Ticketmaster Faces New Challenges

Sun, June 17, 2007

Tags: Ticket Brokers, Ticketing, Ticketmaster

Thanks Jim M for this very interesting article from Time Magazine on the ticketing industry and the competition heating up around Ticketmaster. It looks into the secondary market and, with the change in the new resale laws, how the competition will only continue to heat up. The interesting, but not surprising, statistic I pulled from this article is that the average consumer pays 45% above face value for resold tickets, according to a study by Alan Krueger, economics professor at Princeton University.

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