> issue is that the extra profits generated by dynamic pricing are going to ticketmaster rather than to artists
Ticketmaster claims "promoters and artist representatives set pricing strategy and price range parameters on all tickets, including dynamic and fixed price points" [1].
I don't know how it all works behind the scenes but my guess is that artists just dont want to be blamed for charging their fans a ton?
Ultimately if one ticketing company offers a band 200k to perform a night and another company offers 150k then every band is going to go with the 200k - even if there is a dynamic pricing model for the fans.
The last time I bought concert tickets it was through Vivid Seats. The last NFL game I went to was through StubHub.
Its my understanding that some NFL actually has an official deal to sell through Ticketmaster first - though presumably any of these other companies could have that deal if they paid the NFL more.
FWIW I do think ticket convenience fees should be eliminated (or made so they have to be listed upfront) and this would be good for transparency - but I am also pretty sure that doing so would ultimately just raise listed prices.
Ticketmaster claims "promoters and artist representatives set pricing strategy and price range parameters on all tickets, including dynamic and fixed price points" [1].
[1] https://www.ticketnews.com/2022/07/springsteen-manager-fires...