SpongeBob, AI, and a Crisis Among Ticket Sellers
The 404 Media Podcast
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The Perils of Ticket Reselling
This chapter explores the impact of a liquidity crisis on ticket resellers, particularly following Travis Scott's concerts, revealing a troubling link between credit card exploitation and financial losses. It examines the dual nature of demand, where inflated ticket supplies led to drastic price drops, ultimately harming both scalpers and legitimate fans. Additionally, the chapter highlights the role of communities formed around ticket buying experiences and the ongoing challenges posed by scalping practices within the concert ticket market.
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