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The regulator has taken its first legal action using the Better Online Ticket Sales (BOTS) Act meant to punish these scalping practices. The owners of Concert Specials, Just in Time Tickets and ...
Services already operating on the researcher’s findings go by names like Secure.Tickets, Amosa App, Virtual Barcode Distribution and Verified-Ticket.com. 404 Media’s entire story is worth reading.
For example, a 2022 Red Hot Chili Peppers show at Bank of America Stadium in Charlotte, N.C. had per-ticket fees of $25.75, plus $3.49 for processing, meaning one concert-goer would pay $29.24, an ...
The U.S. Justice Department on Thursday sued to break up Live Nation Entertainment, saying the big concert promoter and its Ticketmaster unit illegally inflated concert ticket prices, hurting ...
Public frustration with concert ticket pricing and sales is a constant drumbeat," attorneys wrote. "The fees that must be paid to attend a live concert in America far exceed fees in comparable ...
The Better Online Ticket Sales Act of 2016 ( Pub.L. 114-274, S.3183, commonly referred to as the BOTS Act) was signed into federal law by President Barack Obama on December 14, 2016. [1] This act was created to thwart attempts by individuals and organization to automate the process of purchasing tickets en masse using ticket bots.
Thu, May 16, 2024 · 3 min read. Disney+. On Wednesday, the US House of Representatives passed a bill that could provide at least some accountability for Ticketmaster and other live event vendors ...
This means that if you sold tickets for more than $600, your ticket platform would send you a Form 1099-K and report that income to the IRS, even if you didn’t make a profit on your sales.