Re:Ticketmaster Ticketfast Barcode Format
by derrik0709 on Tuesday September 16, 2014 @07:45PM
(#8327716)
You're splitting hairs between who is considered the TM client: venue or performer. Of course there may be any number of organizations between you the ticket buyer and the actual person singing and dancing onstage (venue, promoter, manager, record label, etc.).
Regardless of which of these is getting the biggest cut of the "fees", the reality is that in most cases the "fees" are line items used to increase revenue without raising ticket face prices, and TM is not the primary beneficiary.
Re:Ticketmaster Ticketfast Barcode Format
by batiudrami on Tuesday September 16, 2014 @07:22PM
(#8327666)
But sharing with the venue means that the artist is taking a higher cut of the ticket than you'd expect.
I read once that some parts of the US have laws requiring X% of the ticket price to go to the performer and that Ticketmaster fees were partly designed to allow the venue to charge its venue hire fees at a higher percentage than is allowed by these laws. Any truth to that?
In my experience TM fees are for TM. They may share with the venue, but the venue isn't sharing that with the artist. In fact they are taking a cut of the face value from the artist directly.
In fact I've even seen TM take a small percentage of the gross face value!