Investing 501's  Instablog

Investing 501
Send Message
We have over 60 years of investment analysis experience. We have published investment research from the perspective of the buy side and the sell side. Our work has been used by institutions managing over $1 trillion in aggregate. We have published reports from both the long and short perspective... More
My company:
Investing501
  • Kid Rock, Rolling Stones On Scalping, Summer Tours 0 comments
    May 24, 2013 12:49 PM | about stocks: LYV

    Good article on relationship between artist, scalpers, Stubhub and Ticketmaster

    The 42-year-old Grammy winner, who is launching a summer tour where most tickets are priced at $20, said he's scalping about 1,000 tickets from each show to make up for the cheaper regular price.

    "I'm in the scalping business, but you know what? We told everyone. A lot of artists have been doing this for years behind fans' backs, taking all these backdoor deals," he said. "We look at StubHub and other places and see what they're selling them for and we just undercut them."

    Kid Rock's "$20 Best Night Ever Tour" kicks off June 28 in Bristow, Va., and the Detroit native, who released his debut album in 1990, said he likely scalped secretly on past tours.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: LYV
Back To Investing 501's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • $SPY "The state of macroeconomics is pitiful".. Robert Thaler.. Amen to that! http://bit.ly/1FMMi5T
    Jun 11, 2015
  • $SPY. Every SA author should abide by this too.. And please stop using dramatic adjectives. http://bit.ly/1GzjVOr
    Jun 10, 2015
  • $SPY "It's not what you buy. It's how much you pay for it." Carl Icahn. 1985.
    May 21, 2015
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.