Tegan and Sara Offering 200 'Pay What You Can' Seats After Tickets End Up on Secondary Market

are offering more than 200 "pay what you can" tickets for their show at the Sydney Goldstein Theater in San Francisco Tuesday night . The last-minute offer for fans comes after the twins realized that a large amount of their inventory for this evening’s show had been “gobbled up by secondary tickets platforms during [their] tour onsale in July.”

“While the show tonight is technically sold out, many of these tickets are now being flooded back into the market for re-sale,” the artists wrote in an Instagram post. “Because there is little time to sell and we never ask our fans to go to secondary sites, this will likely result in empty seats tonight in the Sydney Goldstein Theater.”

The post continues: “Our goal is to ensure that our real fans are in each and every seat, and to prevent secondary platforms from hurting our show. As an experiment, tonight in San Francisco we will be offering rush seating for all open seats, at approximately 8:15pm.

Tegan and Sara added that after analyzing the secondary site that they estimate that over 200 seats will be available for fans who arrive at the theater this evening. Seating is not guaranteed for anyone who shows up at 8:15 p.m. PST. “We will be continuing to work on this frustrating problem this week and will keep everyone posted on rush seating and ticket availability to upcoming shows. We can’t wait to see you!” Tegan and Sara concluded in the post.that the artists may implement the same strategy for their next few shows in order to get real fans in the seats and keep profits out of the secondary market. Tegan and Sara are scheduled to play the Aladdin Theater in Portland on Oct.

teganandsara Could I pay to never see them again?

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Schwinn-parent Dorel stops paying dividend, as tariffs have caused 'chaotic' market conditionsDorel Industries Inc. said Tuesday it will stop paying a dividend, citing the impact of increased U.S. tariffs and following a review of preliminary third-quarter results. The Canada-based juvenile products and bicycle maker, which brands include Schwinn, Cannondale and Maxi-Cosi, said the dividend being paid on Oct. 2 is not affected. Dorel's previous quarterly dividend was 15 cents a share, with the annual dividend rate of 60 cents a share implying a dividend yield of 8.82% on the U.S.-listed shares. The company said the increase in May on tariffs on Chinese imports to 25% is having a "much greater impact" on its business than the previous 10% tariff. "We raised prices midway through the third quarter and this has had several negative consequences," said Chief Executive Martin Schwartz. "It is prudent to suspend the dividend until the chaotic market conditions created by tariffs are normalized." As a result, Schwartz said the expected gross margin improvement will be delayed until the beginning of 2020. The U.S.-listed stock has tumbled 47.4% year to date, while the S&P 500 has gained 18.7%.
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