Tech

CYBER: Why Concert Tickets Are So Expensive

A vertically integrated monopoly is using an algorithm to generate dynamic prices that run up the cost of live music.
Matthew Gault
Blink 182
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Hacking. Disinformation. Surveillance. CYBER is Motherboard's podcast and reporting on the dark underbelly of the internet.
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Have you tried going to a concert recently? What about a stadium show for a popular comedian? What did it cost? How was the Ticketmaster experience? Like everything else, the price of live event tickets is on the rise.

But the reasons why aren’t as simple as inflation and the economy. Outrageous ticket prices are all about a business monopoly using an algorithm to outflank the secondary market.

It’s a surreal story and here to tell it is Motherboard editor-in-chief Jason Koebler.

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Stories discussed in this episode:

Blink-182 Tickets Are So Expensive Because Ticketmaster Is a Disastrous Monopoly and Now Everyone Pays Ticket Broker Prices

The Man Who Broke Ticketmaster

We’re recording CYBER live on Twitch and YouTube. Watch live during the week. Follow us there to get alerts when we go live. We take questions from the audience and yours might just end up on the show. 

Subscribe to CYBER on Apple Podcasts or wherever you listen to your podcasts.

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