A number of musicians including Radiohead, Arctic Monkeys and Robbie Williams have demanded a share of profits from tickets that are resold online.

Around 400 artists are supporting a campaign by the Resale Rights Society (RRS) to take a cut of second hand sales on sites like eBay, Seatwave and Viagogo.

According to RRS chairman Marc Marot:

"It is unacceptable that not a penny of the estimated £200m in transactions generated by the resale of concert tickets in the UK is returned to the investors in the live music industry."

The RRS says it also wants to protect fans by introducing a kitemark scheme (where have we heard that one before?) to prevent fake tickets being sold online.

Viagogo CEO Eric Baker, predictably, is not impressed with the idea. He told Reuters:

"What they are saying here is no different to (saying) that if you had a used Ford car you should pay Ford a tax when you sold it. At Viagogo we work for the fans, and we are not going to support a proposal that taxes a fan."

When Viagogo launched last year, part of its attraction was that it aimed to take business away from touts and give fans a more secure environment to trade second hand tickets.

If these proposals ever became a reality, it seems likely that fans will be lumbered with additional costs and touts will be able to attract more business.

Related stories:
StubHub sold to eBay for $310 million
Ticket reseller Seatwave attracts $8m in funding

Graham Charlton

Published 5 December, 2007 by Graham Charlton

Graham Charlton is the former Editor-in-Chief at Econsultancy. Follow him on Twitter or connect via Linkedin or Google+

2565 more posts from this author

You might be interested in

Comments (0)

Save or Cancel

Enjoying this article?

Get more just like this, delivered to your inbox.

Keep up to date with the latest analysis, inspiration and learning from the Econsultancy blog with our free Digital Pulse newsletter. You will receive a hand-picked digest of the latest and greatest articles, as well as snippets of new market data, best practice guides and trends research.