Submitted by havereddit t3_125c4d2 in explainlikeimfive
Uruz2012gotdeleted t1_je41isz wrote
Reply to comment by havereddit in ELI5: Everyone knows that Ticketmaster is the biggest scumbucket enterprise on the planet yet no band seems able to avoid their grasp. What's to stop a really major act (e.g. Taylor Swift) from performing in venues that are not controlled by Ticketmaster, or just setting up a parallel company? by havereddit
Eventbrite and other ticketing companies own those places too. They form an oligopoly with Ticketmaster by also charging bullshit fees. Since the ticketing companies own all the venues aside from campgrounds that host a few thousand people, you're SOL if you want to sell 10k tickets.
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