Coldplay voids tickets sold on the secondary market

Coldplay’s Singapore fans who paid a 3000% premium for tickets to the band’s sold-out stadium concert next April will be refused at the door.

The British pop-rock band have requested that any tickets purchased on the secondary marketbe void.

Live Nation Lushington, the joint venture between Live Nation and Singapore promoter Lushington Entertainments, made the announcement on Facebook:

“We would like to urge all fans to refrain from purchasing tickets through unauthorised resellers, as these may have already been voided and holders will be denied access to venue.”

Tickets for the show at Singapore National Stadium are being offered on Facebook’s local marketplace Carousell and ticket marketplace Viagogo at an inflated price. As reported by CNBC, VIP tickets are reselling on Viagogo for 3,226% higher than the S$298 set package price.

The move by Coldplay to void resale tickets follows announcements made by fellow UK artists Adele, Catfish and the Bottlemen and Radiohead, who all invalidated tickets purchased on the secondary market. As reported by Steph Harmon at The Guardian, tickets to Adele’s Australian shows were popping up for $5,000, more than 18 times their original price.

To cope with demand Live Nation Lushington this afternoon announceda second show at Singapore Stadium.

Live Nation Lushington managing director Michael Roche told The Straits Times, ticket prices have been kept low at the request of the band.

“Our ticket prices were originally a little bit higher and they said, ‘No, move that price’. They really care,” he said.

As previously reported by TMN, Live Nation Italy has come clean on allocating tickets to Viagogo after being exposed by media.

Since then, the Italian government has presented an amendment to its budget law in an attempt to calibrate the market and protect fans. The law will prohibit the act of selling on tickets with the exception of concert organisers and other parties that are authorised to create automatic ticket offices.

According toBillboard, secondary ticketing sales generated US$1.2 billion in revenue for Live Nation last year, up 34% on 2014.