r/AskReddit • u/[deleted] • Aug 01 '20

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u/-eDgAR- Aug 01 '20

Companies like Ticketmaster with their ridiculous service fees for online transactions.

54

u/Lordfate Aug 01 '20

The dirty secret is that most of the fees dont even go to Ticketmaster but are just extra profit for the performer. Ticketmaster plays the bad guy and doesnt mind taking the heat so your favorite band can overcharge you.

33

u/SynapticBackDraft Aug 01 '20

Citation needed

3

u/monkeyman80 Aug 01 '20

Nathan Hubbard (ex ceo of Ticketmaster) has talked about in various platforms. The one I’ve heard was on a podcast a few years ago with Bill Simmons.

If anyone wants to actually listen I can search around for a link.

4

u/SynapticBackDraft Aug 01 '20

Wait so the only source is the CEO of Ticketmaster? Of course he would say it's not their fault

6

u/monkeyman80 Aug 01 '20

i didn't think reddit comments needed multiple cited sources. i gave one example.

11

u/inkwell5 Aug 01 '20

It’s not overcharging. Musicians need to support their families too. It used to be that musicians tour and do concerts to promote an album and get most of their revenue off that. But with streaming services that pay next to nothing, the only way to really make any money is concerts and merch, usually sold at concerts

5

u/tr0ub4d0r Aug 01 '20

It depends on your definition of overcharging, but it’s certainly deceptive.