AEG ends ties with StubHub, launches AXS Marketplace
Launched in response to a "noticeable shift in the industry", AXS Marketplace will limit resale prices to 10% above face value, similar to Eventim's FanSALE
News By | 26 June 2018
AXS has announced the launch of its first price-capped secondary ticketing platform in the UK, signing up AEG’s London venues the O2 and SSE Arena Wembley as the first partners.
AXS Marketplace – which the company says it also plans to roll out across various European markets – will allow the resale of tickets at no more than 10% above the original price paid.
Built-in controls also allow artists and promoters to enforce any restrictions on the resale of tickets to their…