A senior executive of Live Nation has admitted to placing tickets on resale sites for Metallica's 2017 WorldWired North American stadium tour, Billboard reports.
Recorded in a secret phonecall between a Live Nation executive, a Live Nation business partner and an anonymous promoter, the senior executive made the admission that tickets could be sold on resale sites above face value.
Ticketmaster has been ordered to pay a hefty fine following an investigation into misleading ticket prices carried out by Canada's Competition Bureau.
Ticketmaster LLC, TNow Entertainment Group Inc. and Ticketmaster Canada LP will collectively be ordered to pay a $4 million penalty to settle the case, in addition to the bureau's $500,000 investigation costs. The companies will also have to sign up to a new agreement to ensure that they clean up their act after it was found that the company's advertised ticket costs frequently did not reflect the final sale cost.
The UK government has proprosed a change to the Digital Economy Bill to combat online ticket touts.
Suggested in reponse to May 2016's Waterson Report on secondary ticketing, the change would make it illegal to use bots to bypass maximum ticket restrictions in order to buy up tickets en masse, and could result in unlimited fines for those found guilty.