UK to Cap Concert Ticket Resale Prices at 30% Above Face Value
The UK government proposes groundbreaking regulations to combat ticket scalping by limiting resale markups to 30% and restricting bulk buying. The initiative, backed by artists and industry groups, aims to make live events more accessible while protecting consumers from excessive secondary market prices.
The Hidden Crisis of Modern Touring: Avenged Sevenfold Reveals Industry's Financial Struggles
M. Shadows of Avenged Sevenfold exposes the harsh economic realities making profitable touring nearly impossible in 2024, even for established bands. Rising costs, declining ticket sales, and industry-wide pressures are forcing artists to rethink their touring strategies and explore new markets.
Oasis Cancels 50,000 Tickets: A Bold Stand Against Ticket Fraud
Oasis shocks fans by cancelling 50,000 tickets for their reunion tour due to purchase term violations. This unprecedented move highlights the ongoing battle against ticket fraud and scalping in the music industry.