secondary market Archives - Wakeman Consulting Group

The World Cup: A Global Game of Chicken

The World Cup is two weeks away. Thursday brought a few interesting stories: This is what a game of chicken looks like. A structural standoff where the people with tickets thought they’d be able to get football fans to pay anything to see “the biggest World Cup ever.” All they had to do was wait. […]

The Secondary Ticket Market is Free Falling…

The secondary market is in free fall… Not metaphorically. Let me show you some evidence: I see three structural problems…and no one is offering good solutions. The Regulatory Squeeze: California and New York are considering bans on above-face-value resale. Massachusetts has passed a law to rein in resale. Ontario, Canada, is getting on board. The […]

Even if the States Win, Will It Be Enough?

Thirty-six states and DC returned to the courtroom Monday. They rejected the DOJ’s settlement. They hired a rock star of antitrust. They are presenting evidence. And the evidence is brutal. Bob Roux, Live Nation’s president of US concerts, took the stand on Monday. He claimed “more competition than ever.” He denied blocking artists from non-Ticketmaster […]

The Fix Was Always In

Dan Wall stood in a Manhattan courthouse on Tuesday and said there’s “zero chance” the states will settle. Judge Subramanian shot back: “Not with that attitude.” (I like judges with the same dismissive attitude towards nonsense that I have.) 25 states are still fighting. They know this settlement is a bad deal. It doesn’t stop […]

The BIG Ticket: The Masters

Hi! I kept my head down about The Masters and the ticket story that Darren Rovell and Scott Friedman seem to have been on top of all week. Then, I read a piece about personalities from Ted Gioia this morning. The Honest Broker Is This the Dominant Personality Type of Our Time? Filmmaker Sergio Leone […]

The BIG Ticket: DC Wants to Crack Down on “Spec Tickets” and More!

Hi! Before I get into today’s story, I received a pitch for the podcast about doing a “touring 101” episode. Is that something of interest to you? Loading… DC rolls out a bill to crack down on “spec” tickets and more: This is from around my way. A reader asked what I thought of this. […]

The BIG Ticket: Brokers are Bad. Unless?!

Hi! I’m in Upstate NY for a few days. Spring Break! Hello to all the new subscribers. Thanks to Scott Friedman for plugging the newsletter and sharing some of my notes about the StubHub S-1. I’ve gone through three edits of my analysis of the S-1. I may get it out today. Maybe tomorrow. While […]