Taylor Swift tickets are now on sale in New Orleans. Media predicts that concertgoers may be charged up to $10,000 per ticket.
Since Taylor Swift announced her three-night stop at the Caesars Superdome, New Orleans as part of the extended Eras Tour last week, Swifties in the area have been preparing themselves for the Great War to secure tickets.
Get ready for a fresh round of progressive complaining about Ticketmaster—which does indeed charge high prices and high fees for in-demand items like Taylor Swift tickets, but which also does not appear to be the culprit here.
Scalpers are already selling “tickets”, which they falsely claim to be, on websites like Stubhub Seatgeek and Vivid Seats. It’s not the actual tickets that a reseller owns, but potential tickets they hope to obtain and sell. This is known as speculative tickets.
The resellers may cancel an order if they are unable to obtain a ticket, or if for some reason they choose not to complete the transaction. This can leave fans with no tickets at the last moment.
Prices are much higher than those offered by Ticketmaster in the initial sale. Scalpers are selling nosebleed tickets for $1,500 while the same seat at a Houston concert in April cost $140.
Scalpers also sell prospective tickets on the first floor of the venue for more than $10,000. This is at least ten times what someone would have to pay for the same seats if they went straight through Ticketmaster.
The resellers may cancel an order if they are unable to obtain a ticket, or if for some reason they choose not to complete the transaction. This can leave fans with no tickets at the last moment.
Scalpers also sell prospective tickets on the first floor of the stadium for more than 10,000 dollars, which is at least ten times what a person would pay for the same seats if they bought them directly through Ticketmaster.
You’d think at some point that the self-proclaimed “consumer rights advocates” of the world, like Elizabeth Warrens, would realize that Senator John Kennedy has been the only one who has been speaking sense on this issue for several months, and they’d get behind his words… right? Right?
It’s funny that “consumer advocates” are so quiet on this subject. Artists like Taylor Swift or Beyonce are allowing consumers to be exploited. People who make big money off of their fans are robbing them dry. Kennedy has consistently offered a sensible solution to this disgusting problem.
Kennedy says that if you want to lower ticket prices, you should ban or limit ticket sales. It eliminates the whole point of using bots or old-fashioned ticket scalpers on a ticketing website to buy tickets at normal prices and then resell them at outrageous prices on platforms that seem to be based on this. It’s funny to see SeatGeek CEO squirming awkwardly throughout Kennedy’s entire line of questions. Why?
SeatGeek’s business would cease to exist if secondary market ticket prices were banned.
Although it may seem insignificant compared to other current issues, this is a very important issue for many Americans who are losing their money.
