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a league of their own?!.....Amazon branching out to offer this [ yes! ]....
Posted by: NewtonMP2100
Date: August 11, 2017 06:21AM
....tickets to events......stop Ticketmaster's strangle hold/monopoly [ loathe Ticketmaster and all the fees/jacked up prices. hopefully, will put them out of business ]......

.......Amazon already does this in the U.K [ outselling Ticketmaster for some events ]......



Exclusive: Amazon in talks to offer event ticketing in U.S. - sources

....Amazon.com Inc is seeking to partner with U.S. venue owners to sell event tickets, four sources have told Reuters, a move that could loosen Ticketmaster's powerful grip on the lucrative ticketing business.

If Amazon moves ahead, it would represent the latest attempt by the world's largest online retailer to use its massive customer base, tech savvy and bargaining power to shake up a big market.

The Seattle-based company sees the U.S. ticketing market as ripe for attack. Consumers dislike ticket fees, and venue owners, sports leagues and teams want more distributors for their tickets as they seek to boost sales.

Access to tickets could be another means to lure members to the Amazon Prime shopping club. For music acts and sports teams, selling tickets through Amazon could help sell their merchandise.

Currently Ticketmaster, owned by Live Nation Entertainment Inc, is the exclusive seller of primary tickets for many top venues in the United States. Would-be challengers have struggled to compete in the face of Ticketmaster's strong relationships with the operators of major U.S. sports stadiums, arenas, concert halls and other venues.

Amazon has had success with ticketing in Britain, where it has been selling seats to West End shows since 2015, even outselling Ticketmaster for some events, according to one of the sources, who owns venues in that country. It is less common for venues in Britain to have an exclusive ticket provider.

Amazon did not return a request for comment. Live Nation declined to comment.

Live Nation's shares, which had been up more than 12 percent earlier on Thursday after the company's quarterly results, pared gains following the Reuters report and briefly turned negative. The shares recovered to close up 5.6 percent in the stock's busiest trading day by volume since June 2014. Amazon shares closed down 2.6 percent.



the best news ever.................?!



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Edited 1 time(s). Last edit at 08/11/2017 06:36AM by NewtonMP2100.
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Re: a league of their own?!.....Amazon branching out to offer this [ yes! ]....
Posted by: cbelt3
Date: August 11, 2017 08:09AM
Yeah but you can expect the surge pricing to get very nasty... Amazon's pricing models are well known and lamented.
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Re: a league of their own?!.....Amazon branching out to offer this [ yes! ]....
Posted by: NewtonMP2100
Date: August 11, 2017 09:29AM
.....we'll see just hate Ticketmaster so much, hoping the competition will help.....



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I reject your reality and substitute my own!
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Re: a league of their own?!.....Amazon branching out to offer this [ yes! ]....
Posted by: GuyGene
Date: August 11, 2017 10:20AM
Good. As long as there's competition for these rascals.



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Re: a league of their own?!.....Amazon branching out to offer this [ yes! ]....
Posted by: Filliam H. Muffman
Date: August 11, 2017 12:00PM
It is good to hear TicketB@stard has real competition but I doubt that Amazon is getting into the business to make ticket services a lot cheaper.



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Re: a league of their own?!.....Amazon branching out to offer this [ yes! ]....
Posted by: DavidS
Date: August 11, 2017 01:04PM
The problem is that Ticketmaster now owns or has extremely strong relationships with the larger venues that attract the best music acts. There are many smaller ticket sellers (TicketFly, for example), but they service the smaller venues.

Good luck to Amazon, but I'm doubtful this will do much of anything.
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