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Online ticket brokering is the resale of tickets through a web-based ticket brokering service. Prices on ticket brokering websites are determined by demand, availability, and the ticket reseller. Tickets sold through an online ticket brokering service may or may not be authorized by the official seller.
Ticket resale (also known as ticket scalping or ticket touting when done for profit) is the act of reselling tickets for admission to events. Tickets are bought from licensed sellers and then sold for a price determined by the individual or company in possession of the tickets.
As of 2016, ticket resale was Ticketmaster's fastest growing business. [48] In 2022, Ticketmaster was experimenting with a demand-based, dynamic pricing which would vary the ticket price based upon demand. The new system is touted to give artists a higher share of the revenues that would otherwise be coming through resale ticket sales. [49]
Oasis has warned against buying resale tickets at inflated prices with companies other than its promoter, saying those tickets will not be valid – but has yet to comment on the dynamic pricing ...
The resale ticket site said it has seen a 3.1% price increase for this game post-Taylor. Prices on resale ticket site StubHub start at $288 in the upper level for one ticket, before fees.
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