Sony Raises Sales and Profit Outlook on PlayStation 5 Strength
Sony Group Corp. raised its outlook for sales and net income for the fiscal year as its PlayStation
2023-08-09 14:15
Australian Consumer Sentiment Slips as Price Pressures Mount
Australia’s consumer confidence slipped further into “deeply pessimistic” territory as elevated inflation combined with high interest rates intensifies
2023-08-08 08:49
Australia to Hike Rates Once More, Then Cut in 2024, Poll Shows
Australia’s central bank will raise interest rates one more time in its current tightening cycle, economists say, and
2023-08-07 03:28
Tickets for Taylor Swift's Eras Tour LA shows are on sale for more than $11,000
Taylor Swift is playing her last US shows on her Eras Tour in LA this month and as you can imagine there is an unprecedented demand for tickets. For those who missed out during the chaotic Ticketmaster US ticket sales back in January, fans remain determined to hear the popstar's biggest hits and are attempting to bag last-minute tickets for the sold-out shows at SoFi Stadium in Inglewood. Originally, face-value tickets sold for $49 to $449, but according to the LA Times, tickets for the first show were on sale from $800 to a whopping $11,000 each on StubHub. Sign up to our free Indy100 weekly newsletter As the first show is due to take place tomorrow (August 3), tickets are continuing to rocket in price with the most expensive listing currently being priced at $25,677 for floor seats while a Level 1 suite is $102,070. Swifties have since been taking to social media to share their tips on how to secure face-value tickets on Ticketmaster which occasionally releases tickets last minute. @joecurtains how to get eras tour tickets day of for face value on ticketmaster: aka what I did to score floor seats only 2 hours before the show started. hoping this finds the right audience so fans can get in and beat the scalpers #taylorswift #erastour #swifttok #taylorsversion #tserastour #tickets #ticketmaster #erastourphilly #guide #howto #fyp #fypシ @Taylor Swift So who's in charge of the ticket prices? Well, there are a number of different factors at play. Promotors are the ones who officially set the prices and get money from ticket sales, but given it's Taylor Swift we're talking about she would also have a hand in choosing the venues and informing the promotor where to set prices. Venues charge a facility fee for hosting the concert and are paid by the promoters for this role, some venues have exclusive deals with certain promoters while others do not. And then there are the ticket companies like Ticketmaster who sell tickets with dynamic pricing where the price of a ticket changes according to demand - a move that has received criticism (though artists can opt out of this, as Swift did). On top of this, there is also the service fee for buying the ticket online, a processing fee that "covers miscellaneous expenses associated with online ticketing", and a facility charge for the venue to host the shows. According to Ticketmaster, input is given by the artist on the service fee and facility charge. Finally, there are the resellers who purchase tickets with no intention to attend the show but rather buy tickets to turn a profit by making listings on marketplaces like StubHub and SeatGeek. Prices can shoot up as there are no limits as to what the seller can charge. “This is a truly market-driven platform,” StubHub spokesperson Jessica Finn told LA Times. “So this is really about what sellers think that the price, the value of the ticket is, and what buyers think the value of the ticket is, and they effectively agree on it with a purchase... It’s very much a dynamic marketplace, prices go up and down and we don’t meddle with that.” A team of people or software bots can be used by the reseller to nab batches of tickets - hence why Swift decided for her UK tour to do album order presales, get fans to sign up for the general sale, and have staggered ticket sales throughout the day to try and stop bots and resellers. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-02 17:55
CVS to Cut 5,000 Positions in Cost-Reduction Effort
CVS Health Corp. will cut 5,000 positions from its workforce to help reduce costs as the drugstore chain
2023-08-01 20:59
Amazon, Apple Earnings to Provide Look at Consumer Habits
Consumer habits will come to the fore again in this week’s earnings deluge, as Amazon.com Inc., Shopify Inc.
2023-07-31 18:47
Mattel Is Considering Barbie Sequel as It Plans More Hollywood Franchises
Mattel Inc., the manufacturer of the iconic Barbie doll, is seeing opportunities for a sequel of the doll’s
2023-07-28 11:53
Disney Considers Delaying Some 2023 Movie Releases Over Strikes
Walt Disney Co. is reviewing its schedule of film releases through the rest of the year and may
2023-07-25 01:48
Aussie Dollar’s Rally May Trip on Policy Meetings, China Worries
The Australian dollar has been on an upswing this month as the greenback weakened. But risks are building
2023-07-24 05:53
‘Barbenheimer’ Debut Lifts Weekend Box Office to Four-Year High
Cinemas finally have something to celebrate. Barbie, a comedy about the famous fashion doll, and Oppenheimer, a biography
2023-07-24 03:54
How to buy the 'I am Kenough' hoodie from the Barbie movie
By now you may have already seen the Barbie movie which has become a smash hit at the box office but if you haven't - fear not. The film is likely to be in cinemas for quite a while given its early success. Regardless of whether you have seen the movie or not, we're sure you are aware of the cultural sensation that it has sparked especially. around Ryan Gosling's Ken who arguably steals the movie from lead star Margot Robbie. Despite Gosling's charming and charismatic performance, people are also obsessed with getting their hands on Ken merchandise, specifically the 'Kenough' sweatshirt and hoodie, which Ken wears in the movie. Sign up to our free Indy100 weekly newsletter The fleece hoodie features a tye-dyed design and the phrase 'I am Kenough.' One fan after seeing the film: "Ryan Gosling (Ken) wearing the ' I am Kenough.' hoodie at the end! I need that so dope." Well, the good news is that you can buy the hoodie on the Mattel Creations website but you won't be able to get your hands on any of them until August when they will start to be shipped. The rather fetching hoodie costs £58 ($60) but that is the only garment that Mattel is selling. If you do want to get our hands on other 'Kenough' merchandise you can seek out unofficially third-party outlets Sites such as Eletees, Zerelam, Etsy, and eBay are all selling their own Kenough merchandise at a much cheaper price than what is available on Mattel. However, if you would rather get your hands on the officially hoodie you might have to wait a while as Mattel currently only has size small available. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-22 17:26
Hollywood Strike Clouds ‘Barbenheimer’ Bump for Movie Stocks
As buzz builds into the premieres of Barbie and Oppenheimer, some on Wall Street are doubting whether the
2023-07-22 02:29