The National Post ran an interesting story by Garry Marr in their financial section on Saturday, titled “A little extra for the band: What happens to the cash collected between the time a ticket is sold and the date of a concert? It earns interest. And who gets it?”

This is something that most people presumably have not thought about. When one buys a ticket for a Rolling Stones concert 5 months in advance, for example, the money paid to Ticketmaster could earn as much as $1.00 in interest. With all the tickets sold, that could amount to about $35,000 per concert date, which is quite a lot of money earned from interest considering the Stones are playing close to 40 dates on their upcoming tour.

The National Post investigated this, and you can read their article on their web site.






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