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$12K For '12-12-12' Tickets?

01:01 PM Friday 12/7/12 | |

U.S. Sen. Charles Schumer is at it again, giving secondary ticketers a piece of his mind following complaints from fans trying to get tickets to the star-studded “12-12-12” Hurricane Sandy benefit concert at Madison Square Garden.

One ticket was listed for $60,000, drawing outrage from just about everyone.

The Democratic senator, who in recent years has called for ticketing regulation to limit reselling, sent a letter to StubHub, TicketExchange, TicketsNow and TicketLiquidator Dec. 6 seeking to prohibit the resale of tickets to the benefit concert, according to the Wall Street Journal.

Ticketmaster-operated TicketsNow and TicketExchange clarified that they were not allowing tickets from the event on its sites, and Schumer said the others should follow suit.

Tickets for the Dec. 12 concert featuring the newly added Rolling Stones plus Jay-Z, Bon Jovi, Eric Clapton, Bruce Springsteen/E Street, Roger Waters, Paul McCartney and many others, sold out minutes after going on sale, for $150 to $2,500 each. Predictably, tickets started showing up on the resale sites, prompting complaints. Proceeds from the onsale are to benefit the Robin Hood Foundation, with Ticketmaster and StubHub agreeing to waive their usual ticket fees.

  • The Rolling Stones

    50th anniversary concert at the London O2.
    November 25, 2012

    (Joel Ryan/Invision/AP)


However, StubHub intends to continue reselling tickets for the event.

“I don't disagree that this is not an event that should be profited on,” StubHub spokesman Glenn Lehrman told the Journal. “That being said, people are going to resell this ticket whether they sell it on our platform or by other means.”

StubHub's “12-12-12” page includes a pop-up explaining that commissions and fees will be donated toward the Robin Hood Foundation, and says, “Sellers listing tickets to this event have the option to donate their proceeds to the Robin Hood Relief Fund, among other charities.”

A Ticketmaster rep said it's standard policy to not offer tickets for charitable events, telling the Journal, “We proactively blocked all postings for this event on our resale marketplaces in advance because we believe that no one but the Robin Hood Foundation should profit from this event.”