Yes, because ticketmaster wants to shutdown their secondary market option and miss out on a ton of profit. Moz finally makes a decision that does nothing but good for the fans and these idiots complain about it and Moz says it's not his idea. What an ass.
^^Yes? ^^
Isn't the Mobile ticketing/"Face Value exchange" pricing better for those buying tickets? At least for those that are buying the tickets for themselves and not to profit from other concertgoers? My understanding of this type of pricing this is: If someone buys tickets they intend to attend the concert. If something happens and they can't attend they "return" them or put the tickets back on sale via Ticketmaster "at face value" ( NOT at whatever INFLATED price that original purchaser decides) Then that ticket becomes available to someone else at the "original price" . The need for a bank account is not only to return the funds of the purchase, but also probably to keep track of those re-posting the tickets to make sure its an individual, not a business and to prevent scalpers who buy large quantity of tickets. Ticketmaster would likely suspended accounts of those with questionable (high quantities) re-posting of tickets.
The mobile ticketing in this policy also prevents high re-sale using paper tickets. When the ticket is returned it no longer valid and new barcode will be associated with the new purchase.
This should stop the scalpers.
I suppose some fans might be upset because I've heard of people buying extra tickets, selling them at high prices and in the end their profits fund the fees for their own concert, trip, lodging, etc. The Face Value Exchange pricing would impact those that do this often.
But to the average ticket buyer who only buys the tickets they intend to use, and only returns/re-posts tickets for the occasional "emergency " when they can't attend, this policy shouldn't be upsetting. Its could keep ticket prices lower, and stop the high resale prices set by a reseller/scalper.
That being said I'm in no way a big support er of Ticketmaster. They are without a doubt an unscrupulous company. I agree with other comment's. I dislike everything being mobile without any other choice. Mobile ticketing just seems the easiest way for TM to control resale prices. Cashless venue for drinks, merch,etc probably isn't necessary.
I'm not sure if the Face value exchange pricing stops Ticketmaster's own "dynamic" pricing in which they inflate and fluctuate prices from time to time. ( I doubt it does) So TM can still keep their profits up. I recall a post I read in some other thread, I don't think the artists get more when price fluctuations are done. Artist fee is agreed at the start and remains the same regardless.
As for Ms statement about not being involved, fine. He isn't consulted on the prices. His management or promoter or whomever is/are deciding how much to set the prices at, but is M really making an outrageous fee for each concert? I doubt its that extraordinary ( Maybe I'm wrong)
Yeah its a bit nice to hear that the Cure, Taylor etc. are "involved" and taking some action for their fans. ( I wonder, was what the Cure did this same "Face value exchange" as well?)But these artists are in a different place than M is at the moment. Im NOT saying he can't do something, but I wonder if his options for demands are more limited at the moment if he wants to do shows. And again, this Face value exchange& mobile entry seems like a good thing to keep prices low for the majority of fans instead of benefiting those, who are taking advantage of fans.
Also what are the ticket prices folks are complaining about? I didn't look at prices for these events at first,because I won't be able to travel to any of them. For those venues I recently looked at, It seems average for an established artist ($29-400, across a variety of venues i searched that still have tickets). What did I miss? Were prices higher before? I went to Vegas, and when looking for tickets,, some tickets were $700+. I waited a while and managed to get tickets at a decent price so I went. Ticketmaster dynamic pricing is the problem I wished they weren't allowed to do that... but its America so they're allowed supply & demand pricing....ugh!
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