For the international contemporary live music industry
Ten people have been arrested for touting tickets to see U2 at Lisbon’s 20,000-capacity Altice Arena. The arrests followed an investigation by regulator Autoridade de Segurança Alimentar e Económica (ASAE). It is a criminal offence to resell tickets online above the original price in the country. “Since February ASAE, through…
Read moreIn two related deals with Los Angeles-based EDM festival promoter Livestyle, See Tickets has secured significant market share in both the US and Europe, adding millions of ticket sales to its inventory. In the US, See, a subsidiary of French conglomerate Vivendi – which also owns Universal Music Group –…
Read moreGerman pan-European festival and concert promoter FKP Scorpio has relinquished its stake in Danish festivals Northside (cap. 30,000) and Tinderbox (40,000). The company was the part-owner of Northside, which was launched in 2010 by Brian Nielsen and Flemming Myllerup, and linked-up with Nielsen again – then of agency Skandinavian –…
Read moreControversial secondary ticketing platform Viagogo has been fined €1 million ($1.2m) in Italy by competition regulator Autorita Garante della Concorrenza e del Mercacato (AGCM) for failing to comply with consumer law. The charges relate to an investigation carried out by the authority last year (see Audience issue 208), when it…
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