alt Hacker NewsYou'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.
Replies
bmm6o • yesterday at 11:07 PM
Those arbitrageurs who extract payment without adding value should not be surprised when people are upset and demand changes.
godsinhisheaven • yesterday at 9:49 PM
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.
badgersnake • yesterday at 9:43 PM
This argument has been made a lot on this site, mainly by people who don’t understand live music.
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> 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.