Skip to content

Buying Tickets In New York Is A Rigged Game? Wow, Thanks Attorney General, What A Shocker

AG

In what must be the stupidest expose ever, Attorney General Eric Schneiderman has announced that about 50% of tickets to locl events never reaches the public. No? Really? What is he going to tell us next?

Anybody who ever plays the ticket game in New York City knows its rigged, how can 150,000 tickets instantaneously sell out? How else, more like.  But how about these numbers: “The report cited a single broker buying 1,012 tickets within one minute to a U-2 concert at Madison Square Garden when they went on sale on Dec. 8, 2014, despite the vendor’s claim of a four-ticket limit. By day’s end, that broker and one other had 15,000 tickets to U2’s North American shows.”

Also,

“Venues and sellers like Ticketmaster regularly tacked on fees that added more than 21 percent to the face value, investigators said. They found that on average, 16 percent of tickets are reserved for various industry insiders like the venue employees, artists and promoters, while 38 percent are reserved for presales to certain groups like holders of a particular credit card.”

It is interesting to see the complete indifference of the artist to this gargantuan rip off, mostly because they are in on it as well.

 

Here is Associated Press’ Michael Vertanen, to break it down.

 

Attorney General Eric Schneiderman said in a report released Thursday that his investigation of the industry was prompted by consumer complaints, which his office receives regularly.

“Ticketing, to put it bluntly, is a fixed game,” the report said. Investigators found abuses and practices that prevent consumers from buying tickets at affordable prices or sometimes even getting them at all.

Investigators found that third-party brokers resell tickets on sites like StubHub and TicketsNow at average margins of 49 percent above face-value and sometimes more than 10 times the price. Some brokers use illegal specialty software, called “ticket bots,” to quickly purchase as many desirable tickets as possible for resale at significant markups, they said.

The report cited a single broker buying 1,012 tickets within one minute to a U-2 concert at Madison Square Garden when they went on sale on Dec. 8, 2014, despite the vendor’s claim of a four-ticket limit. By day’s end, that broker and one other had 15,000 tickets to U2’s North American shows.

A call to Madison Square Garden was not immediately returned Thursday.

Venues and sellers like Ticketmaster regularly tacked on fees that added more than 21 percent to the face value, investigators said. They found that on average, 16 percent of tickets are reserved for various industry insiders like the venue employees, artists and promoters, while 38 percent are reserved for presales to certain groups like holders of a particular credit card.

Ticketmaster did not immediately reply to a request for comment.

The report also criticized “price floors,” particularly by sports leagues and teams including the NFL and New York Yankees, which are rules meant to prevent tickets from being sold below their face value and that deprive the public of possibly cheaper tickets. Many NFL teams encourage or even require ticket holders to use Ticketmaster’s NFL Ticket Exchange platform, where the seller is prohibited from cutting the price.

“The more aggressively sports leagues and individual teams push ticket buyers and sellers to use their ‘official’ secondary markets, the more serious this problem becomes,” the report said.

“This investigation is just the beginning of our efforts to create a level playing field in the ticket industry,” Schneiderman said.

The attorney general also has reached settlements with two ticket brokers operating without a reseller license. The settlements require one company to pay $80,000 and the other $65,000. They and their principals also must maintain a license.

The attorney general’s office issued a report more than 15 years ago that found New York’s ticket distribution system was largely underground and provided “access to quality seating on the basis of bribes and corruption at the expense of fans.”

Thursday’s report said that despite changes in technology and state law, the problems persist, and event ticketing is the great exception to areas of the economy where online sales have yielded lower prices and greater transparency.

Leave a Comment





Amazon_Smile_logo
LET-ME-HELP-LOGO

Support Let Me Help Inc by shopping at smile.amazon.com

The Daisy Jopling Band To Perform “Who’s Who” At The Transfiguration Church In Tarrytown, NY Sunday May 12th, 2024 7 PM ET

By admin | May 9, 2024 |

The Transfiguration Church in Tarrytown, New York Presents “Who’s Who”, original violin arrangements of iconic songs by The Who performed by the Daisy Jopling Band featuring the Sleepy Hollow High School Chamber Orchestra on Sunday, May 12th, 2024. Location: Transfiguration Church 268 South Broadway Tarrytown, NY 10591 United States Tickets are $25 and can be…

Cyborg Drummer/DJ DRMAGDN Headlining Montauk Music Fest

By admin | April 9, 2024 |

Major Label BMG Records Artist & Producer DRMAGDN Cyborg Drummer / DJ will be making his Montauk Music Fest debut this year in May. DRMAGDN will be the Official Host & MC of The Montauk Music Fest plus play headlining sets on Friday 5/17 and Saturday 5/18 from 10pm-12am at Gurney’s Montauk Resort (290 Old…

RED CARPET EVENT @ Chelsea Table & Stage 4/12/24 Featuring THE AMERICAN RELICS & DRMAGDN

By admin | March 25, 2024 |

On Friday April 12th, 2024 beginning at 6:30 pm ET  there will be a Red Carpet event pre-show sponsored by Tribeca Records at the trendy nightspot Chelsea Table and Stage located in the heart of Chelsea at 152 west 26th street (inside the Hilton Fashion Hotel) in NYC. The Red Carpet will be followed by…

Live Review: Composer Randy Edelman Live at Chelsea T&S “2nd Annual St. Patrick’s Day Massacre” 03/16/24 and Record Release in NYC

By admin | March 17, 2024 |

There was an infinite vitality of velvet green flowing deliciously through the air as Composer Randy Edelman presented his 2nd Annual St. Patrick’s Day Massacre at the trendy new nightspot Chelsea Table & Stage in the heart of NYC on March 16, 2024….. a vivacious close to the spirited Irish Parade. His music is the…

DRMAGDN: Cyborg Drummer/DJ Debuts @ Chelsea T&S With Retro 80’s Party & Red Carpet Event 4/12/24

By admin | February 29, 2024 |

BMG recording artist, producer and World renowned, Global Touring Electrifying Powerhouse, DRMAGDN: Cyborg Drummer and DJ will make his debut at the popular, trendy night spot Chelsea Table & Stage (located at 152 west 26th street inside the Hilton Hotel) on  Friday April 12, 2024 @ 9:00PM. DRMAGDN will be celebrating his high energy brand of Electronic Dance Music (EDM)…

Going Steady: New Singles 2-23-24- 2-29-24 Reviewed

By Iman Lababedi | February 26, 2024 |

dance pop, gooey confection

US Top Ten Albums Tracking 2-16-24 – 2-22-24

By Iman Lababedi | February 26, 2024 |

75K EAUs is abysmal

Our Friend Tony Orlando’s Farewell Tour

By admin | February 25, 2024 |

“I still hit the ball, I just can’t run the bases!!!”

Sneak Peaks: New Album releases 3-1-24 – 3-7-24

By Iman Lababedi | February 25, 2024 |

contenders for the best punk rock around

Child Bite, Lamb Of God, Pantera At Madison Square Garden, Thursday, February 22nd, 2024, Reviewed

By Iman Lababedi | February 25, 2024 |

A three hours of hard rock, metal not metal, swift, loud, egoless pure metal

Scroll To Top