Sunday, November 1, 2020

Most tickets on Viagogo and Stubhub sold by 'professional resellers'

Watchdog’s look into secondary ticketing shows biggest 10% of resellers make up between 80% and 100% of sales

The vast majority of tickets for events on resale sites Viagogo and StubHub are advertised by “professional resellers” including touts seeking to make money from ordinary fans, according to new evidence that sheds light on the secretive “secondary ticketing” industry.

Data revealing the influence wielded by touts emerged as part of the competition watchdog’s investigation into Viagogo’s $4bn (£3bn) takeover of StubHub.

Related: Competition watchdog intervenes in Viagogo's $4bn takeover of StubHub

Continue reading...

from Mergers and acquisitions | The Guardian https://ift.tt/37ZFni5

No comments:

Post a Comment