I'm not sure it's the same program now, but at least with respect to the resale option that was in place in 2013, ticketmaster did divvy up the revenues with the artists, depending on the contract. Also there was an option to opt out.
the article is talking about musicians but I don't imagine it would operate differently for a Broadway show. I found it interesting that some of these musicians were actually making money off the secondary market before. I never realized that.
Yeah, there is absolutely no way that the "resale" tickets would be shown on Ticketmaster were the extra profits not shared with the producers and Ticketmaster. It's like Premium-Plus charges.
I understand the issue people have with expensive tickets. I just never see the solution. What is it? You want a world with no premium tickets and no secondary market, OK... how does that work?
Amazing Grace has no premium prices and no secondary market. Why isn't everyone flocking there, if they are doing everything right?
What you will have are winners like Spongebob and Moonshine. A pox on them all. If we ever have a big economic downturn again, they will be left holding the bag with a lot of unsold tickets. As long as suckers are willing to shell out big bucks, prices will continue to rise. SH*T happens.
Why anyone would pay $477 to see Hamilton is baffling. There is not a single show worth that kind of money. But then when you pay $954 for two tickets, you better damn well love it - or you look like a moron. So much favorable word of mouth for many of these MUST SEE shows is not built on their quality, which is often suspect, but what people paid to see these shows. Does anyone really want to look like a dope for spending close to a grand on a silly musical and then say the show was, "Meh." at best.
I saw Hamilton recently. Act I was virtually incomprehensible. Everyone around me was saying they couldn't understand the rapping at all. But, yet, they all agreed it was "Wonderful!" Huh?!? You don't know what the heck is going on, but it's wonderful? Really?
"I don't know what it means, but it's brilliant!" Cora Hoover Hopper
JayG 2 said: "Why anyone would pay $477 to see Hamilton is baffling. There is not a single show worth that kind of money."
I assume you have the same bafflement regarding why someone pays $9k to fly to Paris for the weekend. It's a fool's errand to wrap your head around what other folks value, just as it is to imply what and why they like. Too bad Hamilton was incomprehensible to you. You are obviously aware that it made brilliant sense to many many people (here and elsewhere) who have written intelligently about it. It wasn't for you. Sounds like a personal problem.
But then when you pay $954 for two tickets, you better damn well love it - or you look like a moron. So much favorable word of mouth for many of these MUST SEE shows is not built on their quality, which is often suspect, but what people paid to see these shows. Does anyone really want to look like a dope for spending close to a grand on a silly musical and then say the show was, "Meh." at best.
I saw Hamilton recently. Act I was virtually incomprehensible. Everyone around me was saying they couldn't understand the rapping at all. But, yet, they all agreed it was "Wonderful!" Huh?!? You don't know what the heck is going on, but it's wonderful? Really?
"I don't know what it means, but it's brilliant!" Cora Hoover Hopper
As long as someone reminds us every 3 seconds how mind bendingly brilliant Hamilton is, I can occasionally state how I felt how underwhelming BOM was for us.
By the way, many on this board plus a friend of ours who saw it wished he had his money back .Another must see show which may not live up to its hype.
Mr Roxy said: "As long as someone reminds us every 3 seconds how mind bendingly brilliant Hamilton is, I can occasionally state how I felt how underwhelming BOM was for us."
Actually, the reference to Hamilton being brilliant was someone who did not find it brilliant, hearing those around them saying it was brilliant. But I'm a sucker for context.
Roxy must not know about the conservatives loving Hamilton. Except the racists. Which might be a category that overlaps with Roxy's friends, given the company they keep.
"It's a fool's errand to wrap your head around what other folks value, just as it is to imply what and why they like. Too bad Hamilton was incomprehensible to you. You are obviously aware that it made brilliant sense to many many people (here and elsewhere) who have written intelligently about it. It wasn't for you"
Exactly. I saw it recently as I posted previously and loved it. No, I would not pay $477 for a seat because I can't afford that and I could see several other shows for $477. If people value seeing "Hamilton" at that price than good for them. The only bad thing IMO is that because they are willing to spend this much it sets the "bar" in the future for "hit" shows.
Seems safe to say the future holds more dynamic pricing; more seats being labeled as premium, low premium, medium premium, or some other similar designation; and premium ticket prices reaching absurdly high levels that cause endless debates to break out in online discussion forums.