All articles tagged with #ticket resale
Ticketmaster announced it will limit users to one account to combat scalping and defend its practices amid an FTC lawsuit, citing technological measures and policy changes to prevent abuse, while denying allegations of facilitating scalper activities.
Ticketmaster claims to have implemented new measures to combat scalpers and bots, such as ID verification and account restrictions, in response to FTC lawsuits accusing it of working with resellers to inflate prices. The company denies these allegations and states it is doing more than anyone to ensure tickets go to genuine fans, but industry groups criticize these efforts as insufficient and accuse Ticketmaster of collusion with scalpers. The situation remains under scrutiny as more developments are expected.
The FTC has sued Ticketmaster and Live Nation for illegal ticket resale practices, alleging they collaborated with scalpers, engaged in deceptive pricing, and collected excessive fees, which has led to higher costs for consumers and artists, and the companies face ongoing investigations and legal actions.
The FTC and several states sued Ticketmaster and Live Nation for illegal ticket resale tactics, deceptive pricing, and allowing brokers to bypass ticket limits, leading to higher costs for consumers and violating consumer protection laws.
StubHub is set to go public with an IPO priced at $23.50 per share, valuing the company at $8.6 billion, amid strong demand but facing challenges like competition, slowing growth, and high insider control. The stock begins trading on Wednesday, but investors should be cautious as IPOs can be volatile and face downward pressure after initial gains.
Ariana Grande addressed concerns about ticket resellers selling tickets for her 2026 North American tour at inflated prices, expressing her frustration and efforts to find a solution to make tickets more accessible for fans.
At Miley Cyrus' 'Something Beautiful' film premiere at Tribeca, some fans who purchased tickets through third-party resale platforms expected a concert, leading to disruptions and complaints. The confusion stemmed from misleading ads suggesting a performance, despite the event being a film screening, highlighting issues with ticket resale practices and advertising transparency.
The Cure's Robert Smith has cancelled 7,000 tickets found on secondary resale websites for their upcoming North American tour in a bid to tackle touts. Smith opted out of Ticketmaster's "platinum" and "dynamically priced" ticket options, and restricted ticket transfers in markets where he was legally allowed to do so. He also warned ticket buyers from attempting to circumvent ticket transfer rules and said that any tickets obtained in this way will be cancelled, and original fees paid on those tickets will not be refunded.
Tickets being sold on StubHub for Taylor Swift's Eras Tour concerts at Allegiant Stadium in Las Vegas advertised as "unrestricted view" are actually obstructed seats behind the stage, with the band and Swift hidden from view. The tickets are being sold for a small fortune, but StubHub's FanProtect Guarantee promises to find an equivalent or better ticket or provide a full refund to buyers if any issue occurs. Other ticket resellers, such as VividSeats and Seat Geek, do not have any tickets that would appear to be behind the stage at Allegiant Stadium for either Friday or Saturday night.