FOR IMMEDIATE RELEASE: December 6, 2012
SCHUMER: UNSCRUPULOUS SCALPERS LINING THEIR POCKET BY RESELLING SANDY RELIEF CONCERT TICKETS AT SKY-HIGH PRICES; ASKS TICKET RESALE SITES LIKE STUBHUB TO BLOCK SELLERS FROM PROFITING FROM SCALPING TICKETS
Tickets for Upcoming Sandy Relief Concert Being Resold Online for Up To $60,000 – Scalpers Lining Their Pockets With Dollars That Go To Relief Efforts
Schumer Urges Resale Sites To Block Sales of Tickets For Higher Than Purchase Value, Unless Those Funds Are Donated To Relief Efforts
‘StubHub’ Already Allows Resellers To Donate Their Profit To Charity – Schumer Says Sites Should Make It Mandatory, Or Decline To Participate In Reselling Process
U.S. Senator Charles E. Schumer today urged StubHub, TicketExchange, TicketLiquidator, TicketsNow and other resale websites not to facilitate scalpers profiteering off the resale of tickets for the “12/12/12 The Concert for Sandy Relief”. The concert was created to benefit victims of Superstorm Sandy and will feature world famous performers at Madison Square Garden. Almost immediately after tickets went on sale through Ticketmaster, however, the concert was sold out partly due to scalpers purchasing tickets to resell online at greatly inflated prices. Tickets are currently being sold for as much as $60,000 on the site.
StubHub has already taken the step of donating their usually fees and proceeds to the relief efforts, and has included an option on its website where those who are selling the tickets can voluntarily donate the money to charity. Today, Schumer is asking StubHub, TicketExchange, TicketLiquidator, TicketsNow and other websites to take these actions a step further, and prohibit the sale of tickets for this concert through their website, unless the different between the original purchase price and the resale price goes to charity. If a $55 dollar ticket was being resold for $100, for example, under Schumer’s proposal that sale wouldn’t go through unless the $45 dollar profit was donated to relief efforts.
“Every dollar spent for these concert tickets should go to help the victims of Superstorm Sandy – not to line the pocket of unscrupulous scalpers,” said Schumer. “Ticket resale websites have the opportunity to make it much more difficult for scalpers to make money of this charitable event, and they should seize it. I’d also like to thank Madison Square Garden and the artists who are participating in this event, and commend StubHub for taking a step in the right direction by donating all of their proceeds from the tickets sold on their site.”
The “12/12/12 The Concert for Sandy Relief” is a fundraising show created to benefit the victims of Superstorm Sandy. World renown performers like Paul McCartney, Bruce Springsteen and Billy Joel are featured in the lineup. Almost immediately after tickets went on sale to the public on Ticketmaster, the concert was sold out because of scalpers re-selling the tickets on sites like Stubhub, TicketExchange, TicketLiquidator, and TicketsNow. Originally, the tickets were priced between $150 and $2,500 with proceeds going to the Robin Hood Relief Fund.
On StubHub, the tickets are now priced from $553 per ticket to almost $60,000 per ticket. Although StubHub is donating 100 percent of its proceeds to the Robin Hood Relief Fund, retailers are not required to donate their proceeds.
Schumer today called on StubHub and other retail sites to require those scalpers selling tickets to the “12/12/12 The Concert for Sandy Relief” to donate their proceeds to the Robin Hood Relief Fund. Schumer urged StubHub to prohibit the selling of tickets for this concert above face value unless that person is willing to donate the proceeds to the Robin Hood Relief Fund. Schumer explained that many New Yorkers lost their home and their belongings after Superstorm Sandy and this concert had good intentions, however, scalpers are now profiting off the disaster. Schumer also made the case that many fans were looking forward to attending the concert and having their ticket’s profits go towards Sandy relief, however, now that the tickets are being sold on StubHub, it is nearly impossible for fans to afford these tickets. Schumer commended Madison Square Garden and others for organizing this concert.
A copy of Schumer’s letter can be found below:
Dear Stubhub, TicketExchange, TicketsNow, TicketLiquidator,
I am writing today regarding the resale of tickets for the 121212 Concert for Sandy Relief. The proceeds from this concert should go to the Robin Hood Relief Fund for Sandy Victims. I find it extremely disheartening that people are trying to profit off this concert rather than focusing all their attention on helping those that were harmed by Superstorm Sandy.
Many New Yorkers lost their homes and livelihoods in the devastation that followed the storm, and this benefit concert will help bring attention and money that is badly needed to hard hit areas like Staten Island and the Rockaways. The Robin Hood Relief Fund has been a leader in relief efforts following Superstorm Sandy. It provided assistance to many of its grantees within hours of the storm and has continued to assist in relief and rebuilding efforts in the days since. This concert will help ensure that as the temperatures drop, everyone in New York has a warm place to stay and that they can begin rebuilding their lives.
There are many organizations that have worked hard to ensure that this relief concert can take place including Madison Square Garden and the various artists who have agreed to take part. However, I find it appalling that scalpers are trying to profit off this charitable concert. Therefore, I ask that each of you do your part by prohibiting the sale of tickets for the concert above the face value price unless that person is willing to donate all money from its sale.
I am happy to work with you or your staff to advance this request in an expedited manner. Please do not hesitate to contact me with any questions.
Charles E. Schumer