Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Kid Rock, Rolling Stones On Scalping, Summer Tours

|Includes:Live Nation Entertainment, Inc. (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