UK Man Sentenced To Jail Over Wimbledon Ticket Resale
A British scalper was handed a six-month prison sentence for his involvement in illegal trading of tickets to last year’s Wimbledon tennis championships. Kent native Luke McKay was caught by authorities last year setting up a private Facebook group to trade black market tickets but had refused to name... Read more
Live Nation Pulls Out Of Acquisition, OCESA Considers Legal Action
Live Nation Entertainment revealed this week that it has officially pulled out of an agreed acquisition deal for a majority stake in the leading Latin American music promoter, OCESA. Now, the Mexico-based company is considering legal action. Originally, Live Nation was set to acquire a 51% stake in OCESA... Read more
Ultra Music Festival Hit With Class-Action Lawsuit Over Refund Policy
After refusing to refund ticketholders for its cancelled event, Miami’s Ultra Music Festival has been hit with a class-action lawsuit. The suit, which was filed on Tuesday at the U.S. District Court’s Southern District of Florida on behalf of all ticketholders, alleges that the music festival’s refund policy “damaged... Read more
StubHub Targeted By Class Action Over Covid-19 Refunds
StubHub has been hit with a class action lawsuit for refusing to refund fans for events that have been, or will be cancelled due to the ongoing coronavirus pandemic. The suit was brought on by the firm Koskie Minsky, on behalf of all Canadian residents who purchased tickets via... Read more
Judge Rules In Favor of StubHub in Misappropriation Lawsuit
A ruling by a California federal judge dealt a substantial blow to a lawsuit brought by a former competitor of StubHub, which alleged the secondary ticketing site illegally used proprietary code after hiring employees from that competitor. U.S. District Judge Stephen V. Wilson granted partial summary judgement to StubHub... Read more
Entertainment Unions Urge Congress To Fix Relief Benefits
More than three dozen organizations representing several facets of the entertainment industry have banded together for a call to action from government leaders. The Screen Actors Guild, Music Artists Coalition, Recording Academy and more have issued a joint letter to Congressional leaders Nancy Pelosi, Kevin McCarthy, Mitch McConnell and... Read more
Endeavor Aims To Raise $250M Amid Pandemic
In order to stay afloat amid the coronavirus pandemic, UFC’s Endeavor is hoping to raise $250 million by June, the New York Post reports. According to The Post, Endeavor was expected to receive $150 million from UFC this year. These funds would have paid for a stock buyback program... Read more
SXSW Festival Sued Over Ticket Refund Policy
The South by Southwest (SXSW) media, tech and arts festival is the latest to be hit with a lawsuit regarding ticket refunds in the wake of coronavirus-related event postponements and cancellations. Two ticketholders claiming to spend over $1,000 on their 2020 festival passes filed the class-action suit against the... Read more
Liberty Media Moves Live Nation to Different Asset Group
Liberty Media announced this week that it would re-attribute its 33 percent stake in Live Nation Entertainment, along with other assets, from Formula One Group to its SiriusXM tracking stock, according to The Hollywood Reporter. Over the years, analysts have wondered if Liberty could eventually acquire control of Live... Read more
Vivid Seats Draws Complaints Over Long Refund Delays
Texans are lashing out after waiting weeks to receive a refund from secondary ticketing site Vivid Seats for the cancelled Houston Rodeo. The Houston Livestock Show and Rodeo shut down its month-long event on March 11 ahead of the Kane Brown concert due to threats of coronavirus spreading in... Read more