Fix fee in the Concert Press Release in a few clicks

Aug 6th, 2022
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How to fix fee in the Concert Press Release

4.7 out of 5
62 votes

Selling concert tickets is not especially hard. Despite what your $20 service fee would suggest, on a scale of difficult problems to solve, it lies somewhere between light bulb installation and check cashing. The only remotely hard part you might say a ticketing companys one job is to handle the extremely predictable surge of traffic the day Taylor Swift tickets go on sale. So, of course, thats exactly what TicketMaster failed spectacularly at during her recent Eras tour presale. Traumatized fans told stories of $200 service fees, cryptic error messages, and $50,000 seats. Most left with nothing to show for their eight hours of fighting in the trenches. Others felt like lottery winners simply for having been granted the privilege of paying five, six, or nine hundred dollars for nosebleeds. But although demand for this tour could hardly have been higher, theres nothing new about the unpleasantness of buying tickets. When service fees commonly cost mor

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The service fee is the main source of revenue for Ticketmaster. It is a percentage of the ticket price and varies depending on the event and the location of the event. The service fee ranges from 6% to 12% of the ticket price, with an average of around 10%.
Facility Charge: Venues use this fee to cover the costs of hosting live events, including staffing, insurance, and paying suppliers. Facility charges may vary by event and can be raised or lowered over time. Ticketmaster does not keep any portion of the facility charge.
Junk fees are hidden or undefined charges attached to goods and services not revealed until its time to pay. They can show up as an overdraft fee on a bank account, a service fee when you buy concert tickets, a resort fee at a hotel or as a convenience charge when selecting your airline seat ahead of time.
CFPBs Junk Fee Efforts The overwhelming majority of the responses were complaints about overdraft fees. The CFPB has taken multiple actions to curb out-of-control overdraft fees and other junk fees prevalent in consumer financial products. The CFPB issued guidance to rein in surprise overdraft fees in October 2022.
What Is a Junk Fee? The term junk fee is not defined under federal law, but the CFPB has focused on factors such as whether the fee would be unexpected to or take advantage of a reasonable consumer, the amount of the fee compared to the cost of providing the associated service, and a lack of clarity about the fee.
In the subsequent press conference, President Biden characterized junk fees as surprise overdraft and deposit fees, credit card late fees, [and] hidden hotel booking fees, and Director Chopra described them as fees for unexpected or unwanted services that have no value.
These are some of the most common types of junk fees, as defined by the Consumer Financial Protection Bureau, or CFPB: Fees for overdraft or nonsufficient funds. Late fees for not paying a bill on time. Convenience fees. Prepaid card fees. Closing costs and homebuying fees.
Many concert-goers have to buy tickets through Ticketmaster, which is known for its high fees. You can reduce those fees by purchasing tickets from the box office when feasible and buying tickets from a seller directly.

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