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SharkTanked

TicketMaster Recruiting Professional Scalpers

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The Box Office giant, which has a near monopoly on ticketing, loves getting twice the fees from the scalping industry...

https://www.cbc.ca/news/business/a-public-relations-nightmare-ticketmaster-recruits-pros-for-secret-scalper-program-1.4828535

"Company representatives told them Ticketmaster's resale division turns a blind eye to scalpers who use ticket-buying bots and fake identities to snatch up tickets and then resell them on the site for inflated prices. Those pricey resale tickets include extra fees for Ticketmaster.

...

"Casey Klein, Ticketmaster Resale director, held a session that was closed to the media called 'We appreciate your partnership: More brokers are listing with Ticketmaster than ever before.'

The audience heard that Ticketmaster has developed a professional reseller program and within the past year launched TradeDesk, a web-based inventory management system for scalpers. The company touts it as 'The most powerful ticket sales tool. Ever.'"

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