I read an article in a norwegian (economy)newspaper about the blackmarket selling of tickets.
I'll try to translate the essence of it:
It says that the artists like Stones, Springsteen (Bon Jovi) etc. doesn't take high enough prices. They can sell the tickets at a higher cost. The secondhandmarked is often 50% or often even higher than the price the artist sell the ticket at.
From 1996 to 2003 the ticketprice raised only 9% in the US.
It says that Sprigsteen take only 1/4 of whats "he's worth."
-"Springsteen took $75 and later they cost $300 at the blackmarket."
10% of all tickets sold in the US is bought from blackmarket.
The conclusion is that if the artists raise the price, secondhandsale would be to expensive for people. The danger is that only people with LOTS of money can go to conserts, not the "regular" fan.
In some way his right. As long as people are willing to pay LOTS of money for tickets, they might as well go to the artist instead of some secondhanddude.
Stones have raised their ticketprice alot lately.
For those of you who understand norwegian, you can read the full article here:
http://e24.no/naeringsliv/article1743412.ece
I don't know how it is in US, UK and other nations, but here in Norway they're planning to make a law agains it. It will be interesting to see the result of it.