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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). During the 19th century, the term scalper was applied to railroad ticket ...
StubHub is an American ticket exchange and resale company. It provides services for buyers and sellers of tickets for sports, concerts, theater, and other live entertainment events. By 2015, it was the world's largest ticket marketplace.
Ticket resale platforms such as StubHub, Vivid Seats and TicketSmarter allow dedicated fans to buy tickets to “sold out” shows, but these range in price from $500 to a staggering $7,000. Maroon 5
Online ticket brokering is the resale of tickets through a web-based ticket brokering service. Prices on ticket brokering websites are determined by demand, availability, and the ticket reseller. Tickets sold through an online ticket brokering service may or may not be authorized by the official seller. Generally, the majority of trading on ...
Resale prices for tickets are set by the seller, although some resale sites will suggest prices for them. And this is where ticket prices can skyrocket, because the sites don't limit how much a ...
That much is clear. According to estimates from Morgan Stanley, concerts and box office films added roughly $8.5 billion to the U.S. economy last summer alone, thanks in large part to record ...
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