CBS News Interviewee
Appearances
The Commercial Break
Obey Your Master, Ticketmaster!
The market is the market. The prices are the prices. Going to a concert has become an accomplishment.
The Commercial Break
Obey Your Master, Ticketmaster!
It's one second. You don't have any extra time.
The Commercial Break
Obey Your Master, Ticketmaster!
I do know there's probably stuff out there that a retail fan has no shot at getting.
The Commercial Break
Obey Your Master, Ticketmaster!
I woke up in New York City from my sleep behind the wheel.
The Commercial Break
Obey Your Master, Ticketmaster!
We love you, Los Angeles. Thank you for a beautiful night.
The Commercial Break
Obey Your Master, Ticketmaster!
Refresh, refresh, refresh. Tickets go for so high now.
The Commercial Break
Obey Your Master, Ticketmaster!
Handling charge. I mean, just to touch it, they charge you $3.
The Commercial Break
Obey Your Master, Ticketmaster!
We are obviously the leading company in this industry. There's no doubt about that. That's an interesting way of putting it.
The Commercial Break
Obey Your Master, Ticketmaster!
We are the leading podcast on my street. of jealousy. I think it creates a certain amount of rivalry, a certain amount of fear. But we stand by what we do. It is the one ticket incumbent.
The Commercial Break
Obey Your Master, Ticketmaster!
In this country, that is 100% on the side of the artist and the fan. not run for the benefit of ticket brokers and ticket scalpers and big resale prices and big resale fees.
The Commercial Break
Obey Your Master, Ticketmaster!
I mean, I do know there's probably stuff out there that a retail fan has no shot at getting.
The Commercial Break
Obey Your Master, Ticketmaster!
I was clicking on the website and it was all sold out. So then I started Googling, like, you know, resale tickets for All Things Go.
The Commercial Break
Obey Your Master, Ticketmaster!
It's like, you know, the festival. It's in Maryland.
The Commercial Break
Obey Your Master, Ticketmaster!
I think I made like three or four hundred bucks, and it was, that thing came out of my phone.
The Commercial Break
Obey Your Master, Ticketmaster!
So I called Kevin up. I was like, I need $2,000 to get these. And he didn't even blink. He's like, sure.
The Commercial Break
Obey Your Master, Ticketmaster!
My daughters will never forgive me. Therapy, but at least I got a brand new fix box.
The Commercial Break
Obey Your Master, Ticketmaster!
The market is the market. The prices are the prices.
The Commercial Break
Obey Your Master, Ticketmaster!
Very rarely. I mean, we won't even waste our time.
The Commercial Break
Obey Your Master, Ticketmaster!
Well, we're tough graders. You can get it 99.9% right, and you give yourself an F. Well, we grade ourselves awful tough.
The Commercial Break
Obey Your Master, Ticketmaster!
In a large on-sale, we regularly knock down and defeat millions of bots. We're in an arms race with the people who are trying to figure out how to intercept these tickets. We've met people doing this.
The Commercial Break
Obey Your Master, Ticketmaster!
And honestly, we don't spot them all. But you feel like you're doing an okay job of this? This isn't going to be abated until we get to the root cause of this, which is the extraordinary profitability of the resale market. The biggest resale platform.
The Commercial Break
Obey Your Master, Ticketmaster!
When you look at what before this came out, the secondary market has done is sort of democratized access. Broke
The Commercial Break
Obey Your Master, Ticketmaster!
It was $1,083 for two tickets. And paid more than $540 each.
The Commercial Break
Obey Your Master, Ticketmaster!
Well, I would first start with saying that All Things Go should be working directly with StubHub to participate in the market dynamics. There's a way to collaborate here that everyone can participate in.
The Commercial Break
Obey Your Master, Ticketmaster!
Participation, the artist can take a participation. We do this in sports all the time.
The Commercial Break
Obey Your Master, Ticketmaster!
I don't want anything to do with it. I would turn down every check that got sent to me by a StubHub or Vivid Seats or any of these guys because I think what they're doing is, I mean, I think it's disgusting. McMahon wants to take the other side of that.
The Commercial Break
Obey Your Master, Ticketmaster!
We want to make it easy if you decide you need to get rid of your ticket to get rid of it, but you're going to sell it back. for the same price you bought it for.
The Commercial Break
Obey Your Master, Ticketmaster!
We don't believe that artists can control the pricing in the aftermarket, no.
The Commercial Break
Obey Your Master, Ticketmaster!
Ticketmaster, even though they have their own resale site, told us they support laws to cap resale prices. There's nothing socially beneficial about scalping. It's just a ripoff, and it's taking that money from the fans.