A Senate bill designed to lower concert ticket prices needs support, says a new guest column written by Julia Hartz and Stephen Parker.
but front and center for music fans across the country. This focus places our industry at a crossroads. We can either stay with the status quo, in which events are egregiously expensive and funds go to resellers rather than artists and venues, or we can use this moment to support reform that benefits the broader live event ecosystem.
Fans find themselves in a perfect storm. Amid inflation and an unpredictable economy, they face bots, brokers and skyrocketing prices for live experiences , according to Pollstar. While fans are eager to see their favorite acts and artists live, too many cannot. festivals have been canceled as organizers look to consolidate and adjust to rising fees and economic constraints.
Fans are often asked to cough up well over $500 for a decent ticket on the secondary market, and that’s forby fake tickets. Many book non-refundable travel and hotels for concerts they think they have a real ticket for, but they’ve been scammed.Unscrupulous brokers and illegal bots have been increasingly detrimental to consumers. As they resell tickets at the highest possible price, it’s having a direct impact on the full ecosystem of live events, harming fans, artists and venues alike.
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