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Ticketmaster, which is owned by Beverly Hills, California-based concert promoter Live Nation, is the world's largest ticket seller, processing 500 million tickets each year in more than 30 countries.
Ticketmaster said the event organizer is who sets the base price of a ticket before fees, using “production costs, venue size, and interest in the event” to determine how much to charge.
“It was easy to set ticket prices, but you need to be pig-headed,” Smith said. “We didn’t allow dynamic pricing because it’s a scam that would disappear if every artist said, ‘I don ...
Ticketmaster said the event organizer is who sets the base price of a ticket before fees, using “production costs, venue size, and interest in the event” to determine how much to charge.
Ticketmaster said the event organizer is who sets the base price of a ticket before fees, using “production costs, venue size, and interest in the event” to determine how much to charge.
What did Ticketmaster say about all-in pricing? Ticketmaster announced Monday it would make all-in pricing the default starting point for customers at the start of their ticket-purchasing journey.
For comparison, face-value ticket prices for Bad Bunny, 2022’s top touring act (according to Billboard), averaged more than $200, with the lowest tier coming in at about $150.