2023 in review – February

Featured Image: BookMyShow

Lollapalooza’s India debut

Lollapalooza’s debut in India welcomed over 60,000 fans with the festival headlined by the likes of The Strokes, Divine, Jackson Wang and Imagine Dragons. 

Biden focuses on ticketing

US President Joe Biden called on ticketing companies and other industries to lower service fees in promotion of his ‘Junk Fee Prevention Act’. Fees are often added to tickets for concerts or sporting events.

A win for Ticketmaster

Following the furore surrounding Taylor Swift’s Eras Tour ticket sales and Ticketmaster in late 2022, Ticketmaster breathed a sigh of relief as it ‘successfully’ handled the onsale for Beyoncé’s Renaissance Tour. 

Resale in the headlines

Elsewhere, a New Zealand court was told that roughly 90% of event tickets sold through the resale platform Viagogo in the country were being sold by scalpers. 

The claim was made to the High Court in Auckland, as Viagogo was involved in a month-long civil trial in New Zealand as part of action brought by the Commerce Commission. 

Looking forward to Paris 2024

February also saw the first tickets for next year’s Olympic Games in Paris snapped up. 

It was the first time in Olympic history that tickets were sold exclusively on a single, centralised and digital platform.

Ticketek expands presence in the UK

Australian company Ticketek expanded its presence in the UK by becoming the ticketing, marketing and data analytics partner of Motorpoint Arena Nottingham. 

Live Nation’s 2022

Despite continuously making headlines, Live Nation posted a revenue of $16.7bn in 2022. Live Nation also announced its support for a FAIR Ticketing Act, which stands for ‘Fans & Artists Insisting on Reforms in Ticketing’. 

The Act called for artists to be able to decide resale rules, to keep pricing low for attendees and prevent scalpers from exploiting fans. It also called for it to be illegal to sell speculative tickets.