The Lie That's Destroying the Economy
vid.puffyan.us
This one story explains why everything from Taylor Swift to Tyson Chicken is so f-ed up. SUPPORT ON PATREON - http://patreon.com/adamconover SEE ADAM LIVE - http://adamconover.net/tourdates SUBSCRIBE TO FACTUALLY PODCAST - http://link.chtbl.com/factually SOURCES: TicketMaster dominates the live event industry with threats: https://nyti.ms/2uIOK3O Springsteen vs. LiveNation https://bit.ly/2tBOEHD TicketMaster merger is waved through by Obama admin: https://nyti.ms/3RXcnMK TicketMaster retaliating against venues: https://ampr.gs/3I2fIpu AT&T / TimeWarner merger was a disaster: https://nyti.ms/3YTYRfr WBD to cut 3 billion in budget https://bit.ly/3Yz478u Animation cut from HBO Max https://bit.ly/3K1X1Vw HBO Max price increase: https://bit.ly/3XrP1QB Americans have no choice in internet provider: https://bit.ly/3HRZU8E Matt Stoller's amazing piece on the cheerleading monopoly Varsity: https://bit.ly/3RWJjVU Tyson mistreating chickens: https://wapo.st/3lCESDk Meatpacker profits skyrocket: https://reut.rs/3I2t98D Income inequality graphs: https://bit.ly/2FvT7Rg Judges flown to free market seminars: https://bit.ly/3I3D9P2 Monopolies in every industry: https://bit.ly/2ShvykF Monopolies lead to inequality: https://bit.ly/3xl11sr Gov't blocks Penguin merger: https://reut.rs/3Iot2Wr DOJ investigating TicketMaster: https://nyti.ms/3IpD7mf

I’d love ro hear everyone’s thoughts on this!

  • HappycamperNZ@lemmy.world
    8·
    7 months ago

    Completely correct. 10k tickets, the top 10k people who are willing to pay the most get tickets. Any attempt to break this and push to a lower price just means that there is a market gap that can be filled by buying low and selling high. Im a big believer that high demand tickets should have a name on them with ID required - want to sell they go back to retailers at cost.

    She also tried a points system - follow on insta, buy merch, buy CD, get points towards early access so actually fans get tickets for a lower price. She got done for favoritism.

    • bionicjoey@lemmy.ca
      4·
      7 months ago

      She also tried a points system - follow on insta, buy merch, buy CD, get points towards early access so actually fans get tickets for a lower price. She got done for favoritism.

      There really is no winning once your fanbase grows over a certain size. That’s why I prefer to go see only C-list or locally/regionally famous artists live rather than trying to go see A-listers live.