Building Book’t formerly JumpTheLine! Book't simplifies event management for event organizers wearing 1000 hats!
— Live nation and the “bigger” guys engage in a pay to play practice. There’s a difference between giving bonus and paying to lock people into contracts only to upcharge event goers to recoupe the bonuses. I often tell venue owners other than the money platforms will give you, what are the substancial value add? Smaller players in the industry have started to mirror the pay to play approach. Eventbrite, See tickets, and most recently, Posh! It has become evident that there’s no room for products that solve a true problem. Most venue owners will constantly ask you “how much are you paying for me to use your software”. Infact this is now trickling down to the promoter level — platforms are paying promoters to lock them into selling tickets exclusively on their platform. Google, Amazon etc give platform credits however they will never explicitly force their clients to stay on their platform for those credits. I refuse to play! It’s definitely hard not to play for so many reasons. Our approach at Bookt is to bring the value for event organizers and attendees. The better question here is would there be regulation to combat currently existing bad practices? What do you think about the Live Nation lawsuit ? #livenation #regulation #lawsuits #livemusic
Kartikye Mittal
6mo
Down with the monopoly!
Customer Success | React.js | JavaScript | HTML | CSS
6moI was on a LiveNation-backed tour in 2022. Was thankful as it was the biggest tour I'd ever played, but MAN, they were STRICT! And all of their venues would take up to a 30% merch cut from our band's merch sales, which is the ONLY way a band makes any money on a tour. We're already paying out the ass for gas, hotels, food, etc and venue payout is next to nothing. If we made $3000 in T-shirt sales, we'd have to give up to $900 to the venue (and surely Livenation too). Crazy stuff.