
$11,000 to see Taylor Swift? How concert tickets got so expensive
LA TimesTaylor Swifts performs for an audience of people who were lucky, devoted or well-heeled enough to get tickets. In addition, the GAO’s report found that event promoters will sometimes distribute tickets through brokers “to capture a share of higher secondary market prices without the reputation risk of raising an event’s ticket prices directly.” The GAO also said that, according to the four resellers interviewed for its report, “professional brokers represent either the majority or overwhelming majority of ticket sales on their sites.” StubHub takes issue with the GAO’s number; of the people who sold tickets through the site last year, it classifies less than 1% as brokers. According to the website, platinum ticket prices are determined by the demand, with the price for hot tickets rising as the supply goes down, “similar to how airline tickets and hotel rooms are sold.” The company says that the goal of platinum tickets is to allow artists and promoters to set ticket prices that they think reflect their true market value. According to Reuters, “hawkers caught face fines of up to 10 times the face value of the tickets being sold illegally.” Still, fans with money have shown time and again that they’ll pay far more than the face value of a ticket to see their favorite artists, so it’s unrealistic to think that the secondary market can be eliminated. The coalition wants Congress to update the 2016 Better Online Ticket Sales Act to ban speculative ticket sales and expand the protections against bots used by “predatory resellers.” A tricky aspect of making sure tickets land in the hands of fans is that artists can’t identify who their fans are.
History of this topic

Taylor Swift, imperfect capitalist?
Live Mint
Sadiq Khan's Taylor Swift ticket controversy deepens as it emerges firm that gave him them received £45million of City Hall contracts
Daily Mail
The most extortionate gigs of 2024 revealed - and Taylor Swift's record-breaking Eras Tour didn't even make the top 15
Daily Mail
Taylor Swift fan faces 20 years in prison for embezzling $1M for concert tickets and lavish vacations
Hindustan Times
Taylor Swift band member says he’s ‘changed’ in rare insight into grueling Eras Tour
The Independent
Taylor Swift’s Eras Tour ends by shattering own record, grossing an estimated 2.2B dollars
Deccan Chronicle
Taylor Swift gave staff $197 million in bonuses from $2 billion Eras Tour
The Independent
Taylor Swift’s Eras Tour ends by shattering own record, grossing an estimated $2.2B, Pollstar says
The Independent
Taylor Swift’s Eras Tour ends by shattering own record, grossing an estimated $2.2B, Pollstar says
Associated Press
149 shows, five continents and 10 million fans: Taylor Swift’s $2bn Eras Tour comes to an end
The Independent
Still in her record-breaking era: Taylor Swift tour smashes record with $2-billion revenue
LA Times
Taylor Swift's Eras tour makes history: $2.2 billion gross across 21 months
India Today
Taylor Swift's major announcement ahead of final Eras Tour show leaves several Swifties frustrated as police arrest…
Hindustan Times
Taylor Swift's major announcement ahead of final Eras Tour show leaves several Swifties frustrated as police arrest…
Hindustan Times
Dwayne Johnson reveals Taylor Swift forced him to do one thing he ‘hates’ the most
Hindustan Times
Taylor Swift was given $1-million security cover in UK after her mom threatened to cancel concerts: Report
Hindustan Times
Taylor Swift Fans Sue Ticketmaster for Price Gouging
Wired
Starmer refuses to say if he regrets accepting free tickets to watch Taylor Swift concerts
Daily Mail
Policing bill for Taylor Swift's Wembley gigs rose £150,000 after ministers and London mayor Sadiq Khan 'pressured Met to give pop star outriders' despite 'assessment finding no major threat'
Daily Mail
How top Labour politicians 'pressed' police to give Taylor Swift VVIP protection that Prince Harry can't get (and enjoyed free concert tickets)
Daily Mail
My Taylor Swift tickets were stolen from my Ticketmaster account and they refused to help me
Daily Mail
I fell for a Taylor Swift ticket scam – don’t make the mistakes I did
The Independent
Taylor Swift tickets 79 percent cheaper to London shows after foiled terror plot
The Independent
Swifties rush to sell tickets for as much as £600 for five concerts at Wembley Stadium
The Independent
Taylor Swift fans rush to sell their tickets for as much as £600 for five concerts at Wembley Stadium - as popstar cancelled three Austria appearances after two suspects were arrested for allegedly pl
Daily Mail
I paid £18,000 to take my daughter to see Taylor Swift's Eras Tour in Warsaw - but now I'm worried the tickets I bought from StubHub aren't legitimate
Daily Mail
'Cruel Summer'? Fans splurge on resale tickets as Taylor Swift tours Europe
Hindustan Times
Taylor Swift set to boost London economy by £300 million after selling 640,000 tickets for sold out Wembley shows
Daily Mail
Taylor Swift Eras Tour tickets to Edinburgh stadium show listed on Viagogo for £4,256 each
The Independent
Ticketmaster Timeline: A running list of clashes from Pearl Jam to Taylor Swift
The Independent
30 years of clashes between Ticketmaster, artists and fans
Associated Press
Want to see Taylor Swift’s ‘Eras Tour’ without breaking the bank? Try Europe
CNN
Taylor Swift bill is signed into Minnesota law, boosting protections for online ticket buyers
Hindustan Times
Taylor Swift bill is signed into Minnesota law, boosting protections for online ticket buyers
Associated Press
Travis Kelce calls out girlfriend Taylor Swift while auctioning Eras tour tickets
The Independent
Taylor Swift features in Canada government's budget proposals, Trudeau wants to help Swifties with concert tickets
Hindustan Times
Taylor Swift fans targeted by surge in ticket scams as £1m ‘already lost’ ahead of pop star’s UK tour
The Independent
Major Taylor Swift ticket update as Ticketmaster announces Eras Tour policy change
The Independent
Superfans can win a luxury weekend ‘in the life of Taylor Swift’ with London trip worth £15,000
The Independent
How you can make thousands after attending Taylor Swift's Eras Tour in Australia: Fans selling wristbands and confetti from her concerts online for huge money
Daily Mail
Taylor Swift's $18 million Singapore deal draws flak for excluding other Asian regions
Hindustan Times
Hackers are targeting Taylor Swift fans desperate for tickets. Here's how the scams work and how to protect yourself
ABC
Disney snags Taylor Swift's concert film in million-dollar bidding war: OTT release date revealed
Hindustan Times
Police issue stark warning to Taylor Swift fans ahead of her Eras tour arriving in Australia: 'Check it twice'
Daily Mail
Taylor Swift ticket scammers target fans ahead of Eras concerts in Melbourne and Sydney
ABC
Taylor Swift Tokyo concert: Ticket price, availability, cheapest seats, full 2024 schedule, and more
Hindustan Times
Australians lose $135,000 to fake ticketing scams ahead of Taylor Swift concerts in Melbourne and Sydney
ABC
Footy star offers Taylor Swift tickets to fans in priceless opportunity - but all is not as it seems
Daily Mail
Taylor Swift's Eras Tour is the first tour to gross over $1 billion, Pollstar says
The Hindu
Taylor Swift's Eras Tour is the first to gross over $US1 billion
ABCDiscover Related












































