Touts, and ordinary consumers, will no longer be able to charge anything more than price at which they bought ticket
  • MrNesser@lemmy.worldEnglish
    151·
    2 days ago

    Ticket master will put a high face value on the ticket then sell it to you at a “discount”.

    Touts can then sell for face value and make a profit

      • gwl@lemmy.blahaj.zoneEnglish
        32·
        2 days ago

        Hahaha, no

        The artist doesn’t get any say in it, and the promotor is only able to suggest pricing but can’t enforce it

            • okwithmydecay@leminal.spaceOPEnglish
              2·
              2 days ago

              That was my original point. The artist or promoter is able to set the face value price, but Ticketmaster adds fees on top.

              • Evoliddaw@lemmy.caEnglish
                1·
                2 days ago

                Not to disagree but they also state when you sell tickets on Ticketmaster, the fees are passed on to the buyer and you will get 100% of what you ask for your tickets, yet on the same page if you do the math on what you ask for and what it says you will get, it doesn’t match (what you will get is lower than 100% of what you ask for). They’re literally lying to your face.

        • tempest@lemmy.caEnglish
          21·
          2 days ago

          They do, that’s ticket masters entire value add for them.(Well that and the fact that they control a lot of venues).

          You get mad at ticket master and not the artist.

      • okwithmydecay@leminal.spaceOPEnglish
        5·
        2 days ago

        The article states that the government will regulate the fees that can be charged on top of the face value.

        Under the plan, which could form part of next year’s King’s speech, anyone selling a ticket will not be allowed to charge more than they paid for it. Resale platforms will be allowed to charge fees on top of that price. These extras will also be limited, to ensure that they can’t be inflated artificially to offset profits forfeited owing to the legislation. The scale of the ceiling on service fees is yet to be determined.