Concert Tickets Too Expensive? Blame Box-Office History
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Aug. 24 (Bloomberg) -- While watching the “Today Show” onemorning in 1967 from his Southern California home, Roy Bellmanfelt his knees buckle. The program was offering remote coveragefrom the iconic Gimbels department store in New York’s HeraldSquare. There, a reporter breathlessly introduced the “world’sfirst computerized ticketing system.”
For Bellman, a manager at Computer Sciences Corp., it wasas though the floor had dropped out beneath him. He could barelyprocess the images on the flickering screen because, up untilthat moment, he had thought that his company -- not the onefeatured on the “Today Show” -- was developing the world’s firstcomputerized ticketing system.