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The Coldplay and BookMyShow Ticketing Frenzy!
Sep 25, 2024
Chaos erupted during Coldplay's concert ticket sales in India, revealing the struggles of high demand and app crashes. The booming concert scene highlights an urgent need for better ticketing solutions. Discussions include tackling the scalping issue, with innovative ideas like NFT ticketing gaining traction. Successful examples from renowned festivals illustrate how these technologies could help ensure that true fans can access live events.
06:54
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Quick takeaways
- The overwhelming demand for Coldplay's concert tickets highlights the post-pandemic resurgence and growth of India's live event sector.
- Innovative ticketing solutions, like NFT technology, are being considered to ensure fairness and combat scalping in the concert industry.
Deep dives
Coldplay Ticketing Chaos
The ticket frenzy for Coldplay's upcoming concert has highlighted the considerable demand for live events in India, particularly post-pandemic. With only around 1.8 lakh tickets available for three shows, and a staggering 1.3 crore people attempting to purchase them, the competition was fierce. Buyers experienced app crashes and long waiting lists, demonstrating the overwhelming excitement surrounding the event. This scenario exemplifies the broader trend of India's booming concert scene, as evidenced by the live event sector's growth surpassing pre-pandemic levels, generating significant revenue.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode