I just finished this thorough explanation of the volatile and often-times illegal business practices the TicketMaster/Live Nation conglomerate and its progeny use to rake in dollars at the expense of live music fans. Budnick and Baron's analysis of "secondary ticketing" (otherwise know as coordinated scalping) is equal parts eye-opening and sickening.
The large portion of the book explaining how ticket brokers like StubHub, ViaGoGo, and the like are able to skirt anti-scalping efforts and earn hundreds of millions of dollars from buying up good seats early and selling them at premium prices is only slightly less aggravating than its revelation that TicketMaster (and certain artists) have historically partnered with scalpers to turn a larger prophet.
The large portion of the book explaining how ticket brokers like StubHub, ViaGoGo, and the like are able to skirt anti-scalping efforts and earn hundreds of millions of dollars from buying up good seats early and selling them at premium prices is only slightly less aggravating than its revelation that TicketMaster (and certain artists) have historically partnered with scalpers to turn a larger prophet.
Hit the jump to read the book's press release:

