andrewducker (
andrewducker) wrote2012-02-29 11:00 am
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Interesting Links for 29-02-2012
- India is having a bumpy journey towards legalising homosexual relationships
- Cineworld installing vibrating seats. Would go well with porn, methinks.
- Is this the most biased opinion poll question ever asked?
- The Great Ticket Scandal - many concert tickets go directly to resellers for a huge markup bypassing fans entirely
- On Scotland being forced to join the Euro (it can't be)
- EU law will not allow Scotland to be excluded just because it's not part of the UK any more.
- Who owns The Bank Of England?
- A chance in a generation to modernise the Lords
- Key SOPA/PIPA Post Censored By Bogus DMCA Takedown Notice
- Can Scotland be independent and keep sterling?
Personally, I'm actually leaning towards having our unique currency. I suspect we'd drop by a bit, making us more competitive.
- Men and women respond differently to stress
- KLM links Facebook to seat booking, making it even easier to sit next to tall blondes. Hurrah for in-air stalking!
- Against Big Bird, The Gods Themselves Contend In Vain
- Labour set to back Lords Reform
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Probably the owners of the venue who have a large capital outlay and *have* to meet their credit re-payment schedule.
I expect they are demanding money in advance not refundable from the promoter who in turn, to cover her risk, sells a block of tickets to (dirty word) speculator who sells them on to the likes of you and me.
The banks don’t want a risk. The venue owners don’t want a risk. The promoter doesn’t want the risk. The speculator ticket tout does want the risk. We appear to be happy to pay the price for not booking out tickets at the time the venue was built.*
*Semi-serious point here. One way to avoid fans being “fleeced” is for fans to take a debenture in a venue. They get first refusal on tickets / tickets at face value that they can use / pass on / sell on. The venue gets built.
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The Guardian article seems a little more focused on the trading of tickets by resellers rather then the method they use to disguise the fact.
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Probably less so if there is some fine print about being an agent of touting company.
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If I pay £100 for a not-really-second-hand ticket that I could have bought in a brief window while they were on sale for £50 face price, I did so because I thought "Holy crap, this gig sold out, but I really want to go. Thanks heavens someone didn't want theirs and sold it on this site!" I would have bought a ticket if there were £50 ones left, but the value I place on the ticket is based on the perception that there are no direct tickets left to buy and that the gig is sold out. However, there really ought to be tickets left, since they have not actually sold to customers, but the number of direct tickets is limited in order to force people to buy what they believe are resold ones at a higher cost.
Some train companies have talked about flexible pricing, where it's more expensive to travel at busy times of day. An analagous situation would be the train company running their trains a carriage short so that the remaining part of the train is busier, in order to make more money from the same customers.
You're paying a premium for nothing, essentially just a very large administration fee for using that website.