California Ticket Resale Cap Bill Fails to Move Forward
California’s most comprehensive ticketing bill to date, AB 1720, failed to make its way out of the state’s Senate Appropriations Committee on Thursday (Aug.
13).
The bill, originally introduced by state assembly member Matt Haney in February, would have made it illegal to resell a concert, theater, comedy or other live entertainment ticket (sports were not included) at a price higher than face value (the cost of the ticket plus fees from the primary ticketing source) plus 10% for shows taking place in California.
“AB 1720 would have helped remove the incentives that fuel predatory ticket resale while still allowing someone who can’t attend a show to resell their ticket and recover their costs,” Haney said in a statement provided to Billboard .
“I’m disappointed the bill did not advance, but this outcome doesn’t change the reality that fans, artists, and venues are losing out while middlemen extract more and more profit.” Related Noah Kahan Endorses Mass.
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Baker, Australian Music Historian and Former Billboard Correspondent, Dies at 74 Haney continued: “It’s not surprising that a bill designed to put power back in the hands of fans, artists, and venues faced opposition from an industry that profits from speculation and artificial scarcity.” The California bill faced aggressive lobbying efforts from secondary ticketing companies like StubHub, which spent $3.4 million opposing the legislation, according to publicly available records. ( The Hollywood Reporter was first to report on the lobbying sum.) “Started in California 26 years ago, StubHub exists to give fans access to live events on their own terms through a secure, verified marketplace — including fans who couldn’t get tickets during the original on-sale, or who want the option of grabbing a great deal as prices shift closer to the event,” a StubHub spokesperson said in a statement to Billboard .
“We believe that more choice, flexibility, and access put fans first and help everyone get into the events they love.” The bill was backed by the nationwide National Independent Venue Association (NIVA), the local NIVA CA chapter and musician advocacy group Music Artists Coalition.
Since AB 1720’s introduction in February, the language of the bill was stripped back to only include a resale ticketing cap for independent venues with a capacity of 3,000 or fewer.
With those amendments, the bill would no longer have impacted larger arena and stadium shows that fans have felt priced out of in recent years.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.billboard.com — the content belongs to Billboard.