What percentage does Ticketmaster take from sellers?
Normally 10\%. Ticketmaster, along with other ticket resale marketplaces, will generally charge around 10\% of the list price when a ticket is sold on Ticketmaster. If you are a large seller or part of Ticketmaster’s Trade Desk program, you can unlock cheaper sell-through rates.
Does Ticketmaster take a fee for selling tickets?
Creating a listing to sell your tickets is always free. However, when your tickets are sold, a service fee is collected from the total selling price of your tickets. During the setup process you’ll be able to view all of the details before finalizing your ticket listing.
How does Ticketmaster make its money?
Ticketmaster generates its revenue by paying venues a specific percentage of service fees they collect for selling the ticket to the users who are interested to buy the same. Ticketmaster helps event organizers to sell tickets in the most accurate way compared to any other ticket-selling platform.
How are concert ticket prices determined?
The standard tickets sold on Ticketmaster are owned by our clients (venues, sports teams or other event promoters) who determine the number of tickets to be sold and set the face value price. In the case of resale tickets, listing prices are determined by the seller, which can include fans or season ticket holders.
How much does Ticketmaster revenue?
Ticketmaster puts resale, unsold tickets in 1 spot which is estimated to be worth more than $4 billion in annual revenue in North America. As of December 31, 2019, total cash and cash equivalents were $2.5 billion, which includes $838 million in ticketing client cash and $697 million in free cash.
Is Ticketmaster a promoter?
Live Nation and Ticketmaster Live Nation, the largest concert promoter, and Ticketmaster Entertainment, the No. 1 ticket seller, announced merger on February 10, 2009.
What percentage of ticket sales do artists get?
On average, the artist takes 74\% of the ticket price, although it can go as high as 90\% in some cases. Now you know why more bands tour so much.
How are concert revenues split?
That can leave anything between 50\% and 70\% of the gross, but there are no hard and fast rules for how that is divided between the act and the promoter. In those instances, the promoter may get as little as 5\%; but for arena shows charging $150 or more for tickets, that 5\% quickly adds up.
Can I sell concert tickets on Facebook Marketplace?
The company is introducing a “Buy Tickets” option on events, starting in the Bay Area, California. Facebook takes no cut from the ticket sale, acting only as a distributor. …
Can you sell transferred tickets on Ticketmaster?
Absolutely, provided Ticket Transfer and Fan-to-Fan Resale are available for your event.
What is Eventbrite revenue?
291.6 million USD (2018)
Eventbrite/Revenue
Who determines the price of tickets sold on Ticketmaster?
The standard tickets sold on Ticketmaster are owned by our clients (venues, sports teams or other event promoters) who determine the number of tickets to be sold and set the face value price. In the case of resale tickets, listing prices are determined by the seller, which can include fans or season ticket holders.
How does Ticketmaster work with event organizers?
Ticketmaster is the world’s largest ticket marketplace, and we partner with Event Organizers to make their tickets available through our marketplace, which includes websites, apps and Fan Support centers across 29 countries. We are focused on using new technologies and building new products that help ensure tickets end up in the hands of real fans.
What are resale tickets on Ticketmaster?
Resale Tickets – Resale tickets are tickets sold by fans, season ticket holders and professional ticket brokers. On Ticketmaster, resale tickets are clearly identified, either by color or by description. The list price of a resale ticket is set by the seller and sometimes might be higher, or lower, than Face Value.
Is it safe to buy tickets from Ticketmaster?
Each day, millions of fans trust Ticketmaster as the place to buy and sell tickets for unforgettable live experiences. We work continuously to provide fans a smooth, safe and fair ticket buying experience.