The bill – labeled AB 1720 – would make it illegal to resell a concert, theater, comedy or other live entertainment ticket (sports are not included) at a price higher than face value (the cost of the ticket plus fees from the primary ticketing source) plus 10% for shows taking place in California.
I’ve had to sell a ticket through ticketmaster because we weren’t going to be able to make it to the show. The problem is that I had to sell the ticket at a higher price just to break even with the fees that they add on.
At least with this bill we would still be allowed to sell it without taking a loss, but I wonder how it handles the case for when a ticket has been resold multiple times.
Still I think we really need a law like this if we want to tackle the scalping issue we have.
I’ve had to sell a ticket through ticketmaster because we weren’t going to be able to make it to the show. The problem is that I had to sell the ticket at a higher price just to break even with the fees that they add on.
At least with this bill we would still be allowed to sell it without taking a loss, but I wonder how it handles the case for when a ticket has been resold multiple times.
Still I think we really need a law like this if we want to tackle the scalping issue we have.
Honestly I often wonder why Ticket master can’t just refund folks that genuinely can’t make it
Ferengi rule of acquisition #1: “Once you have their money, you never give it back.”
They’re assholes.
Because they also own the reselling platform and make a cut off that too.
And also the venues and Act bookings
The face value wouldn’t change, would it?