How The Taylor Swift Debacle Fueled The Ticketmaster Monopoly Debate 

I think they needed to see faces. See people being upset. It's harder to ignore the money they aren't getting in taxes.

@@artchick07 dude they don't care about people. Only about money

Nah, ticket master is a lvl 1 crook . Healthcare industry is lvl 100 boss

It would be better if they cry about the housing prices, immigration and firearm regulations as well

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 .

welcome to america. Our taxes work exactly the same way.

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

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

Maybe someone should start a ticket selling company and break up the monopoly. The government can’t do that.

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.

Of course since it affected all the politician's grandchildren.

the power of taylor swift needs to be studied. the music industry.

Taylor swift for president 2024

Music is the universal language.

Taylor Swift indirectly brought both Republicans and Democrats together is a cultural reset itself 😂

👌🏼👌🏼👌🏼👌🏼

Amen 😂😂😂 period save ur money

You made the smart decision.

Love that energy you want to see a concert well that's what RU-vid is for right hahah

Does ticketmaster charge high fees on all tickets?

Yes, exactly!!! That merger should have never been allowed to happen.

I paid that much for two tickets to a matinee at the movie theater

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.

@@iansteelmatheson 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.

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.

It's too cheap for a super stadium show

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

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

Lies again? SIS TIC

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.

@@michaelwang6125 Ticketmaster does not earn more from concerts than any singer. Period

Competition for ticket resale? I thought scalping was illegal.... tickets should be sold by the venue directly with no middle man

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 ..

@@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.

@@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.

@@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.

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.

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 $$$$.

Rats

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.

Who the fcuk buy tickets without seeing price upfront.!

@@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.

Swift will not take money off the table or perform more concerts to bring ticket prices down. Guaranteed

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.

@@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.

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

@@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.

@@solracer66 God love your naivete and enthusiasm.

@@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!!!

@@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

"Give me free stuff!"

@@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.

@@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.

@@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.

@@nunurbiznis4749 good point

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"?

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

Because it's a manipulation to avoid taxes and dividends.

They make all their money on secondary markets.

At this point, I expect to see accusations of "money laundering" from financially illiterate people.

@@phoenix5054 we'll say whatever we want stfu. Lol

'Creative Accounting'.

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.

@@HoneyButterBiscuits yep and the artist only gets a cut of the original sale.

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 😂

Imagine being told you were going to see a great concert and then finding out its taylor swift 🤮

How much is ticket insurance?

@@thedevilsadvocate5210 "More than you can afford pal - Ferrari"

@@John-rw9bv”say pal you don’t look so good”-Maxwell

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.

@@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.

@@RandomMichiganGuy The only way to solve this issue is Weighted Lotteries with automatic purchases based on the credit card info provided.

I’m sure it this will be sold to the public as something Taylor Swift discovered and came up with because stunning and brave.

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.

😂😂😂😂

1k isn't front row more like 5k

@@vimax3858 even more dumb. $5k was more than my first car when I was in high school.

@@Tiggaknock things change unfortunately its not like I support the idiocracy but that is the world right now

I got fed up 30 years ago, lol. How TM can still exist is criminal.

It'll never change without a proper audit, or at least the threat of it, of the DoD/Pentagon.

It’s not more important than those issues but it is a symptom of the same corruption

How would you implement that idea within our economy?

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.

💯💯💯💯💯😂🎯🤔🤔🤔🤔🐭🦐

worth pointing out that 99% of professional bands dont play arenas

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.

😂

Do you really think they care ?

Kpop concert tickets have always been a nightmare I remember for Twice they were stupid expensive so were Ateez

But have fun in Korea!

Have they tried doing more shows? An afternoon and evening performance on each date just like musical theater

@@duane_313 Another option would be for Taylor to get a 2 year gig at a Las Vegas venue (like Celine at Ceasars Palace) At 5 shows a week she could clear some of the backlog, give her fans what they want and still make a ton of money. 🤑

yeh i mean is taylor swift 2 million times better than a local artist. in some ways the three major labels act not dissimilarly to LN/TM

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.

This. Even if there were more companies, not everyone who wants to see those artists live will be able to see them.

@@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…

@@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.

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.

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.

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💀

You’re not a loser, they are

one girl had spit coming out of her mouth why post that lol

Honestly ridiculous and how stupid people are to buy them because they're desperate to see the artist. Sadly, I doubt anything will be done.

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.

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.

@@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.

No you can’t.