Skip to Content Facebook Feature Image

Frustrated with event ticketing? New ventures try to help

News

Frustrated with event ticketing? New ventures try to help
News

News

Frustrated with event ticketing? New ventures try to help

2019-08-24 22:08 Last Updated At:22:30

Event organizers hoping to eliminate ticket scams and huge markups in the secondary market are increasingly turning to companies that use technology to allow fans to buy and resell their tickets while putting caps on prices.

Partnering with such companies allows event organizers to take control of the resale of their tickets. Fans who can't go can return their tickets, which can be reissued to someone who wants to go, helping ensure that venues are filled with fans.

More Images
In this photo taken Friday, June 21, 2019, FlipTix CEO Jaime Siegel, seated, works at his company's tent at the entrance to the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it.  Event organizers hoping to eliminate ticket scams and huge markups in the secondary market are increasingly turning to companies that use technology to allow fans to buy and resell their tickets while putting caps on prices.(AP PhotoEric Risberg)

Event organizers hoping to eliminate ticket scams and huge markups in the secondary market are increasingly turning to companies that use technology to allow fans to buy and resell their tickets while putting caps on prices.

** HOLD FOR STORY ** In this photo taken Friday, June 21, 2019, FlipTix workers load a ticket printer in their tent at the entrance to the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

The U.S. ticketing industry is sporadically regulated: Pursuit of those who violate the law by using ticket-buying software known as bots is rare, and laws capping the resale price of tickets are difficult to enforce.

In this photo taken Friday, June 21, 2019, FlipTix CEO Jaime Siegel, left, explains what his company does at the entrance of the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

"We make a really, really concerted effort to keep our ticket prices as low as we possibly can to make sure that people have a good fan experience," said Megan Gaver, director of operations at Sound Nightclub.

In this photo taken Friday, June 21, 2019, FlipTix CEO Jaime Siegel demonstrates his company's application at the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

The secondary market, though, does give those buying and selling tickets options: Sellers can pick the asking prices, and buyers may be able to find tickets at below face value.

In this photo taken Friday, June 21, 2019, framed by a sheet of tickets, FlipTix CEO Jaime Siegel, center, works with his team to set up their tent at the entrance to the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

With the San Francisco-based online ticket exchange Lyte, those returning tickets to sold out shows are offered a price — usually a full refund though sometimes a bit more or a bit less, depending on how oversold they are, said CEO and founder Ant Taylor. Tickets are resold at price lower than they're going for on the secondary market, he said.

"As in many other areas of our economy, technology is racing ahead to try and address some of the issues that we and others have identified — and any consumer who has tried to buy a ticket recently can probably attest to," said John Breyault of the National Consumers League.

In this photo taken Friday, June 21, 2019, FlipTix CEO Jaime Siegel, seated, works at his company's tent at the entrance to the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it.  Event organizers hoping to eliminate ticket scams and huge markups in the secondary market are increasingly turning to companies that use technology to allow fans to buy and resell their tickets while putting caps on prices.(AP PhotoEric Risberg)

In this photo taken Friday, June 21, 2019, FlipTix CEO Jaime Siegel, seated, works at his company's tent at the entrance to the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. Event organizers hoping to eliminate ticket scams and huge markups in the secondary market are increasingly turning to companies that use technology to allow fans to buy and resell their tickets while putting caps on prices.(AP PhotoEric Risberg)

The U.S. ticketing industry is sporadically regulated: Pursuit of those who violate the law by using ticket-buying software known as bots is rare, and laws capping the resale price of tickets are difficult to enforce.

"I think it's great that there's a lot of entrepreneurial activity in this space because this market is pretty broken, but I also think some government intervention would help too," said Eric Budish, a University of Chicago economics professor.

Sound Nightclub in Los Angeles decided to work with London-based mobile ticketing company Dice to make sure that fans pay the price they've set — usually $15 to $30 for musical acts — and don't end up with fake tickets.

** HOLD FOR STORY ** In this photo taken Friday, June 21, 2019, FlipTix workers load a ticket printer in their tent at the entrance to the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

** HOLD FOR STORY ** In this photo taken Friday, June 21, 2019, FlipTix workers load a ticket printer in their tent at the entrance to the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

"We make a really, really concerted effort to keep our ticket prices as low as we possibly can to make sure that people have a good fan experience," said Megan Gaver, director of operations at Sound Nightclub.

Tickets to events are bought on the Dice app, then delivered and linked to the buyer's cellphone. If an event sells out, a waitlist starts. Ticketholders who can't make it can return tickets for a full refund. The app also lets someone send their ticket to a friend.

"We just cut off the scalpers' supply completely," said Shanna Jade, head of music for North America for Dice.

In this photo taken Friday, June 21, 2019, FlipTix CEO Jaime Siegel, left, explains what his company does at the entrance of the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

In this photo taken Friday, June 21, 2019, FlipTix CEO Jaime Siegel, left, explains what his company does at the entrance of the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

The secondary market, though, does give those buying and selling tickets options: Sellers can pick the asking prices, and buyers may be able to find tickets at below face value.

Aimee Campbell, a spokeswoman for StubHub, the world's largest ticket marketplace, said that on average, about half of their tickets sell for face value or below. She also said the notion of face value is "becoming fairly obsolete" as some primary ticket sellers have started adjusting ticket prices based on demand.

"We do believe that an open market — where the market sort of figures itself out — is going to ultimately be better," Campbell said, adding that her company offers guarantees to buyers and sellers.

In this photo taken Friday, June 21, 2019, FlipTix CEO Jaime Siegel demonstrates his company's application at the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

In this photo taken Friday, June 21, 2019, FlipTix CEO Jaime Siegel demonstrates his company's application at the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

With the San Francisco-based online ticket exchange Lyte, those returning tickets to sold out shows are offered a price — usually a full refund though sometimes a bit more or a bit less, depending on how oversold they are, said CEO and founder Ant Taylor. Tickets are resold at price lower than they're going for on the secondary market, he said.

"What actually ends up happening is the scalpers who are sitting in the secondary market are having a much harder time finding buyers and making money," Taylor said. "And so it has the effect of actually driving those crazy secondary market prices down."

Those working with Lyte have included Mumford & Sons, the Newport Folk Festival and the Coachella Valley Music and Arts Festival.

In this photo taken Friday, June 21, 2019, framed by a sheet of tickets, FlipTix CEO Jaime Siegel, center, works with his team to set up their tent at the entrance to the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

In this photo taken Friday, June 21, 2019, framed by a sheet of tickets, FlipTix CEO Jaime Siegel, center, works with his team to set up their tent at the entrance to the Clusterfest comedy event in San Francisco. The company's application lets people who leave a venue early sell their ticket and lets someone who wants the remainder of the ticket buy it. (AP PhotoEric Risberg)

Thomas Cussins, president of Oakland, California-based Ineffable Music, which owns and operates clubs and festivals, said the number of their tickets that are scalped was cut in half by partnering with Lyte.

Newport Beach, California-based FlipTix focuses on selling the time remaining if someone leaves an event like a festival. CEO Jaime Siegel said tickets aren't sold for above face value and what the seller gets varies from event to event.

Kaaboo Texas partnered with FlipTix for its multiday festival in Arlington, Texas, in May. Other partners have included Clusterfest, a comedy festival in San Francisco, and the Sonic Temple Art and Music Festival in Columbus, Ohio.

Ali Coffman, 37, of Oklahoma City, planned to attend just one day of Kaaboo Texas, so when family members wanted to go the next day, she decided to try Fliptix, which she had just heard about.

"It's very easy, foolproof. If you have a smartphone, anybody can do it," she said

Coffman said she almost always buys tickets from the venue, so it wasn't until she confirmed with the box office that FlipTix was partnered with the festival that she bought from them.

"I'm very cautious about buying tickets because I've had so many friends scammed," Coffman said.

Next Article

US envoy to UN visits Nagasaki A-bomb museum, pays tribute to victims

2024-04-19 20:20 Last Updated At:20:31

TOKYO (AP) — The American envoy to the United Nations called Friday for countries armed with atomic weapons to pursue nuclear disarmament as she visited the atomic bomb museum in Nagasaki, Japan.

Linda Thomas-Greenfield, who became the first U.S. cabinet member to visit Nagasaki, stressed the importance of dialogue and diplomacy amid a growing nuclear threat in the region.

“We must continue to work together to create an environment for nuclear disarmament. We must continue to prevent the spread of nuclear weapons in every corner of the world,” she said after a tour of the atomic bomb museum.

“For those of us who already have those weapons, we must pursue arms control. We can and must work to ensure that Nagasaki is the last place to ever experience the horror of nuclear weapons,” she added, standing in front of colorful hanging origami cranes, a symbol of peace.

The United States dropped the world’s first atomic bomb on Hiroshima on Aug. 6, 1945, destroying the city and killing 140,000 people. A second attack three days later on Nagasaki killed 70,000 more people. Japan surrendered on Aug. 15, ending World War II and its nearly half-century of aggression in Asia.

Nagasaki Gov. Kengo Oishi said in a statement that he believed Thomas-Greenfield's visit and her first-person experience at the museum “will be a strong message in promoting momentum of nuclear disarmament for the international society at a time the world faces a severe environment surrounding atomic weapons.”

Oishi said he conveyed to the ambassador the increasingly important role of Nagasaki and Hiroshima in emphasizing the need of nuclear disarmament.

Thomas-Greenfield's visit to Japan comes on the heels of Prime Minister Fumio Kishida's official visit to the United States last week and is aimed at deepening Washington's trilateral ties with Tokyo and Seoul. During her visit to South Korea earlier this week, she held talks with South Korean officials, met with defectors from North Korea and visited the demilitarized zone.

The ambassador said the United States is looking into setting up a new mechanism for monitoring North Korea's nuclear weapons program. Russia and China have thwarted U.S.-led efforts to step up U.N. sanctions on North Korea over its ballistic missile testing since 2022, underscoring a deepening divide between permanent Security Council members over Russia’s war on Ukraine.

She said it would be “optimal” to launch the new system next month, though it is uncertain if that is possible.

The U.N. Security Council established a committee to monitor sanctions, and the mandate for its panel of experts to investigate violations had been renewed for 14 years until last month, when Russia vetoed another renewal.

In its most recent report, the panel of experts said it is investigating 58 suspected North Korean cyberattacks between 2017 and 2023 valued at approximately $3 billion, with the money reportedly being used to help fund its weapons development.

The United States, Japan and South Korea have been deepening security ties amid growing tension in the region from North Korea and China.

U.S. Ambassador to United Nations Linda Thomas-Greenfield, left, and Japan's Prime Minister Fumio Kishida, right, shake hands during a meeting Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, left, and Japan's Prime Minister Fumio Kishida, right, shake hands during a meeting Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, left, and Japan's Prime Minister Fumio Kishida, right, shake hands during a meeting Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, left, and Japan's Prime Minister Fumio Kishida, right, shake hands during a meeting Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, right, speaks to Rahm Emanuel, U.S. Ambassador to Japan, second right, as they wait for a meeting with Japan's Prime Minister Fumio Kishida Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, right, speaks to Rahm Emanuel, U.S. Ambassador to Japan, second right, as they wait for a meeting with Japan's Prime Minister Fumio Kishida Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, left, and Rahm Emanuel, U.S. Ambassador to Japan, right, walk to meet Japan's Prime Minister Fumio Kishida Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, left, and Rahm Emanuel, U.S. Ambassador to Japan, right, walk to meet Japan's Prime Minister Fumio Kishida Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, left, and Japan's Prime Minister Fumio Kishida, right, talk prior to a meeting Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, left, and Japan's Prime Minister Fumio Kishida, right, talk prior to a meeting Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, left, and Japan's Prime Minister Fumio Kishida, right, prepare to talk during a meeting Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

U.S. Ambassador to United Nations Linda Thomas-Greenfield, left, and Japan's Prime Minister Fumio Kishida, right, prepare to talk during a meeting Friday, April 19, 2024, at prime minister's office in Tokyo. (AP Photo/Eugene Hoshiko, Pool)

Recommended Articles