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By the day of the first show, a pair were listed at $1,074.60 on the reselling platform.This is where the majority of tickets are sold, and on average, 46 percent of tickets remain for the general public.The venue itself — Madison Square Garden or Brooklyn Steel or the like — gets a piece of the fees tacked on to ticket sales, while the vendors — Ticketmaster, Ticketfly, AXS — act as the primary market, making their money from service and convenience fees for an annual value of $25 billion.On February 5, 2011, New York City’s LCD Soundsystem announced its extravagant farewell. I HATE you,” tweeted the band’s official account the next day.
On April 2 of that same year, the indie collective said that it would play its final show at the highest heights of Big Apple performances: Madison Square Garden. The general tickets became available three days later.
They make a profit by engaging in price gouging, selling the ticket for much higher than face value, and gaining an upper hand on the real fans.
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