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NITO sstudy looks at predatory concert ticket resales

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  1. boredop
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    In California, where resale restrictions are allowed, the number of tickets resold and reseller profits were 92% to 99% less than in states like New York, Illinois, and Colorado, which do not allow restrictions on resale. The open resale laws in the latter states drastically limited the effectiveness of the fan-to-fan exchanges and because of it, those fans were exploited despite the artist’s best efforts. The Cure’s resold tickets in Chicago were on average 396% above the face value price.

    Another arena-level artist used fan-to-fan face-value exchanges with similar dramatic results. There were just 18 total tickets resold for their two LA arena shows and 26 for an Oakland Arena show.

    By contrast, for the same artist in New York City, where state law prohibits restrictions on resale,1,053 tickets were resold for a single show at an average price 712% higher than the average face value price.

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