Madonna's Official Scalper - A Top Story This Week
"Madonna's coming concert tour is to feature what appears to be a first in the concert business: An official ticket reseller that will peddle seats at marked-up prices to fans who couldn't get them through normal channels," reports WSJ.
"In the U.S. and Canada, eBay Inc.'s StubHub will serve as the 'official fan-to-fan ticket marketplace.' In Europe, the role will be filled by Viagogo Ltd., a ticket reseller that also will sell 'VIP packages' -- higher-priced tickets that include amenities like backstage passes and meetings with performers."
What's the point of this? Live Nation won't sell all the tickets direct to fans so they can hold some to rip off fans for more money? The article doesn't say this, but a cynical mind might connect those dots. - more on this story