Ticketmaster, Taylor Swift and Bruce Springsteen
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The Federal Trade Commission claims that KIG bought over 379,000 tickets – worth around $57 million – in just over one year, and resold them at a ‘significant markup’ for $64 million
The FTC has sued Key Investment Group for allegedly circumventing Ticketmaster controls to purchase and resell over 2,000 tickets for Taylor Swift's 'The Eras Tour' at massive profits.
A Maryland ticket broker is accused of illegally purchasing and reselling hundreds of thousands of tickets for profit, including thousands to Taylor Swift's highly sought Eras Tour.
Besides being American icons, chart toppers and stadium packers, what do Taylor Swift and Bruce Springsteen have in common? Well, the spectacular songwriter thing aside, both the Boss and the self-styled Showgirl are at the heart of a new Donald Trump-fueled lawsuit filed by the Federal Trade Commission today to put the kibosh on resale
The FTC has sued a ticket touting company that uses dubious tactics to access tickets, including using 49 Ticketmaster accounts to buy 273 tickets for one Taylor Swift show that had a six-tickets-per-person limit.
The pop superstar became the first musician to achieve billionaire status mainly through songs and performances, earning $800 million from touring and royalties.