Where's Eddie Vedder When You Need Him? Ticketmaster Prices to Go Up

If you’re a big concert goer like myself, then you might be equally as angered by the news that Ticketmaster and Live Nation are expected to announce a merger today that will undoubtedly affect ticket prices. If you were crossing your hairy toes hoping prices would decrease, think again.

According to Wired, the ticket companies union could mean the end of fixed rates, and the beginning of auction-based model. 

[The merger] could bypass the primary ticketing system partially or completely, forcing fans to bid against each other for tickets in Ticketmaster’s TicketsNow secondary market rather than selling them at a fixed price in the primary ticket market, the way they have done in the past.

“This deal is not in the best interest of fans,” said Michael Hershfield, the co-founder and CEO of LiveStub — a secondary ticketing company much of whose business would disappear if Live Nation and Ticketmaster merge. “This deal would mean that Live Nation would have direct access to Ticketmaster’s ticketing solution, including its resale marketplace TicketsNow. Live Nation could potentially harness Ticketsnow and begin to offer performers the opportunity to list tickets on the resale system without ever listing in the primary market. “

I’d rather spend $30 on used condoms and expired bottles of Astroglide than give these bloodsuckers any more of my money.