Quote:
Originally Posted by Adje
atm same is going on here in the Netherlands. Apparently Seatwave, which is a compagny owned by Ticketmaster, is getting all the great seats and selling them for ridiculous prices. Fans can't manage to buy those seats by ticketmaster because they are gone before official sale starts.
Of course Ticketmaster is denying that they reserve the tickets for Seatwave 
Dutch politicians are looking into the matter to see if something can be done about it.
It's a long existing problem but it got 'hot' news here with ticketssales for the Adele concerts |
It actually may not be Ticketmaster funneling the tickets to the secondary market as much as it is the promoters, who then sell them themselves (Stubhub doesn't actually sell tickets, they are the marketplace and take a percentage as fees) and pocket the profit. No doubt the number of tickets the promoter receives is negotiated in the tour contracts.
Here's an interesting post on Reddit from someone who claims he used to work for a ticket broker:
https://www.reddit.com/r/Music/comme...curing/cxvsniz