Scalpers and Bots: The Manipulative Tactics of the Music Industry!
Welcome to Innervision FM's Monday ten platform show, where we delve into intriguing topics and bring you the latest updates in the world of music and entertainment. Today, we have an eye-opening subject to discuss: the involvement of promoters and scalpers in the ticketing industry.
Have you ever wondered if promoters hire scalpers to manipulate ticket prices and maximize their profits? Well, according to Sean Focus, a hip-hop artist who found himself in legal trouble for not registering his LLC and was charged for misusing his employer's funds, this seems to be a prevalent practice.
During his appearances on various podcast shows, Sean shed light on the tactics employed by some promoters. He revealed that the top two ticket sellers secure a significant portion of their tickets at lower prices and then resell them at double the price. Once the initial 20 percent of tickets are sold, they even go a step further and dispatch scalpers to sell the remaining tickets at even higher prices. This scheme not only ensures inflated ticket prices but also creates a false sense of scarcity, driving up demand and generating substantial profits for those involved.
Furthermore, Sean also exposed another shady aspect of the music industry. He discussed how major record labels use bots to artificially inflate the numbers associated with their artists. These bots manipulate streaming services and online platforms to boost the artists' streams, views, and engagement metrics, creating an illusion of popularity and success.
At Innervision FM, we strive to bring you thought-provoking discussions and shed light on the hidden aspects of the entertainment industry. We encourage you to tune in and join the conversation as we delve deeper into these concerning practices.
Remember, if you'd like to order the show, purchase music CDs, book recording time, or seek consultations, don't hesitate to contact us at info@innervisionfm.com. We value your support and feedback.
Before we wrap up, let's take a moment to acknowledge our incredible sponsors who make Innervision FM possible: Christian Brothers Moving Company, The Colorado Arts Relief Fund, EDI Mini Grant Funds, Bonfils Foundation!
Mr. Johnnie Johnson (President of Innervision), and Mr. Allen Colvin (Co-Host).
We are grateful for their continued support.
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