Today Ticketnetwork.com released their third quarter report, announcing: “in concert trends, country music is king“. Country musicians occupied three spots in their top five most sold artists.
These are the five acts that topped their third quarter sales reports: The Eagles, Luke Bryan, Justin Timberlake, George Strait, and Jason Aldean.
Ticketnetwork.com is an online ticket reselling marketplace where sellers and buyers can list and buy tickets for various types of events. The company says they “connect thousands of live entertainment fans to the vast network of independent sellers that list tickets.”
Unsurprisingly, most of these tickets are sold well above list price.
Tickets for the sold out Phantogram show at the Crescent Ballroom in Phoenix were originally $18 – $20, on Ticketnetwork.com they sell for $82 – $157. The site also lists tickets for many shows that are not yet sold out. Tickets for The 1975 at Club Congress in Tucson are $13 if you buy direct. The show is not likely to sell-out, but you could buy tickets on Ticketnetwork.com for $46 – $154 anyways.
In 2011 the State of Connecticut loaned Ticketnetwork.com a total of $6.3 million, with $1 million forgivable and a $250,000 grant for the creation of 200 jobs. In 2012, the company withdrew from the program after their then-CEO was arrested.
Are Ticketnetwork.com’s stats indicative of ticket sales as a whole? Or do they tell us which fans have the most cash to fork over for high-price resold tickets?