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Ticket Resellers' State House Campaign Raises Resale Royalty, Securities Law and Money Laundering Issues

Should resale royalties be paid to artists and venues when tickets are resold? Such a resale royalty might encourage artists or sports teams to permit transferability for some or all their tickets. It would also help to value that property right. So how would that work?

8 minute read May 01, 2023 at 12:15 AM
By
Chris Castle
Ticket Resellers' State House Campaign Raises Resale Royalty, Securities Law and Money Laundering Issues

One of the big issues being debated as fallout from Ticketmaster's problems in trying to service Taylor Swift fans when tour tickets went on sale in November is how to address state live-event ticket sales laws.

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The Copyright Royalty Board (CRB), which works under the umbrella of the Librarian of Congress, sets statutory-license royalty terms and rates. The U.S. Courts of Appeals for the D.C. Circuit recently issued two notable decisions about the CRB.

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