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Did you sell any concert or event tickets on an online resale site such as StubHub or Ticketmaster in 2023? Many Americans did — StubHub reports that 83% of ticket sellers for U.S. concerts on ...
Online ticket brokering is the resale of tickets through a web-based ticket brokering service. Prices on ticket brokering websites are determined by demand, availability, and the ticket reseller. Tickets sold through an online ticket brokering service may or may not be authorized by the official seller. Generally, the majority of trading on ...
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 ...
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]
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.
Ticketmaster still has 170,000 Taylor Swift Eras Tour tickets after its canceled general sale for the tour. Here's how it plans to handle selling them. Ticketmaster still has 170,000 Taylor Swift ...
Ticket exchange. A ticket exchange, also known as a secondary ticket outlet, is a market where tickets are bought and sold. Ticket exchanges allow people to buy and sell tickets online. Typically, ticket exchanges are used by individuals wanting to buy or resell tickets from other individuals rather than from the event the ticket is for.
Ticketmaster has not returned multiple requests for comment, and the filing did not confirm the scale of the hack. The potential hack adds to a tense year for the ticketing giant.