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.
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.
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
Isn’t it the artist or promoter who set the face value price?
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
Do you have a source for this? The Ticketmaster FAQ states the artist or promoter sets the base price.
That was my original point. The artist or promoter is able to set the face value price, but Ticketmaster adds fees on top.
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.
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.
they can just tack on more fees.
The article states that the government will regulate the fees that can be charged on top of the face value.