Comment Re:Artists/venues leaving money on the table? (Score 2) 116
Because many artists actually like their fans and want to give them all a chance to attend, rather than extracting the maximum profit from them and restricting it to only really rich people. Plus charging $5000 for a Taylor Swift ticket is a bad look even if they would sell out.
This model used to work fine when ticket sales were in person, where some of the cost of buying tickets was time, effort, etc. and could have better verification that it's an actual person. That deterred most large-scale scalping.