#ticketscalping — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #ticketscalping, aggregated by home.social.
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Ticket Reseller Sued by FTC Over Taylor Swift Eras Tour Scalping Moves to Dismiss Case
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U.K. Government Outlines Plan to Ban Ticket Resales Over Face Value: ‘Fans Will No Longer Be Ripped Off’
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USA Today: FTC sues reseller for faking accounts to grab Taylor Swift Eras tickets. “Hot on the heels of Taylor Swift’s ‘The Life of a Showgirl’ announcement, the U.S. Federal Trade Commission filed a complaint in Maryland federal court on Aug. 18. The paperwork accused ticket reseller Key Investment Group of using thousands of fake or purchased Ticketmaster accounts to snag tickets to events […]
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#Eventim: "#TicketScalping" inzwischen bei allen Veranstaltungen | heise online https://www.heise.de/news/Schwarzmarkthaendler-wollen-mit-Bots-an-Tickets-kommen-10499284.html #Entertainment
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DOJ to Sue Live Nation, Accusing It of Defending a Monopoly - Live Nation Entertainment, the concert giant that owns Ticketmaster, faces a fight that c... - https://www.nytimes.com/2024/05/22/technology/ticketmaster-live-nation-doj-antitrust.html #mergersacquisitionsanddivestitures #antitrustlawsandcompetitionissues #livenationentertainmentinc #prices(faresfeesandrates) #computersandtheinternet #justicedepartment #ticketscalping #ticketmaster #swifttaylor #music
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U.S. Plans to Accuse Live Nation of Defending a Monopoly - Live Nation Entertainment, the concert giant that owns Ticketmaster, faces a fight that c... - https://www.nytimes.com/2024/05/22/technology/doj-ticketmaster-live-nation-antitrust-suit.html #mergersacquisitionsanddivestitures #antitrustlawsandcompetitionissues #livenationentertainmentinc #prices(faresfeesandrates) #computersandtheinternet #justicedepartment #ticketscalping #ticketmaster #swifttaylor #music
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A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn't “feel comfortable” sharing information with Congress.
https://www.vice.com/en/article/ak3ajk/feds-subpoena-ticketmaster-over-egregious-concert-prices-after-it-stonewalled-lawmakers?at_medium=Social%20media&at_campaign=Mastodon
#Ticketmaster #LiveNation #ticketscalping #senate #CONCERTTICKETS #subpoena -
#Music #LiveShows #StubHub #Tickets #TicketScalping: "Rapper Travis Scott’s most recent album, UTOPIA, debuted at No. 1 on the Billboard 200 chart. Two of his songs have two billion plays on Spotify. He is, by any measure, one of the most popular rappers in the world. So maybe it’s not surprising that tickets for his upcoming tour sold out. Check StubHub right now, though, and you can find thousands of tickets to “sold out” shows in many cities for between $10 and $20, far below the face value for his cheapest tickets at $61.50 before fees when they first went on sale.
In ticket reseller lingo, Scott’s tour is a “bloodbath,” the result of overzealous brokers and noobs “overbuying” tickets based on a miscalculation of the likely value of his tickets on the secondary market. Many brokers now stand to lose a lot of money on Scott’s shows. At least part of this buying frenzy was fueled by a bet placed by PFS Buyers Club, a credit card maxing site I wrote about earlier this week that has recently pivoted from buying rare coins to buying concert tickets. PFS told its members to buy as many tickets to Scott’s shows as possible, according to emails viewed by 404 Media. PFS itself stands to lose more than $1 million on Travis Scott alone when all is said and done, it told members."
https://www.404media.co/ticket-brokers-bet-on-travis-scott-will-lose-thousands-of-dollars/
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Inside the secretive markets scalpers use to buy and sell entire Ticketmaster accounts to sidestep restrictions.
https://www.vice.com/en/article/wxjqz4/the-cure-tried-to-stop-scalpers-brokers-are-selling-entire-ticketmaster-accounts-instead
#Ticketmaster #CYBER #scalping #ticketscalping #worldnews #Hacking #hackers #TheCure