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popcorn perspectives
StubHub Disclosed the Relationship. It Never Disclosed the Rate.
StubHub's filings show the CEO runs a fund that sells tickets on his own platform and they report $0 in fee revenue from that fund in 2024. They also show the fund is tiny, which kills the easy outrage take. What the filings never show is the commission it pays and on a marketplace where sellers compete on price, that is the only number that matters. This is about what was left out and why the party actually exposed is the broker, not the fan.
Michael Fischman
Ticketmaster Is Not Building AI. It Is Wiring Itself Into It.
The headline is that you can now ask a chatbot what concerts are near you and buy a seat without leaving the conversation. That is the part you are meant to see. The more interesting story is the plumbing underneath, where Ticketmaster is quietly connecting its catalog to the rails that every AI assistant will run on. This is a plain English look at what that means and why it matters most to the people who resell tickets.
Michael Fischman
Can Prediction Markets Tell You Anything About Ticket Sales?
Prediction markets have exploded into music, with more than $400 million traded on Kalshi in 2026. You can now trade Spotify streams, Billboard charts, Grammy winners and tour announcements. The question for a broker is whether any of that forecasts ticket demand. The honest answer is no, at least not yet. Here is why the numbers measure the record instead of the room.
The Anonymous PigeonFROM SIGNAL
TO ACTION.
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