Similar to the Tennessee legislation we blogged about last week, the Nebraska legislature is trying to make it a crime to re-sell a ticket for more than 25% above the asking price. As we did with Tennessee, we sent a letter voicing our concern to the Nebraska legislators.
It’s unfortunate that while Hannah Montana brought so much pleasure to her concert-fans, she brought as much angst to legislators, who are losing sight of how convenient and efficient secondary markets have become. Again, we encourage lawmakers around the nation considering this kind of bill to step back and assess the business practices of the promoters and the primary market.
We think they’ll be surprised.