Live Nation Confirms Placing Tickets Directly on Secondary Market at Artists’ Request

  • 📰 Variety
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Live Nation Confirms Placing Tickets Directly on Secondary Market at Artists’ Request metallica

tour. An associate of the band had assigned the promoter — Vaughn Millette, now chairman and CEO of Outback Presents — to sell some 88,000 tickets directly on secondary-market sites like StubHub, thus depriving fans of the opportunity to buy the tickets at face value through conventional channels.

Millette sent the recording of the call, which apparently had been taped legally although without Roux’s knowledge, to Live Nation executives late last month. While this practice — which is essentially collusion between promoters and/or artist representatives and the secondary market to sell tickets directly on resale sites — has long been an open secret in the live-entertainment industry, this may be the first evidence of it being done on a major scale.

Between 2016 and 2017, “about a dozen artists out of the thousands we work with asked us to do this,” Live Nation said in a statement to Billboard. According to its, Live Nation produced some 30,000 concerts last year and Ticketmaster sold managed over 400,000 events and delivered almost 500 million tickets in 28 countries.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

yashar Metallica cc: khemingway gtwright

Metallica It’s a scam. The artists, promoters (including live nations and ticket master) and the arenas themselves all do this. Tickets are “sold out” in seconds but in reality they are scamming the audience to pay double or more. This should be illegal

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Secretly Recorded Phone Call Offers Window Into How Live Nation Helped Metallica and Other Artists Place Tickets Directly On Resale MarketIn February 2017, days before Metallica announced its WorldWired North American stadium tour, Live Nation president of U.S. concerts Bob Roux spoke by phone with a little-known wealth adviser turned event promoter who had been tasked by an associate of the band to sell 88,000 tickets directly on resale sites like StubHub, without giving fans a chance to buy them through normal channels at face value. DiCoccio’s doing. Not Metallica members. gotta make up all that lost Napster money The timing of this isn’t a coincidence. This is collusion and I suspect goes deeper than just this “representative”. Someone needs to dig deeper here...
Source: billboard - 🏆 112. / 63 Read more »