The live-music business is booming, and professional ticket scalpers are raking in a lot of money on the secondary markets. Now bands and their managers are looking to squeeze extra cash out of the live-music revenue stream by getting a piece of online ticket scalpers’ profits.
Radiohead, The Verve and more than 400 other bands have joined the Resale Rights Society, a new British industry group that wants to levy fees against websites that facilitate so-called secondary sales of tickets. The money would be used to compensate artists, managers, booking agents and promoters.
Read on (via WIRED) …
Radiohead, The Verve, Other Bands Seek Piece of Ticket Scalpers’ Action
