Ed Sheeran objects to Royal Albert Hall’s plans to sell more seats to investors
Ed Sheeran has expressed his opposition to a proposal put forth by the Royal Albert Hall to offer many seats at the esteemed London location to investors. These investors could potentially sell the seats at much higher prices than their original value.
At present, there are about 319 individuals who possess approximately 1,268 seats at the Royal Albert Hall. This encompasses almost 25% of all the seats available. The governing body of the hall could be given the authority to sell 52 seats to investors if a bill is approved by parliament.
According to a letter from his team, Sheeran strongly disagrees with the act of seat-holders selling their extra tickets at unusually high prices.
According to the letter, the team of the celebrity has been working hard to make sure that his followers get tickets at their original prices. The letter goes ahead and talks negatively about sites that are fraudulent, offering tickets at exorbitant rates beyond their face value.
In a discussion on Thursday about a new law, members of the House of Lords were informed that tickets originally sold for £200 for an upcoming concert by musician Ed Sheeran at the Royal Albert Hall were being sold on a secondary ticketing website for as much as £6,000.
The Royal Albert Hall, a charitable organization, organizes almost 400 events annually, ranging from Proms to pop music concerts. The establishment has a seating capacity of 5,272 people in total.
The building, which was established in 1871, was financed in part by individuals who were given seats in exchange for their investment. At present, seats are owned by various entities such as corporations, non-profit organizations, and people, some of whom have inherited these seats from their ancestors who invested in them during the 1800s.
People who own seats for concerts or events but don't want to attend can give their seats back to the box office and get their money back minus 10%. However, some people have chosen to sell their seats on other websites for a lot more money.
The Royal Albert Hall wants to sell more seats, but they need to make a change to the Royal Albert Hall Act 1966 so they can do it.
In the blog post, it was mentioned that Lord Hodgson doesn't agree with the decision. He explained to the peers that if they wanted to attend Ed Sheeran's concert on November 19th, they could get a ticket for £200. However, he then showed them a screenshot from Viagogo, where tickets were being sold for an inflated price of £5,899 to £6,000. This means that people were willing to pay a lot more than what the ticket was actually worth.
Ed Sheeran's supporters are getting excluded from the venue because the steep cost of £6,000 per ticket is too much for them to handle. Even though it's an extreme instance, a £100 admission for the Last Night of the Proms was being traded for £1,218, signifying that this is now a highly profitable business.
The representative for the Royal Albert Hall announced that modifications will aid in the hall's recovery from the pandemic, upgrade its remarkable Grade I-listed edifice, and maintain its outreach work that benefits over 100,000 individuals from varying ages and backgrounds annually.
Fans of Liam Gallagher have voiced out their dissatisfaction. They noticed that tickets for the Definitely Maybe tour next year had increased in price on external websites, almost immediately after they were sold out on Friday morning. Viagogo was one such website that had priced their tickets for sale anywhere between £180 to £409 each, as of Friday evening.
A supporter expressed on social media that obtaining tickets for Liam Gallagher's concert has been very frustrating. All the available tickets were sold out in a few seconds, and now they're being resold for four times their original price on Viagogo. This person dislikes the current ticket selling practices.
During the month of July, Cris Miller, who is in charge of Viagogo, protected his company's methods by explaining that certain supporters "would prefer not to be obligated to wake up early on Friday and potentially wait in a line that may never occur."
He declined to apologize for the quality of our service. According to the BBC, he said that he and his colleagues work tirelessly to bring fans to events all around the globe and that it is their top priority.