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NY tout report suggests insider trading

NY tout report suggests insider trading

A three-year investigation by New York State attorney general Eric T. Schneiderman into ticket touting/scalping slams major promoters for holding back tickets for what it terms "insiders".

The report, Obstructed View: What's Blocking New Yorkers from Getting Tickets, found tat up to 54 per cent of a concert's inventory was reserved in this way.

It revealed that 20 per cent tickets for 14 shows promoted by Live Nation Entertainment (LNE) in 2012-2013 and by AEG Live in 2012-2015 were "reserved".

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Posted on: 07/04/2016Categories: News from Audience Magazine

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