50,000 Tickets For Oasis’ U.K. Shows Are Set To Be Canceled And Resold
by Quentin Thane Singer · ForbesLive Nation and SJM have announced that they plan on canceling over 50,000 tickets that were purchased for Oasis’ U.K. and Ireland reunion shows. After speaking with the BBC, Live Nation and SJM noted that these tickets make up four percent of the 1.4 million tickets that went on sale for the Oasis U.K. and Ireland reunion shows.
These 50,000 tickets are being canceled as a result of breaking the terms and conditions that were put into place back when they went on sale — fans were warned that tickets for the Oasis reunion shows could only be purchased through Ticketmaster or their resale partner Twickets, and not through any other secondary market.
Live Nation and SJM report four percent of the of the 1.4 million tickets (roughly 50,000 tickets) were purchased through online resale websites. As a result, Live Nation and SJM plan to cancel these tickets and then make them available to be purchased again through Ticketmaster, at face value.
A rep told the BBC, “These terms and conditions were successfully put in place to take action against secondary ticketing companies reselling tickets for huge profit. Only four percent of tickets have ended up on resale sites. Some major tours can see up to 20 percent of tickets appearing via the major unauthorised secondary platforms.
All parties involved with the tour continue to urge fans not to purchase tickets from unauthorised websites as some of these may be fraudulent and others subject to cancellation.”
The leading secondary ticket company Viagogo, told the BBC that it plans to continue selling tickets for the Oasis tour despite the warning from Live Nation and SJM.
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U.K. concert goers have been met with a litany of frustrations around the Oasis reunion shows, particularly when it comes to buying tickets. Finding a ticket to begin with was a massive hurdle for fans as 10 million people from 158 countries queued up to grab tickets back when Oasis had tickets go on sale. Furthermore, many of these tickets were effected by Ticketmasters dynamic pricing model, which put many tickets at a £350 price value instead of the initial £150 face value.
Of course fans were very displeased with how this was handled, and Oasis have since done away with the model for their other 2025 reunion shows. However, recently the U.K. competition regulator has launched an investigation to seek whether or not Ticketmaster has breached consumer protection law through using the dynamic pricing model.