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username332211 2 days ago

Worse still, they want to sell it below market value, but they want to be paid as if they were selling tickets at market value.

I remember finding some story about a contract for Ke$ha or Kathy Perry or some other pop-concoction of the previous decade getting leaked (*) , and one of the ways in which the artist got paid was trough a percentage of the tickets to distribute trough unofficial resale channels.

The issue that spawned Ticketmaster is that as a class artists are greedy, but they want to pretend they aren't. Being hated is a vital part of that company's business model.

(*) I think it must have been Ke$ha, as that one was involved in some financial dispute, but I can't find the story right now.

woah 2 days ago | parent [-]

> The issue that spawned Ticketmaster is that as a class artists are greedy, but they want to pretend they aren't. Being hated is a vital part of that company's business model.

Excellent analysis

amanaplanacanal 2 days ago | parent [-]

Yep. Artists make Bank and ticketmaster takes the heat. Win win!