Bands Want A Piece of Ticket Scalping Profits
12/06/2007
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(BBC) Managers behinds acts like Radiohead, Arctic Monkeys, and the Verve have called for a levy to be added to tickets resold on the internet. The managers - who represent 400 other bands and artists - have teamed up to create the Resale Rights Society (RRS). Under their plans, musicians would get a share in the proceeds of every ticket resold on websites such as eBay. RRS chairman Marc Marot said it was "unacceptable" money made from resales did not go to the live music industry.
- Didn't they make their money the first time they were sold? Aren't the resellers taking a risk no one will buy the tickets? Ah, but this tax is for their resellers benefit you see. Read about that here 
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