WASHINGTON, (CelebrityAccess MediaWire) — Following many media reports that ticket brokers caused the scarcity of Hannah Montana tickets,
the National Association of Ticket Brokers (NATB) (http://www.natb.org) today issued the following statement:
"Whenever tickets to premium events sell out too fast or the ticket price is too high, ticket brokers become an easy target of public scorn. Due to misreported facts about recent events such as the Hannah Montana concert tour, the public needs to be made aware of how tickets actually go on sale and how many tickets are actually available for sale. Recent, inaccurate press reports lead the public to believe that brokers control the market for premium events. This is simply not true. You need to look at how many tickets an arena actually holds for a concert or sporting event and how many of these tickets actually went on sale to the general public. Ticket brokers are no different from stock brokers — they buy and sell tickets every day. When the phone rings at a broker's office, someone is either selling a ticket or wants to buy one. The prices are set by the market and not by the brokers. Most importantly, the media is primarily isolating this to one event, the Hannah Montana tour. Ticket brokers take risks every day when buying and selling tickets. Unbeknownst to most, many times the market goes in the opposite direction. Every day of the week our members are selling tickets below face value for some event."
The following, according to the NATB, are some basic facts consumers should be aware of:
– CelebrityAccess Staff Writers