In case you didn't know, Ticketmaster recently acquired ticket scalping site TicketsNow for $256 million, and a lot of people thought it was a bad idea because terrible corporate greed escapades like the intentional scalping of tickets could take place. Well, it would appear that this fear has come true with Radiohead tickets, and as of last week, Ticket News (via At Ease) claims to have a source who is close to the incident.
The particular incident occurred when potential buyers of Radiohead tickets on Ticketmaster were told that tickets were sold out and that they can be redirected to TicketsNow to purchase the tickets at scalped prices. According to Ticket News' anonymous source, a TicketsNow suit assisted Ticketmaster in selling over a million dollars in Radiohead tickets on TicketsNow, and through scalping the tickets, it allowed TicketsNow to gross more than $250,000 from their ruse.
Currently, the National Association of Ticket Brokers wants answers from both Ticketmaster and TicketsNow, but for now no further information is available on the ploy to acquire as much cash as they can on Radiohead tickets. If these companies are left unchecked, you may see a lot more scalping scams in the near future.