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StubHub has no price ceiling, but does inform buyers what similar tickets have sold for. The high resale prices for certain tickets have attracted criticism for being prohibitive to average concert-goers, such as the 2009 Super Bowl tickets that averaged $2,500 when resold on the platform. [70] The company promised to refund the price of any ...
Did you sell any concert or event tickets on an online resale site such as StubHub or Ticketmaster in 2023? Many Americans did -- StubHub reports that 83% of ticket sellers for U.S. concerts on ...
Viagogo was founded in 2006 in London as a secondary ticketing marketplace by Eric Baker, the co-founder of US-based StubHub. [5] [12] With sections established to provide an online marketplace for sports, music, theatre and comedy tickets, the company's launch included official partnerships with Chelsea FC and Manchester United FC, [5] with the sports clubs sharing in the commission revenue ...
Randomly selected fans will receive a code that will allow them to purchase tickets on Oct. 26, when tickets actually go on sale. Tickets are also available on resale sites such as Stubhub ...
Brokers reselling tickets are required to inform consumers the tickets are being resold and must tell consumers the name of the ticket's original vendor and the original face value price. The penalty to violating the law includes fines of $1,000 to $2,000 for the first offense, and as much as $200,000 for repeated violations.
Scammers also use social media platforms and online marketplaces like StubHub to list tickets that seem too good to be true (e.g. front row seats for a fraction of what they actually cost ...
Vivid Seats is a middleman between ticket buyers and sellers, taking a 10% commission once tickets have sold [16] and additionally charging buyers service fees (circa 20–40% [17]) and shipping charges.
StubHub used to advertise the “all-in” cost of a ticket about a decade ago, but changed after finding that people are more likely to buy tickets at higher prices with the “drip pricing ...