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Ticket Scalpr is an app incarnation of the age-old business of reselling tickets for popular events, though it says its aim is to cut out conventional touts and let fans swap surplus tickets directly.There has been a heated debate on Twitter about such arguably antisocial networks, using a new hashtag, #JerkTech.
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The two big problems -- prescription drugs and the uninsured -- are big ticket items, and the surplus is gone".
Organizers have repeatedly insisted they can balance their budget — and perhaps finish with a surplus — through revenue streams that include ticketing and licensing.
If the market price for a ticket was $280, Mr. Springsteen gave almost $3 million of extra "consumer surplus" to his fans in Philadelphia, double the ticket revenue the concert actually took in.
The LA 28 organizing committee has projected that it can cover $5.3 billion in projected costs and generate a surplus through various sources of revenue including sponsorships, ticket sales and merchandising.
Unlike many American orchestras, it has not had a drop in ticket sales or subscriptions, and posts a $500,000 surplus on a budget of $1.2 million.
Inventory surplus can be a big problem for hotels as well as ticketed events; in terms of the latter, the merchandise is perishable, as tickets that go unsold for a concert equals can't be offloaded a week later.
They got in by scrambling to a Web site, avatarmovie.com, which made free tickets available on Monday — and then immediately bogged down with a surplus of requests.
With $124.9 million in 1999 revenues (including $56 million from broadcasting, $23.2 million from sponsorships and $38 million from ticket and luxury box sales), the tournament produced a $68.7 million surplus.
Most of the money for those expensive tickets was put up by L.A. folks". Hahn foresees the day when surplus Olympic funds, properly invested, would turn up a future Olympic medal winner or two on Los Angeles playgrounds.
Much of the surplus comes from the Orange Bowl's policy of forcing many patrons interested in buying tickets for the Bowl Championship Series title game, which it is holding next week, to also buy tickets for the Orange Bowl.
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