Less than a minute after tickets for last August's Neil Diamond concerts at New York's Madison Square Garden went on sale, more than 100 seats were available for hundreds of dollars more than their normal face value on premium-ticket site TicketExchange.com. The seller? Neil Diamond.
Ticket reselling -- also known as scalping -- is an estimated $3 billion-a-year business in which professional brokers buy seats with the hope of flipping them to the public at a hefty markup.
In the case of the Neil Diamond concerts, however, the source of the higher-priced tickets was the singer, working with Ticketmaster Entertainment Inc., which owns TicketExchange, and concert promoter AEG Live. - read the rest of the article
Preview and Purchase Neil Diamond CDs
Sites and Sounds: Music Adds to Your Caribbean Fun in Sint Maarten - Saint Martin
The Blues: Ollee Owens- Kenny 'Blues Boss' Wayne- more
Bon Jovi: Forever Coming In June
Rush Offshoot Envy Of None Announce New Album
Burton Cummings Cancels Los Angeles Show Due To Fires
Mayday Parade Plot North American 20-Year Anniversary Tour
Wolfheart Revisit Draconian Darkness tour With 'Burning Sky' Video
Hear Architects' New Song 'Blackhole'
Drive-By Truckers' Patterson Hood Takes Fans To 'The Pool House'
Coheed and Cambria and Taking Back Sunday Teaming For North American Tour