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Ticketmaster has defended its dynamic pricing system, saying it did not set any of the ticket prices. The US-owned firm, which is the biggest ticket retailer in the world, says the system is in ...
Gene Simmons believes dynamic ticket pricing is capitalism in action.. In a wide-ranging interview published by Forbes on Sunday, Sept. 15, the KISS frontman, 75, said Oasis fans who are upset by ...
Live Nation told NBC News on Wednesday that “all-in pricing has been instituted for all new shows in Live Nation owned and operated venues as of Sept. 25,” but that most upcoming Ticketmaster ...
Ticketmaster was the subject of several controversies, such as anti-competition claims, deceitful relationships with scalpers, data breach, deceptive pricing, and dynamic pricing. [13] According to consumer organizations , Ticketmaster and Live Nation control over 70% of the primary ticketing and live event venues market. [ 14 ]
The tour was promoted by SJM Concerts, MCD Promotions and DF Concerts, all of which had links to Ticketmaster's parent company Live Nation Entertainment. [24] At 13:23 on the day of the public sale, Ticketmaster Ireland announced that their Dublin gigs had sold out, [25] and at 19:00, Oasis tweeted that all tickets had sold out. [26]
Ticket prices for standard screenings were preset at $19.89 for adults, a reference to Swift's re-recorded album 1989 (Taylor's Version), and $13.13 for children and seniors, a possible reference to Swift's lucky number, 13. [15] [24] [28] The film was also made available on premium large formats such as IMAX and Dolby Cinema. [28]
What is dynamic pricing? Dynamic pricing is when a charge varies according to market demand, rather than having a fixed cost. Ticketmaster has said it does not set prices and that it is down to ...
Ticketmaster "may earn a profit on the order processing fee". [41] As the Los Angeles Times has explained, "the 'service fee' is intentionally kept separate from the list price for two reasons: to make the base price of a ticket appear more affordable, and to create the impression that only Ticketmaster pockets that fee."
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