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Not too long ago, you used to have to buy concert and event tickets at a physical box office or via phone. Now, you can buy tickets online through digital box offices, secondhand sites or social...
The average ticket price for one of the top concert tours reached $122.84 last year, up from $91.86 in 2019, according to the live music trade publication Pollstar. Some fans pay considerably more ...
Ticketmaster was founded in Phoenix, Arizona in 1976 [5] by college staffers Peter Gadwa and Albert Leffler, Gordon Gunn III, as well as businessman Jerry Nelson. [6] [7] The company originally licensed computer programs and sold hardware for ticketing systems.
Viagogo was founded in 2006 in London as a secondary ticketing marketplace by Eric Baker, the co-founder of US-based StubHub. [5] [12] With sections established to provide an online marketplace for sports, music, theatre and comedy tickets, the company's launch included official partnerships with Chelsea FC and Manchester United FC, [5] with the sports clubs sharing in the commission revenue ...
Ticket resale is common in both sporting and musical events. Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets).
Lonnell Williams, for example, paid $400 for a Stockholm ticket that would have cost him nearly $1,500 in Atlanta. As he told Today in May 2023, the entire European trip — including hotel ...
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Madonna had generated over US$1.5 billion from ticket sales of her concert tours throughout her career, [498] becoming the first woman to accumulate US$1 billion in concert revenue. [499] Madonna was the highest-grossing female touring artist , [ 500 ] before being overtaken by Taylor Swift and Beyonce in 2023, according to Pollstar .
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