.....management demand no more profiteering

Ticketmaster is developing a face value ticket exchange where customers will be able to resell tickets after it buckled to pressure from fans, event organisers and artists to stop tickets from being resold at much higher values. The ticket selling website launched a ‘paperless’ ticket service earlier this year for some events, such as Radiohead and Michael McIntyre, where organisers requested a system to prevent ticket reselling was put in place. When a customer buys a 'paperless ticket' it means that they cannot resell it, but in order to collect it they need photo ID and the card used to purchase it.....Read more here: Ticketmaster to launch face value reselling website after artists and management demand tickets are not resold at higher values | This is Money