Ticketmaster Was Right About Taylor Swift

When tickets for Taylor Swift’s Eras Tour went on sale, the internet melted down. But was it Ticketmaster’s fault? This video makes the case that the melt down was inevitable, guaranteed by one decision from Swift herself: setting artificially low ticket prices. This move, meant to help fans, instead created an unprecedented, billion-dollar gold rush for scalpers and their bots, exposing the unintended consequences of price controls. Chapters: 00:00 The Shift to Concerts 01:15 Eras Tour Meltdown 04:00 The Most Expensive Painting in the World 05:32 Profit Incentive 07:31 Bots and Scalping 11:41 Price Controls 14:43 Will LiveNation and Ticketmaster Be Broken Up? 17:03 Summary Follow Maxinomics on social -- X: https://x.com/maxinomics Instagram: https://www.instagram.com/maxinomicsmb TikTok: https://www.tiktok.com/@maxinomics Producer: Phil Andrews (the guy in the videos and the comments) Video Editor: Greg Jacobs Motion Graphics: Seth Laupus Director of Production Services: Sam Wolf Thumbnail: Tom Grillo Franchise Content Producer: Tariq Abdellatif Chief Content Officer: Devin Emery