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California’s 10% Ticket Resale Price Cap Dies in Senate Committee, as StubHub’s State Lobbying Spend Hits $3.4M This Year
StubHub spent a record $3.4 million in California lobbying against the measure, which would have capped resale markups at 10% above face value.
- On Thursday, the California Senate Appropriations Committee blocked AB 1720, the California Fans First Act, which aimed to cap concert ticket resale prices in the state.
- StubHub spent a record $3.4 million on lobbying in California this year to defeat the bill, including $2.6 million in the most recent quarter.
- Supported by the National Independent Venue Association and Live Nation, the amended bill would have limited resale prices to 10 percent above face value for venues with 3,000 or fewer seats.
- State Assembly Member Matt Haney expressed dismay at the failure, stating he will "keep working with the coalition of fans, artists, and venues" to push for solutions.
- While California's attempt stalled, Maine, Vermont, and Washington, D.C. recently adopted similar resale price caps, and Massachusetts Governor Maura Healey introduced legislation to address ticket scalping.
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StubHub Spends Millions Lobbying Against U.S. Ticket Price Cap Bill
StubHub has reportedly spent nearly $6.2 million lobbying in California between April and June, in an effort to block proposed ticket resale price limits. State filings reveal the spending came as lawmakers consider the California Fans First Act, which would cap resale prices at 10% above face value for independent venues holding 3,000 or fewer. The bill, backed by the Music Artists Coalition, the National Independent Venue Association, and Live…
Coverage Details
Total News Sources11
Leaning Left4Leaning Right0Center4Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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