Thursday, August 13, 2009

Wow wow

The police will begin directing traffic at 10AM this Saturday for the Phish show at Merriweather. I just checked StubHub and lawn seats are currently selling for about $250.


Anonymous said...

No comment on the disparity between the first and second markets for tickets? I paid $49.50 (plus $10 in fees) for a pavilion seat through Phish's presale, and clearly that was a steal.

Why does the concert industry work this way? Why wouldn't Phish (or Ticketmaster acting on Phish/Merriweather's behalf) sell tickets for what they're really worth?

Freemarket said...

Excellent questions. This seems like an example of business people leaving a lot of money on the table when they first sell the tickets, only to have it captured by others in the secondary market.

Bob O said...

The worth of a thing is what it will bring.

Didn't you get that?

I mean, it's not that hard. If it's too expensive for you, don't buy it.