You're not entirely wrong, but the root issue is artists not charging the market clearing price for tickets. If you're selling something worth $1000 for $200, you shouldn't be surprised arbitrageurs pop up to take advantage.

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eightysixfour 3 hours ago | parent | next [-]

> You're not entirely wrong, but the root issue is artists not charging the market clearing price for tickets.

Because there is value for the artist in maintaining the perception of accessibility.

	▲	gruez 2 hours ago \| parent [-]
		That's also easy to solve. Allocate discounted tickets by lottery and bind to a name (think airline tickets). If for whatever reason they can't make it, the ticket goes back into the lottery pool. Or maybe if they want the tickets to be transferable, you can put in some nominee ticket holders (eg. max 3 people you can transfer it to).

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bmm6o an hour ago | parent | prev | next [-]

Those arbitrageurs who extract payment without adding value should not be surprised when people are upset and demand changes.

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godsinhisheaven 2 hours ago | parent | prev | next [-]

I understand the arguments against charging the market clearing price, but I do just think it would be very funny for Taylor Swift to sell out a concert charging $10k+ a ticket.

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badgersnake 2 hours ago | parent | prev [-]

This argument has been made a lot on this site, mainly by people who don’t understand live music.

	▲	bawolff 2 hours ago \| parent [-]
		What is it that they don't understand about live music?