Music bosses pass Tory blame to Labour over ticket tout row Tech When Labour announced plans last November to cap ticket resale prices, many in the live music industry thought a campaign that had dragged on for nearly two decades was finally approaching a conclusion, writes Saskia Koopman. The government pledged to make it illegal to resell tickets above face value, cap fees charged by resale platforms [...]
Ticketmaster lobbies for UK resale price cap as critics warn of market squeeze Media Ticketmaster and its parent company, Live Nation, have been lobbying in favour of the UK government’s proposed cap on ticket resale prices, Morning Wire understands, as ministers prepare legislation aimed at curbing ticket touting. The Department for Business and Trade (DBT) is considering limiting resale prices to between zero and 30 per cent above face [...]
Billie Eilish resale tickets going for nearly five times original price, O2 finds Media London's ticket resale market has spiralled out of control, with fans facing astronomical markups on concert tickets, as well as rising scams.