"The Business Of Fun" podcast latest episode
As you know the sub-category of ticketing is also one of my favorite topics when it comes to concerts. The Business Of Fun podcast is always on rotation and this is an excellent episode with Eric Fuller, who you might remember from the congressional hearings a few years back.
They really go into some of the absurdities on price caps. Also this was being pushed by the IMP group for the District Of Columbia and prior to this episode being recorded, Fuller counts all the shows into next June and only 16% are sold out. 3 of those are a 4 night run by comedian John Mulaney so many of those demand is fully satiated. One constant lie is "Bots are getting all the tickets" and then marking them up for resale. As someone who almost only buys resale tickets this couldn't be further from the truth.
From around the 20 minute mark.
Says the one thing Democrats and Republicans agree upon is "changing the rules around ticketing because it resounds well with the public. The problem is nobody knows what they are talking about." I watched that hearing and I sure don't want these clueless rubes getting involved. And I am sure the FTC staff doesn't know that much more either.
Listen to more here https://davewakeman.libsyn.com/eric-fuller-talks-about-organic-demand-and-im-not-having-it
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