Seatwave Closing Down

Exclamation Marc · 13-08-2018 8:28am #1

Confirmed by Ticketmaster today. I know it's because of the proposed legislation but still, great news!

https://twitter.com/TicketmasterIre/status/1028899927164895232?s=19

drunkmonkey · 13-08-2018 9:59am

Disappointing I've used it a few times for buying and selling are adverts and buy&sell going to now ban ticket listing?
People will still want tickets and if in short supply they'll pay over sticker price there's no law going to change that.

Exclamation Marc · 13-08-2018 10:00am

drunkmonkey wrote: »

Disappointing I've used it a few times for buying and selling are adverts and buy&sell going to now ban ticket listing?
People will still want tickets and if in short supply they'll pay over sticker price there's no law going to change that.

Ticket listing isn't banned. Selling over the odds is.

And it will simply mean that touts will not buy tickets in huge quantities to resell because the most reliable platforms won't exist. Further, ticketmaster won't essentially double dip on fees.

It's great news.

judeboy101 · 13-08-2018 10:02am

More on the dole cue, thanks to left wing anti capitalist thinking. Let the free market decide prices.

SteelyDanJalapeno · 13-08-2018 10:02am

Excellent news

drunkmonkey · 13-08-2018 10:04am

Believe it when I see it, just makes the black market bigger.

SteelyDanJalapeno · 13-08-2018 10:04am

drunkmonkey wrote: »

Believe it when I see it, just makes the black market bigger.

How so?

SteelyDanJalapeno · 13-08-2018 10:05am

Exclamation Marc wrote: »

Ticket listing isn't banned. Selling over the odds is.

And it will simply mean that touts will not buy tickets in huge quantities to resell because the most reliable platforms won't exist. Further, ticketmaster won't essentially double dip on fees.

It's great news.

Was it not treble dipping?

handling charge when the ticket is purchased initially, handling charge for the reseller and handling charge for the new buyer.

jacksn · 13-08-2018 10:05am

"And instead we are going to introduce our new platform.. WaveSeat"

drunkmonkey · 13-08-2018 10:09am

SteelyDanJalapeno wrote: »

How so?

There's not enough to tickets for every event, it's basic enonomics from there on in. The market decided the value then, it still will.

WoollyRedHat · 13-08-2018 10:10am

judeboy101 wrote: »

More on the dole cue, thanks to left wing anti capitalist thinking. Let the free market decide prices.

The free market as represented by TM were operating in a shady way. This is a good thing, especially when such a company has such an unfair advantage to begin with.

ghostdancer · 13-08-2018 10:11am

judeboy101 wrote: »

More on the dole cue, thanks to left wing anti capitalist thinking. Let the free market decide prices.

:pac:

yeah, because i'm sure the touts are sitting there declaring all the taxes on their ticket sales, and definitely not claiming the dole too if they can :rolleyes:

drunkmonkey · 13-08-2018 10:13am

WoollyRedHat wrote: »

The free market as represented by TM were operating in a shady way. This is a good thing, especially when such a company has such an unfair advantage to begin with.

The chargers were criminal the concept shouldn't be. It'll just move to eBay UK or something similar.

ghostdancer · 13-08-2018 10:14am

drunkmonkey wrote: »

There's not enough to tickets for every event, it's basic enonomics from there on in. The market decided the value then, it still will.

sure, except now it will be a lot harder for that value to be over face-value.

i'm sure it still will be on the street or some shady sites that the vast majority of people don't know about, but selling for more than face value is now banned, and there are less outlets to do it, then there'll be far less tickets sold for more than face value.

happypants · 13-08-2018 10:16am

Great news. I've pretty much given up on going to concerts because of the ridiculous prices artists are charging now most are over €100 for **** seats. I'd rather go to a gig in Europe and make a weekend out of it, we are majorly ripped off compared to the likes of Amsterdam. I wonder will this push the prices up even more.

draiochtanois · 13-08-2018 10:16am

This post has been deleted.

drunkmonkey · 13-08-2018 10:17am

Handling charges and posting fees will go through the roof, 1 X Ed Sheeran ticket €79 + €399 P&P.
It's only banned in Ireland, the market will just move to some platform not governed by the laws here.

K.Flyer · 13-08-2018 10:24am

drunkmonkey wrote: »

Disappointing I've used it a few times for buying and selling are adverts and buy&sell going to now ban ticket listing?
People will still want tickets and if in short supply they'll pay over sticker price there's no law going to change that.

Part of the reason for short supply was the touts and ticketmaster using whatever means to scoop up large quantities of tickets purely to sell on for extortionate profits.
Now, if the law works, there will be a better chance for those interested in the event getting tickets without being roasted.

drunkmonkey wrote: »

Handling charges and posting fees will go through the roof, 1 X Ed Sheeran ticket €79 + €399 P&P.
It's only banned in Ireland, the market will just move to some platform not governed by the laws here.

No P&P fees when you go to a TM kiosk

Zardoz · 13-08-2018 10:34am

draiochtanois wrote: »

This post has been deleted.

This announcement makes Ticketmaster look like the good guys but really its all just smoke and mirrors.
Do people really think a company like Livenation/Ticketmaster are going to give up all that profit ?

There will be more tickets ring fenced for Platinum seats and more VIP packages launched.
Dynamic ticket pricing will also be rolled out here .

It will mean a bigger cut for Ticketmaster and a further strengthening of their monopoly .
Ticket prices will go up .
Ticketmaster want to be the biggest tout of all.

Suckit · 13-08-2018 10:43am

drunkmonkey wrote: »

The chargers were criminal the concept shouldn't be. It'll just move to eBay UK or something similar.

Sites like ebay will make it much easier to see who the touts are. Making many less likely to buy from them a 2nd time, and will probably get bad ratings from people who feel forced to pay way over the odds because all the tickets have been bought up by touts.

wacotaco · 13-08-2018 10:44am

Zardoz wrote: »

This announcement makes Ticketmaster look like the good guys but really its all just smoke and mirrors.
Do people really think a company like Livenation/Ticketmaster are going to give up all that profit ?

There will be more tickets ring fenced for Platinum seats and more VIP packages launched.
Dynamic ticket pricing will also be rolled out here .

It will mean a bigger cut for Ticketmaster and a further strengthening of their monopoly .
Ticket prices will go up .
Ticketmaster want to be the biggest tout of all.

TM have platinum seats for U2 for sale at 600e. The tickets are all upper tier seats. Tout prices for crap seats.

Suckit · 13-08-2018 10:50am

drunkmonkey wrote: »

Handling charges and posting fees will go through the roof, 1 X Ed Sheeran ticket €79 + €399 P&P.
It's only banned in Ireland, the market will just move to some platform not governed by the laws here.

It's banned in most of the U.S. and is expected across Europe.
https://www.europe-consommateurs.eu/en/news-and-alerts/sports-and-events/the-resell-of-tickets-in-the-eu-forbidden-or-allowed/

ghostdancer · 13-08-2018 10:54am

"Ticket prices will go up"

given the absolute sh1tload of big events not selling out at the moment, I'm not sure that's a sound business strategy...

Amirani · 13-08-2018 10:55am

Suckit wrote: »

It's banned in most of the U.S. and is expected across Europe.
https://www.europe-consommateurs.eu/en/news-and-alerts/sports-and-events/the-resell-of-tickets-in-the-eu-forbidden-or-allowed/

That's not completely clear. If that means any resell of tickets then it's terrible news for consumers - why should people not be able to resell tickets that they can't use? Or is it exclusively relating to resell above face value?

Also, reselling tickets is not banned in the US. Have you never used StubHub etc. over there?

Suckit · 13-08-2018 11:02am

Amirani wrote: »

That's not completely clear. If that means any resell of tickets then it's terrible news for consumers - why should people not be able to resell tickets that they can't use? Or is it exclusively relating to resell above face value?

Also, reselling tickets is not banned in the US. Have you never used StubHub etc. over there?

If you click each Country on that map it states whether or not they allow it. Some do (Portugal, Germany) some don't (France, Spain) but it is expected to be tightened everywhere within the next few years.

Yes, I know stubhub, I only said 'most of the U.S.' but I was wrong. The majority of the U.S. allow it :eek: (shocked by that one).

https://en.wikipedia.org/wiki/Ticket_resale#United_States

Suckit · 13-08-2018 11:06am

I wouldn't have a problem with touts in general. But when a gig goes on sale and is sold out in 10 minutes, only to go back on sale at 4 times the original price, that's ridiculous.

This is great news for the general public. There'll still be the possibility for touts to make money out of tickets, it's just less likely to be extortionate amounts anymore.

....... · 13-08-2018 11:10am

drunkmonkey wrote: »

There's not enough to tickets for every event, it's basic enonomics from there on in. The market decided the value then, it still will.

The market didnt decide the value. TM did.

They claimed concerts were sold out in minutes - but then the tickets reappeared at massively inflated prices on Seatwave. So they were never available to sell at the original prices.

Zardoz · 13-08-2018 11:13am

....... wrote: »

The market didnt decide the value. TM did.

They claimed concerts were sold out in minutes - but then the tickets reappeared at massively inflated prices on Seatwave. So they were never available to sell at the original prices.

What lame excuse will people spin after October when events still sell out in seconds ?
They wont be able to blame Seatwave anymore.

ghostdancer · 13-08-2018 11:17am

....... wrote: »

The market didnt decide the value. TM did.

They claimed concerts were sold out in minutes - but then the tickets reappeared at massively inflated prices on Seatwave. So they were never available to sell at the original prices.

well no, a tiny proportion of tickets reappeared at inflated prices, and for most gigs sat there for months without being bought....

any gigs that sell out in seconds are down to demand from normal people and being sold to them at original prices.

if TM were holding back tickets to put onto Seatwave, they were doing an absolutely dreadful job of it.

Amirani · 13-08-2018 11:27am

Suckit wrote: »

If you click each Country on that map it states whether or not they allow it. Some do (Portugal, Germany) some don't (France, Spain) but it is expected to be tightened everywhere within the next few years

That's a shocking situation in France/Spain and pretty terrible for consumers. You buy a ticket for a gig 9 months away and something comes up in the meantime meaning you can't go. You're left stuck with a gig ticket that it's illegal for you to sell on? Rubbish.

I've never sold a ticket about face value, but have had to sell on tickets for gigs I couldn't make plenty of times in the past. Banning that is crazy.

....... · 13-08-2018 11:32am

Zardoz wrote: »

What lame excuse will people spin after October when events still sell out in seconds ?
They wont be able to blame Seatwave anymore.

I dont think anyone minds an event genuinely selling out in seconds.

Its when it sells out in seconds and 5 minutes later thousands of tickets appear on Seatwave at massively inflated prices that is the issue.

Seatwave Closing Down

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