John Oliver took a deep dive into the industry of exorbitant pricing for live events on Sunday’s Last Week Tonight, and in particular the company Ticketmaster – or, as he called it, “one of the most hated companies on earth”.
The average price for a popular concert has more than tripled since the mid-90s, vastly outpacing inflation, and that’s before the resale market. As the biggest player in the ticket market, Ticketmaster claims that “they strive to put fans first, and that the people we care most about are the fans,” Oliver explained. “And yet, as anyone who has ever bought from them knows, that’s generally not the feeling you get when you’re dealing with them.”
