The Dallas Cowboys will open their new stadium in 2009. If you are interested in getting a PSL for a club seat on the 50 yard line – that PSL will cost you $150,000 per seat. Yes that is correct $150,000 per seat.
After that the tickets will cost $340 a game. One almost has to be a professional football player to afford it. But then you get in for free on the field level.
What you do get for your $150,000 is the following:
Access to the exclusive founders club
All-inclusive food and beverage
Complimentary VIP parking
Fixed ticket prices for five years
The opportunity to purchase Superbowl XLV tickets
A 30 license on the tickets (who knows what the renewal is)
Too much for you? You can always buy other sideline PSLs for as little as $16,000 per license. It seems like such a bargain compared to the $150,000. Prior to the Cowboys prices the highest PSL on record was $12,000.
For the record, we do not recommend buying a Dallas Cowboys PSL at this time.
http://www.dallasnews.com/sharedcontent/dws/img/11-07/1129tickets.pdf
http://sportsillustrated.cnn.com/2007/writers/peter_king/12/09/week14/4.html
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
Wednesday, December 5, 2007
The Lights Are Back On
After 19 days, which was much longer than anyone expected, the Broadways stagehands strike is over.
Cost to the producers? The estimate is about $40M.
Who won long term? Not too sure. Details about the agreement are sketchy.
Short term the producers lost. In addition to the $40M in lost revenues, no one has been buying tickets because they were not too sure when the strike would end. Many newly scheduled shows were at partial capacity when they usually experience 80 – 90 percent capacity. New shows that were supposed to open around now are not opening until January. Existing shows that rely on a heavy walk-up business (e.g. Rent) were having to sell tickets at a discount, at the gate no the less, to get people in temporarily. This might lead to a few early show closings. The four day Thanksgiving weekend, one of the busiest on Broadway, is still a lost weekend.
Others lost too. Restaurants, parking garages, tourist shops and ticket brokers all took a hit and now have to recover.
It is hard to imagine that the stagehands negotiated a deal for more than $40M over what they have now. Lets hope whatever the final agreement is long term.
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
Cost to the producers? The estimate is about $40M.
Who won long term? Not too sure. Details about the agreement are sketchy.
Short term the producers lost. In addition to the $40M in lost revenues, no one has been buying tickets because they were not too sure when the strike would end. Many newly scheduled shows were at partial capacity when they usually experience 80 – 90 percent capacity. New shows that were supposed to open around now are not opening until January. Existing shows that rely on a heavy walk-up business (e.g. Rent) were having to sell tickets at a discount, at the gate no the less, to get people in temporarily. This might lead to a few early show closings. The four day Thanksgiving weekend, one of the busiest on Broadway, is still a lost weekend.
Others lost too. Restaurants, parking garages, tourist shops and ticket brokers all took a hit and now have to recover.
It is hard to imagine that the stagehands negotiated a deal for more than $40M over what they have now. Lets hope whatever the final agreement is long term.
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
Wednesday, November 28, 2007
The Grinch Is Back
he Grinch has returned to Broadway.
A New York judge has ruled the show “How the Grinch Stole Christmas” can reopen since the Theater owners and the stagehands union have a separate and distinct contract.
Broadway producers 1. Stagehand Union 0.
The Local one union went on strike before Thanksgiving because the Broadway producers did not want to pay for what they considered idle time.
The Union saw this as a hard won benefit and did not want it to be removed without some other concession.
All the other theater owners will be waiting in line to see what was written into the Grinch contract.
Just to keep things interesting and dramatic (it is Broadway of course), the theater owners arranged for many of the child actors t sit in the front row of the courtroom during the proceedings. A joyous applause erupted at the ruling.
In realted news , a group of producers has filed a suit against the union for $35M dollars citing lost ticket sales, concessions and merchandise.
Still developing…
http://www.nytimes.com/2007/11/22/theater/22broadway.html?_r=1&ref=theater&oref=slogin
http://www.msnbc.msn.com/id/21917194/
http://news.yahoo.com/s/nm/20071122/media_nm/grinch_dc
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
A New York judge has ruled the show “How the Grinch Stole Christmas” can reopen since the Theater owners and the stagehands union have a separate and distinct contract.
Broadway producers 1. Stagehand Union 0.
The Local one union went on strike before Thanksgiving because the Broadway producers did not want to pay for what they considered idle time.
The Union saw this as a hard won benefit and did not want it to be removed without some other concession.
All the other theater owners will be waiting in line to see what was written into the Grinch contract.
Just to keep things interesting and dramatic (it is Broadway of course), the theater owners arranged for many of the child actors t sit in the front row of the courtroom during the proceedings. A joyous applause erupted at the ruling.
In realted news , a group of producers has filed a suit against the union for $35M dollars citing lost ticket sales, concessions and merchandise.
Still developing…
http://www.nytimes.com/2007/11/22/theater/22broadway.html?_r=1&ref=theater&oref=slogin
http://www.msnbc.msn.com/id/21917194/
http://news.yahoo.com/s/nm/20071122/media_nm/grinch_dc
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
Wednesday, November 14, 2007
Broadway Blackout
This last weekend the Local One Union, to which Broadway stagehands belong to, went on strike. The result is there are now over two dozen Broadway shows shut down. This list includes some of the most popular shows including “Wicked”, “Phantom of the Opera” and “Rent”.
The dispute focuses on the number of stage hands needed to set up and maintain a show. The union requires a certain number of people to be hired for every setup, which can be huge, and another number for every performance. Many producers with less props to deal with wind up paying for stagehands who do not have much to do. The union does not want to just give up the negotiated work without something in return.
It is no coincidence the strike is occurring on the eve of Broadways busiest time of the year. This is exactly when the producers will be leaving the maximum amount of money on the table.
Hopefully everyone will kiss and make up fairly soon. In the meantime ticket brokers have to deal with the downstream effects of this. Every ticket sold to a cancelled event now has to be dealt with in some manner. Depending on where and how it was sold dictates how much. Regardless, the last thing any ticket broker wants to have to deal with is extra follow-up work on a already-sold transaction.
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
The dispute focuses on the number of stage hands needed to set up and maintain a show. The union requires a certain number of people to be hired for every setup, which can be huge, and another number for every performance. Many producers with less props to deal with wind up paying for stagehands who do not have much to do. The union does not want to just give up the negotiated work without something in return.
It is no coincidence the strike is occurring on the eve of Broadways busiest time of the year. This is exactly when the producers will be leaving the maximum amount of money on the table.
Hopefully everyone will kiss and make up fairly soon. In the meantime ticket brokers have to deal with the downstream effects of this. Every ticket sold to a cancelled event now has to be dealt with in some manner. Depending on where and how it was sold dictates how much. Regardless, the last thing any ticket broker wants to have to deal with is extra follow-up work on a already-sold transaction.
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
Wednesday, October 31, 2007
TicketMaster Spins Off
IAC/InteractiveCorp will spin off TicketMaster into its own publicly traded company. Along with the TicketMaster spinoff, IAC is turning other assets into their own publicly traded corporations. The other companies are:
HSN – the Home Shopping Network
LendingTree – online lending exchange
Interval International - an online marketplace for condos
Companies IAC will still own include Shoebuy.com, match.com, ask.com, collegehumor.com, evite and several others. Wall Street characterizes the move a way to increase overall shareholder value. Shareholders in IAC will still have those shares but now they will have shares in the spinoffs also.
The spinoffs will be finalized in about one year.
From a ticket broker’s perspective, this also signals that TicketMaster can be more aggressive in the industry and offer new types of packages. Readers will recognize that TicketMaster put together some Big Game Football Packages over the summer. We can expect more of these types of marketing partnerships. This also tells us the event marketplace is viewed as having a big upside. However big the market gets and whatever packages are put together, this always indicates there is room for the individual ticket broker to do well.
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
HSN – the Home Shopping Network
LendingTree – online lending exchange
Interval International - an online marketplace for condos
Companies IAC will still own include Shoebuy.com, match.com, ask.com, collegehumor.com, evite and several others. Wall Street characterizes the move a way to increase overall shareholder value. Shareholders in IAC will still have those shares but now they will have shares in the spinoffs also.
The spinoffs will be finalized in about one year.
From a ticket broker’s perspective, this also signals that TicketMaster can be more aggressive in the industry and offer new types of packages. Readers will recognize that TicketMaster put together some Big Game Football Packages over the summer. We can expect more of these types of marketing partnerships. This also tells us the event marketplace is viewed as having a big upside. However big the market gets and whatever packages are put together, this always indicates there is room for the individual ticket broker to do well.
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
Wednesday, October 24, 2007
Time for Basketball
Every year there are three things happening this time of year. Two of the three are good:
Preparations for Halloween
Politicians knocking on my door soliciting my vote Basket Ball season starts
It should be easy to figure our which ones are the good ones.
Just to refresh everyone, we basketball tickets are good, but we do not like them as much as baseball. A basketball season ticket package has all the convenience and low maintenance as baseball, which we like, but it also has the following
• Higher per ticket cost
• Less games
• Preseason games that some teams sell with the full package
• Bigger sales differentials between weekday and weekend games
• One injury to one player can kill a season for a team
What it does have going for it are a ton of playoff games. This alone can make you a nice chunk of change.
If you have not invested in NBA tickets, do not feel the need to do out and get something today. Many teams will still offer partial seasons after the start of the season. Remember last year, there were several teams that offered current season playoff tickets to people who purchased season ticket packages late in the year. That was a good deal for some.
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
Preparations for Halloween
Politicians knocking on my door soliciting my vote Basket Ball season starts
It should be easy to figure our which ones are the good ones.
Just to refresh everyone, we basketball tickets are good, but we do not like them as much as baseball. A basketball season ticket package has all the convenience and low maintenance as baseball, which we like, but it also has the following
• Higher per ticket cost
• Less games
• Preseason games that some teams sell with the full package
• Bigger sales differentials between weekday and weekend games
• One injury to one player can kill a season for a team
What it does have going for it are a ton of playoff games. This alone can make you a nice chunk of change.
If you have not invested in NBA tickets, do not feel the need to do out and get something today. Many teams will still offer partial seasons after the start of the season. Remember last year, there were several teams that offered current season playoff tickets to people who purchased season ticket packages late in the year. That was a good deal for some.
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
Wednesday, October 17, 2007
Rockies?
A month ago I would not have guessed the Colorado Rockies would be the NL pennant winner and World Series Opponent. As of this writing they have won
21 of 22 games. That will always get you far.
For the record, we do not have season tickets for the Rockies. They were one of the teams that seemed mired in mediocrity that would not rise.
There were several things about them that seemed to keep the team down
• High altitude stadium that kept quality pitchers away
• A long line of free agent pitchers who had success else where but not in Denver
• Lackluster attendance several years in a row
• Finishing last in their division in 2006
There is an old saying in baseball when a manger or GM is asked what is needed to win a championship. The answer is “pitching, pitching and more pitching”. After you hear that a few times and see what had been happening in Denver the last few years, one can see why we never invested in them.
It does make us want to put my kids little league baseballs in a humidor though.
http://www.iht.com/articles/2006/08/17/sports/ROCKIES.php
At least we have the Indians still. Here is hoping for a seven game series. Also note below that the Rockies World Series Tickets go on sale to the public on Monday.
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
21 of 22 games. That will always get you far.
For the record, we do not have season tickets for the Rockies. They were one of the teams that seemed mired in mediocrity that would not rise.
There were several things about them that seemed to keep the team down
• High altitude stadium that kept quality pitchers away
• A long line of free agent pitchers who had success else where but not in Denver
• Lackluster attendance several years in a row
• Finishing last in their division in 2006
There is an old saying in baseball when a manger or GM is asked what is needed to win a championship. The answer is “pitching, pitching and more pitching”. After you hear that a few times and see what had been happening in Denver the last few years, one can see why we never invested in them.
It does make us want to put my kids little league baseballs in a humidor though.
http://www.iht.com/articles/2006/08/17/sports/ROCKIES.php
At least we have the Indians still. Here is hoping for a seven game series. Also note below that the Rockies World Series Tickets go on sale to the public on Monday.
To learn how to make money being a ticket broker, visit www.MyTicketBiz.com.
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