California Senate Panel Blocks 10% Ticket Resale Cap After $3.4 Million StubHub Lobbying Push
Updated
Updated · Hollywood Reporter · Aug 13
California Senate Panel Blocks 10% Ticket Resale Cap After $3.4 Million StubHub Lobbying Push
3 articles · Updated · Hollywood Reporter · Aug 13
Summary
AB 1720 died in the California Senate appropriations committee on Thursday, halting a proposal to cap concert ticket resales at 10% above face value.
The bill had already been narrowed to venues with 3,000 seats or fewer, excluding many of the larger shows that drive secondary-market trading.
StubHub led opposition with a record $3.4 million in California lobbying this year, including $2.6 million in the latest quarter, while Live Nation and independent venue and artist groups backed the measure.
Matt Haney said he will keep pushing anti-scalping measures as other jurisdictions including Maine, Vermont, Washington, D.C., and Massachusetts move ahead with resale-price caps.