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Tuesday, April 05, 2011
StubHub and Charlie Sheen
Ticket prices for Charlie Sheen's show tomorrow night are around $25 over on StubHub. (The face value of such tickets, I think, is around $125.) Stubhub, as you probably know, is a website where you can buy second-hand tickets to a lot of different things: concerts, sports games, etc. One of the things I love aboutStubHub is that it acts as a moral compass for me about what's popular and what's not. (Okay, it's not a moral compass, but whatever.) Tickets for really popular events sell for way more than the ticket's face value; tickets for unpopular events sell for way less than the ticket's face value. Prices float around, acting as crude popularity barometers. Efficient-markets people must love this stuff. Anyway, prices for Sheen's show apparently went into the toilet after his terrible Detroit performance, but have apparently stabilized after a better show in New York. (Why do I know these things?)
StubHub, by the way, is really good for certain types of things. My Dad and I found Cleveland Indians opener tickets last week for $5.50 apiece, which was awesome. Unsurprisingly, the Indians lost. The plus side, I guess, is that next time the tickets might only cost $4.50. I guess that's not a plus for the Indians though.
Posted by Chris Lund on April 5, 2011 at 03:11 PM | Permalink
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