Hannah Montana Concert Tickets Gone
Mark was reading this story today and we're both just shocked by what the brokers have done to the fans. If you haven't heard, within just a few minutes of tickets going on sale, all venues sold out. Brokers, some say they cheated, got online, jumped ahead of the fans, and bought out all of the venues.
If that isn't bad enough - which I think it is - the ticket prices went from the $63.00 original price to $350 - $2,000 in the hands of the brokers. I've been attending concerts for decades and can't recall any situation like this in the past. That includes the Prince "Purple Rain" tour and REO Speedwagon's "High Infidelity" tour - 2 of the most publicized concerts I've had the pleasure of attending.
It might be that I saw those events in Michigan, which has broker limits in place. Only four other states enforce limits on brokers - Kentucky, Massachusetts, North Carolina, and Rhode Island. In fact, Rhode Island caps broker increases to $3.00 or 10% of the ticket price, whichever is greater. Now that I could live with, if - for some reason - I was unable to just purchase tickets from the venue.
Interestingly, Attorneys General in Arkansas and Missouri are filing suits against brokers, accusing them of illegally reselling tickets to the Hannah Montana concert. It'll be interesting to see what happens. My favorite tidbit from this news story comes at the end, where experts are quoted as saying that - unless broker prices drop as the concert dates approach - there are going to be a lot of sold-out venues, with empty seats.
Frankly, I think that's exactly what these greedy so-and-so's deserve!
If that isn't bad enough - which I think it is - the ticket prices went from the $63.00 original price to $350 - $2,000 in the hands of the brokers. I've been attending concerts for decades and can't recall any situation like this in the past. That includes the Prince "Purple Rain" tour and REO Speedwagon's "High Infidelity" tour - 2 of the most publicized concerts I've had the pleasure of attending.
It might be that I saw those events in Michigan, which has broker limits in place. Only four other states enforce limits on brokers - Kentucky, Massachusetts, North Carolina, and Rhode Island. In fact, Rhode Island caps broker increases to $3.00 or 10% of the ticket price, whichever is greater. Now that I could live with, if - for some reason - I was unable to just purchase tickets from the venue.
Interestingly, Attorneys General in Arkansas and Missouri are filing suits against brokers, accusing them of illegally reselling tickets to the Hannah Montana concert. It'll be interesting to see what happens. My favorite tidbit from this news story comes at the end, where experts are quoted as saying that - unless broker prices drop as the concert dates approach - there are going to be a lot of sold-out venues, with empty seats.
Frankly, I think that's exactly what these greedy so-and-so's deserve!
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Jules
posted by JMarkAfghans @ 4:48 PM
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