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| Live Nation Entertainment Netherlands Cancels Over 1000 Secondary Tickets |
In an announcement today,
Live Nation Entertainment Netherlands Cancelled over 1000 tickets it
deemed invalid due to purchase by 'touts'.
They claim that the tickets they have canceled for the two concerts, the Editors (May 1) and Mika (May 7) were bought by several companies in the Dutch secondary ticketing industry for the purpose resale and this violates their terms and conditions. Live Nation Entertainment Netherlands is reselling the tickets and they have been made available on their site. The list of numbers of the canceled tickets is available at the following page online. Live Nation Entertainment Netherlands is advising clients of these companies to demand the money back directly. The canceled tickets were allegedly from 12 Dutch companies (24hourtickets.nl, 4alltickets.nl, Easytickets.eu, ltaticketservice.nl, Pepetickets.nl, QQ-tickets.nl, Ticketunlimited.nl, Ticketforsale.nl, Tickets123.nl, Ticketsnederland.nl, Tickets4u.nl, Worldwideticketshop.nl). Mojo Concerts is owned by Live Nation Entertainment, based in Los Angeles which also owns a online secondary ticket marketplace at GETMEIN!. No tickets being resold for the aforementioned concerts have been canceled on any of the UK-based secondary ticketing sites, Viagogo or Seatwave - only in the Netherlands. Face value price of the Mika tickets are €42,90 (£38.60) and are being sold for up to €71.50 (£64.37) on Live Nation's own secondary platform at GETMEIN! - the most expensive in the UK Secondary Ticket Market. Seatwave
is selling Mika tickets for the same Dutch concerts at up to €67.10
(£60.43) and at Viagogo
for up to €61.74 (£55.61) Viagogo is pitching some Editors tickets for over €100.00 (£90.25), Seatwave has high end Editors tickets for up to €150.00 (£135.29)
Related Articles: Live Nation Unloads U.K. Theatre Division for Approximately U.S. $160 Million Live Nation
, the world's largest live music company, recently announced that it has
closed the sale of its remaining U.K. theatrical venues and operations
to The Ambassador Theatre Group, an owner and operator of regional
theatres in the United Kingdom. In addition, on October 23, 2009,... Eventim Tickets are now also on MySpace! A deal between CTS Eventim AG, Europe's market leader in the
primary ticketing market and MySpace, the world's largest music platform will
now have MySpace's users able to buy tickets directly from the primary ticketing
company under http://www.myspace.com/ticketshop.
Live Nation Reports Strong Third Quarter Results Live Nation (NYSE: LYV) released financial results for the three months ended September 30, 2009 today.
“We generated robust organic growth from our operations during the third quarter as we focused on executing our fundamentals with excellence during the peak concert season,” said... Live Nation, Ticketmaster profits take a hit due to Proposed Merger
Live Nation and Ticketmaster
Entertainment Inc. both stated that their earnings were hurt by
costs related to the proposed deal, which is expected to continue into 2010 as
regulators examine antitrust issues.
French Football Federation to Try and Block Tickets To avoid a flood of Irish fans at the Stade de France, November 18, in the second leg of World Cup 2010 countdown, the French Football Federation (FFF) is banning the sale of tickets on the Internet. A measure that is easier said than done.
Mojo Concerts and 'Black Market' Secondary Tickets - Hypocrisy Rules the Day
by Richard Kastelein
OP/ED - "The seller defines the price at Ticket Trade, not Mojo Concerts," states the site. I guess that's why two tickets to Rammstein cost over €600 euro on Mojo Concerts aka Live Nation's 'Black Market', secondary ticketing site at Tickettrade. The hypocrisy of a...
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Comments (6)
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Ticket Broker
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Sell once, sell twice, smell the ... "Secondary market" is just a nice way of saying "touting" or "scalping. And to the consumer, there’s literally not a shekel’s worth of difference between buying an overpriced ticket from the GETMEIN and any of those Dutch sites. Mojo Concerts has had deals with both Seatwave and Viagogo, all they care about is maximizing their profit. Their anti-secondary ticking public relations campaign is a classic bait and switch. So why does one sector get burnt and the other (Mojo and GETMEIN!) get the benefit of having its competition removed from the marketplace and profit twice? The concept that they actually 'care' about fans is laughable. They care about profits. That's always the bottom line in this business and particularly with publically owned companies. The only thing that pisses them off, is they make less money than the brokers. This is one way they can participate in the secondary market. Surely some fans will find themselves stuck at the gates with tickets that have been nulled. That's nasty. |
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Reg Walker
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... There is a difference between a fan buying a ticket, being unable to use it, and putting it for sale on the secondary market, and tout sites buying up large numbers of tickets to resell at vastly inflated prices Buying those 1,000 tickets deprived fans of the ability to buy those at face value I also fail to understand how anyone can cry foul when the terms and conditions on the tickets are clear over what you cannot do with the tickets! For some strange reason I thought the secondary market existed to help fans resell tickets they could not use, not to buy up huge numbers of tickets from the primaries by artifice |
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Ticket Broker
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Indeed... There is a difference indeed Reg. But take a deep breath, because I am going to let you in on a fact. Most trade on the secondary marketing platforms online is not 'poor' fans who can't make the gig. It's fans who snap up a few extra tickets to resale and pay for their first tickets. and professional ticket brokers who often get tickets via the backdoor (sponsors, VIP's, Artists, Teams). |
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Reg Walker
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... I agree that fans buying up more tickets than they need and selling them on in order to offset their own costs, are a problem However, you are talking about a "fan" buying a maximum of 6 tickets and selling maybe four, not targeted, wholesale purchasing of tickets using networks of proxy purchasers, procurement departments and botnets that leech off millions of tickets every year globally by a small number of people for their own personal gain There needs to be a secondary ticket market in order to provide a facility to allow people with unusable tickets to resell them Not a secondary market that artificially forces up the price of tickets That simply makes the ability to see live music subject to how much you can pay, hardly fair on hard working, minimum wage fans There are very clear terms and conditions on tickets, and, in this case, Livenation has enforced those I cannot see how anyone has cause for complaint if they breach those and their tickets are cancelled off |
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Ticket Broker
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... Hi Reg, The hypocrisy of this recall is the fact that the cull is selective... and more likely driven for monetary gain then 'helping' fans. Thousands of fans buying extra tickets to resell = a lot of tickets. They are also violating the 'terms and conditions' (reselling of tickets is not a crime in most areas by the way). Brokers, more than often, get tickets direct from inside sources such as promoters, venues, sponsors and even the artists themselves. http://online.wsj.com/article/...88613.html And the secondary ticket market does not always, in fact, force up the price of tickets. The US National Association of Ticket Brokers has stated that 40% of the tickets on the secondary market are sold at below face value. But that is certainly changing. The price of tickets is based on supply and demand. It's simple Economics 101. As for what's fair for hard working minimum wage fans, it sucks. But Live Music is not going to go down in price to serve this demographic. Rather the opposite. The primary ticket market pricing has gone through the roof due to the death of the recording industry (the Stones charged four hundred and fifty dollars for the best seats on their most recent U.S. tour). The secondary industry allow tickets to fall into corrected pricing, above or below the initial face value. There's a lot of things that people can't afford in this world. Like enough food. Or a roof over their heads. Events are a luxury, not a right. With tickets in such short supply, market logic dictates higher ticket prices. Accessibility to these tickets (via the Internet) and lower travel costs means people are willing to come from far and willing to pay to see gigs unlike the past. So under face value on tickets is also dropping in the secondary market. Read this article from the New Yorker that the publisher posted here recently. Particularly about Amy Stephens who 'started' buying a few extra tickets and went on to build a multi-million dollar ticket brokerage. http://www.booknoise.net/johnseabrook/stories/culture/tickets/Tickets.pdf I can't see why anyone has any complaint about ticket brokers. It's an inevitability - they have always been there, they provide a service, and they speculate on the commodity of entertainment. It's no different than an art dealer or real estate broker. |
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Reg Walker
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... Hi Ticket Broker First let me say I agree with you over the cull if the terms and conditions have not been applied fairly and across the board They certainly should have been Regarding your other points I am UK based, so the comparisons with the USA do not hold water as we have a very different secondary market If 40% of tickets in the UK were sold at under face value, fans would be dancing naked in the streets for joy Tickets at under face value are rare, and usually for artists that do not sell well or for seats with restricted site lines Regarding market forces, if we were talking about sugar or corn here, I would agree with you about the law of supply and demand The problem with tickets for music and sport is the emotional factor We are not simply talking about a commodity, we are talking about peoples, hopes, dreams and aspirations to see their favourite artist or team You cannot separate that out from ticketing Promoters and artists are not stupid, they know they can price tickets much higher, but many do not in order to ensure the widest possible fan base can see them live I simply find the attitude that there is some divine right for touts to buy up as many tickets as possible, by any means necessary, and artificially force up the price of tickets, often driving them beyond the reach of genuine fans, morally and ethically bankrupt And that is what happens in the UK Fans in the UK simply do not get the benefit of 40% of the tickets in the secondary market going for less than face value, if they did many might actually get to see their idols and invite touts home for Sunday lunch Thank you for posting the link to the Booknoise article I did read it with interest and it gives a valuable insight into both the primary and the secondary market Frankly I think the primaries within the UK need to sort out their act as much as the secondaries, just over different issues As for the last paragraph, as I have said before, I believe there is a necessity for a healthy, open, transparent and honest secondary market, the problem within the UK is we are nowhere near that point at the moment It is an "industry" full of smoke and mirrors with many members of the secondary market unsure of who to trust within their own ranks due to recent frauds perpetrated amongst themselves As for the methods of marketing and the honesty of websites, I could write a book about the dishonest practices the public are subjected to Speculative ticketing being one of them Most secondary websites indulge in speculative ticketing by offering for sale tickets they do not possess and do not have title to They will take an "order" for a certain ticket, and the money, and not tell the consumer they do not have it The speculation comes in as to whether they can source that ticket or not If you applied the same practice to a commodity, you would fall fairly and squarely under the Financial Services Authority and be subject to some pretty stringent regulation As it is, we currently have speculation with hundreds of millions of pounds of consumers money with no oversight and no regulation whatsoever If the secondary ticket market wishes to speculate with peoples money, it should be subject to the same rigorous scrutiny that the rest of the financial services sector falls under And at least be honest enough to tell the consumer at the point of sale they do not actually have the ticket that they are taking their money for |
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