Lawsuit Claims TICKETMASTER Sold VAN HALEN, JOURNEY Tickets At Markups To Face Value

Ethan Smith of The Wall Street Journal reports: Ticketmaster Entertainment Inc. and its current chief executive paid a ticket broker to sell tickets at more than their normal face values to concerts by VAN HALEN, JOURNEY and other acts, according to a lawsuit the broker has filed against the ticketing giant. (Click here to view a copy of the lawsuit.)

While the underlying lawsuit is a breach-of-contract allegation, the alleged events it describes highlight the broader importance of ticket reselling for the concert industry.

Read the entire report from The Wall Street Journal.