Genuinely interested to know what is keeping a nimble new startup from stepping in and blowing this up.
Genuinely interested to know what is keeping a nimble new startup from stepping in and blowing this up.
http://www.rollingstone.com/music/news/pearl-jam-taking-on-t...
Since then Ticketmaster has only grown more powerful.
It's interesting to read this article in from that time in NY Times:
http://www.nytimes.com/1995/06/15/arts/pearl-jam-bows-to-tic...
http://www.huffingtonpost.com/2012/06/26/louis-ck-ticketmast...
I can't find a good copy of his conclusions from that experiment in my searches right now, but I remember his emails from around that time were not always the happiest.
Previous comment: https://news.ycombinator.com/item?id=11837453
No venue will switch to a new entrant unless the new entrant can guarantee the same demand, so you have the normal chicken and egg program.
The venues provide the demand, not the ticketing system. The venues will use the ticketing system they can get the best pricing from.
If a large band is going on tour they're going to have to go through LiveNation/TM at a number of stops to use the premier venues.
A small startup can take on ticketing (and many do). But taking on the the venue infrastructure is no small undertaking.
I don't know how they are now, but they were great to work with then.
There are plenty of start ups in this space I just don't believe any of them can get exclusive deals with the main huge venues that are part owned by Ticketmaster's parent company.
I'm in the UK and I use Dice whenever I can and absolutely avoid TicketMaster.
They also work up the road from me.
I work at a nimble startup so I can tell you exactly why we haven't been able to secure a lot of Ticketmaster's clients.
They are part of a very large umbrella corporation that also owns booking agencies for popular international artists. So when a venue decides to ditch Ticketmaster, they will be instantly unable to book any big names that are almost guaranteed to get sold out. https://en.wikipedia.org/wiki/Live_Nation_(events_promoter)
This is one of the most important reasons most of our clients are independent event organizers that will never book mega stars.
Nimble new startups will have to take the market from the bottom up.