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Reading: Oasis Say They’ll Cancel Tickets as Resale Prices Reach $8,000
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SOUNDBITE BIO > Blog > Rock Music News > Oasis Say They’ll Cancel Tickets as Resale Prices Reach $8,000
Oasis Say They’ll Cancel Tickets as Resale Prices Reach ,000
Rock Music News

Oasis Say They’ll Cancel Tickets as Resale Prices Reach $8,000

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Last updated: September 1, 2024 1:47 pm
By soundbitebio 4 Min Read
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Oasis Reunion Tickets: A Lucrative Market for Resellers

The excitement surrounding Oasis’s reunion tour has led to a surge in ticket demand, with some buyers willing to pay exorbitant prices on resale sites. According to reports, tickets are being sold for as much as $8,000, a staggering 40 times the face value of the original tickets.

Pre-Sale Window Frenzy

The three-hour pre-sale window for official purchases closed on August 30, and soon after, tickets began appearing on third-party dealers’ pages. The band warned that any sales that turned out to be illegal would be canceled, but this hasn’t deterred resellers from capitalizing on the demand.

Resale Prices Skyrocket

The BBC identified several listings on resale sites, including:

  • £6,000 ($7,880) for the London show on July 26
  • £4,500 ($5,900) for the opening concert in Cardiff
  • Over £4,000 ($5,250) for the Edinburgh show on August 12
  • Over £2,500 ($3,280) for the band’s first homecoming event in Manchester on July 12

Oasis’s Warning

In a statement, Oasis urged fans to be cautious when purchasing tickets on the secondary market. "Please note, tickets can ONLY be resold, at face value, via Ticketmaster and Twickets. Tickets sold in breach of the terms and conditions will be cancelled by the promoters."

Reselling: Legal but Ethical?

While reselling is legal in the UK, third-party dealer Viagogo argued that restrictions on purchasing and resale options harm fans and lead to a surge in scams. "We oppose anti-competitive actions taken by event organizers to restrict purchasing and resale options to certain platforms in an attempt to control the market," the company stated.

General Ticket Sales Begin

As the pre-sale window closed, general ticket sales began on August 31. With around 1.4 million tickets expected to be sold for the 17 UK and Ireland shows announced so far, fans are advised to exercise caution when purchasing tickets on the secondary market.

Oasis Albums Ranked Worst to Best

[Gallery: Oasis Albums Ranked Worst to Best]

Conclusion

The Oasis reunion tour has sparked a frenzy in the ticket market, with some buyers willing to pay exorbitant prices on resale sites. While reselling is legal, fans are advised to be cautious and ensure that they are purchasing tickets from authorized sources to avoid being scammed.

FAQs

Q: What is the face value of Oasis reunion tour tickets?
A: Official prices range from about £70 to £200 ($90-260) for seats, about £150 ($200) for standing, and around £500 ($650) for premium packages.

Q: Can I resell my Oasis reunion tour tickets?
A: Yes, but only at face value via Ticketmaster and Twickets. Tickets sold in breach of the terms and conditions will be cancelled by the promoters.

Q: Is reselling Oasis reunion tour tickets legal?
A: Yes, reselling is legal in the UK, but fans are advised to exercise caution when purchasing tickets on the secondary market to avoid being scammed.

Q: How many tickets are expected to be sold for the Oasis reunion tour?
A: Around 1.4 million tickets are expected to be sold for the 17 UK and Ireland shows announced so far.

Q: What is the official stance on reselling Oasis reunion tour tickets?
A: Oasis has warned fans that any sales that turn out to be illegal will be canceled, and urged fans to be cautious when purchasing tickets on the secondary market.

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