e-commerce, for better or worse
Sunday, November 9th, 2008 at 11:35 pm by Brian Ales

On Wednesday morning last week, a few more people than usual were probably interested in picking up the morning paper. However, the New York Times was nowhere to be found at many new stands here in Manhattan. The new parallel online economy was making itself felt – papers were bought in bulk throughout the city long before rush hour, and now that historic front page can be yours, suitable for framing – Buy It Now for only $99.99.
Similarly, a CNN story this morning aired regarding the online sale of Obama inauguration tickets , which are intended to be distributed free of charge through members of the incoming congress (currently, VIP tickets are going for the low five figures).
These two end-runs around the intended distribution mechanism put me in mind of the situation my wife faced earlier this summer when attempting to surprise me with birthday tickets to the much in-demand iMax showing of The Dark Knight during the first week of its release (I know: best. wife. ever.) It turns out she had been trying to buy them for days via AOL’s Moviefone service , but strangely the tickets (released in maximum lots of 5) were constantly sold out: regardless of how often (or when) she checked, there were just never any tickets available – for that particular movie, the AOL site was essentially broken. She then checked craigslist and found out where all those tickets went: a thriving business in (drastically marked-up) iMax Batman tickets. ‘Entrepreneurs’ were grabbing all tickets within seconds of release and were reselling them on craigslist for 3 to 4 times the original price – depending on your point of view, either a complete hijacking of the system by a unnecessary additional layer of middleman, or a shining example of capitalism at its finest.
To someone who’s just paid $80 for two tickets to a movie, it seems more the former – although of course, with the power and convenience of the internet comes the occasional disruptive gaming of the system – so chances are, this kind of thing will be with us for a while.
I still like my internet.
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Tags: digital civics, internet, netizen, newspapers, ny times, politics, print media, web


Update: CA Senator Dianne Feinstein is now proposing legislation to make selling inauguration tickets a federal crime and is requesting online sites refuse to accept such postings. Meanwhile, prices for some VIP tickets have risen to over $40,000 – and while accommodations for the event are impossible to find, downtown DC residents are online renting out their homes, guest rooms (and living room couches)….