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Sunday, October 12, 2008

Ticketmaster Is Evil And Must Die

Ticketmaster is an evil monopoly that steals cash from defenseless consumers. They are infinitely more evil than their hated 30% surcharge would suggest, and they must be destroyed.

A Modern Monopoly

Did you know you aren't Ticketmaster's primary customer? Sure, you and your friends bought 141 million tickets last year, but Ticketmaster's loyalty belongs to their true customers: venues and promoters. Ticketmaster secures its monopoly by goading them into multi-year agreements that empower Ticketmaster to act as their exclusive vendor. In exchange, Ticketmaster gives them money. Lots and lots of money. Several million dollars upfront, sometimes.

Ticketmaster doesn't earn a cent from a ticket's face value. It all goes straight back to the venue, promoter, and talent. To sweeten the deal, Ticketmaster also shares a slice of its exorbitant fees, giving venues and promoters an incentive to support Ticketmaster's outrageous markups. "It's not us!," they can whimper. "It's that damn TicketBastard!"

Ticketmaster's 9,000+ exclusive agreements makes them the gatekeeper to 90% of the nation's arenas and amphitheaters, 70% of our clubs and small theaters, and most of our basketball, hockey, and football games.

So What Am I Paying For?

* The Service Charge

This is Ticketmaster's cash cow. The majority of their $1.2 billion in revenue comes from this all-encompassing charge. It appears on all tickets, and cannot be escaped.
* The Facility Charge

This is the venue's cash cow. Sure, they also take a slice from the ticket's face value, but they want more, dammit, and they get it here.
* The Processing Charge

Wait a minute... didn't you pay a service charge? What's the difference between processing and service? Right, there is none. Well, technically that's not true. The service charge is refundable and the processing charge is not. Ticketmaster claims that the processing charge covers their expenses for taking your order and finding you seats. Sounds like service to us.
* The Convenience Charge

By far, the most annoying name for a fee. It's the price you pay for printing out the tickets you bought, even after paying a service and processing fee.

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