Artists don't reap the profits of the current system -- they get the face value -- Tickmaster and the scalpers do.

My solution would be some kind of auction where people put in bids of what they're willing to pay for different seating types and allocation happens so same-type seats are either sold at their reserve price or sold out at the lowest price they'd sell out at exactly, while maximising revenue -- that would give the revenues to the artists, avoid queues and disincentive scalpers. Legislating for no resale above list price and fair fees would disincentivise TM supporting scalping. TM etc could always negotiate a cut of selling-price-above-reserve to encourage them to do the best for the artist from however the auction works.