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00:00A friend of mine, Kid Rock, sometimes referred to as Bob, I know him as Bob,
00:05but he's been a good friend for a long time, many years, and he's been after something that
00:11is for the good of a lot of people, including in particular the public, and having to do with
00:18ticket sales and scalping and all of the gouging that you have been reading about that's gotten
00:23worse and worse with time. And I didn't know too much about it, but I checked it out and it is a
00:28big problem, and I thought, I think you've been trying to get this done for 20 years or something.
00:32He said, Trump got it done in two weeks, but we came up with a very serious EO.
00:40Anyone who's bought a concert ticket in the last decade, maybe 20 years, no matter what your
00:44politics are, knows that it's a conundrum. You buy a ticket for 100 bucks, by the time you check out
00:48it's 170. You don't know what you're in charge for, but more importantly, these bots, you know,
00:53they come in to get all the good tickets to your favorite shows you want to go to, and then they're
00:57relisted immediately for sometimes a four or five hundred percent markup. And the artists don't see
01:03any of that money, and you know, ultimately I think this is a great first step. I would love down
01:09the road, if there'd be some legislation, we could actually put a cap on the resale of tickets.
01:13And I'm a capitalist and a deregulation guy, but they've tried this in some places in Europe, and
01:18it seems to be the only thing that's us as artists be able to get the tickets into the hands of the
01:22fans at the prices we set.