Music News: Redbox to compete against Ticketmaster with $1 fee/ticket

Dust2

http://www.latimes.com/entertainment...,3302057.story

Quote:

After successfully challenging established players Blockbuster and Netflix in the DVD business, Redbox is now going to attempt to rival one of the nation's most powerful companies: Ticketmaster.

The operator of 38,500 kiosks in grocery stores, drug stores and Wal-Marts across the country launched a ticketing business Wednesday with Philadelphia as its first test market. Its second market will be Los Angeles, where the company plans to enter the ticketing business in early 2013.

Redbox's major selling point: a service fee of only $1 per ticket, compared with the $10 to $15 that Ticketmaster often charges on top of the ticket's face value.

Consumers can buy tickets from Philadelphia-area Redbox kiosks or online and then print them out or pick them up at a venue.

"We have credibility as an entertainment brand and feel like we are a great source of discovery," said Redbox President Anne Saunders, adding that the Illinois-based company emails 43 million customers regularly.

The initial offering is limited, with tickets offered for a Carrie Underwood concert on Nov. 28, a film festival later in the month, and several NASCAR events next summer. But the company promised to add more events shortly.

Ticketmaster and smaller competitors already have exclusive contracts with many of the most popular concert locations. But Redbox sees broader opportunity in selling tickets to museums, fairs, small concerts and other events in communities.

HERE"S THE WEBSITE: (right now, in Philly only).

http://www.redbox.com/event-tickets

nills

Quote:

tickets offered for a Carrie Underwood concert on Nov. 28

For a dollar?

Sounds like a good deal tho, how will they profit?

Dust2

Quote:

Originally posted by nills

For a dollar?

Sounds like a good deal tho, how will they profit?

Redbox fee is $1.

Example:

Redbox as the seller: Ticket price is $40. Redbox fee is $1. You pay $41 total.

Ticketmaster as the seller: Ticket price is $40. Ticketmaster fee is $10. You pay $50 total.

My original title was $1 fee per ticket but it was too long and got cut-off. $1 fee/ticket is a shortcut to fit in all the words.

nills

Quote:

Originally posted by Dust2

Redbox fee is $1.

Example:

Redbox as the seller: Ticket price is $40. Redbox fee is $1. You pay $41 total.

Ticketmaster as the seller: Ticket price is $40. Ticketmaster fee is $10. You pay $50 total.

My original title was $1 fee per ticket but it was too long and got cut-off. $1 fee/ticket is a shortcut to fit in all the words.

Oh I see. Got a bit confused.

Still a pretty good deal, wonder if the events they'll have will be redbox exclusive or if they'll be available on ticketmaster as well as that might create a division or maybe even confusion in ticket sales.

DvnR

Oooh, very interesting.

BornUnbroken

Ugh, they couldn't have done this sooner to tie in with the Born This Way Ball tickets?
Can you imagine all the stans waiting in line?

Monk

I love Redbox.

Rated R

Good I hate Ticketmaster. They are so shameless about adding unnecessary fees