Surging Ticket Prices Continue to Fuel Record Live Nation Earnings
Live Nation Entertainment reported its earnings and financial outlook for the fourth quarter and full year of 2022, and it’s safe to say that things are booming for the California entertainment giant. With ticket surge pricing systems like “dynamic” pricing during periods of high demand and “platinum” pricing charging... Read more
Washington Commanders Settle MD Lawsuit Over Ticket Deposits
The Washington Commanders settled a lawsuit with Maryland’s Attorney General over the withholding of deposits that season ticket holders were owed. The team will return the deposits to consumers who have not yet received them back as required, and also pay a $250,000 settlement. Maryland AG Brian E. Frosh... Read more
Skoufis, Others Question Ticket “Holdbacks” in Taylor Swift Mess
There is no question that a massive swell of demand is responsible for a lot of the mess that consumers experienced during this week’s Taylor Swift Eras Tour ticket sales disaster. With the artist fresh off a history-making week where she had all ten spots atop the Billboard singles... Read more
Commanders Sued by D.C. Attorney General Over Ticket Money
Washington D.C. Attorney General Karl Racine announced a lawsuit against the Washington Commanders for cheating season ticket holders out of deposit money that should have been returned. The lawsuit is the second Racine’s office has filed against Pro Football Inc., the company that operates the NFL franchise, in two... Read more
SI Tickets, MASL Ink Ticketing Deal for 2022-23 Season
SI Tickets and Major Arena Soccer League have struck a deal that makes the Sports Illustrated ticketing marketplace site the Official Ticketing Partner of the world’s highest level professional indoor soccer league. The deal will be in force for the 2022-23 league season, which kicks off on November 25.... Read more
FTC Announces Plans to Issue “Drip Pricing” Fee Regulations
The Federal Trade Commission voted to issue an Advance Notice of Proposed Rulemaking on Junk Fees on Thursday, which could involve regulation surrounding so-called “drip pricing” tactics in event ticketing. Drip pricing is the tactic of showing one price to consumers at the start of a transaction, only to... Read more
Phoenix Suns Insider Pleads Guilty to Stealing, Reselling Tickets
A longtime Phoenix Suns ticket office employee has pleaded guilty to charges that he stole thousands of tickets over several years, selling them on the resale market. Jeffrey Marcussen, who worked for the team from 2004-2019, agreed to pay back nearly half a million dollars as part of a... Read more
Report: NFL Owners Upping Stake in On Location Experiences
NFL owners have reportedly made the decision to dramatically increase their ownership stake in On Location Experiences, the hospitality company that controls much of the Super Bowl ticket market as well as many other high profile events. The Athletic reports that the league’s owners have decided to more than... Read more
Massachusetts Legislators Push for Ticket Resale Rights
A pair of amendments protecting consumer ticket resale rights have been proposed as part of “An Act Enabling Partnerships for Growth” in Massachusetts. The legislature is scheduled to be in session through the end of July, though extensions or special sessions are certainly possible due to the volume of... Read more
Report: NFL Will Tarp Seating Near Field for Safety, Sponsorships
While the NFL has announced it will allow teams and local officials to determine the number of fans allowed at its games this year, those with the best seats in the house will be a little further back from the field, at best, according to a report from Sports... Read more