While touring is one of the biggest sources of revenue in the music industry at the moment, ticket bots are creating issues for artists and fans alike, listing absurdly priced tickets for sale on secondary markets before they’re even initially available to the public.
In this piece for MusicThinkTank, Jason K Ventura provides us with a look at the world of ticket sales’ seedy digital underbelly, and how artists are taking steps to prevent ticket bots from messing with their business.
“In the United States, StubHub is the biggest concert ticket reseller. StubHub gets over twenty million visitors per month. Several secondary market sites like StubHub, TicketNetwork, and Vivid Seats are now under the microscope. The New York attorney general has started an investigation of these sites, because they are ‘too common, it’s like shorting the market with stocks- selling an option that you don’t have.'”