Touts overestimate Oldchella demand

Ticket resellers appear to have overestimated massively demand for Goldenvoice’s upcoming Desert Trip ‘megafestival’, with prices for three-day passes now listed on secondary ticketing sites for far less than face value.

As of this morning, three-day passes for weekend one of the festival, which takes place at the Coachella site in Indio, California, this weekend, are available on StubHub for US$149 and via the festival’s official resale partner, Viagogo, for £98.17 (roughly $125). The face value of the tickets is $399.

On Ticketmaster’s TicketsNow, meanwhile, the cheapest three-day tickets are $194 – still less than half the original price.

Three-day passes for weekend one of the Desert Trip are available via festival’s official resale partner, Viagogo, for $125. Face value is $399

In May, shortly after tickets for Desert Trip – dubbed ‘Oldchella’ for its heritage-heavy line-up – went on sale, the same passes were listed for close to $1,500 on Viagogo.

Desert Trip, which will feature performances from The Rolling Stones, Bob Dylan, Paul McCartney, Neil Young, Roger Waters and The Who, is believed to have earned promoter Goldenvoice/AEG Live more than $150m. The original allocation of tickets sold out soon after going on sale, although Goldenvoice released additional inventory in mid-September.

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