Fergie's Tech Blog

Web helps scalpers corner the concert market

A report on the NBC Nightly News tonight (and subsequently posted to the MSNBC web site) explains that ticket sales web sites, such as TicketMaster are making it easier for people to buy up large blocks of choice seats at all sorts of entertainment venues, only to turn around and scalp them for ridiculously high prices. A quote from the beginning of the article explains that:

"The only way you can get to see Bruce Springsteen perform in East Rutherford, N.J. — in a concert that sold out on the first day seats went up for grabs — is to buy tickets at hugely inflated prices from scalpers. And now, the Internet makes it easy for them to nail down the best seats to all sorts of major events."