According to the Wall Street Journal, “Ticketmaster has agreed to pay about $265 million for TicketsNow Inc., the country’s second-largest Web site for reselling tickets to concerts and sports events.”
The largest online ticket broker is StubHub, which is owned by eBay.
Apparently, perceptions of ticket “resellers” is changing: “Where resellers once were viewed as shady scalpers, now, thanks largely to the Internet, they are becoming more respectable.” Wrong. They’re still just shady scalpers unfairly raising the price of tickets and keeping real fans from being able to afford to go to shows.
Scalping should be illegal.