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

The O2 in London

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…

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