(CBS News) The Price Of Admission: The Battle Over Concert Tickets
https://youtu.be/1dRcD6DPhdE?si=8NchZouUPogLwh8B This is a fantastic and in depth 24 minute episode. Usually anything having to do with ticketing I just say "WRONG, WRONG, WRONG" but this is pretty accurate. Interviewing a band showing the actual contract and knowing the band splits $10 on that $70 you spent 5 ways, well not really a surprise. That's kinda how running any business works. The margins are usually in the single digits. Except for the glory days of ticket resale, that is. The most interesting thing to me is to see what the actual brokers are doing because these are closely guarded secrets. I wish I was able to put a team together like that. Instead I had a loose partnership with one and sometimes 2 people as their day jobs allowed. Just commissions on handling their sales would have been an improvement on the McJob when it was steady. It was all me, all the time, 8-18 hour days 360 or so days a year for years straight, getting up at 6am even when I was goi...