Thousands of Oasis Resale Tickets are Being Canceled

Oasis is canceling around 50,000 tickets for its British tour dates that were resold on secondary websites like StubHub and Viagogo.

Transcript

00:00Oasis is cancelling around 50,000 tickets for its British tour dates that were resold

00:06on secondary websites like StubHub and Viagogo.

00:10Live Nation and SJM said they would invalidate tickets listed on secondary platforms and

00:16reissue them through Ticketmaster at face value.

00:20The reason?

00:21To stop price gouging on concert tickets.

00:24A spokesperson for Live Nation saying, quote, reselling tickets on secondary sites broke

00:29the terms and conditions put in place for the Oasis tour.

00:33Out of 1.4 million tickets initially sold, about 4 percent ended up on resale sites.