Written by S. Monteban    Tuesday, 21 June 2011 05:28   
Book: Ticket Masters: The Rise of the Concert Industry and How the Public Got Scalped

altWell worth a read for those in the Ticketing Industry. Click here to buy book at Amazon!

Ticket Masters chronicles the as-yet-untold story of the modern concert industry, revealing the origins, development and ongoing strategies of companies such as Ticketmaster, Live Nation and StubHub and the efforts of numerous independent competitors. With over 100 exclusive interviews along with many previously unreleased documents, this character-driven book explores the actions and impact of the iconoclasts guiding these companies while folding in related tales of scalping syndicates, old-school music promoters and would-be Internet tycoons along with the bawdy business decisions of such world-renowned groups as the Grateful Dead, Pearl Jam and the Rolling Stones.
 
Like no other previous book, Ticket Masters sheds light upon the complex relationships between artists, promoters, ticketing agents and the public. Whether it's Michael Cohl nabbing the Stones from Bill Graham, Ticketmaster's defeat of Pearl Jam or the silent efforts of music superstars to mark up their ticket prices for complicit websites, Budnick and Baron examine the pivotal developments that have shaped the industry as we know it.
 
Yet, Ticket Masters is also a personal story for the millions who purchase tickets, as it addresses the often-asked (but unanswered) questions: How and why do concerts sell out so fast? Why do service fees vary on tickets to the same event? Why isn't Ticketmaster considered an illegal monopoly? Is it worth joining a band's fan club to qualify for a pre-sale? How do ticket broker websites like StubHub get all their tickets? And (deep breath), just how did ticket prices get so high, anyway?

 

See full length review in Canada's Macleans' Magazine here.

Review

Reading this book won't make you any happier about spending four hundred bucks to go to a rock show but you'll understand how it happened and who's to blame. --Bill Flanagan, author Evening's Empire, A&R

If you wonder why you're paying ten times as much for overblown, cross-promoted spectacles that are one-tenth as satisfying as the rock and roll of your youth, you need to read this book. -- Steve Silberman, editor, Wired magazine

For anyone who's ever suffered rock concert sticker shock -- and we all have -- Dean Budnick and Josh Baron's Ticket Masters is the best seat in the house to the show behind the show. --Fred Goodman, author Fortune's Fool and The Mansion on the Hill

Dean Budnick and Josh Baron brilliantly chronicle the storied history of ticketing, providing a front row seat to the back room drama. A must-read for any music business enthusiast. --Shirley Halperin, Music Editor, The Hollywood Reporter

When community meets commerce, things gets complicated. In Ticket Masters, Josh Baron and Dean Budnick take you behind the box office and explain the real reasons a good seat costs so damn much. --Alan Light, former Editor-in-Chief, Vibe
and Spin

"[A] lively, sprawling chronology of the concert-ticket sales business . . . Budnick and Baron offer information in accessible language fortified with verbatim dialogue from a pantheon of music-industry brass." —Kirkus Reviews (April 15, 2011)

"In other hands, this book could have been dull and academic, but it reads like an adventure story, full of colorful characters, shady transactions, and surprising twists and turns. For everyone who has been dumbstruck by the extra fees added to the price of admission, this book is just the ticket. Highly recommended for eventgoers everywhere." —Library Journal (May 1, 2011)

"A clear, comprehensive look at a murky business, the book is also an encyclopedia of information about the rise, decline and rebirth of the live music industry." —Wall Street Journal (May 28, 2011)

"Fascinating. . . . [The authors] delve deep into every aspect of the tour biz, from the rise of computerized ticketing to the consolidation of concert promoters." —Rolling Stone (June 9, 2011)


 

Related Articles:
Online ticket retailer Seatwave beats postal strike through HMV partnership
Seatwave and UK music retailer, HMV, have joined up with Seatwave in launching an in-store music ticket box office. The partnership will allow customers to buy and sell tickets in HMV right up to the day of the event. Seatwave will also launch an online ticket exchange for HMV. "We see a great...
Block this music monopoly - TM/LN merger will hurt concert consumers.
by David Balto (originally published at Philly.com) Nine months after Ticketmaster announced its proposed merger with Live Nation, the Justice Department's antitrust investigation seems to be entering the ninth inning, and the bases are loaded. Numerous consumer groups and 50 members of...
About EU Ticket News
EUTicket News Contributors Contact Details EU Ticket News provides comprehensive B2B news coverage and market analysis for and about the European ticketing and events industries. It features breaking news and opinion on the European ticketing and events markets – in addition to the...
Hundreds of ticketing professionals attend 2nd annual Ticket Summit in New York City
by Alfred Branch Jr. An estimated 500 ticket brokers and other ticketing professional descended on the Waldorf=Astoria for Ticket Summit this week, where the attendees networked with their cohorts and learned what the future holds for the secondary ticket market.
Vancouver Olympics close to launching authorized ticket resale Web site for 2010 Winter Games
Nearly five months after news of the resale Web site broke, the Vancouver Olympic Committee (VANOC) finally appears close to launching their own ticket resale site for the 2010 Winter Olympic Games. 
USA Ticket Industry Talks Paperless Ticketing at Billboard Touring Conference
Executives from Ticketmaster Entertainment, StubHub, Live Nation and TicketNews's parent company TicketNetwork battled it out over the issue of paperless ticketing during a panel at the Billboard Touring Conference & Awards Wednesday in Manhattan, and while few minds were changed the charged debate...