Tickets are markets. Building https://xitter.cf/t.co/TE6U1vN1rO | @TicketVisionHQ
Santa Monica, CA
Joined September 2010
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The people who think prompting will replace sortable spreadsheets probably don't use sortable spreadsheets.
Ben Meisel retweeted
Has there ever been a greater disparity between regular-season and World Series ticket prices?
The Brewers' World Series get-in price is now 125x their typical regular-season get-in.
From $20 to over $2,500 for the same seat in the same ballpark.
Ben Meisel retweeted
Season tickets have gone from coveted things you passed down to future generations to the biggest scam in sports. All because teams got greedy and kept pushing up the price. The market has spoken and said it isn’t worth the “face value” anymore.
In years of having #njdevils season tickets, I have never seen the secondary market so bad
2 years ago I got $200 each for my Rangers game
Past game? $130 TOTAL
Prices for a beer are more expensive than to buy a ticket for Tuesday against Colorado
The LeBron Premium has climbed to 3.7x.
Tickets to see LeBron play on the road now cost an average of 3.7x what fans typically pay for the home team's other games.
ticketvision.com/market-over…
Ben Meisel retweeted
Interesting that almost every form of social activity has dropped over the last 30 years except going to concerts. That has increased and probably at a very high record level. Their value rose probably because the alternatives have weakened.
Ben Meisel retweeted
This is what happens when legislators work with a monopoly to ban resale. Said monopoly then closes and controls the market and prices skyrocket, once competition is removed. This was predictable and legislators were warned ahead of time this would be the result.
Something legitimately awful is happening with @TicketmasterCA ticket prices in Canada. Like this is so out of control.
Standard admission.
Not floor.
Not vip.
Not resale.
Standard. Admission.
A few weeks ago those same smashing pumpkins tickets were hundreds less.
Ben Meisel retweeted
"In any profession, 90% of people are clueless but work by situational imitation, narrow mimicry & semi-conscious role-playing. Except social "science" and journalism where it is 99% and 100%, respectively." - @nntaleb
Every ticketing stock is in the red today, with Vivid Seats leading the decline, down nearly 9%.
Another 9.1% drop would push Vivid's market cap below $30 million.
You could fit 1,114 Vivid Seats inside Live Nation by market cap.
Live Nation: $40.1B
Vivid Seats: $36M
Very smart move by John Mayer's team to spread out the presales over 2 weeks.
It extends the period of perceived scarcity for fans and props up the market, creating a positive feedback loop.
