CBS Investigates The Battle Over Concert Tickets, Something Corporate Explain Where All The Money Goes
For the latest episode of CBS Saturday Morning, Brook Silva-Braga did some investigating to try to figure out why buying concert tickets has become such a pain. Among the people Silva-Braga interviewed was Andrew McMahon of the recently-reunited “emo rock band” Something Corporate, and the frontman broke down where the money from each ticket sold actually goes. He wasn’t able to disclose the venue, but he detailed a show where the gross potential money made was close to $200,000. After paying out venue and crew costs, the band made about $10 a ticket — which they split five ways.
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