Category Archives: Ticketmaster

Green Day in Sydney for $500 – is dynamic pricing reserving live music for the rich?

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Ticketmaster and Ticketek claim demand-driven prices mitigate the problem of scalping, when tickets are bought – often by AI bots – and resold at inflated prices

Dynamic ticket pricing helps combat ticket scalpers, the company behind $500 Green Day tickets claims – but music industry insiders and consumer groups dispute that, with some concerned the controversial practice skews live events to the rich.

Dynamic pricing – when the cost of products rise and fall according to demand – is well established in Australia, from Uber’s surge prices to utilities and airline fares.

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Green Day presale tickets for Australia tour as high as $500 under Ticketmaster’s dynamic pricing

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Regulator says dynamic pricing is legal if consumers are not misled as fans considering giving the Saviors tour a miss

Tickets to Green Day’s Saviors tour in Australia were as high as $500 in the initial presale after Ticketmaster revealed dynamic pricing was in effect for the rock band’s upcoming shows.

The first presale for the March 2025 leg of the tour went on sale Monday for three locations – the Gold Coast, Sydney and Melbourne. The cheapest general admission tickets were capped at $200 plus booking fee, but those wanting seated tickets were informed at purchase point that the price was as high as $500 due to what Ticketmaster calls “In Demand” pricing.

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Watchdog to investigate Ticketmaster over Oasis ticket sales

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Competition and Markets Authority to look at how ‘dynamic pricing’ may have been used to increase prices

The competition watchdog has launched an investigation into the Oasis ticket sales fiasco.

The Competition and Markets Authority (CMA) will investigate Ticketmaster’s handling of sales for the band’s forthcoming tour, including how “dynamic pricing” may have been used to adjust the price.

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European Commission to examine Ticketmaster’s ‘dynamic pricing’

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Review follows UK competition watchdog’s announcement of ‘urgent review’ into Oasis concert tickets fiasco

Ticketmaster’s ability to raise the price of concert tickets based on demand is being scrutinised by the European Commission, the Guardian has learned, as the UK’s competition watchdog launches an “urgent review” into the Oasis concerts fiasco.

The US-owned ticketing giant has been told it may have breached laws in the UK and Europe for inflating the price of some Oasis tickets from £135 to £350, leaving many fans devastated.

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Ticketmaster NZ profit soars 143%

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Ticketmaster New Zealand, which is owned by the world's biggest concert promoter Live Nation Entertainment, posted a 143 percent jump in profit last year as sales ran faster than expenses. Profit rose to $5.1 million in calendar 2017 from $2.1 million a year earlier, according to the Auckland-based company's annual report.