Word: ticketeer
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...cheapest tickets to see Britney Spears perform at the Honda Center in Anaheim, Calif. on April 20 cost $36.50. But that's not what you'll end up paying. Factor in an $11.70 "convenience charge," $3 "building facility" charge, and a $2.50 charge to print your own ticket at home, and you're up to $53.70, 47% more than the original price. Thanks Ticketmaster...
...seats at most major venues in the U.S. (and many abroad) and various events are aggregated on one easy-to-use web site. What rankles customers, though, is the fact that Ticketmaster's behemoth status seems to give them the ability to impose expensive fees on top of standard ticket prices. (See TIME's Top 10 Songs...
...Ticketmaster wants to gobble concert promoter Live Nation to further extend its reach. (Live Nation, which puts on more than 16,000 live shows annually, also recently launched its own ticketing service.) Word of a Ticketmaster-Live Nation merger has angered fans and performers alike, including Bruce Springsteen. Ticketmaster was already on The Boss's bad side after it recently directed fans to its secondary sales apparatus, which charges more, while regular tickets were still available. (The company publicly apologized.) An open letter on Springsteen's web site expressed his outrage: "The one thing that would make the current ticket...
...clear, I am not bitter about paying $80 for a ticket I could have obtained for free. Fortunately, I collected my tickets early and escaped the extortion. A further point of clarification: I took Ec 10. I know about the value of price discrimination and increasing the overall utility by allowing market forces to settle on efficient prices. I respect—and am an advocate of—the capitalistic system. However, it is not acceptable for Harvard students to take advantage of their peers, especially for entry into an event that is devoted to fostering a sense...
...Ticket scalping within the Harvard community is unfair to our peers. Granted, students could have collected their tickets earlier. But the penalty for procrastination should not be hyper-inflated prices. It is no secret that a large portion of the student body is able and willing to pay ludicrous prices to attend events like the Game, formals, and Commencement, but what of the students on significant financial aid? Though they would gain equal amount of pleasure from attending the Game, they face tradeoffs. When it comes to choosing between a football game and next semester’s textbooks, there...