Piece by piece I’m hand-building a product to compete. I ticketed my universities annual festival (6,000 people, UBC in Vancouver BC)… offering features such as one-tap ticket purchases via an app, instant ticket transfers to friends (using email, phone number, or facebook). I have to charge a ‘convenience fee’ to survive – as it’s simply the industry standard – but eventually I want to be able to offer my product as a service, paid for by my venue/event clients, NOT the end consumer. I believe that is the base for a healthy business relationship

tl;dr the business of professional event ticketing is America’s great monopoly, I am trying to fix it.

Also, Live Nation loses money. They won’t be around much longer, in my opinion. Until they pass the shit-baton to the next person

Permalink

More details about a book.

Additional Information

Subreddits

reddit.com,Music

Number Of Links

4

Sum Of Upvotes

638

Amazon Price

$11.91

Book Binding

Hardcover

Type Code

ABIS_BOOK

Book Author

Dean Budnick

Book Publisher

ECW Press

Book On Amazon

Ticket Masters: The Rise of the Concert Industry and How the Public Got Scalped

Post Title

Ticketmaster charging $55.80 service charge on a $75 ticket. Sure, that seems totally reasonable.

Reddit Gold

0

Post Permalink

/r/Music/comments/1j03gn/ticketmaster_charging_5580_service_charge_on_a_75/

More about the book on Amazon