Leading Italian promoters accused of colluding with Viagogo to remove tickets from the official market and sell them on at inflated prices, have been cleared in a Milan court.
A two-year investigation concluded with the acquittal of Live Nation Italy’s MD Roberto De Luca and director general Antonella Lodi, Di and Gi’s Domenico d’Allesandro, Corrado Rizzotto, who was at Vivo Concerti at the time of the accusation but is now head of Indipendente Concerti, and Charles Roest of Viagogo.
The five defendants were accused of ‘fraud against the state’ for not having paid taxes and performance royalties in full, in what has been described as insider trading (see Audience issue 226).
They were also accused of selling tickets at extortionate prices and spreading “false information causing an alteration of the market”.
The case related to events including concerts by Bruce Springsteen and Coldplay, with prosecution lawyer Adriano Scudieri calling for custodial sentences of up to 16 months.
Di and Gi’s Mimmo D’Alessandro told Audience, “We always kept our trust in the course of justice. Now justice is done and I am very happy for me and for our company.
“We’ve been always dedicated to the promotion of music to the greater number of fans possible and we’ve been always against any form of secondary ticketing”.
De Luca told Italian news outlet Il Sole 24 Ore, “Two very difficult years have now come to an end, but I am happy because our group has always worked with integrity.
“The worst part has been the attempt of some of my competitors to take advantage of the media hype surrounding the investigation and take artistes from me. Luckily, our artistes understood the situation and stood by us.”
Scudieri declined to comment when approached by Audience.