Bands lobby to get cut of ticket resales
Industry figures have formed a new group, the Resale Rights Society, which aims to have artists earna cut of tickets sales from auction sites and ticket exchange websites.
Marc Marot of the organisation told Reuters: “There are not only real issues of consumer protection here, it is unacceptable that not a penny of the estimated 200 million pounds is returned to the investors in the live music industry.”
However, representatives from sites that benefit from ticket resales have hit back at the organisation.
Eric Baker of ticket resale site Viagogo said: “What they are saying here is no different to [saying] that if you had a used Ford car you should pay Ford a tax when you sold it.”