Block by Block: Ticketing
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Quick Take
- Event ticketing is a $47B industry
- Fees charged by some ticketing platforms can reach as high as 58% of a ticket’s face value
- TicketMaster and Live Nation facilitate ticket sales for 80 of the top 100 arenas in the U.S.
Block by Block is a series where we dive into different industries and examine the entry-points for decentralization. Ask any hard-core concert-goer about the worst part of the event, and they will likely tell you a war story about buying a ticket. The ticketing industry is incredibly flawed. Ticket-buyers face high-fees and have to compete […]
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