Tag

Ticket Resale

All articles tagged with #ticket resale

Ticketmaster Announces Resale Crackdown Amid FTC Lawsuit

Originally Published 2 months ago — by Variety

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.

FTC sues Ticketmaster and Live Nation over resale practices and bots

Originally Published 3 months ago — by CNBC

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Source: CNBC

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.

FTC Sues Ticketmaster and Live Nation Over Illegal Resale Practices and Bots

Originally Published 3 months ago — by Federal Trade Commission (.gov)

Featured image for FTC Sues Ticketmaster and Live Nation Over Illegal Resale Practices and Bots
Source: Federal Trade Commission (.gov)

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 IPO Priced at $23.50, Valuing Company at $8.6 Billion

Originally Published 3 months ago — by Barron's

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Source: Barron's

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.

Miley Cyrus Stuns in Crystal-Embellished Dresses Amid Film Premiere Drama

Originally Published 7 months ago — by The Hollywood Reporter

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 cancels thousands of scalped tickets for upcoming tour.

Originally Published 2 years ago — by NME

Featured image for The Cure cancels thousands of scalped tickets for upcoming tour.
Source: NME

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.

Taylor Swift's Las Vegas Shows: Ticket Warnings and Costs

Originally Published 2 years ago — by KLAS - 8 News Now

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Source: KLAS - 8 News Now

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.