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Did you sell any concert or event tickets on an online resale site such as StubHub or Ticketmaster in 2023? ... but sold fewer than 200 items, the platform is not federally required to report your ...
A ticket bot is a software program that automates the process of searching for and buying tickets to events on ticket vendor platforms, such as Ticketmaster. Using bots, a broker can automate the process of searching for and buying tickets so that it happens in a flash, and conduct hundreds or even thousands of transactions at the same time.
As of 2016, ticket resale was Ticketmaster's fastest growing business. [47] In 2022, Ticketmaster was experimenting with a demand-based, dynamic pricing which would vary the ticket price based upon demand. The new system is touted to give artists a higher share of the revenues that would otherwise be coming through resale ticket sales. [48]
Ticket resale is common in both sporting and musical events . Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket ...
The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees. The ...
If you’re desperate to see a popular artist whose concert tickets are sure to instantly sell out, you may be tricked into buying tickets from an online marketplace before they officially go on sale.
The airlines enforce the scheme by enforcing a no resale policy on the tickets preventing a tourist from buying a ticket at a discounted price and selling it to a business traveler . Airlines must also prevent business travelers from directly buying discount tickets.
Ticketmaster canceled its general public sale for Taylor Swift’s “Eras Tour” tickets on Thursday. Here’s how that impacts AT&T Stadium, who doesn’t use Ticketmaster.