Charlie Sheen tweeted two weeks ago that the first two concerts from his Violent Torpedo of Truth tour sold out, reportedly in 18 minutes, but five days before the first show in Detroit, that doesn’t seem to be the case. Not only are tickets are still available on Ticketmaster, but the secondary ticket market, which includes online ticket exchanges like Stubhub.com and TicketNetwork.com, has been inundated with unwanted tickets often going for less than face value.
More than 1,250 seats are available on Stubhub.com for Saturday’s show at Detroit’s Fox Theatre, a venue that seats 5,000. That’s a quarter of the house’s seats still up for grabs, which might explain a resell price of as low as $21, less than half the face value of some tickets. “[The high resell percentage] is certainly more than we typically see,” says Joellen Ferrer, public relations manager for Stubhub. “It seems like there were some buyers who were overly optimistic about the market for Sheen tickets; the supply has definitely outpaced demand.” READ FULL STORY »