Affordable concert tickets may soon become a thing of the past if a new move by INXS is any indication. The newly-reformed band will auction off all tickets for an upcoming California show, reports Reuters.

However, go-to ticket site Ticketmaster will play no role in the auction (though they often hold auctions for premium tickets to popular concerts). Instead, secondary ticketing website StubHub.com will conduct the sale.

“We’ve done things on a smaller scale with auctions, a lot of times with a charity component or other types of VIP packages, but usually only with a small percentage of the venue,” said StubHub founder and CEO Jeff Fluhr. “This time we’re doing the whole show on auction.”

The show being auctioned off is a June 14 performance at the Lobero Theater, an intimate, 650-seat venue in Santa Barbara, CA. All tickets will have an opening price of $1 US, with fans determining the final sale price in the open auctions. That means only fans able to pay top dollar will land seats near the front, while budgeted attendees can expect to sit in the back.

The auction will be held in several rounds up until the day of the show. Tickets are available in two classes ? regular admission and VIP admission, the latter of which includes a meet-and-greet with INXS and an autographed copy of their CD, “Switch.”






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