StubHub's California Lobbying Hits All-Time High Amid Ticket-Price Cap Fight
TL;DR Summary
StubHub spent a record $2.6 million on lobbying in California from April to June to oppose AB 1720, a bill seeking to cap resale prices at 10% above original ticket prices. The push makes StubHub the state’s second-largest lobbying spender that quarter, behind PG&E, with support from artist groups and Live Nation, while brokers push back due to impacts on revenue. The bill was amended to target smaller venues, limiting broad applicability to major tours.
- StubHub Is Spending Millions Trying to Stop a Bill That Would Cap Concert Ticket Resale Prices The Hollywood Reporter
- CA bill targeting ticket scalpers draws support from venues, criticism from consumer advocates ABC7 Bay Area
- California bill would limit ticket scalping. Is it the solution to high prices? Sacramento Bee
- California bill aims to cap ticket resale prices, protect fans and venues Yahoo
- Secondary Ticketers’ Lobbying Efforts Surge As California Tackles Reform Pollstar News
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