There’s intense debate on the internet regarding the reselling of tickets brought on by the recent news of a possible merger between Live Nation and Ticketmaster and the problems with Ticketmaster and Ticketsnow. As one of the owners of Preferred Seating Inc and a ticket broker for over 21 years, I have heard it all. In the late 80’s we were called every name in the book and I see a lot of that on the internet now, just not to my face.
Since we started in this business we have seen prices rise for everything we buy on a daily basis; food, gas, housing, cell phones, cars etc. All of these commodities are bought and sold on the open market and very seldom is anything ever said about how much profit is made off of our daily purchases.
But since tickets generally have a price printed on the ticket, many people don’t believe it should be legal to resell tickets. And they forget the Bennie Babies, Cabbage Patch dolls, and anything they may have sold themselves for a profit including the home they live in. Now they declare that tickets are “sacred cows” that should not be resold for a profit.
I found this quote while on one of our frequent excursions to one of the most magical of places, one that has brought some of the most fun families can have together, yet is also known for high prices. That place would be the Lincoln Theater in Disneyland.
When shallow critics denounce the profit motive inherent in our system of private enterprise, they ignore the fact that it is an economic support of every human right we possess and without it, all rights would disappear. Dwight D. Eisenhower
Maybe Walt took some flak for his prices also. We’re in a big world with limited resources and commodities; we all need to decide which ones we want and need and how much we are willing to pay for them. We can’t have everything, and everything has a price.
And I would like to point out, although I fully support the resell of tickets, I believe there is not enough done to keep the tickets out of the hands of brokers and individuals using software to grab seats, and I would assume since Ticketmaster and Live Nation had so many problems selling tickets last year, they don’t want to disrupt the flow right now.