TM Full Disclosure Pricing

@irvingazoff: New TM full disclosure pricing! http://www.ticketmaster.com/event/0D00448D1A496EA9?brand=&tm_link=tm_homeA_g7&hot_ticket_brand=home

Sat 21 Aug 22:38

I clicked on the link.

And, for the record, I guess Irving wasn’t using Tweetdeck, with its automatic URL shortener.  Yes, it’s magic, there are programs which automatically compress long web addresses into short ones.  Although Tweetdeck does it automatically, you can also go to: http://bit.ly/ if you want to.  Just plug the long URL into the window, hit "Shorten", and voila!, a new mini-link appears below.  And if you place your mouse in the right-hand side of the green window containing the shortened URL, a blue bar slides out that says "Click to Copy".  Hit that and now the mini-URL is stored in your clipboard, for posting anywhere, not only on Twitter, but in e-mail and other missives.

Oh, you can criticize Irving for not knowing the above.  But that’s the wrong tack.  The goal today is to get everybody to play, to get everybody in on the discussion, so we can all communicate together.  The cool kids versus the nerds, the insiders versus the outsiders, that game’s history, there’s always something you don’t know…  Be nice as you bring others up to speed.

And, to boot, the long URL Irving tweeted fit within the 140 character Twitter limit, so no harm, no foul.  But what did he MEAN!

And now we come to the real meaning of this missive, its raison d’etre.

I got this e-mail from Michael Witthaus asking:

"Bob-

Do you have any idea what Irving’s tweet about TM full disclosure pricing is about?"

My response was:

"I think he means when you click on the price, it shows all the fees, etc, so you’re not confused/surprised when you check out."

And I copied Irving on this response, and he replied:

"Correct.  Since acts, promoters and venues are fighting full disclosure all-in pricing that consumers want, TM is unilaterally doing this.  Needless to say a major promoter has already written to us demanding we stop. Go ahead and print if you want Bob.   Thanks.  Irving"

Let the games begin.

2 Responses to TM Full Disclosure Pricing


Comments

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  1. […] According to MeasuringWorth, that 2 dollars would be the equivalent of US$14.60 cents in 2008, maybe a little more today. Those $5.50 Beatle tickets in 1965 would cost you US$37.50 today. A .50 cent beer? $3.40 these days. Parking? $6.80. Hot dog? $1.70. A band that made US$5000.00 back in 1965 would be making US$34,000.00 today. So how does it come to pass that current prices for live shows are far higher than this? Simple. Every part of the food chain involved in live shows have become used to the bloated revenue from their respective contributions. From the ticket sellers, and concession owners, right up through the artists themselves, everyone has succumbed to the lure of big bucks instead of just making a comfortable living. It’s no longer enough to be in it for the excitement and the love of music, and to be able to make a nice living doing something you love, it has all become about fame, fortune, and Greed. When the music business started making huge amounts of money, a lot of the people who were responsible for the profits soaring were forced (or bought) out by business people whose main interest was the money, not the music or creativity, or passion that fueled what had made the music business so attractive to them in the first place. As the quality and creativity was replaced by profit margins and market share concerns, the industries eventually had to turn to cost cutting and belt tightening and charging higher prices in order to survive. The bloated salaries and bonuses of the owners and operators, however, remained unscathed, and artists, spending more and more on their live shows, liked the money they could now make on the road, a much bigger slice of the pie than they received for their recordings. As far as the live business is concerned, one of the biggest complaints from music fans are all the hidden costs in purchasing a ticket for a show. There doesn’t seem to be any relief in that department on the horizon, but this may be a step in the right direction. This is from Bob Lefsetz’ highly readable and informed newsletter: Ticket Master’s full disclosure pricing. […]

  2. comment_type != "trackback" && $comment->comment_type != "pingback" && !ereg("", $comment->comment_content) && !ereg("", $comment->comment_content)) { ?>
  3. […] email from Irving Azzof to Bob Lefsetz on Azoff’s ‘full disclosure’ tweet. Azoff wrote: “Correct. Since acts, […]


comment_type == "trackback" || $comment->comment_type == "pingback" || ereg("", $comment->comment_content) || ereg("", $comment->comment_content)) { ?>

Trackbacks & Pingbacks »»

  1. […] According to MeasuringWorth, that 2 dollars would be the equivalent of US$14.60 cents in 2008, maybe a little more today. Those $5.50 Beatle tickets in 1965 would cost you US$37.50 today. A .50 cent beer? $3.40 these days. Parking? $6.80. Hot dog? $1.70. A band that made US$5000.00 back in 1965 would be making US$34,000.00 today. So how does it come to pass that current prices for live shows are far higher than this? Simple. Every part of the food chain involved in live shows have become used to the bloated revenue from their respective contributions. From the ticket sellers, and concession owners, right up through the artists themselves, everyone has succumbed to the lure of big bucks instead of just making a comfortable living. It’s no longer enough to be in it for the excitement and the love of music, and to be able to make a nice living doing something you love, it has all become about fame, fortune, and Greed. When the music business started making huge amounts of money, a lot of the people who were responsible for the profits soaring were forced (or bought) out by business people whose main interest was the money, not the music or creativity, or passion that fueled what had made the music business so attractive to them in the first place. As the quality and creativity was replaced by profit margins and market share concerns, the industries eventually had to turn to cost cutting and belt tightening and charging higher prices in order to survive. The bloated salaries and bonuses of the owners and operators, however, remained unscathed, and artists, spending more and more on their live shows, liked the money they could now make on the road, a much bigger slice of the pie than they received for their recordings. As far as the live business is concerned, one of the biggest complaints from music fans are all the hidden costs in purchasing a ticket for a show. There doesn’t seem to be any relief in that department on the horizon, but this may be a step in the right direction. This is from Bob Lefsetz’ highly readable and informed newsletter: Ticket Master’s full disclosure pricing. […]

  2. comment_type == "trackback" || $comment->comment_type == "pingback" || ereg("", $comment->comment_content) || ereg("", $comment->comment_content)) { ?>

    Trackbacks & Pingbacks »»

    1. […] email from Irving Azzof to Bob Lefsetz on Azoff’s ‘full disclosure’ tweet. Azoff wrote: “Correct. Since acts, […]

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