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Planet Money

Two music indicators

Planet Money

NPR

Business, News

4.629.8K Ratings

🗓️ 11 December 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

Ticket scalping frustrates fans, but it fascinates economists. It's been a favorite topic of ours in the past. This time, Darian turns to friends and experts to navigate the world of concert tickets like an economist who is also a music fan. Then we find out just how big Adele is on vinyl. So big her latest album disrupted the whole market for vinyl, the material itself. | These stories come from our daily podcast The Indicator. Go subscribe if you haven't already.

Transcript

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0:00.0

This is Planet Money from NPR.

0:03.6

So I recently learned that reporter Darian Woods is a huge fan of the singer Charlie

0:11.3

with an I-X-C-X.

0:13.4

That's right, I'm a big fan.

0:15.7

And we were talking about this because she's going on tour, she's coming to New York.

0:20.1

And a couple of weeks ago you and I got together to buy me tickets, you were helping me,

0:24.0

moral support and bit of logistical support, when these tickets went on sale at 10am.

0:29.4

Are you online?

0:30.4

I'm online.

0:31.4

I've got my debit card out.

0:33.4

Okay, okay.

0:34.4

I mean, this is like an Olympic sport, right?

0:37.2

These tickets go on sale, you have seconds to buy one.

0:40.3

Yeah, and we recruited Integayda in turn, Taylor Washington, to help us through the

0:44.5

Byzantine process of ticket buying.

0:46.8

Yes, Taylor is like this ticket buying wizard, she knows all the ins and outs.

0:51.5

And she's gotten tickets to like some pretty big concerts in the past.

0:55.3

Yeah, this is it, my first volume.

0:57.4

Do you have like tips for Darian, like, can you walk him through this?

1:00.2

Okay, the first thing you said, I heard a red flag, me said, I have to get my debit card

1:04.9

out, you should have already had your debit card in the ticket master account.

1:08.3

You should have already had a card on file.

...

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