Empire State Moves to Cap Concert Ticket Resales
TL;DR
New York state Senator James Skoufis plans amendments to cap resale prices at the original ticket price (including fees and taxes), set fee limits, and outlaw speculative ticketing, with enforcement details still undetermined. The move mirrors California’s recent actions and signals potential upheaval for the live‑music industry, pitting fans’ access against market dynamics and major players like Live Nation/Ticketmaster who are watching for guardrails if the bill passes.
Topics:entertainmentbusiness#business#live-nation#new-york-legislation#price-cap#scalping#ticket-resale
- Can New York Stop Ticket Scalpers From Gouging Concertgoers? The Hollywood Reporter
- California Introduces Bill to Cap Resale Ticket Prices Billboard
- California introduces a new ticketing bill with a price cap MSN
- New York to Propose Price Cap for Concert Ticket Resale Relix
- Proposed California bill targets bots, limits profits on ticket resales ABC10
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