CBS News Interviewee

It was $1,083 for two tickets.

It was $1,083 for two tickets.

The market is the market. The prices are the prices. Going to a concert has become an accomplishment.

The market is the market. The prices are the prices. Going to a concert has become an accomplishment.

It's one second. You don't have any extra time.

It's one second. You don't have any extra time.

I do know there's probably stuff out there that a retail fan has no shot at getting.

I do know there's probably stuff out there that a retail fan has no shot at getting.

I woke up in New York City from my sleep behind the wheel.

I woke up in New York City from my sleep behind the wheel.

We love you, Los Angeles. Thank you for a beautiful night.

We love you, Los Angeles. Thank you for a beautiful night.

Yes.

Yes.

Refresh, refresh, refresh. Tickets go for so high now.

Refresh, refresh, refresh. Tickets go for so high now.

Seats 18 to 20.

Seats 18 to 20.

Handling charge. I mean, just to touch it, they charge you $3.

Handling charge. I mean, just to touch it, they charge you $3.

$3.

$3.

$3.

$3.

Well, obviously, there's a claim that we are.

Well, obviously, there's a claim that we are.

We are obviously the leading company in this industry. There's no doubt about that. That's an interesting way of putting it.

We are obviously the leading company in this industry. There's no doubt about that. That's an interesting way of putting it.

We are the leading podcast on my street. of jealousy. I think it creates a certain amount of rivalry, a certain amount of fear. But we stand by what we do. It is the one ticket incumbent.

We are the leading podcast on my street. of jealousy. I think it creates a certain amount of rivalry, a certain amount of fear. But we stand by what we do. It is the one ticket incumbent.

In this country, that is 100% on the side of the artist and the fan. not run for the benefit of ticket brokers and ticket scalpers and big resale prices and big resale fees.

In this country, that is 100% on the side of the artist and the fan. not run for the benefit of ticket brokers and ticket scalpers and big resale prices and big resale fees.

I mean, I do know there's probably stuff out there that a retail fan has no shot at getting.

I mean, I do know there's probably stuff out there that a retail fan has no shot at getting.

It sold out so fast.

It sold out so fast.

You don't have any extra time.

You don't have any extra time.

I was clicking on the website and it was all sold out. So then I started Googling, like, you know, resale tickets for All Things Go.

I was clicking on the website and it was all sold out. So then I started Googling, like, you know, resale tickets for All Things Go.

It's like, you know, the festival. It's in Maryland.

It's like, you know, the festival. It's in Maryland.

He's a pretty big hustler.

He's a pretty big hustler.

I think I made like three or four hundred bucks, and it was, that thing came out of my phone.

I think I made like three or four hundred bucks, and it was, that thing came out of my phone.

So I called Kevin up. I was like, I need $2,000 to get these. And he didn't even blink. He's like, sure.

So I called Kevin up. I was like, I need $2,000 to get these. And he didn't even blink. He's like, sure.

My daughters will never forgive me. Therapy, but at least I got a brand new fix box.

My daughters will never forgive me. Therapy, but at least I got a brand new fix box.

The market is the market. The prices are the prices.

The market is the market. The prices are the prices.

Very rarely. I mean, we won't even waste our time.

Very rarely. I mean, we won't even waste our time.

Well, we're tough graders. You can get it 99.9% right, and you give yourself an F. Well, we grade ourselves awful tough.

Well, we're tough graders. You can get it 99.9% right, and you give yourself an F. Well, we grade ourselves awful tough.

In a large on-sale, we regularly knock down and defeat millions of bots. We're in an arms race with the people who are trying to figure out how to intercept these tickets. We've met people doing this.

In a large on-sale, we regularly knock down and defeat millions of bots. We're in an arms race with the people who are trying to figure out how to intercept these tickets. We've met people doing this.

And honestly, we don't spot them all. But you feel like you're doing an okay job of this? This isn't going to be abated until we get to the root cause of this, which is the extraordinary profitability of the resale market. The biggest resale platform.

And honestly, we don't spot them all. But you feel like you're doing an okay job of this? This isn't going to be abated until we get to the root cause of this, which is the extraordinary profitability of the resale market. The biggest resale platform.

When you look at what before this came out, the secondary market has done is sort of democratized access. Broke

When you look at what before this came out, the secondary market has done is sort of democratized access. Broke

It was $1,083 for two tickets. And paid more than $540 each.

It was $1,083 for two tickets. And paid more than $540 each.

Well, I would first start with saying that All Things Go should be working directly with StubHub to participate in the market dynamics. There's a way to collaborate here that everyone can participate in.

Well, I would first start with saying that All Things Go should be working directly with StubHub to participate in the market dynamics. There's a way to collaborate here that everyone can participate in.

Participation, the artist can take a participation. We do this in sports all the time.

Participation, the artist can take a participation. We do this in sports all the time.

I don't want anything to do with it. I would turn down every check that got sent to me by a StubHub or Vivid Seats or any of these guys because I think what they're doing is, I mean, I think it's disgusting. McMahon wants to take the other side of that.

I don't want anything to do with it. I would turn down every check that got sent to me by a StubHub or Vivid Seats or any of these guys because I think what they're doing is, I mean, I think it's disgusting. McMahon wants to take the other side of that.

We want to make it easy if you decide you need to get rid of your ticket to get rid of it, but you're going to sell it back. for the same price you bought it for.

We want to make it easy if you decide you need to get rid of your ticket to get rid of it, but you're going to sell it back. for the same price you bought it for.

I think it's misguided. Miller called.

I think it's misguided. Miller called.

We don't believe that artists can control the pricing in the aftermarket, no.

We don't believe that artists can control the pricing in the aftermarket, no.

It's their show.

It's their show.

It's not the scalper show.

It's not the scalper show.

Ticketmaster, even though they have their own resale site, told us they support laws to cap resale prices. There's nothing socially beneficial about scalping. It's just a ripoff, and it's taking that money from the fans.

Ticketmaster, even though they have their own resale site, told us they support laws to cap resale prices. There's nothing socially beneficial about scalping. It's just a ripoff, and it's taking that money from the fans.

Thanks for keeping us informed.

Thanks for keeping us informed.

Frankie Valli.

Frankie Valli.

It was $1,083 for two tickets.

The market is the market. The prices are the prices. Going to a concert has become an accomplishment.

It's one second. You don't have any extra time.

I do know there's probably stuff out there that a retail fan has no shot at getting.

I woke up in New York City from my sleep behind the wheel.

We love you, Los Angeles. Thank you for a beautiful night.

Yes.

Refresh, refresh, refresh. Tickets go for so high now.

Seats 18 to 20.

Handling charge. I mean, just to touch it, they charge you $3.

$3.

$3.

Well, obviously, there's a claim that we are.

We are obviously the leading company in this industry. There's no doubt about that. That's an interesting way of putting it.

We are the leading podcast on my street. of jealousy. I think it creates a certain amount of rivalry, a certain amount of fear. But we stand by what we do. It is the one ticket incumbent.

In this country, that is 100% on the side of the artist and the fan. not run for the benefit of ticket brokers and ticket scalpers and big resale prices and big resale fees.

I mean, I do know there's probably stuff out there that a retail fan has no shot at getting.

It sold out so fast.

You don't have any extra time.

I was clicking on the website and it was all sold out. So then I started Googling, like, you know, resale tickets for All Things Go.

It's like, you know, the festival. It's in Maryland.

He's a pretty big hustler.

I think I made like three or four hundred bucks, and it was, that thing came out of my phone.

So I called Kevin up. I was like, I need $2,000 to get these. And he didn't even blink. He's like, sure.

My daughters will never forgive me. Therapy, but at least I got a brand new fix box.

The market is the market. The prices are the prices.

Very rarely. I mean, we won't even waste our time.

Well, we're tough graders. You can get it 99.9% right, and you give yourself an F. Well, we grade ourselves awful tough.

In a large on-sale, we regularly knock down and defeat millions of bots. We're in an arms race with the people who are trying to figure out how to intercept these tickets. We've met people doing this.

And honestly, we don't spot them all. But you feel like you're doing an okay job of this? This isn't going to be abated until we get to the root cause of this, which is the extraordinary profitability of the resale market. The biggest resale platform.

When you look at what before this came out, the secondary market has done is sort of democratized access. Broke

It was $1,083 for two tickets. And paid more than $540 each.

Well, I would first start with saying that All Things Go should be working directly with StubHub to participate in the market dynamics. There's a way to collaborate here that everyone can participate in.

Participation, the artist can take a participation. We do this in sports all the time.

I don't want anything to do with it. I would turn down every check that got sent to me by a StubHub or Vivid Seats or any of these guys because I think what they're doing is, I mean, I think it's disgusting. McMahon wants to take the other side of that.

We want to make it easy if you decide you need to get rid of your ticket to get rid of it, but you're going to sell it back. for the same price you bought it for.

I think it's misguided. Miller called.

We don't believe that artists can control the pricing in the aftermarket, no.

It's their show.

It's not the scalper show.

Ticketmaster, even though they have their own resale site, told us they support laws to cap resale prices. There's nothing socially beneficial about scalping. It's just a ripoff, and it's taking that money from the fans.

Thanks for keeping us informed.

Frankie Valli.