Public Hearing - April 22, 2021

    


 1      BEFORE THE NEW YORK STATE SENATE
        STANDING COMMITTEE ON INVESTIGATIONS AND
 2      GOVERNMENT OPERATIONS
        AND
 3      STANDING COMMITTEE ON COMMERCE,
        ECONOMIC DEVELOPMENT, AND SMALL BUSINESS
 4      ----------------------------------------------------

 5                     JOINT PUBLIC HEARING:

 6          TO EXAMINE POTENTIALLY UNFAIR AND DECEPTIVE
        PRACTICES OCCURRING IN NEW YORK STATE’S PRIMARY AND
 7       SECONDARY TICKET MARKETPLACES FOR LIVE EVENTS IN
       ORDER TO IDENTIFY ANY LEGISLATIVE AND POLICY REFORMS
 8      ----------------------------------------------------

 9                                 Zoom Remote Hearing

10                                 Date:  April 22, 2021
                                   Time:  10:00 a.m.
11
        PRESIDING:
12
           Senator James Skoufis, Chairman
13         NYS Senate Standing Committee on
           Investigations and Government Operations
14
           Senator Anna Kaplan, Chairman
15         NYS Senate Standing Committee on Commerce,
           Economic Development, and Small Business
16

17      PRESENT:

18         Senator James Gaughran

19         Senator Pam Helming

20         Senator Brad Hoylman

21         Senator Todd Kaminsky

22         Senator Mike Martucci

23         Senator Thomas O'Mara

24         Senator Anthony Palumbo

25         Senator Elijah Reichlin-Melnick







                                                             2
 1
        SPEAKERS:                               PAGE  QUESTIONS
 2
        David Marcus                              11      17
 3      Executive Vice President of
          Global Music
 4      Ticketmaster

 5      Bob Belber                                63      77
        General Manager
 6      Times Union Center

 7      Tom Kirdahy                               63      77
        Producer (on behalf of
 8        President Charlotte St. Martin)
        The Broadway League
 9
        Gilbert Hoover                            63      77
10      Vice President & General Counsel
        The Shubert Organization
11
        Lawrence Paone                            63      77
12      President
        Treasurers & Ticket Sellers Union,
13        Local 751 I.A.T.S.E.

14      Laura Dooley                             108     122
        Head of Global Government Affairs
15      StubHub

16      Donald J. Vacarro                        108     122
        CEO
17      TicketNetwork

18      Ryan J. Fitts                            108     122
        Vice President - Legal &
19        Government Affairs
        Vivid Seats
20
        Jason Berger                             108     122
21      President
        Coalition of Ticket Fairness
22
        John Breyault                            169     184
23      Vice President - Public Policy,
          Telecommunication, and Fraud
24      National Consumers League

25







                                                             3
 1      SPEAKERS (continued):                   PAGE  QUESTIONS

 2      Anna Laitin                              169     184
        Director - Financial Fairness and
 3        Legislative Strategy
        Consumer Reports
 4
        Carl Szabo                               169     184
 5      Vice President and General Counsel
        NetChoice
 6
        Brian Hess                               169     184
 7      Executive Director
        Sports Fans Coalition
 8

 9                            --oOo--

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14

15

16

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18

19

20

21

22

23

24

25







                                                             4
 1             SENATOR SKOUFIS:  Okay.  Good morning,

 2      everyone.

 3             Thank you for joining us today.

 4             Welcome to today's New York State Senate

 5      hearing on event ticketing and consumer issues

 6      related to the COVID-19 pandemic.

 7             This hearing is part of the Committee on

 8      Investigations and Government Operations' ongoing

 9      investigation into event-ticketing practices.

10             And we're delighted to partner on today's

11      hearing with Senator Anna Kaplan, and the Committee

12      on Commerce, Economic Development, and Small

13      Business.

14             We hold today's hearing in the context of the

15      soon-to-sunset ticketing laws.

16             Approximately 95 percent of the state's

17      ticketing statute is due to expire this July; a

18      statute that governs transferability, rules within

19      the primary and secondary markets, transparency in

20      the marketplace, and much more.

21             My firm belief, that two fundamental

22      considerations exist as we contemplate our response

23      to the forthcoming sunset.

24             First is the state of the live-event

25      industry, which has obviously been devastated by the







                                                             5
 1      pandemic.

 2             In particular, the venues, and all the

 3      artists, performers, and employees, that create the

 4      very entertainment around which ticketing is made

 5      possible, must be supported and top of mind as we

 6      move ahead with possible reforms.

 7             There is ample evidence that consumers are

 8      anxious to return to concerts, sporting events, and

 9      theater, and, thus, the ticketing markets will

10      naturally rebuild, but only if the entertainment

11      itself is available and continues to thrive.

12             Our second fundamental consideration must be

13      on behalf of the consumer.

14             Much like the industry, millions of

15      New York State consumers have been financially

16      devastated by this pandemic, and we must double-down

17      on our efforts to create a fair marketplace for them

18      to engage with, one in which average New Yorkers are

19      not sucker-punched with outrageous fees, or locked

20      out of events, because thousands of tickets were

21      pre-sold, held back, speculated, or resold at

22      enormous markups.

23             These two considerations, fortunately, are

24      not mutually exclusive.

25             While we hear from some industry stakeholders







                                                             6
 1      today that insist on the need to do a straight

 2      extension of the existing laws under the guise of

 3      COVID uncertainty, make no mistake, these very same

 4      stakeholders have advocated for straight extenders

 5      in previous years when the laws were due to sunset,

 6      and would be doing the same this year, pandemic or

 7      not.

 8             I believe we can, and should, update our

 9      ticketing laws in the coming months in such a way

10      that fosters a supportive environment for the

11      state's live events, all while leveling the playing

12      field for consumers.

13             I look forward to our hearing today, and

14      gathering input to that end.

15             Thank you.

16             And now I want to turn it over to my partner

17      today, and that's Chairwoman Anna Kaplan.

18             SENATOR KAPLAN:  Thank you, Senator Skoufis.

19             First, I want to say good morning to

20      everybody.  Thank you for joining us this morning.

21             I also want to thank Senator Skoufis for

22      partnering with me on this important joint hearing

23      today.

24             Senator Skoufis has been at the forefront of

25      examining this industry, and I'm appreciative of his







                                                             7
 1      partnership.

 2             I would also like to welcome all of my other

 3      colleagues that are joining us this morning.

 4             This joint hearing is being held as a

 5      collaborative effort between the Senate Committee on

 6      Commerce, Economic Development, and Small Business,

 7      and the Senate Committee on Investigation and

 8      Government Operations, with the goal of receiving

 9      constructive testimony from the stakeholders here

10      before us today.

11             Both committees are focused on hearing

12      testimony on a host of issues, which include:

13             Concerns around any potential ticketing

14      practices that negatively impact consumers;

15             As well as receiving testimony on how this

16      industry is moving towards economic recovery

17      following the devastating effects of the COVID-19

18      pandemic;

19             And what New York State can do to support

20      this industry that brings New Yorkers and visitors

21      from all over the world to our renowned

22      entertainment and sports venues.

23             From baseball to Broadway, from Buffalo to

24      Belmont, the ticketing industry is a gatekeeper for

25      so many people seeking to access the world-class







                                                             8
 1      entertainment that this great state has to offer.

 2             It is my hope that the testimony presented

 3      today will help us get more ticket holders in seats

 4      quickly, safely, and more affordably, and bring back

 5      our vibrant tourist economy, and the thousands of

 6      jobs for New Yorkers that are supported by this

 7      industry.

 8             With that, I'm grateful to have this

 9      opportunity to hear from the stakeholders, and I'm

10      eager to hear all of your testimonies.

11             Thank you.

12             SENATOR SKOUFIS:  Thank you, Senator Kaplan.

13             And now we'll hear some remarks from your

14      ranker, Senator Mike Martucci.

15             SENATOR MARTUCCI:  Thanks, Senator Skoufis,

16      and thank you, Senator Kaplan.

17             Great to see everyone this morning.

18             First, I want to start by thanking both of

19      you, our chair people, for having this event today.

20             Certainly, tremendously beneficial for me, as

21      the new member, to come up to speed on this issue,

22      and have an opportunity to hear from the industry.

23             You know, Senator Skoufis really touched on

24      the important points that I wanted to touch on in my

25      opening, which is, you know, certainly, it has been







                                                             9
 1      a tough year for businesses around New York; a

 2      particularly tough year for the ticketing industry,

 3      and, effectively, sales in 2020 were zero dollars.

 4             So, you know, while I completely understand

 5      the struggle that this industry faces today, you

 6      know, I think that, certainly, you know, the

 7      sentiment that I want to start off with is, you

 8      know, I think that we need to be very focused on

 9      testimony today, in terms of the struggles of the

10      industry; on how the industry feels like we can best

11      help recovery, as we move forward, as population

12      becomes more and more vaccinated.

13             Certainly, I know my big concern is that any

14      changes that we make to this law, which could be

15      beneficial to both consumers, the industry,

16      potentially, and hopefully, both, are done in a way

17      that makes sure that we protect an industry that

18      clearly is very fragile at this time.

19             And, you know, I think, you know, really,

20      just lastly, the last thing I'll touch on before

21      I turn it back over you to, Chairman, so that we can

22      get on with the testimony and the questions, is, you

23      know, I think that allowing this law to expire,

24      simply expire, would be a big mistake.

25             So it is important that something happens,







                                                             10
 1      because there clearly is a need for us to act,

 2      whether it is a straight extender, which, you know,

 3      going into this, frankly, my intuition tells me

 4      makes sense.

 5             But I do look forward to the testimony today,

 6      and hearing from the industry, and hearing the

 7      concerns, because, certainly, there are, you know,

 8      components of this that we could all collectively

 9      look at.

10             So I look forward to the testimony today.

11             I look forward to some questions that I have.

12             And, again, I thank my colleagues for hosting

13      this event so that we can get some important

14      information.

15             SENATOR SKOUFIS:  All right.  Thank you,

16      Senator Martucci.

17             And before we move on, I want to acknowledge

18      members/colleagues who have joined us so far.

19             They include Senator Kaminsky,

20      Senator Reichlin-Melnick, Senator Gaughran,

21      Senator Palumbo, Senator O'Mara.

22             And I think that's what we've got so far.

23             I suspect one or two others may join us.

24             And just some ground rules, heading in:

25             Each witness will be provided three minutes







                                                             11
 1      to provide testimony.

 2             And those of you who have submitted written

 3      testimony that may well be longer than

 4      three minutes, we just ask you to summarize to the

 5      extent practicable.

 6             Then, following testimony for each panel,

 7      there will be questions and answers.  Each -- each

 8      member, both chair and rank-and-file of the two

 9      committees hosting today's hearing, will be given

10      five-minute allotments for questions.

11             Subsequent rounds/second rounds will be

12      permitted.

13             And, if we are joined by members of the

14      Senate that are not on these two committees, they'll

15      be provided three minutes for a single round of

16      questions.

17             So, with that, I would like to introduce, and

18      welcome, our first witness, which is,

19      David Marcus -- or, who is David Marcus.  He's the

20      executive vice president, head of global music, at

21      Ticketmaster.

22             Welcome.

23             DAVID MARCUS:  Thank you very much.

24             Chairs Skoufis and Kaplan, Senators O'Mara

25      and Martucci, and other distinguished Senators,







                                                             12
 1      thanks for the opportunity to testify today at this

 2      important hearing.

 3             My name is David Marcus.  I am the executive

 4      vice president of global music for Ticketmaster.

 5             I spent my career at the intersection of

 6      music and technology, and I'm privileged to be part

 7      of an industry that brings people together to share

 8      in their common enjoyment of music and the artists

 9      they love.

10             As you noted, the COVID-19 pandemic, and the

11      corresponding local- and state government-mandated

12      shutdowns across the nation, have significantly

13      impacted the live-event industry.

14             Our company, our employees, and the thousands

15      of workers in small businesses depend on live

16      events.

17             By mid-March 2020 the pandemic forced

18      Live Nation to cease all tours, and close its

19      venues, to help mitigate the spread of the virus.

20             Live music in the United States generated

21      $10.9 billion in 2019 in revenue, that all but

22      disappeared in 2020.

23             And, now, many fear losing a second year of

24      live entertainment to this pandemic.

25             The impact of these closures has been







                                                             13
 1      staggering.

 2             At the onset of the pandemic, Ticketmaster

 3      reacted quickly, to adjust operations, and focus on

 4      reversing the flow of money to get refunds in the

 5      hands of fans.

 6             This was no simple task, as it required us to

 7      clawback revenue from event organizers in order to

 8      process refunds for canceled and postponed events.

 9             Over the course of 2020, Ticketmaster

10      refunded over 27.4 million tickets, amounting to

11      almost $3 billion in gross transaction value.

12             No vendor, venue, or artist has been immune

13      from the impact of this crisis.

14             95 percent of all events in 2020 were

15      canceled or postponed, and 77 percent of the

16      millions of live-event workers lost 100 percent of

17      their income.

18             97 percent of contract workers -- that's

19      backup musicians, sound mixers, bus drivers,

20      lighting companies, et cetera -- have been out of

21      work since March of 2020.

22             This impact has been felt hard in

23      New York State, the global epicenter of live

24      entertainment, which also plays a significant role

25      in local communities around the state and throughout







                                                             14
 1      the country.

 2             As an industry, we're all hurting.

 3             Venues and promoters around the country saw

 4      revenue evaporate.

 5             The federal Shuttered Venue Operator Grant

 6      program, which secured over 16 billion in federal

 7      grants, in what was supposed to a boon for

 8      independent venues and talent managers, has yet to

 9      issue, or even accept, a single grant, and that

10      program will only benefit a minority of live-event

11      workers.

12             Most of the businesses on today's panel are

13      going around 13 months without revenue, and we are

14      still without a clear road map to reopening.

15             Until state and local governments provide us

16      with that road map, live entertainment will remain

17      shuttered.

18             Unlike restaurants or airlines that can

19      operate at reduced capacity, live entertainment is

20      largely an all-or-nothing proposition.

21             Tours and concerts, in general, operate under

22      thin profit margins and require more than just

23      partial openings.

24             We need enough capacity to make live

25      economics -- live events economically feasible.







                                                             15
 1             Live music, in particular, is very seasonal,

 2      and requires months of coordination to align

 3      resources, production, talent, along with effective

 4      tour routes spanning dozens of cities.

 5             Current reopening requirements vary greatly

 6      across cities, counties, and states.

 7             That pathwork of approaches includes

 8      prohibitive capacity limitations, different rules

 9      around food and beverage, and highly politicalized

10      views of health verification, with some

11      jurisdictions requiring it for events, while others

12      ban such tactics.

13             We can begin the lengthy process of booking

14      artists, reopening venues, and mapping out tours

15      only after there is a clear, consistent guidance

16      from state and local governments.

17             However, in recent weeks, states like

18      California and Connecticut have announced complete

19      road maps and timelines for reopening, enabling us

20      to begin the process of reigniting the economic

21      engine that is live entertainment.

22             We recognize our future is not a return to

23      business as it was before the pandemic, but a new

24      normal as far as safety precautions and protocols

25      are concerned.







                                                             16
 1             We have engaged medical and sanitation

 2      experts to advise us on best practices for

 3      establishing a new normal for the health and safety

 4      of fans, workers, and artists.

 5             Recent fan surveys indicate that the demand

 6      will be there when the shows return, with 95 percent

 7      of fans expected to -- expecting to attend concerts

 8      again once the pandemic is over.

 9             While the focus of today's hearing is on

10      ticketing, on behalf of the live-entertain industry,

11      we ask for your help in advocating for consistent,

12      reasonable reopening guidance across the state for

13      all types of venues and events.

14             As we approach this new safer normal, and our

15      industry gets back on its feet, we look forward to

16      engaging with you and other policymakers on how to

17      better protect fans from fraudulent and deceptive

18      practices in ticketing live events that undermine

19      the fan experience and their enjoyment of live

20      events.

21             With regard to ticketing, Ticketmaster

22      remains committed to developing products and

23      processes that provide transparency, and create a

24      safe and reliable ticket marketplace, that gets

25      tickets into the hands of real fans.







                                                             17
 1             Despite the --

 2             SENATOR SKOUFIS:  I'd like to ask you to,

 3      please, if you can, wrap up.  Your time is up.

 4             DAVID MARCUS:  Oh.

 5             Well, thank you for the opportunity to

 6      participate in this hearing.

 7             We look forward to working with you to get

 8      the live-event industry back on its feet.

 9             SENATOR SKOUFIS:  Great.

10             Thank you.

11             I'll -- before I kick it off with some

12      questions, I wanted to acknowledge, we've been

13      joined by Senator Hoylman, as well as

14      Senator Pam Helming.

15             So, thank you, Mr. Marcus, and I appreciate

16      your attendance today.

17             You're obviously a major player,

18      Ticketmaster; Live Nation is a major player, in this

19      process.

20             Just, for the record, what -- what is your

21      market share within the primary market?

22             I've read it's about 80 percent.

23             Does that sound right?

24             DAVID MARCUS:  I --

25             SENATOR SKOUFIS:  Within the United States.







                                                             18
 1             DAVID MARCUS:  I'm sorry?

 2             SENATOR SKOUFIS:  Within the United States.

 3             DAVID MARCUS:  I think that maybe sounds

 4      right.

 5             I think it varies dramatically, depending on

 6      the venue size.  Right?

 7             SENATOR SKOUFIS:  Okay.

 8             DAVID MARCUS:  The club's business, we don't

 9      have nearly that share.

10             SENATOR SKOUFIS:  Okay.

11             Can you explain what your relationship -- or,

12      how your relationship works with venues?

13             So my understanding is that there is a

14      contract that's developed between Ticketmaster and

15      venues for the purpose of selling tickets at that

16      venue.

17             Without going into specifics, obviously, and

18      into, you know, the details of contracts, which

19      I know you neither want to or perhaps can do, can

20      you just broadly speak to, are there -- do you get a

21      cut from the venue for tickets that are sold for an

22      event?

23             Can you just speak in very broad terms what

24      those contracts look like?

25             DAVID MARCUS:  Ticketmaster acts as an agent







                                                             19
 1      for its clients -- its venue clients.  We act as the

 2      exclusive ticketing agent.

 3             We contract, usually, a multi-year agreement,

 4      to provide software, service, customer service, a

 5      ticketing marketplace, and access to all of our

 6      technology platforms.

 7             And, in return, we negotiate the service fees

 8      that will be charged for providing that, on top of

 9      the tickets.  And we typically --

10             SENATOR SKOUFIS:  Are those -- sorry.

11             Are those service fees you're talking about

12      the service fees that the consumers ultimately wind

13      up paying?

14             DAVID MARCUS:  Yes.

15             SENATOR SKOUFIS:  Or are you talking about

16      separate fees that the venue is going to pay to you?

17             DAVID MARCUS:  No.  Typically, we share the

18      minority portion of the service fees that are

19      charged to the consumer.

20             SENATOR SKOUFIS:  Okay.  So --

21             DAVID MARCUS:  That's how --

22             SENATOR SKOUFIS:  So the venue does not

23      ultimately write a check to Ticketmaster in any way,

24      shape, or form?

25             DAVID MARCUS:  Correct.







                                                             20
 1             SENATOR SKOUFIS:  Got it.

 2             DAVID MARCUS:  (Simultaneous speakers;

 3      indiscernible.)

 4             SENATOR SKOUFIS:  Okay.

 5             So if I may then turn to the primary

 6      marketplace that you're engaged in, and some of

 7      those fees.

 8             So just this morning, for the sake of, you

 9      know, fresh information, I picked a random ballgame.

10      I -- and I -- at this particular game, I think it's

11      for this coming Saturday, I looked at cheap seats.

12             $19, two tickets; so $38.

13             And, on those $38, for two tickets,

14      Ticketmaster was looking to charge $11 in a

15      convenience fee, and $4.10 on a per-order fee; so a

16      little over $15 in fees on $38 in tickets, which

17      make up 40 percent of the actual ticket price.

18             At that very same ballgame, we looked at some

19      more expensive seats.

20             $89 for two tickets; so $178 for the two.

21             And on those two tickets was a, very modestly

22      increased over those this cheap seats,

23      $15 convenience fee, as opposed to the $11, and the

24      same $4.10 per-order fee.

25             So, in that case, where the consumer was







                                                             21
 1      going to pay $19.10 on $178 worth of tickets, which

 2      works out to 11 percent of the total ticket price.

 3             Do you see a problem with the regress --

 4      regressivity of these fees, whereby, if you're,

 5      effectively, a wealthier family, looking to take,

 6      you know, a spouse or some kids, a family, out to a

 7      ballgame, you only pay 11 percent in fees on the

 8      total ticket price, versus, if you're a

 9      working-class or lower-income family, just looking

10      to get to the stadium, trying to get the cheapest

11      seats, you wind up footing a bill of 40 percent of

12      the ticket prices in fees?

13             Is there an issue with that?

14             DAVID MARCUS:  You know, fees are negotiated

15      with the venue, and typically set at the venue's

16      direction.

17             The venues understand and know their

18      communities better than we do.  And we look to them

19      for guidance on what the fee schedule should look

20      like.

21             There is a cost to serve every customer in a

22      matter that -- that the value of the ticket price.

23             And I think the dollars that are paid,

24      irrespective of the percent of face value, that is,

25      reflect the cost to serve.







                                                             22
 1             SENATOR SKOUFIS:  Okay.

 2             And so, to that end --

 3             And this is my last question before I turn it

 4      over.

 5             -- so these are convenience fees.

 6             I actually, separately, looked up a Rangers

 7      game, and there weren't convenience fee there.

 8      There were service charges.

 9             Is it all the same?

10             You know, whether they're convenience fees,

11      per-order fees, service charges, is there a

12      distinction between any of these, or is this just

13      what you're calling "a fee" to make money?

14             DAVID MARCUS:  Yeah, it's what the client --

15      how -- what the -- yes, that's the way we make the

16      money -- we make our money.  And it's what the

17      client wants to call "the fees" on the pages we host

18      for them.

19             SENATOR SKOUFIS:  Okay.

20             Okay.  I'll come back and continue with more,

21      but I'll turn it over.

22             Senator Kaplan, do you have anything right

23      now?

24             SENATOR KAPLAN:  Yes.

25             SENATOR SKOUFIS:  Okay.







                                                             23
 1             SENATOR KAPLAN:  Mr. Marcus, if you could

 2      tell me, what is the long-term outlook for your

 3      industry?  And how long do you think it will before

 4      you're fully recovered?

 5             DAVID MARCUS:  Well, that's a great question.

 6             I -- I can tell you that it has been an

 7      extraordinarily difficult 13 months.

 8             We are starting to see events go on sale for

 9      shows in 2022.

10             We're not yet seeing any real clarity on

11      shows performing in 2021.

12             There's some hope that the fall will start to

13      see a return of live events.

14             And those two things are related.

15             As I noted in my opening comments, it takes a

16      significant amount of time for artists to plan a

17      tour.

18             They have to invest a significant amount of

19      money in, and commit to, production.  It's very

20      difficult for artists to get any cancellation

21      insurance.

22             So if they're going to plan a tour and put it

23      on sale, they have to know it's going to play.

24             No artist who had any events canceled or

25      rescheduled or postponed in 2020 wants to subject







                                                             24
 1      their fans to that again.

 2             So there's very much a wait-and-see.

 3             We're hopeful that this year provides some

 4      relief, at least on the ticket-sales side.

 5             But until we have clarity and guidance on

 6      consistent reopening guidelines, across the country,

 7      and really globally, because this is a global

 8      business, it's going to be very hard to predict what

 9      that return looks like.

10             SENATOR KAPLAN:  On another note, on issue of

11      speculative tickets.

12             Do you, you know, communicate with other

13      companies, identifying these incidences?

14             And does the Ticketmaster go at it alone, or

15      does it work with other, I guess, brokers, or other

16      venues, in terms of finding the speculative tickets?

17             DAVID MARCUS:  Yeah, so -- so, you know,

18      speculative ticketing is something that happens on

19      other marketplaces; not on ours.  Right?

20             We don't permit the -- the posting of any

21      ticket that has not already been sold out of the

22      primary market.

23             So we will -- we don't police other sites; we

24      just don't have the resources to police other sites.

25             We are sometimes aware of when speculative







                                                             25
 1      ticketing is happening, and we can make that

 2      information known to our clients and our promoters,

 3      but, typically, there's not very much that we or

 4      they can do about it.

 5             It is the business practice of other

 6      marketplaces to permit the sale of ticket that are

 7      not in hand.

 8             It's a practice we think is unfair to

 9      consumers.

10             It leads to bad behavior.  It leads to risk

11      of non-fulfillment when the seller can't buy the

12      ticket for the price they sold it at, or for less

13      than the price they sold it at.

14             And it is just creates all kinds of the wrong

15      incentives, and confusion for consumers.

16             SENATOR KAPLAN:  Okay.  I appreciate it.

17             DAVID MARCUS:  Thank you.

18             SENATOR KAPLAN:  I'll come back again later.

19      But [inaudible remote audio] I'm done.

20             SENATOR SKOUFIS:  Okay.

21             Just as a reminder, any colleagues that would

22      like to ask questions, if you could just use the

23      "raise hand" function within Zoom.

24             I'll now turn it over to Senator Kaminsky.

25             SENATOR KAMINSKY:  Thank you very much.







                                                             26
 1             Mr. Marcus, are you able to tell us what --

 2      why you are against, or why you might not want to

 3      let customers know, how much tickets you are holding

 4      back at the beginning of a sale?

 5             Like, I think everyone assumes that all the

 6      ticket are on sale.  And that when they all go in

 7      five minutes, that means 100 percent of tickets were

 8      sold out, and, obviously, drives up pricing, going

 9      forward.

10             What is the downside to saying, We're only

11      releasing 15 percent of the tickets?

12             DAVID MARCUS:  Well, I mean -- I appreciate

13      the question.

14             So, first of all, about 10 or 15 percent of

15      all live events have that kind of sales profile that

16      you just articulated, selling out in 5 minutes.

17             The vast majority of tickets never sell.

18      Right?

19             40 percent -- not the vast majority of

20      tickets -- but 40 percent of live-entertainment

21      tickets just never sell.

22             So the problem is not increasing scarcity.

23             The problem is, how do we sell more tickets?

24             Our clients are in the business of selling

25      tickets.  They don't hold back tickets.







                                                             27
 1             "Holds," which is an industry term that

 2      describes tickets that are not being offered for

 3      sale, don't exceed 5 percent of the tickets that we

 4      sell.

 5             And --

 6             SENATOR KAMINSKY:  Mr. Marcus, just to be

 7      clear:  I'm being told by people in your industry

 8      that there are times, for big concerts, that, like,

 9      90 percent, or 80 or 70 percent, are not on sale

10      right away.  That you put like a very limited amount

11      and it drives up demand.

12             That's not true?  That's all BS?

13             DAVID MARCUS:  That's factually not the case.

14      I mean, it's provably not the case.

15             SENATOR KAMINSKY:  So I -- I think that,

16      then, we can get somewhere, if you want to say what

17      that number is, because, if it's not a big one, then

18      why not put it out there, and then that will put

19      this to bed.  No?

20             DAVID MARCUS:  No, because that's not --

21      because there is no number.

22             The number depends on what -- who -- who --

23      what audience is being invited into the -- to buy

24      tickets.

25             Who's the marketing partner?







                                                             28
 1             What commitments have they made about making

 2      tickets available to people who hold a particular

 3      credit card, or who listen to Spotify?

 4             Or, you know, what were -- what was the trade

 5      that was made between the promoter and -- or, the

 6      event organizer and the marketing partner?

 7             The argument about there being "a number"

 8      that should be put out, it doesn't help consumers

 9      know anything.

10             What it really does, and it -- it's a smoke

11      screen for the broker community, it helps them

12      figure out what the supply-and-demand profile looks

13      like.

14             And --

15             SENATOR KAMINSKY:  But why can't the average

16      New Yorker know what the supply-and-demand profile

17      is?

18             I mean, it's just transparency; it's just

19      saying what's out there.  No?

20             DAVID MARCUS:  No, because there is no

21      number.

22             What is -- there's no number that can be

23      given that won't change later.

24             There are all kinds of holds that happen.

25             Holds for press.







                                                             29
 1             Holds for friends and family of the artist.

 2             Holds for production kills.

 3             Think about a big artist coming into an arena

 4      with brand-new production.  They have to fit it in

 5      the venue the day before the event.  And then they

 6      realize that some of the seats that they thought

 7      were blocked, that didn't have good line of sight,

 8      or the stage was going to occupy it, are now

 9      available for sale.

10             Now, how do we change the number of tickets

11      that are available?

12             Right?

13             Those tickets need to be sold for the

14      economics of the show.  So now we have a change

15      in -- in the way the production works.

16             And it's not just the tickets at the front of

17      the stage.  It's the tickets on the side of the

18      stage that they thought were going to be blocked by

19      speakers.

20             It is a real-time changing number.

21             It is a -- it is -- the argument that it

22      somehow provides transparency is kind of

23      nonsensical, because there's just -- it doesn't give

24      any insight into something that anybody can make a

25      decision on.







                                                             30
 1             The tickets -- our job is to sell as many

 2      tickets as we can on behalf of our clients.

 3             They all make money by selling tickets.

 4             Nobody makes money by holding tickets.

 5             SENATOR KAMINSKY:  Okay.  Let me ask another

 6      question.

 7             DAVID MARCUS:  I want to clear up about

 8      one other thing.

 9             The -- the -- Ticketmaster sells tickets off

10      an interactive seat map.

11             The profile -- the demand profile of every

12      event is the same:  Massive demand when tickets are

13      first made available.  Then demand falls off until

14      the show.  And then it comes back slightly the week

15      of the show.

16             It is in everybody's interest to make all the

17      tickets they have for sale available at the

18      beginning of that curve; that's when people come.

19             That's how marketing dollars are spent in the

20      market.

21             That's where investment is made in attracting

22      fans.

23             That's where we invest in systems that sell

24      lots of tickets to people under a massive demand

25      profile.







                                                             31
 1             Holding tickets back for a time when it's

 2      impossible to find fans to buy them, doesn't serve

 3      anybody.

 4             SENATOR KAMINSKY:  Okay.

 5             Can I -- can I ask one more question, please?

 6             DAVID MARCUS:  Yes.

 7             SENATOR KAMINSKY:  Are there concerts right

 8      now that you have customers for, that got canceled

 9      due to COVID, who are still out the money and don't

10      know what's going to happen?

11             DAVID MARCUS:  I don't believe so.

12             SENATOR KAMINSKY:  Okay.  So that's been --

13      that's been -- that's been worked on.

14             Okay.  I appreciate it.

15             Thank you, Senators Skoufis and Kaplan, and

16      for this hearing.

17             SENATOR SKOUFIS:  Thank you.

18             Senator Hoylman.

19             SENATOR HOYLMAN:  Thank you, Senator Skoufis;

20      thank you, Senator Kaplan, for holding this hearing,

21      especially since we are looking at this law and its

22      potential renewal in terms of the ticket resale.

23             And I just wanted to ask Mr. Marcus, you

24      have resale -- we had a reselling business.

25             And I carry a bill, and wanted your opinion







                                                             32
 1      on that it, that would ban the resale of tickets

 2      that were offered free to the public.

 3             And the most infamous example, I think you're

 4      familiar with, is when the Pope appeared at

 5      Madison Square Garden, and thousands of tickets

 6      were -- were released to the public, to many

 7      religious people.  And then were scalped on the

 8      secondary market, preventing a lot of devoted

 9      Catholics from the opportunity to attend that mass.

10             Do you think that's acceptable?

11             DAVID MARCUS:  No.

12             You know, interestingly, there's an event

13      taking place here in Los Angeles in the next couple

14      of weeks, the Global Citizen Event.  It's a free

15      ticket for vaccinated health-care workers.

16             And, you know, we're in the process of

17      sending out notices to the other marketplaces,

18      letting them know that, you know, this is a free

19      ticket, it's intended for people who have qualified

20      as a vaccinated health-care worker.  Please don't

21      allow these to be posted on your site.

22             I will say, I think the event that you

23      described was so distasteful to so many in the

24      industry, that there is, for the major marketplaces,

25      generally, a -- an inclination not to offer those







                                                             33
 1      kinds of tickets for sale.

 2             Now, that's the major marketplaces.

 3             And so I appreciate that there are some who

 4      may think they fly below the radar and can get away

 5      with that.

 6             I do think it's distasteful.

 7             SENATOR HOYLMAN:  So you don't -- you don't

 8      resell free tickets, such as "Shakespeare in the

 9      Park," on -- and -- and -- and you would support

10      legislation, banning the resale of free or

11      charitable tickets?

12             DAVID MARCUS:  Yes.

13             SENATOR HOYLMAN:  Thank you very much.

14             SENATOR SKOUFIS:  Thank you, Senator Hoylman.

15             Senator Helming.

16             SENATOR HELMING:  Thank you, Senator Skoufis;

17      and thank you, Senator Kaplan, for hosting this

18      hearing.

19             Mr. Marcus, to continue on the subject of

20      reselling tickets, it's my understanding that most

21      tickets these days are digital tickets that are

22      created by Ticketmaster.

23             In order for a person to resell them, the

24      seller has to transfer them to the new buyer through

25      the Ticketmaster system, even if the sale occurs on







                                                             34
 1      a competitor's marketplace.

 2             So I'm concerned that, in this way, the

 3      personally identifiable information of your

 4      competitors' customers is available then to your

 5      company.

 6             So I was wondering if you can provide an

 7      assurance that you're not marketing to consumers,

 8      using that information that's being gained in this

 9      manner?

10             DAVID MARCUS:  So our digital ticketing

11      system was developed for a number of reasons.

12             One, to ensure that all the tickets that are

13      delivered to the end fan, regardless of what the

14      marketplace to which it is delivered, are valid, and

15      that the event organizers know who's coming into

16      their buildings; so, to combat fraud, provide

17      safety.

18             In a post-pandemic world, the ability of

19      every fan to have their own contactless ticket on

20      their personal device is increasingly important.

21             We are a global company.  We are

22      GDPR-compliant, we're CCPA-compliant, we comply with

23      the privacy laws of every jurisdiction that we

24      operate in, and we take that very seriously.

25             So we don't market to anybody who doesn't







                                                             35
 1      want to be marketed to.  And we provide all kinds of

 2      opportunities to opt in to the marketing; not opt

 3      out of marketing.

 4             So we take the privacy and security of fans

 5      very seriously.

 6             SENATOR HELMING:  So to these customers that

 7      you glean their information through a competitive

 8      marketplace, through this transaction that they're

 9      doing, are you saying that you -- Ticketmaster would

10      then reach out to them and ask them if they would

11      like to opt in to Ticketmaster marketing?

12             DAVID MARCUS:  No.  They have to opt in.

13      They're (simultaneous speakers; indiscernible) --

14             SENATOR HELMING:  You're asking --

15      Ticketmaster is asking them if they would like to

16      opt in?

17             DAVID MARCUS:  No.

18             SENATOR HELMING:  So you are -- "no"?

19             DAVID MARCUS:  No.

20             SENATOR HELMING:  Okay.

21             So you're not using information that you're

22      gleaning through this sort of transaction between

23      the seller and the buyer on a competitive

24      (simultaneous speakers; indiscernible) --

25             DAVID MARCUS:  We use that information to get







                                                             36
 1      the fans safely in the building, so the building

 2      knows who's in there; who their fan is, and who

 3      their customer is.

 4             That's what that information is used for.

 5             SENATOR HELMING:  Okay.  Thank you.

 6             SENATOR SKOUFIS:  Thank you, Senator Helming.

 7             I'll -- I'll take another turn here.

 8             And, again, if any members want to ask

 9      questions, just use the "raise hand" function.

10             So, just, Mr. Marcus, returning back to our

11      conversation before about fees, you may know,

12      currently, in New York State law, Article 25 allows

13      for, quote/unquote, reasonable service fees in the

14      primary and secondary markets.

15             How do you determine what qualifies as

16      "reasonable" as you figure out what fees to charge?

17             DAVID MARCUS:  Well, as I noted in my

18      previous response, the fees that we charge are

19      typically set by the client, and the client knows

20      what the market is.  And, again, the goal is to sell

21      tickets.

22             And, you know, in any market, what's

23      reasonable is what buyers and sellers, you know,

24      agree is fair.

25             And I think that the market dynamics tell the







                                                             37
 1      clients what -- what those fees should be set at.

 2             The goal is not to disincent [sic] purchase;

 3      quite the opposite.  Right?

 4             We're trying to keep the fees at a level that

 5      supports the -- again, the cost to serve, both the

 6      fan and the client, and shows that the -- that the

 7      buildings can operate, and we can provide them the

 8      technology they need to get people in the buildings

 9      day after day.

10             SENATOR SKOUFIS:  So your definition of

11      "reasonable" is, according to your words, what the

12      buyer and consumers feel is fair.

13             And so have -- have you -- and, look, you

14      know, you as a primary, and also a secondary,

15      marketplace at Ticketmaster, you are charged with

16      meeting this letter of the law.

17             And so have you polled your customers as to

18      whether they think these service fees are fair?

19             DAVID MARCUS:  I'm not aware of any poll of

20      customers, to ask whether the service fees are fair.

21             And I don't think that that was what I said.

22      I think you mischaracterized my, or misheard my,

23      testimony.

24             What is fair is what the client venues in the

25      markets believe their consumers are willing to pay







                                                             38
 1      to attend their live events.

 2             That was my -- that's the way I phrased it.

 3             SENATOR SKOUFIS:  So you just believe it's

 4      whatever the buyers feel their customers are willing

 5      to pay?

 6             That is your definition of meeting the

 7      "reasonableness" provision within the law?

 8             DAVID MARCUS:  I -- I don't have an opinion

 9      on what the reasonable provision -- "reasonableness"

10      provision in the law means.

11             SENATOR SKOUFIS:  Okay.

12             I want to talk a little bit about your

13      platinum tickets that are offered through

14      Ticketmaster.

15             Are these -- are these the holdback tickets

16      that Senator Kaminsky was talking about, that are,

17      effectively, provided to Ticketmaster, that aren't

18      used by the friends of the artists, the press,

19      et cetera?

20             Is that where those platinum tickets come

21      from?

22             DAVID MARCUS:  No.

23             SENATOR SKOUFIS:  Where do they come from?

24             DAVID MARCUS:  They're -- they're -- they

25      come from the same tickets that are -- that







                                                             39
 1      I mentioned before are made available for sale at

 2      the on-sell.

 3             The point of a platinum ticket is an attempt

 4      by the event organizer to get market value for the

 5      best tickets in the house.

 6             The existence of the secondary market is just

 7      a reflection of pricing inefficiency that event

 8      organizers have.

 9             They don't understand the demand, because

10      they can't -- it's very difficult to perceive in

11      advance of making tickets available for sale.

12             They're trying to maximize sell-through at

13      the on-sale when they've deployed their marketing

14      dollars can.

15             And in that limited window, which is

16      typically anywhere from, you know, 12 to 24 hours

17      after they first make tickets available, that's

18      where the maximum demand is.

19             So the platinum are dynamically-priced

20      tickets, that are attempting to adjust prices to

21      match the demand, and allow the event organizer to

22      extract the value that would otherwise be extracted

23      by resellers, who are just (simultaneous speakers;

24      indiscernible) --

25             SENATOR SKOUFIS:  Do you -- do you place a







                                                             40
 1      limit on how many platinum tickets can be picked

 2      aside by the event organizer?

 3             DAVID MARCUS:  There is no picked aside.

 4             Those tickets are available for sale like any

 5      other ticket, and we don't place a limit.

 6             Typically, event organizers ask for dynamic

 7      pricing on 5 to 10 percent of their tickets.

 8             But --

 9             SENATOR SKOUFIS:  So there's no limit?

10             I mean, so, in theory, an event organizer

11      can -- can tell you, okay, we're going to put for,

12      you know, face value, public sale, half of our

13      tickets, and we're going to reserve the other half

14      of tickets for your platinum services?

15             Is that -- is that possible?

16             DAVID MARCUS:  I take issue with the word

17      "reserved" to the extent that you mean that they are

18      not available to the public.

19             They are just tickets that are priced

20      dynamically.  They're -- they are as available as

21      the face-value ticket in the back of the house.

22             SENATOR SKOUFIS:  No, understood.

23             But, you know, I'm sure you've seen the same

24      reports, and not -- you don't need reports because

25      you're engaged in this -- that, you know, literally,







                                                             41
 1      seconds after an event will sell out, there have

 2      been instances where, then, suddenly, hundreds, if

 3      not thousands of tickets appear on your platinum

 4      services for ten times the face value.  And,

 5      literally, they are the seat next door to the seat

 6      that just sold for, let's say, $100, that you're now

 7      selling for $1,000.

 8             You see no problem with that?

 9             DAVID MARCUS:  I don't -- I take issue with

10      your characterization and the numbers you're using.

11             I supervise that division at the company, I'm

12      familiar with the practices.

13             They're -- seats do not get marked up

14      ten times.  There are not thousands --

15             SENATOR SKOUFIS:  I have examples of it.

16             I mean, you're saying it never happens?

17             DAVID MARCUS:  I would be shocked -- I would

18      love to see the examples.

19             A 10x multiple on face-value ticket is

20      extreme, and would represent --

21             SENATOR SKOUFIS:  Agreed.

22             DAVID MARCUS:  -- and would represent the far

23      end of the curve.

24             The average markup on a dynamically-priced

25      ticket is probably 1x -- one -- two -- sorry --







                                                             42
 1      100 percent, average.  Right?

 2             And so we're not talking about 10x.

 3             And there's no situation where shows sell out

 4      and then tickets get dumped in.

 5             Again, we're -- we're in the business of

 6      matching supply and demand.

 7             And the goal is to serve everybody who is at

 8      the front door, because once they come to the front

 9      door, if they don't find what they want, they go to

10      somebody else's marketplace.

11             It's an unbelievably competitive situation

12      we're in.  And we're -- and we're competing --

13             SENATOR SKOUFIS:  But if you're --

14             Sorry, Mr. Marcus.

15             -- so your suggestion there that, you know,

16      there's competition within -- in, let's say, the

17      primary marketplace, and people could just sort of

18      go somewhere else if they don't like, you know, what

19      they see within Ticketmaster, that's just -- I would

20      argue that's just simply not true.

21             You know, you're the exclusive seller for,

22      you know, MLB, and all these, you know, major sports

23      organizations.

24             There is no other option.

25             Am I wrong?







                                                             43
 1             DAVID MARCUS:  If you're a consumer, there

 2      are -- there are dozens of other options.  Every

 3      other market --

 4             SENATOR SKOUFIS:  In the secondary

 5      marketplace; correct?

 6             DAVID MARCUS:  -- from a consumer's

 7      perspective --

 8             SENATOR SKOUFIS:  Right.

 9             DAVID MARCUS:  -- if we don't offer them

10      something that they're going to -- that they want

11      buy, they'll go buy it from somebody else.

12             And there are plenty of brokers out there who

13      are willing to play that arbitrage game.

14             So our job is not to hold back tickets or

15      make it hard.

16             Our job is to serve our clients, and help

17      them sell as many of their tickets as we can against

18      the demand that they've paid to drive to this

19      marketplace.

20             So I just -- I would just caution that all of

21      the suspicion that somehow we're manipulating fans,

22      there just -- it's just too hard to sell tickets.

23             And everybody wants to talk about the shows

24      that sell out in minutes.

25             They are few and far between.







                                                             44
 1             They're the sexy ones, they're the exciting

 2      ones, but they are rare.

 3             And our job is not to make it hard; it's to

 4      make it easy.

 5             We want to be the place consumers come to buy

 6      tickets.  We don't want them to go to other

 7      marketplaces.

 8             That's the competition we're in.

 9             So making that experience simple, engaging,

10      fulfilling, the last thing we want is somebody to

11      come and see no tickets found.  Or see tickets

12      (simultaneous speakers; indiscernible) --

13             SENATOR SKOUFIS:  Can I ask about, so a few

14      years ago, we prohibited bots.  You know, these

15      automated tools that allow some individuals to

16      gobble up huge amounts of tickets automatically.

17             And, you know, it's a misdemeanor currently

18      in New York State law.

19             My understanding is that next to no

20      prosecutions have happened under this statute.

21             My question to you:

22             You spoke earlier that, understandably,

23      you're not able to police other sellers, but

24      I suspect that, you know, you should be able to

25      police yourselves.







                                                             45
 1             Have you made any referrals to the New York

 2      State Attorney General under this bot provision in

 3      New York State law?

 4             DAVID MARCUS:  We -- we spend an inordinate

 5      amount of time and money defending our site against

 6      bots; working with third parties, building our own

 7      software, using our new smart-key platform, and

 8      having teams in real-time at every on-sale, trying

 9      to identify bot traffic and defend against it.

10             When the New York Attorney General has asked

11      us for information in the past, we have provided it.

12             SENATOR SKOUFIS:  Do you provide it without

13      her asking?

14             DAVID MARCUS:  You know, I am -- I am -- we

15      are -- we are always engaged with law enforcement

16      that's interested in supporting bot prosecutions.

17             SENATOR SKOUFIS:  Okay.

18             I'm not sure -- if I could just ask the more

19      direct question:  You know, have you, unprompted by

20      the attorney general reaching out, okay, you know,

21      "Have you had bot activity?" have you referred cases

22      of bot activity to New York State prosecutors?

23             DAVID MARCUS:  I don't know whether we have

24      done it unprompted, so I would have to get back to

25      you on that.







                                                             46
 1             SENATOR SKOUFIS:  Okay.  Thank you.

 2             That's all I have.

 3             I don't see any other hands.

 4             Are there any other senators who -- oh,

 5      Senator Palumbo, go ahead.

 6             SENATOR PALUMBO:  Thank you, Chairman.

 7             And I just have a few quick questions,

 8      Mr. Marcus.

 9             So as far as -- I guess 2019 was the last --

10      the last real point of reference that we can use

11      that was a fairly normal year -- right? -- as far as

12      ticket sales?

13             DAVID MARCUS:  Yes.

14             SENATOR PALUMBO:  In 2019, I mean, there's

15      been a lot of discussion about these holds.

16             What's -- what was the percentage of holds

17      for, say, for example, your top five events in 2019?

18             Like, how much did you hold for those tickets

19      that weren't sold, say, on the first day?

20             Do you understand that question?  Does that

21      make sense?

22             DAVID MARCUS:  I understand the question.

23             It reference a practice that doesn't exist.

24             So Ticketmaster doesn't hold tickets at all.

25             Event organizers hold tickets.







                                                             47
 1             The tickets that they hold are for uses that

 2      are non-commercial; again, production fitting in the

 3      building.  The bands' mom wants to come to the show.

 4      Press.  Record companies.  The people who need to be

 5      at the show, who are part of the artist's career,

 6      and part of the event.

 7             That number across -- I don't know what the

 8      top -- I can't tell you what the top five were in

 9      2019, but it's some 5 percent.

10             Sometimes it's more in New York and L.A. than

11      it is in other places because, that's where the

12      industry is; that's where the PR people, the

13      magazines, the television shows, are.

14             But it is -- but it is a single-digit

15      percentage of the tickets.

16             Again, the cost of, you know, planning a show

17      at Madison Square Garden is extraordinarily high.

18             The goal is to sell the tickets, to pay for

19      the cost of putting on a show there; it's not to

20      hold tickets back.

21             SENATOR PALUMBO:  Okay.

22             And so -- and so -- just so I'm clear:  Those

23      tickets are held by, in that example, Madison Square

24      Garden; they're not held by Ticketmaster?  You don't

25      keep them --







                                                             48
 1             DAVID MARCUS:  We do not hold tickets.

 2             We do not decide on holds.  We don't -- we

 3      give event organizers the ability.

 4             And it's the artist, the concert promoter/the

 5      event promoter, and the building, are the event

 6      organizers.  In the case of sports, it's the team.

 7             They decide what their needs are to serve

 8      their VIPs in their industry.

 9             And we just give them the tools to allow them

10      to make that decision.

11             SENATOR PALUMBO:  I see.

12             Okay.  So other than -- other than

13      Ticketmaster -- obviously, you have a very large

14      market share.

15             You said there are other places or other

16      brokers where people can get tickets.

17             Can they get them directly from the venue,

18      without service fees, for face value?

19             Is that available?

20             DAVID MARCUS:  Yeah, typically box offices

21      sell tickets without service fees.

22             SENATOR PALUMBO:  Okay.

23             Very good.

24             Thank you, Mr. Marcus.

25             DAVID MARCUS:  Thank you.







                                                             49
 1             SENATOR SKOUFIS:  Thank you.

 2             Senator Martucci.

 3             SENATOR MARTUCCI:  Thanks, Chairman.

 4             Thank you, Mr. Marcus, for your testimony.

 5             I just had one question, and, really, it's

 6      more related to the COVID-19 pandemic, and,

 7      specifically, refund policies, than it is kind of

 8      the broader discussion that we're having.

 9             Who sets the refund policies with respect to

10      events that might be rescheduled, or delayed,

11      especially now because of pandemic-related issues?

12             DAVID MARCUS:  Refund policies is similar to

13      holds.  All these decisions are made by the event

14      organizer.

15             When the pandemic hit, and the scale of the

16      refunds became clear, you know, our company worked

17      very closely with all of the big live-event

18      promoters, and Live Nation Entertainment in

19      particular, took a leadership role in getting all

20      the big-event promoters and event organizers to come

21      up with consistent, coherent policies that fans

22      could rely on.

23             We knew we couldn't have one-offs, depending

24      on the event or the venue; and we were successful in

25      that.







                                                             50
 1             And in an incredibly short period of time, we

 2      not only came up with policies that were clear, but

 3      we at Ticketmaster, basically, built our machine to

 4      run backwards.  Right?

 5             It's not a machine that's built to refund

 6      $3 billion worth of tickets.

 7             And it was an extraordinary effort.  And the

 8      number-one priority was -- were fans.

 9             We knew people were hurting.  We knew that

10      the industry wasn't going to come back quickly.

11      That we had to give everybody, who had their money

12      tied up in a ticket, a real opportunity to get that

13      money back if their event wasn't going to take place

14      for another year.

15             And if an event was canceled, no hassles, no

16      action required, immediate refund.

17             SENATOR MARTUCCI:  All right.  Thank you,

18      Mr. Marcus.

19             Yeah, I mean, look, my concern really

20      surrounds this idea that, certainly, if an event is

21      canceled, there's a necessary refund.

22             But, certainly, if an event is rescheduled,

23      you know, one of our primary concerns is making sure

24      that there are consumer protections, that allow

25      folks who bought a ticket for a specific event at a







                                                             51
 1      date and a time, who might not be able to use that

 2      ticket, to exercise that option.

 3             So, thank you for your testimony.

 4             Thank you, Chairman.

 5             SENATOR SKOUFIS:  Thank you.

 6             SENATOR GAUGHRAN:  We agree.

 7             SENATOR SKOUFIS:  Thank you.

 8             Senator Reichlin-Melnick.

 9             And then, Senator Gaughran.

10             SENATOR REICHLIN-MELNICK:  Sure.  Thank you.

11             And thank you, Mr. Marcus, for your

12      testimony today.

13             Just wanted to follow up on a couple of

14      issues.

15             You had mentioned, and I think early on,

16      maybe in your opening statement, that 40 percent of

17      tickets, on average, are unsold.

18             And can you clarify how that breaks down --

19      if that was the right number, first of all, and how

20      that breaks down, because I'm sure there's a lot of

21      smaller productions, other areas?

22             Is that the case in New York that 40 percent

23      are unsold?

24             And when you're looking at some of the

25      higher-profile events, I'm sure it's much fewer than







                                                             52
 1      that that don't get sold.

 2             DAVID MARCUS:  Yeah, that's an industry

 3      average across live entertainment.  Right?  That's

 4      sports and theater and concerts.

 5             And, you know, Senator Kaminsky started the

 6      data, asking about Bruce Springsteen tickets.

 7             Bruce Springsteen doesn't have a problem

 8      selling his tickets.

 9             But there are lots and lots of artists that

10      have that problem.  So some artists don't sell

11      50 percent of their tickets.

12             Some -- some -- sometimes the Mets aren't so

13      great -- right? -- and they don't sell all of their

14      tickets.

15             So that was an industry average.

16             SENATOR REICHLIN-MELNICK:  I guess I just

17      wonder how you saw that number is; if it's lumping

18      together, you know, Super Bowl tickets, with

19      Bruce Springsteen, with the Omaha Symphony, with,

20      you know, the Binghamton Mets, or anything like

21      that.

22             You know, what do we really learn when we're

23      lumping together so many different sports,

24      entertainment, all across the country, to try to

25      make a point there?







                                                             53
 1             DAVID MARCUS:  I don't -- I'm not sure I know

 2      how to answer that question.

 3             I guess the point I -- I think -- I think

 4      I was offering that stat to make a point, that --

 5      that there are a small number of events that sell

 6      out instantly.  And that it is hard to sell tickets;

 7      it is expensive to find fans.

 8             Marketing for shows is expensive in an

 9      industry that has really low profit margins to begin

10      with.  I mean, the concert promotion industry is a

11      single-digit margin business.  So, you know, there's

12      not a lot of free cash to go and find new fans.

13             And so the arguments that the secondary

14      players are throwing up here, that suggest that

15      we're somehow nefariously making it hard to buy

16      tickets, just flies in the face of the business

17      reality of the market that we operate in.  Right?

18             It is about -- you know, there's a

19      world-renown concert promoter who said, "There's

20      just one rule in concert ticketing:  Momentum."

21             Right?

22             Once you lose the momentum, you're dead.

23             And, you know, this is -- this guy is one of

24      the greats.

25             And that's a lesson that we take every single







                                                             54
 1      day, when we think about how we're going to make

 2      tickets available to fans, is:  How do we make sure

 3      that everybody who wants a ticket gets one?

 4             Because once you lose that momentum, it's

 5      really expensive to go get those people back.

 6             SENATOR REICHLIN-MELNICK:  I appreciate that.

 7             And, again, I just would suggest that, going

 8      forward, it's probably a more useful way to try to

 9      look at this, both from our committee's perspective

10      and from the industry, to try to break that out a

11      little more between what we're dealing with, and

12      whether it's, you know, venues that are in demand,

13      or events that have trouble selling tickets.

14             And I'm sure, in both sports and live

15      theater, there are many venues, and many events,

16      that do have issues selling all the tickets.

17             But, of course, I think what we're seeing

18      these large markups on are -- are the

19      Bruce Springsteens of the world, or the Yankees, or

20      the Jets, or any of the larger-profile events.

21             And I think that's where a lot of the concern

22      comes from.

23             SENATOR SKOUFIS:  Thank you, Senator.

24             SENATOR REICHLIN-MELNICK:  And so I think --

25      no -- has my time expired?







                                                             55
 1             Sorry.

 2             SENATOR SKOUFIS:  No, no.  Go ahead.

 3      I thought you were done.

 4             SENATOR REICHLIN-MELNICK:  So -- yeah, so my

 5      one other question, I just want to kind to drill

 6      down, I know we've talked about this:

 7             You know, we understand, I understand, the

 8      Attorney General of the State of New York did a

 9      study, and they did find that the majority of

10      tickets for at least the most popular performance

11      events weren't made available to the general public.

12             And I know that you're saying that just isn't

13      right.

14             It's, just, I'm struggling to know what to

15      make of the fact that we've got the attorney general

16      on one side who's saying something, and you're just

17      saying that they -- they simply didn't do their job

18      right, or they didn't understand the issue?

19             What's your response to the report from the

20      attorney general's office?

21             DAVID MARCUS:  Was this the Schneiderman

22      report from a few years ago --

23             SENATOR REICHLIN-MELNICK:  Yes --

24             DAVID MARCUS:  -- that you're referencing?

25             SENATOR REICHLIN-MELNICK:  -- it is.







                                                             56
 1             DAVID MARCUS:  My recollection of that -- and

 2      I have not read that report recently -- my

 3      recollection was that that report pointed to a

 4      couple of shows, I think one of them was

 5      Justin Bieber, where there were a significant amount

 6      of tick -- at Madison Square Garden, where there

 7      were a significant amount of tickets held back for

 8      VIPs.

 9             I -- that -- as I noted, that is a -- that is

10      an extreme example.

11             And we've looked at this data, we've looked

12      at it carefully, for situations just like this.

13             The percentage of tickets that are held for

14      the events that we sell tickets for is

15      sub-5 percent.

16             New York (simultaneous speakers;

17      indiscernible) --

18             SENATOR REICHLIN-MELNICK:  Is there

19      (simultaneous speakers; indiscernible) --

20             DAVID MARCUS:  -- go ahead.

21             SENATOR REICHLIN-MELNICK:  -- no.  I'm sorry.

22      The connection's a little bit laggy on my end.

23             Is there a way that that data could be shared

24      with this committee?

25             DAVID MARCUS:  I presume it could be.







                                                             57
 1             I'll have to get back to you on that, yeah.

 2             SENATOR REICHLIN-MELNICK:  Okay.

 3             Thanks.

 4             That's all I've got.

 5             SENATOR SKOUFIS:  Great.

 6             We'll follow up on that request.

 7             Senator Gaughran.

 8             SENATOR GAUGHRAN:  Thank you, Mr. Chairman.

 9             Thank you, Mr. Marcus.

10             And I will try not to comment on and respond

11      to your recent comment about the New York Mets,

12      and --

13                [Laughter.]

14             SENATOR GAUGHRAN:  -- and their performance

15      sometimes leading to the inability to market some of

16      the tickets.

17             But other than that, just following up,

18      Senator Martucci touched a little bit on the COVID

19      issues.

20             You know, and we see now that, that with some

21      events we now have in New York, the requirement that

22      people show proof of vaccination or proof of a

23      negative COVID test.

24             And my guess is, as we move into the summer

25      for, you know, all sorts of events across the







                                                             58
 1      spectrum and venues, that just may be something that

 2      will become commonplace.

 3             What efforts are you making to make sure that

 4      you are clearly providing to your customers the

 5      knowledge of that, so that they understand, when

 6      they show up at an event, you know, they -- they --

 7      and they're not vaccinated, and they don't have, you

 8      know, proof of a recent test, that they may have a

 9      problem?

10             And, also, is there a refund policy in place

11      in the event somebody shows up and cannot gain

12      entry?

13             DAVID MARCUS:  Yeah, that's a great question.

14      Thank you.

15             We have instituted what we call "health-check

16      information."

17             So for events where there are these

18      requirements, in addition to having a ticket, you

19      also need proof of either a negative test or

20      vaccination.

21             There is information that we present to the

22      consumer before they even enter the ticket-buying

23      process:  This -- here is what the requirements are

24      for attending this event.

25             That information follows them through the







                                                             59
 1      purchase journey.  It's presented with their ticket.

 2             And there is a refund policy, typically, that

 3      the event organizer provides, to the extent that the

 4      health credentials that are presented by the fan

 5      don't allow them to enter; don't qualify.

 6             SENATOR GAUGHRAN:  But is this information

 7      that they affirmatively have to check a box to make

 8      clear that they read it?

 9             DAVID MARCUS:  Yeah.  We call it "Accept and

10      Continue" -- right? -- to get to the next step

11      (simultaneous speakers; indiscernible) --

12             SENATOR GAUGHRAN:  (Simultaneous speakers;

13      indiscernible) -- I understand --

14             All right.  Thank you so much.

15             SENATOR SKOUFIS:  Thank you,

16      Senator Gaughran.

17             I just want to follow up with a question,

18      pursuant to what Senator Reichlin-Melnick was asking

19      you about.

20             And so understanding that, you know, the

21      Justin Bieber concert is not the norm.  Right?

22             And you've talked about, you know, these

23      unsold tickets at, you know, many, many events that

24      take place.

25             But understanding that that does happen,







                                                             60
 1      where you have a very hot concert, or -- or, you

 2      know, "Hamilton" on Broadway, whatever it may be,

 3      and that those exist, do you think that there ought

 4      to be some limit -- statutory limit on holdbacks?

 5             I mean, you know, even if it just happens a

 6      couple times a year, or a few times a year, at the

 7      hottest concerts, do you think that in -- you know,

 8      on behalf of your customers who are looking to get

 9      into these venues, do you think there should be some

10      limit on holdbacks?

11             DAVID MARCUS:  No.  I think event organizers

12      should be able to run their business the way they

13      see fit.

14             I think that nobody knows their fans better

15      than the artist.

16             These -- these venues are staples in their

17      communities and in their markets.

18             And I think they need to make the decisions

19      about how to run their business, as long as they do

20      it in a way that doesn't defraud or injure or harm

21      the public.

22             If Justin Bieber believes that, when he's

23      launching his new tour and his new album, he needs

24      to invite his record company to the show, to thank

25      them for their work, that should be his decision.







                                                             61
 1             It's his business, they're his tickets.

 2             You know, our job is to make it -- is to

 3      empower the artist community, the event-organizer

 4      community, to effectively run their businesses the

 5      way they see fit.

 6             And I think, as we start legislating

 7      decisions about, you know, how to take care of your

 8      constituents, I think you run into all kinds of

 9      problems.

10             SENATOR SKOUFIS:  Can you understand that the

11      average fan may be frustrated to learn, you know,

12      who is desperate and dying to get into one of these

13      concerts, that, after the fact, half of the tickets

14      that they thought were available, actually went to

15      friends and families of artists, and promoters,

16      et cetera?

17             Do you sympathize with those fans?

18             DAVID MARCUS:  Tickets are scarce.  Right?

19      It's -- it's the -- there's only so many tickets in

20      any given venue.

21             And I sympathize with those fans every single

22      day, because we recognize that people are passionate

23      about music, they're passionate about sports,

24      they're passionate about theater; and they want to

25      go.







                                                             62
 1             And when there are more people that want to

 2      go than there are tickets available, it's

 3      frustrating, but we can't make more.  Right?

 4             The tickets are what the tickets are.

 5             And these, as I noted, the goal of almost

 6      every single artist, for every single event, is,

 7      "I want my fans there."

 8             This is how they make their money, it's how

 9      they make their living.

10             The live-event industry is what drives

11      artists' livelihoods.

12             It's not from streaming.  It's not from

13      selling T-shirts.

14             Those are important, but it's live.

15             And that money comes from selling tickets.

16             So I am sympathetic to the fans.

17             I'm a music fan.  There's lots of shows that

18      I want to go to, that I don't get to go to.

19             So I recognize that -- that frustration.

20             But it is not because we don't want fans

21      there.  It is not because Justin Bieber doesn't want

22      his fans there.

23             Quite the opposite.

24             His success is 100 percent due to the fact

25      that he tours, and makes ticket available to fans,







                                                             63
 1      and he wants them in the building.

 2             SENATOR SKOUFIS:  Okay.

 3             I'm done with my questions.

 4             Seeing no other hands up, I want to thank

 5      you, Mr. Marcus.  You've provided a lot of

 6      insight.

 7             And we appreciate you -- your attendance, and

 8      your answering our questions.

 9             And we do have a couple follow-ups, I think,

10      over the course of this Q&A, that we'll reach out to

11      you about.

12             But, otherwise, again, thank you for being

13      here, and [inaudible remote audio.]

14             DAVID MARCUS:  Thank you, all.

15             Appreciate the questions.

16             SENATOR SKOUFIS:  Yep.  Thank you.

17             Our second panel, that I'll introduce now, we

18      have a few witnesses:

19             First, we have the general manager of the

20      Times Union Center, Bob Belber;

21             We have from The Broadway League, Tom -- and

22      I apologize if I'm mispronouncing your name --

23      Kirdahy, who is a producer with The Broadway League;

24             We have Gilbert Hoover, vice president and

25      general counsel of The Shubert Organization;







                                                             64
 1             And from Local 751 I.A.T.S.E., Treasurers &

 2      Tickets Sellers Union, we have Lawrence Paone, who

 3      is the president of the local.

 4             Welcome, everybody.

 5             I think -- correct me if I'm wrong, I think

 6      everybody wants to provide testimony.

 7             If not, that's okay, but we'll start with,

 8      Mr. Belber, you want to go first?

 9             BOB BELBER:  Sure.  Thank you.

10             Thank you very much.

11             SENATOR SKOUFIS:  Thank you.

12             BOB BELBER:  So first I'd like to say that

13      the Times Union Center, just to give you some

14      background, is a 17,500-seat facility, very much

15      like Madison Square Garden.

16             We call it the "Upstate New York premier

17      sports and entertainment facility."

18             We've had about 600-plus employees that have

19      not really worked since March of 2020.

20             We're very much looking forward to the

21      restarting of live entertainment; sports, and

22      entertainment.

23             The ticketing industry is something that our

24      industry, and all of our careers, are centered upon.

25             And for the fans, it's something that we have







                                                             65
 1      a lot of, you know, sincere feelings, that they

 2      should get what they are paying for, that they

 3      should enjoy the events that they're putting their

 4      hard money out for, and that they should be able to

 5      buy those tickets in a non-deceptive way.

 6             And so one of the biggest concerns that

 7      I have in my 27 years of being here, is the

 8      third-party, or, secondary market.

 9             And where I focus my concern, is for the

10      consumer that buys a ticket on the speculating side,

11      where seats are put on sale by third-party brokers

12      on a website, that the seat may not even exist.

13             And in some cases we've had tickets that have

14      been sold on secondary-market sites for major

15      events.

16             You know, whether it's a Paul McCartney or

17      Elton John or some other major artist, where they

18      show up at the building with a ticket for a section

19      seat and seat number that was purchased through a

20      secondary market, that doesn't even relate to a seat

21      that exists in the building.

22             So those kinds of deceptive practices I'm

23      very, very concerned about.

24             As it relates to the actual websites where

25      the secondary markets are selling tickets, that's







                                                             66
 1      another big concern of mine.

 2             And I say this really on behalf of our

 3      facility, but I'm sure other facilities in the state

 4      are having the same problems, in that the

 5      secondary-market sites are using our logos, they're

 6      using our photographs of the buildings, they're

 7      using our seat locations and seat maps in the

 8      buildings, without authorization, and making it look

 9      as though -- for a consumer that's going on their

10      site, as though there are -- they are the official

11      site for the venue; and they are not.

12             And so, our site, we do have "official" on

13      it.  We play the chess game of trying to get ours on

14      the top of the list so that people can get to it

15      first.  And it becomes a money game for -- you know,

16      for the Internet, as far as who's paying more to be

17      dominant in the space.

18             But from an enforcement standpoint, it's

19      almost impossible for us, or for Ticketmaster, to be

20      able to enforce people that are using, without

21      authorization, our assets; our name and likeness.

22             And so, if there's one thing that I would

23      love to see from the State side, and perhaps from

24      the attorney general's side, is to crackdown on

25      websites that are using photographs, logos that are







                                                             67
 1      trademarked, that are deceptive, and make the

 2      consumer feel as though they're on the official

 3      site, when they're not.

 4             SENATOR SKOUFIS:  Thank you, Mr. Belber.

 5             And I do want to acknowledge your

 6      participation here.

 7             We invited a number of the very major

 8      downstate venues to this hearing.

 9             They chose not to participate, unfortunately.

10             And so your insight is really valued here

11      today.

12             Thank you for being here.

13             BOB BELBER:  Sure.

14             SENATOR SKOUFIS:  Broadway League, you want

15      to go next?

16             TOM KIRDAHY:  Sure.

17             My name is Tom Kirdahy.

18             I'm a Tony and Olivier award-winning

19      independent producer, with credits including

20      "Hadestown," "Tina," "Anaestasia," "Ragtime,"

21      "The Inheritance," and "Frankie and Johnny in the

22      Claire de Lune" on Broadway.

23             I'm also the former chair of the

24      Broadway League, Government Relations Committee.

25      And I participated in many of the conversations that







                                                             68
 1      led to Senate Bill 8501B being signed into law into

 2      live 2018.

 3             I thank Chairs Skoufis and Kaplan, as well as

 4      the distinguished members of the committees on

 5      Investigations and Government Operations, and of

 6      Commerce, Economic Development, and Small Business,

 7      for this opportunity to speak this morning.

 8             I'd first like to provide some background.

 9             In 2019, Touring Broadway performed in over

10      200 cities, welcomed 17.5 million theater-goers, and

11      had an economic impact of approximately $20 billion

12      on the United States.

13             In New York City, Broadway welcomed

14      14.8 million admissions, and provided almost

15      100,000 full-time-equivalent jobs.

16             Due to COVID-19, the industry has come to a

17      screeching halt, resulting in an historic financial

18      hardship.

19             The U.S. loses approximately $1.4 billion in

20      economic activity every month Broadway is closed.

21             Broadway's most successful productions have

22      long been targets of scalpers.

23             In 2018, when Assemblyman O'Donnell,

24      Senator Murphy, and Governor Cuomo decided to revise

25      the state's ticketing law, our members felt it was







                                                             69
 1      important to address our ven -- to issues our venues

 2      had found the most challenging.

 3             Patrons would often arrive at theaters,

 4      deceived about their seat locations, the face value

 5      of their -- and the face value of their tickets,

 6      leaving venue staff to sort the confusion.

 7             I witnessed this firsthand on many, many

 8      occasions at my own productions.

 9             We were satisfied, overall, with 8501B's

10      disclosures on pricing, spec ticketing, refunds,

11      relationship with the productions and surcharges,

12      and prohibitions against deceptive URLs.

13             We believe these changes went a long way

14      towards protecting consumers, artists, and venues.

15             However, current law has only been effective

16      since late December 2018, and the industry has

17      remained shuttered since March of 2020.

18             Without a significant period of effectiveness

19      to examine the impact of this litigation -- this

20      litigation may have -- this legislation may have had

21      on the industry, it would be difficult to discuss

22      the amendments.

23             Further, as noted earlier, we are in a

24      crisis.

25             When shows can restart, we cannot simply turn







                                                             70
 1      the lights on and open the doors.

 2             We need to fund rehearsals for casts who have

 3      not performed in over a year, recast performers who

 4      have left New York or found other work, refurbish

 5      physical sets, and prepare venues for safe return of

 6      audiences.

 7             We are working with lawmakers and health-care

 8      experts to raise our curtains, put crews back to

 9      work, and help revitalize the state's economy.

10             We are simply not equipped to implement new

11      regulations governing ticketed distribution at this

12      time.

13             The Broadway League therefore suggests

14      extending the current law for two years.

15             We're optimistic that, by 2023, our

16      productions will have resumed at full capacity, and

17      we'll be in a better position to discuss what

18      amendments will be in the best interests of

19      theater-goers.

20             Thank you for your time this morning.

21             SENATOR SKOUFIS:  Thank you for your

22      testimony.

23             Shubert Organization?

24             GILBERT HOOVER:  Thank you, Senator Skoufis,

25      and Senator Kaplan, distinguished committee members.







                                                             71
 1             Good morning.

 2             I'm Gilbert Hoover, vice president and

 3      general counsel of The Shubert Organization.

 4             I thank you for allowing me to participate in

 5      this hearing.

 6             By way of background:

 7             Shubert operates 17 Broadway venues, making

 8      it the largest Broadway venue operator.

 9             In addition, Shubert operates Telecharge, a

10      leading provider of ticketing services of Broadway

11      and off-Broadway shows and other events across the

12      country.

13             We share the committees' interest in ensuring

14      that live-event ticket sales across New York State

15      are fair and equitable for all parties, especially

16      our patrons.

17             For the reasons that I will explain, we

18      believe that the current law which will sunset on

19      July 3rd of this year should be extended for another

20      two-year period without any further amendments.

21             I am joined in this position by the

22      Nederlander and Jujamcyn organizations which,

23      collectively, own and operate 14 other Broadway

24      venues.

25             Because of COVID, Broadway is enduring the







                                                             72
 1      longest closure in its history.

 2             You've heard from the previous panels of the

 3      enormous financial impact on our industry.

 4             We were amongst the first businesses to

 5      close, and the last to reopen, in accordance with

 6      the New York State mandate and applicable law.

 7             Commencing on the evening of March 12, 2020,

 8      over a year ago, all Broadway venues were shuttered

 9      by executive order.

10             While the Governor recently announced

11      guidelines to allow Broadway venues to reopen at

12      severely limited capacity, we are still waiting for

13      the day when we will be welcoming our audiences

14      under something approaching normal circumstances,

15      and full, or close to full, house that are needed

16      for our industry to survive.

17             Now is simply not the time to amend the

18      current ticketing law.

19             Both live-event venues and live-event

20      ticketing industry are in time of great dislocation

21      of people.

22             Our focus is on doing what is necessary to

23      ensure our survival, and to restart Broadway's

24      economic engine, an engine that is essential to the

25      economic recovery of New York City, including the







                                                             73
 1      repopulation and revitalization of Times Square, and

 2      the return of tourism to the city.

 3             And as you've heard --

 4             SENATOR SKOUFIS:  If you could --

 5             GILBERT HOOVER:  Oh?

 6             SENATOR SKOUFIS:  -- go ahead.  I'm sorry.

 7             GILBERT HOOVER:  -- as in three years ago,

 8      the ticketing law was amended in significant

 9      respects.

10             Many of these changes are for the better;

11      however, I do not believing that there has been

12      sufficient time to evaluate the long-term

13      effectiveness of these methods.

14             This is especially so, given the fact that

15      the live-event industry has been largely shut down.

16      And for our industry, the venues of Broadway shows

17      entirely shut down since for over 13 months.

18             We should give these measures more time, we

19      should give ourselves more time, to evaluate the

20      impact of these measures on our industry.

21             In short, we don't believe that changes to

22      the current law are warranted at this time.

23             Thank you.

24             SENATOR SKOUFIS:  Thank you very much.

25             And last, but certainly not least, Local 751.







                                                             74
 1             LAWRENCE PAONE:  Thank you.

 2             Senator -- Senate Chairs Skoufis and Kaplan,

 3      and distinguished members of the Senate committees,

 4      I am Lawrence Paone, president of the Treasurers &

 5      Ticket Sellers Union, Local 751 I.A.T.S.E.

 6             I am here today to provide testimony on

 7      behalf of the 500 box office workers and venues

 8      throughout New York City.

 9             Local 751, chartered in 1941, represents

10      workers in over 60 venues, including the

11      Metropolitan Opera; Broadway theaters; and arenas,

12      such as Madison Square Garden and Barclays.

13             Our industry has been devastated due to the

14      COVID-19 pandemic, with the majority of our members

15      unable to work due to the closure of theaters and

16      other venues.

17             Many of our members have suffered financially

18      during the pandemic, struggling to make ends meet.

19             And for the support of Albany, we are

20      grateful.  We applaud your work on the COBRA subsidy

21      funding.

22             I am here to testify in regard to the current

23      state of the secondary market for tickets.

24             In an average year, millions of dollars in

25      tickets are sold for live events through the







                                                             75
 1      secondary market.

 2             Local 751 is not opposed to the existence of

 3      the secondary market.

 4             The goal of every Local 751-represented

 5      employee is to provide world-class customer service

 6      to theater-goers while maximizing sales for our

 7      employers.

 8             Part of our job responsibilities, and what we

 9      pride ourselves on, is to provide personalized

10      customer service, solve ticketing problems, and

11      ensure that everyone has a good experience and

12      enjoys the show regardless of where a customer

13      purchased their tickets.

14             Based on Local 751's experiences, we see both

15      the positive and negative aspects of the secondary

16      market at the box office window.

17             Many customers have a good experience with

18      the secondary market, and are happy when they get to

19      see a hit show, even when they know they paid an

20      above-market price to secure a ticket.

21             On the other hand, other customers are

22      extremely upset to discover that they overpaid for

23      their tickets.

24             To that end, it is important that there is

25      full transparency in the secondary market so that







                                                             76
 1      all customers understand beforehand, both the base

 2      cost of a ticket and the additional costs added by

 3      the reseller, and can thus make an informed purchase

 4      decision.

 5             In addition, customers sometimes unwittingly

 6      purchase from fraudulent tickets -- they purchase

 7      fraudulent tickets from bad sources because it is

 8      difficult to tell which online sources are

 9      legitimate versus illegitimate.

10             Illegitimate resellers sometimes resell the

11      same ticket over and over again, making it very

12      difficult for the box office to determine ownership

13      so that customers may enter the theater.

14             The box office staff does everything in its

15      power to assist the customers in these situations,

16      such as attempting to verify ownership through the

17      various methods in our ticketing systems; selling

18      the customer new seats that accommodate the wishes,

19      when possible; and in the case of fraud, pointing

20      the customer in the direction of law enforcement.

21             Our workers can only mitigate the fallout.

22      We alone cannot prevent the fraud.

23             When reforming the secondary market, we

24      recommend you strengthen protections against

25      deceptive and fraudulent practices, to push bad







                                                             77
 1      actors out of the secondary market.

 2             Thank you for the opportunity to appear on

 3      the behalf of the members of the Treasurers & Ticket

 4      Sellers Union, Local 751.

 5             And we hope to be a resource as you delve

 6      into the reforming the secondary market.

 7             And I look forward to answering any questions

 8      you may have.

 9             SENATOR SKOUFIS:  Thanks very much for your

10      being here, and your important testimony.

11             I'll open up questions.

12             I'll start with Mr. Belber, please.

13             Can you speak a little bit about what your

14      true options are as a venue when it comes to

15      ticketing?

16             So you have Ticketmaster.

17             Do you have any other options, really?

18             BOB BELBER:  No.

19             We have an exclusive contract with

20      Ticketmaster.  And I will say that we have been very

21      happy with Ticketmaster over the years.

22             And I think their secondary platform that

23      they have is the one platform, and I'm not saying

24      that everyone else is bad, but, you can get a

25      guaranteed seat, and you will always get a







                                                             78
 1      guaranteed seat, that's a good seat, in the

 2      secondary market on Ticketmaster, as compared to, as

 3      Lawrence brought up just a few minutes ago, there

 4      are some deceptive websites out there, and ticket

 5      brokers, that often will sell tickets that are

 6      not -- either non-existent or duplicative sales.

 7             SENATOR SKOUFIS:  Right.

 8             And if we can speak a little bit about what

 9      we heard from Ticketmaster, you know, they --

10             I hope I'm not mischaracterizing this.  I'm

11      sure they would argue that I am.

12             -- but, they sort of threw the venues under

13      the bus a little bit, when I asked about these

14      service charges that are associated with purchasing

15      tickets through their platform.

16             And, you know, they basically said, well,

17      that's -- those are the numbers that the venues, the

18      event organizers, come up with.

19             Can you speak a little bit about that

20      arrangement; how those service charges are developed

21      with Ticketmaster?

22             Are they in the contract?

23             Without speaking to the specifics of your

24      contract, of course, but, you know, is that

25      something that is covered in the contract?







                                                             79
 1             And, again, you know, how are those -- if you

 2      could speak to how those fees are split?

 3             Can you talk to that issue a little bit?

 4             BOB BELBER:  So -- so event -- event

 5      producers are all -- there's different types of

 6      arrangements with all kinds of different promoters

 7      and event producers.

 8             And there are sometimes splits of service

 9      charges, and -- and sometimes there aren't,

10      depending on the type of event, promoter, sports,

11      et cetera.

12             Ticketmaster does have a base service charge

13      in the agreement that we have.  And the setting of

14      those service charges, generally, is agreed upon

15      between the promoter and the venue, and in

16      conjunction with Ticketmaster.

17             But a lot of times it relates to a comparison

18      of what the service charges are in other like

19      markets and other like facilities; and, therefore,

20      it's not something that this facility, for example,

21      would set without double-checking to see what the

22      promoter may see as service charges in other like

23      venues.

24             SENATOR SKOUFIS:  Okay.  Very good.

25             Thank you.







                                                             80
 1             And my last question for you, sir:

 2             It's my understanding that -- that the

 3      Times Union Center has chosen not to engage with --

 4      directly deal with brokers.

 5             If that's the case, can you talk about how

 6      you came to that decision?

 7             BOB BELBER:  Well, that's been our policy

 8      since I've been here, 27 years now.  We don't -- we

 9      just don't have any arrangements directly with

10      third-party platforms or secondary-market ticket

11      sellers.

12             It's just the choice that we've made.

13             We feel comfortable with Ticketmaster.  We're

14      comfortable with their secondary market.

15             If something happens with an artist or a

16      promoter that might relate to a third-party broker

17      that we're not aware of, we just don't have that

18      knowledge.

19             SENATOR SKOUFIS:  Do you have a sense of

20      whether that policy is, more or less, the norm among

21      venues, or are you more the exception to the rule?

22             BOB BELBER:  I think that's pretty much the

23      norm.

24             There are always going to be artists that are

25      going to have fan clubs that they will want to have







                                                             81
 1      a certain very small number of tickets that would be

 2      available for either presale or fan club sales.  And

 3      those will go out to a secondary source, or

 4      platform, sometimes.  But it's never more than 5 to

 5      10 percent.

 6             But none of the buildings, that I'm aware of,

 7      and I certainly know a lot of other facility

 8      executives, none of them, that I know of, have

 9      direct relationships with secondary brokers.

10             SENATOR SKOUFIS:  Very good.

11             Thank you.

12             I'd like to turn to The Broadway League, and

13      to the extent that you'd like to answer, any of the

14      other panelists.

15             It's -- you know, you mentioned a number of

16      times the 2018 amendments that were made to the

17      state's ticketing laws.

18             One of those amendments had to deal with --

19      or, dealt with "white-label resale sites," as

20      they're called; these deceptive websites that exist.

21             And it's my understanding that, you know,

22      perhaps, while, you know, there has been an

23      improvement in this area, it has really not closed

24      down this cottage industry of deception.

25             One such example that I'm aware of is --







                                                             82
 1      is -- is Broad -- I think it's Broadway.com.

 2             Is that right?

 3             Are you familiar with that site?

 4             It's my understanding that -- that they make

 5      up -- or, you know, based on some data that I've

 6      seen, they made up between 15 and 17 percent of the

 7      volume and value of tickets sold at Broadway shows

 8      over the course of 2018 and '19.

 9             Broadway.com has no affiliation, official

10      affiliation whatsoever, with any Broadway

11      stakeholders.

12             And at the sites, it's common for customers

13      to pay handling, shipping, service fees, in the

14      range of 25 to 50 percent on these tickets.

15             Do you -- do you think that -- that this

16      remains a significant problem within your industry?

17             Do you believe that we ought to be doing more

18      to close down sites, like Broadway.com, that are

19      deceiving unwitting customers?

20             Can you speak to this issue a little bit?

21             TOM KIRDAHY:  I -- I can try.

22             The bigger problem, frankly, is --

23      Broadway.com is a credible site.  I can't think of

24      an instance where a patron has shown up, where they

25      were deceived about their seat or the face value of







                                                             83
 1      their ticket or the legitimacy of their ticket.

 2             There are other sites that I can't name,

 3      that -- because I honestly just don't have it off

 4      the top of my head, that, with great frequency,

 5      especially on hit shows, people will arrive at a

 6      theater, when I was producing "Anastasia," we often

 7      had people showing up with fraudulent tickets that

 8      they purchased on -- through deceptive URL sites.

 9      And they had arrived, thinking they had third-row

10      seats.  And either had a seat in the back row, or it

11      wasn't a legitimate seat at all.

12             So I think that enforcement is a very serious

13      issue.

14             My -- I'm a recovering lawyer, and I will

15      share with you something deeply personal and

16      intimate.

17             My husband was the great American playwright

18      Terrence McNally, who died from COVID on March 24th

19      of last year.

20             When I was involved in lobbying about this

21      issue years ago, one of the things that I noted to

22      anyone who would listen, is that artists lose out

23      when, on the secondary market, tickets are sold at

24      these great -- at these astronomical prices, because

25      the artists aren't receiving the royalties on those







                                                             84
 1      markups.

 2             So the -- I do have a firm belief that the --

 3      sort of what we are looking at today bears scrutiny.

 4      And the secondary market is really something that

 5      needs to be addressed.

 6             My personal concern is about the "when."

 7             And, also, I don't believe we've learned

 8      enough, because that legislation is so new, about

 9      what the real pitfalls are.

10             I'm a very hands-on producer.

11             I show up at the theater five nights a week,

12      and I watch what happens for the patron experience

13      because it's so important to our long-term health.

14             And so it's hard to answer that question, but

15      I will tell you that there are bogus sites out there

16      that are really ripping people off in a way that

17      does need long-term addressing.

18             SENATOR SKOUFIS:  I would like to follow up

19      with one last point, then.  I know my time has

20      expired, but while we're on this subject:

21             So I don't think there's any suggestion that

22      Broadway.com is, you know, selling fraudulent

23      tickets.

24             I understand that there are over a thousand

25      complaints that have been filed against Broadway.com







                                                             85
 1      with the state attorney general and the FTC.

 2             I think the concern is, with a name like

 3      Broadway.com, that customers are just fundamentally

 4      deceived into thinking that, you know, this is like

 5      the official outlet of Broadway tickets.

 6             So do you have, not concerns with the tickets

 7      themselves being real or fake through Broadway.com,

 8      but do you have any concern with just sort of the

 9      fundamental, what I would characterize as, "deceit"

10      behind the name/the URL, Broadway.com?

11             GILBERT HOOVER:  I would be happy to try and

12      answer that, if I could, Senator Skoufis.

13             I mean, I believe that Broadway.com is very

14      careful about how they present themselves to the

15      public.  And they are not operating in a deceptive

16      manner, or suggesting that they are somehow

17      something other than what they are, which is a

18      resale site for tickets.

19             And unlike as Tom Kirdahy had suggested,

20      there are a number of sites that engage in

21      speculative ticketing, or are in violation of the --

22      you know, as you mentioned, the practice of somehow

23      deceiving the customer, and the nature of their

24      white-label site.

25             But I don't believe that that is the case







                                                             86
 1      with Broadway.com.

 2             And I do think that enforcement is a major

 3      issue in this area.

 4             And I can tell you, in response to a question

 5      that you had asked previously, that, at Telecharge,

 6      we have actually gone to the AG's office, to give

 7      them instances where we have information about what

 8      we believe to be people using bots, in an effort to

 9      get enforcement.

10             And I think that it's important that we all

11      try to make sure that we take action against bad

12      actors in the industry.

13             SENATOR SKOUFIS:  Thank you very much.

14             And so, before I hand it off, I do want to

15      express, Mr. Kirdahy, my -- my deepest condolences

16      for your -- your loss that you mentioned.

17             And thanks again, both, to -- to your

18      answers.

19             If I may now turn it over to Senator Kaplan.

20             TOM KIRDAHY:  Thank you.

21             SENATOR KAPLAN:  [Inaudible remote audio] for

22      your testimony here today.

23             And this question is for anyone on the panel.

24             There was a significant discussion with the

25      last witness, Mr. Marcus, on the topic of holding







                                                             87
 1      back on certain percentage of ticketed sales to the

 2      public.

 3             Can you explain exactly how the decisions are

 4      made by the event organizers as to what percentage

 5      of tickets that were held back from general sales to

 6      the public might eventually be released for the

 7      public sale, such that they're no longer being held

 8      for VIPs or friends or family?

 9             And a follow-up:  And when those tickets are

10      released for sale to the general public, what, if

11      any, price changes are made to those tickets, and

12      why?

13             Also, how is the public made aware of these

14      tickets that have become available?

15             GILBERT HOOVER:  I would be happy to try and

16      answer your question, Senator Kaplan.

17             In general --

18             SENATOR KAPLAN:  Thank you.

19             GILBERT HOOVER:  -- there are contractual

20      arrangements between the venue operator and the

21      primary ticketing agent.

22             And that contract would, you know, provide,

23      just as Ticketmaster represented, that, you know

24      there's an agreement as to house seats.  And so the

25      contract will spell out the number of house seats.







                                                             88
 1             That's a form of "hold."

 2             And we have supplied information, and with

 3      respect to the earlier information request that were

 4      requested, that is, shows that, 2019, the last year

 5      we really had significant sales, house seats, and

 6      any kind of hold, for the top five Broadway shows

 7      that we sell, less than 5 percent -- I think

 8      actually more, I think it may have been 7 percent.

 9             So I really don't think that this is a

10      Broadway issue in terms of holds.

11             And I think that, you know, other forms, if

12      you want to call them "holds," if you're selling

13      tickets, say, for a Lincoln Center, a nonprofit

14      theater, they might decide that they want to give

15      their subscription base first dibs, if you will, on

16      getting tickets.

17             In my mind, that's not a negative.  That's

18      something that the venue operator should have the

19      right to make those kinds of decisions.

20             So I don't see this as, for the Broadway

21      industry, where you have open-ended run, that holds

22      is really something that is a significant problem.

23             And I don't see that disclosure of, you know,

24      or, you've got eight performances a week,

25      40 Broadway venues, if you do the numbers, it's just







                                                             89
 1      a massive amount of data that would not, if you had

 2      to disclose it on your site, I don't think would

 3      inform or change in any way a customer-purchasing

 4      habit.

 5             TOM KIRDAHY:  Yeah, I would just --

 6             SENATOR KAPLAN:  Thank you.

 7             TOM KIRDAHY:  -- just, may I just piggyback

 8      on that for a moment?

 9             When we were discussing 8501B a few years

10      ago, this issue came up.  And it seemed that we had

11      learned, and drawn distinctions between larger

12      venues and the Broadway space and the Broadway

13      model, where, say, the average house is

14      1,000 tickets.

15             The number of holds is -- on Broadway, is

16      somewhat de minimis.

17             It's certainly under 5 percent, and it's

18      usually tied to, if a star comes to Broadway, she or

19      he may have four house seats that they have to use

20      48 hours before -- before the performance, or those

21      tickets get released at face value.

22             The difference, of course, is that, when we

23      come to Broadway, we hope to stay.  So it's

24      eight shows a week, and, hopefully, for many years;

25      or, if it's a limited run for 16 or 20 weeks.







                                                             90
 1             It's not one night only, where there are --

 2      where the hold process -- the hold process is very

 3      different.

 4             So there's -- it's slightly apples and

 5      oranges on the subject of holds.

 6             SENATOR KAPLAN:  I appreciate it.

 7             Mr. Belber, would you like to comment on

 8      this?

 9             BOB BELBER:  Yes.

10             I think you've got two different issues here.

11             As you're calling it "holds," I really have

12      to agree with Mr. Marcus, that it's really not

13      per se holds.

14             And in the arena business, or at least here

15      at our facility, it used to be where VIPs, from the

16      building side, could hold a couple hundred tickets,

17      maybe 300 tickets, for a major concert.

18             That has gone away.

19             The building can't have those holds like it

20      used to years back.  I mean, it's been several years

21      since we've been able to do that.

22             There are some buildings that still hold out

23      and still try to do it as best they can.

24             But we don't hold tickets here for our VIPs.

25      They have to buy them just like the consumer.







                                                             91
 1             But the other side of it, on the pricing, you

 2      mentioned something about, when does the price

 3      change, and do the consumers know about it?

 4             And there is a relatively new program that is

 5      out, that's called "variable pricing."

 6             And I'm not sure if this impacts the Broadway

 7      side or not, but it's based on demand in the public,

 8      and what the demand or price could potentially be

 9      set at, and it is -- it will be flexible.  And it's

10      somewhat new.  It's only in the last year, or year

11      and a half, that it's been out.

12             I do expect that's probably going to be

13      requested of us, to be able to allow promoters,

14      whether it's Live Nation or AEG and others, to use

15      variable pricing.

16             So I think it's way too soon now to know what

17      that looks like, but I think that's definitely

18      coming.

19             SENATOR KAPLAN:  Thank you.

20             My next question is to Mr. Tom Kirdahy.

21             Again, I am very sorry for your loss.

22             You did talk about Article 25, and the

23      extension that was granted in 2018, where there were

24      several significant changes made to the law,

25      including issues dealing with transparency







                                                             92
 1      requirement, and speculative ticketing, and

 2      additional penalties for the use of prohibited

 3      ticket bots.

 4             And you did discuss that the time frame that

 5      this has been applied is a very short time.

 6             But I wanted to know, are there any quick

 7      judgments you can share about how successful, or

 8      unsuccessful, those changes have been?

 9             TOM KIRDAHY:  It's a -- that's a -- it's a

10      great question, and my honest answer is, no, there

11      isn't a quick judgment.

12             My -- my concern is that we can't diagnose

13      effectiveness without a commitment to enforcement.

14             And I think that the events of the last

15      14 months make it impossible to be proper

16      diagnosticians to its effectiveness.

17             I certainly -- I -- my hope and expectation

18      is that it's a wonderful step in the right

19      direction, but I think absent enforcement, it's

20      toothless.

21             SENATOR KAPLAN:  I appreciate it.

22             This is for anyone else:

23             Can you explain to me the various service

24      fees you charge per ticket or per order?

25             Is it really necessary?







                                                             93
 1             What is the difference between a service fee

 2      or a convenience fee?  Why would you charge both on

 3      a ticket?

 4             And when a family of four orders four

 5      tickets, why must there be a fee be charged for each

 6      of them?

 7             To me it seems these fees are just a way for

 8      you to get consumers to pay for your online

 9      ticketing system, or the salary of your employees.

10             GILBERT HOOVER:  So I guess, as a primary

11      ticketer, I'd be happy to answer that.

12             We use a consistent terminology.  We have a

13      per-ticket service fee, and we have a separate order

14      [indiscernible] charge, and we do scale it.

15             I believe the current scale, if it's under

16      $50, it's $8.50 per-ticket service fee; and if it

17      goes at the high end, if it's $200 or over,

18      it's $15.  And the per-order fee is $3.

19             I think you'll find that those fees compare

20      very favorably to both the primary -- other primary

21      ticketers, and to the markups that are charged in

22      the secondary market.

23             And I would add that, Senator Skoufis, you

24      had mentioned about the "reasonable" requirement.

25             And, actually, my reading of that statute is







                                                             94
 1      that, that application is only to the primary

 2      market.  In the secondary market there is no cap on

 3      what can be charged.

 4             So we are, let's say, tied to the idea that

 5      it be reasonable, and we have tried to take that

 6      into account in determining what are service and

 7      penalty charges.

 8             And, yes, it is a way to pay for the business

 9      of having a computerized ticketing system and

10      staffing it.

11             LAWRENCE PAONE:  If I may just jump in,

12      Senator Kaplan.

13             I would just like to point out at this time

14      that when a customer purchases their tickets at the

15      box office, other than the facility fee, there is

16      no -- there are no service charges.

17             So you can tell all your constituents that

18      once Broadway is reopened, come down to the box

19      office, and the employees that I represent will be

20      more than happy to sell them a ticket with no

21      service charges.

22             SENATOR KAPLAN:  I appreciate it.

23             Thank you so much.

24             My time is up.  I yield to you,

25      Senator Skoufis.







                                                             95
 1             SENATOR SKOUFIS:  Thank you, Senator Kaplan.

 2             Senator Martucci.

 3             SENATOR MARTUCCI:  Thanks, Chairman.

 4             So I just have one question, really, it could

 5      be for anyone on the panel.

 6             I think, Tom, you brought it up in your

 7      testimony.

 8             You know, one of the things that I want to be

 9      particularly sensitive to is the fact that, you

10      know, your industry is on its knees.

11             And I think we all understand that here,

12      we're all sensitive to that.

13             And you talked a little bit about recasting

14      the shows, restaffing.

15             So maybe each of you, in terms of, you know,

16      the components, or, certainly, Mr. Paone, the folks

17      who you represent, like, kind of give me some sort

18      of sense of, you know, what percentage of your

19      workforce do you believe is gone?

20             You know, just kind of a little bit of

21      insight into what "restart" looks like for you right

22      now, and how you think those challenges are laying

23      out.

24             Because, certainly, again, I'm sensitive to

25      the fact that any changes that are made in this







                                                             96
 1      phase need to be made with close attention paid to

 2      the fact that there's a [indiscernible] in which to

 3      implement them, and the fact that you're,

 4      essentially, juggling several balls at a time.

 5             So I think I just want a basic understanding

 6      of that.

 7             TOM KIRDAHY:  Sure.

 8             I have two shows that will return,

 9      "Little Shop of Horrors" off Broadway and

10      "Hadestown" on Broadway.

11             Our hope is that both shows will return this

12      fall.

13             We talk daily about what the needs will be as

14      we return.  That includes the ongoing wellness of

15      our companies.

16             A number of our cast members have had to move

17      out of New York because they have no income.

18             People have moved back to their families.

19             One cast member moved back to Canada, so

20      there are added immigration issues.

21             We know full well that people can't just come

22      back and get on stage the next night.  We're going

23      to have to re-rehearse them probably for

24      three weeks, which is a very expensive endeavor.

25             And, frankly, we believe that we're going to







                                                             97
 1      have to provide people with psychosocial support

 2      services, mental-health support services, in order

 3      to help people succeed.

 4             I mean, the sort of challenges of returning

 5      are going to be enormous.

 6             We have to remarket our shows.

 7             We have to make sure that the public feels

 8      safe.

 9             There -- I think that on both of my shows, by

10      and large, most of the companies will come back.

11             We have done our best, because it's, frankly,

12      my value as an independent producer, to stay in

13      touch with our companies, to check in with them

14      routinely, to keep them as engaged as possible.

15             But all of that is -- is hard to determine

16      until we actually restart.  And the process of

17      restarting is going to be intense, because it

18      really -- it's a lot of people moving back into

19      New York, securing either new housing or returning

20      to their old apartments.  Just getting into physical

21      shape to be able to do eight shows a week, something

22      none of us have been doing the way we once did.

23             It's a very, very difficult question to

24      answer, but I'll tell you, I spend about five hours

25      on Zoom a day, that's just on those subjects, doing







                                                             98
 1      my best to make sure as a big a percentage of our

 2      companies come back as possible.

 3             But the challenges are going to be enormous.

 4      Just enormous.  Things that we can't possibly

 5      predict will present themselves, I have no doubt

 6      about that.

 7             It will also be thrilling, because there's

 8      nothing like the curtain going up.

 9             I'll say that.

10             BOB BELBER:  If you don't mind, I'll pop in

11      just for a minute on that topic.

12             So the Times Union Center in Albany,

13      New York, is looking at the challenge as being only

14      allowed to have 25 percent of our normal capacity to

15      be sold for events.  And that's just recently, just

16      in the last couple of days.  Effective as May 19th,

17      we'll be able to sell up to 25 percent.

18             So for us that's going to be about

19      3500 tickets for an event.

20             And every event has to be presented to the

21      New York State Health Department for approval.  And

22      we have a great relationship with the department,

23      and we've spent a lot of time with them, to make

24      sure fans come in and the environment is safe.

25             And our company, ASM Global, which is the







                                                             99
 1      biggest in the world, with 350-plus facilities, has

 2      a "venue shield" program, that that's -- has a

 3      tremendous number of protocols to keep the people

 4      safe.

 5             And in other parts of the country, the

 6      challenge for us in New York, is other parts of the

 7      country are already opening up with 33 percent, or

 8      50 percent, or in some cases, 75 percent and

 9      100 percent.

10             And so the real tough thing for the tours,

11      for the biggest concerts that are going to come out,

12      is if it's not across the board, so that everybody

13      has somewhat of the same number of seats available

14      to sell, it's going to be very hard for them to be

15      able to route tours.

16             And right now they are doing that.  And we've

17      got a lot of dates on the calendar for future, for

18      late fall, and into 2022, on the speculation that

19      we're going to be at 75 or 100 percent, in hopes

20      that we'll be there.

21             But between now and the end of the fall,

22      we're hoping to be able to get promoters that will

23      come in and bring smaller country shows, comedy

24      shows, smaller family shows, that will play to

25      3500 seats, with social-distance seating, people in







                                                             100
 1      groups, 6 feet apart throughout the arena.

 2             And it's a challenge, because the very next

 3      state next to us may be at 10 percent; or, you know,

 4      the other parts of the region may be getting most of

 5      the tour dates because they're already at a higher

 6      number.

 7             My point is that, to my knowledge, in those

 8      places that have opened up with 33 percent or

 9      higher, and they've used all the right protocols and

10      safety measures, there's no spikes in cases that

11      have taken place.

12             So I'm hoping that there will be a

13      willingness to allow for an expansion, albeit with a

14      continuance of safety measures, to allow the

15      sellable seats to be able to increase as rapidly as

16      possible.

17             SENATOR MARTUCCI:  Thank you, Mr. Belber.

18             And, certainly, I share that hope with you.

19             And I know my time is up, Chairman, so

20      I will -- I will turn this back over to you.

21             But -- what I think, you know, as a closing

22      sentiment to my question, what I want you to know

23      is -- I don't know if you were in a virtual green

24      room, or where you were, when our Chairman kicked

25      off this Zoom, but what I do want to you know is,







                                                             101
 1      we're certainly being very sensitive to the concerns

 2      of the industry, with respect to reopening, the

 3      duration of the closure, as any of these changes are

 4      being considered.

 5             So I thank you for your answer with respect

 6      to that question.

 7             SENATOR SKOUFIS:  Thank you, and that's

 8      absolutely right.

 9             I would like to ask a question or two.

10             You know, it's been mentioned, Mr. Kirdahy,

11      and Mr. Hoover in particular, I understand your

12      position of looking for a straight extension here,

13      and your rationale is that, since the reforms in

14      2018, there really hasn't been adequate time to

15      evaluate the effectiveness of those changes.

16             That stands to reason.

17             I will say, and I'm sure you both know, since

18      it sounds like you were involved in those amendments

19      in 2018, that, you know, the crux of those reforms

20      three years ago were focused on, really,

21      transparency.

22             I mean, you had, you know, some additional

23      disclosures; you had some transparency related to

24      speculative tickets; you an attempt at transparency,

25      and new enforcement, surrounding what we, you know,







                                                             102
 1      discussed before, these white-labeled resale sites.

 2             But to be clear, the crux of the state's

 3      ticketing laws have been around for far longer than

 4      three years.  They've been around for over a decade

 5      now.

 6             And so I guess my question is:

 7             You know, in light of the fact that, you

 8      know, 2008 was 13 years ago, not 3 years ago, for

 9      those components of the law that have been around

10      beyond 2018, do you think that, in those cases,

11      there has been adequate time to make a proper

12      evaluation as to the effectiveness of those parts of

13      the law?

14             And I guess, you know, as a part two to the

15      question:

16             Why not have an openness to those parts of

17      the law that have been around for a great deal of

18      time now; an openness to taking a look at their

19      effectiveness, and in those areas that -- that don't

20      have a direct impact on the responsibilities of

21      Broadway, of the producers, of the venues, of the

22      artists?

23             Why not have some openness to trying to -- to

24      improve what was put in place in 2008?

25             Anyone want to take a stab at that first?







                                                             103
 1             GILBERT HOOVER:  I mean, I guess my reaction

 2      is, yes, [indiscernible remote audio], the

 3      provisions that have been in there since 2008 have

 4      been around long enough that we can make some of

 5      evaluation.

 6             Although, I think you -- you -- your --

 7      evaluating any law, you have to look at the full

 8      panoply of what the provisions are.

 9             And so these new provisions, which I perceive

10      as beneficial about spec ticketing, prohibiting

11      deceptive practices, and white-labeled websites,

12      those kinds of additions, and increasing the

13      penalties on bots, are positive.

14             And, overall, I feel as though the law works

15      well, on balance.

16             Are there things that, you know, down the

17      road, we may look at and say, you know, we -- you

18      know, my personal opinion would be, speculative

19      ticketing just shouldn't be permitted at all?

20             You know, there are other provisions that I'm

21      sure people feel strongly about too.

22             But, overall, I feel as though it's working,

23      and especially in this climate where we don't know

24      what the new normal will look like exactly.

25             We know, for example, under the interim







                                                             104
 1      guideline, that it's really important that we be

 2      able to identify each of the customers and where

 3      they're sitting in our venue.

 4             So I wouldn't want to do anything that would

 5      interfere with technology that allows you to have

 6      that type of a system.

 7             I don't know if that would be permanent, or

 8      it would be temporary, but it's something that needs

 9      to be considered.

10             TOM KIRDAHY:  And to me, it's really that

11      we're an industry that's -- we're fighting for our

12      lives right now, and we're all working together,

13      just to be able to go back.

14             And that's my primary concern at this time.

15             SENATOR SKOUFIS:  And that's completely

16      understandable, and I share that sentiment.

17             And to the extent that these committees and

18      the legislature can be further helpful in getting

19      your legs back under you, I think -- I'd like to

20      think that we're all in agreement here.

21             I guess, my question is, though, you know:

22      Is it conceivable that -- that there are reforms

23      that can be made here to the ticketing laws that

24      could support that effort, that -- you know, that to

25      that end, can actually help you get your legs back







                                                             105
 1      under you?

 2             TOM KIRDAHY:  I think it's so hard to make

 3      that determination right now, because we don't even

 4      know what the inside of a theater will look like.

 5      We don't know what seating is right now.

 6             It's because of the question and challenge of

 7      social distancing, we can't even look at a seat map

 8      and properly make decisions about what it will look

 9      like at the moment.

10             You know, I genuinely applaud the committee,

11      and the intentions of what everybody is trying to do

12      here.  I think it's wonderful.

13             I just think the timing is -- poses deep,

14      deep practical challenges to us right now.

15             And I feel your good will, I really want to

16      say that.

17             SENATOR SKOUFIS:  Just -- my time is up, but

18      just one last question for me.  And if any other

19      members have questions, to please raise your hand in

20      the Zoom.

21             Changing topics a little bit, do any of you

22      feel that within the secondary market there is too

23      high of a markup, or there can be too high of a

24      markup?

25             Or do you think that it should be completely







                                                             106
 1      free-market, completely open-ended, and for the

 2      hottest -- for hottest tickets, if someone can sell

 3      a ticket, 10 times, 20 times, the face value, God

 4      bless them?

 5             Or do you think that there should be some

 6      reasonable safeguards in place within the secondary

 7      market on markups, so that, what I'll characterize

 8      as, average customers, average New Yorkers, can

 9      maintain access to those shows?

10             BOB BELBER:  You know, if you don't mind me

11      chiming in on this, the fact is, if you go back --

12      and I'm going to date myself here -- but, you know,

13      I still remember that old law from way back, where

14      it was -- the resale was capped --

15             SENATOR SKOUFIS:  $2.

16             BOB BELBER:  -- at no more than 10 percent of

17      the face value.

18             And we saw how the black market, you know,

19      more or less, destroyed the ticketing business back

20      then, because of the caps that were put on how much

21      the resale could be.

22             The reality is, I think what Tom had said is

23      true.

24             I've got 75 percent of my seats that are

25      zip-tied right now and nobody can sit in them.







                                                             107
 1             And so the timing is so premature.

 2             Having said that, I think that this committee

 3      is -- should be a -- should be thanked for

 4      everything that you're doing to try to protect the

 5      consumer.

 6             But I think that the law that exists, if it

 7      was extended for a limited number of years, a year

 8      or two, whatever, to let us get our feet under us,

 9      let the industry come back and host events.

10             And, if anything, I think enforcement of the

11      current law that does exist, more enforcement on

12      bots, you know, more enforcement on speculative

13      tickets.

14             If there was an elimination of speculative

15      tickets, I think that would be wonderful.

16             As it relates to secondary markets putting

17      tickets on sale with specific seat locations before

18      the show even goes on sale, is just wrong in so many

19      ways.

20             So there are some things that could be done

21      within the nutshell of the law that currently

22      exists, that could probably make it better for the

23      consumer, as well as us in the venues, and for the

24      artists.

25             But I can't see where changes really, at this







                                                             108
 1      time, are needed in the actual law.

 2             SENATOR SKOUFIS:  Anyone else want to speak

 3      to the markup issue?

 4             No?

 5             Okay.

 6             I'll save that question for the next panel,

 7      of resellers.

 8             So seeing no other questions, I want to thank

 9      each of you for your participation today.

10             And let's keep in close contact, not only on,

11      you know, this particular issue of the sunsetting

12      laws, but, in general, like I said, I think, you

13      know, I speak for most, if not all of my colleagues,

14      in wanting to support you all as we come out of this

15      pandemic.

16             So, to that end, however we can be helpful,

17      please do be in touch.

18             But thank you for participating today.

19                (All panel participants say "Thank you.")

20             SENATOR SKOUFIS:  All right.  So our third

21      panel of four is next.

22             We have from StubHub, Laura Dooley, head of

23      global government affairs;

24             From TicketNetwork, Donald Vacarro, CEO;

25             From Vivid Seats, Ryan Fitts, vice president,







                                                             109
 1      legal and government affairs;

 2             And from the Coalition for Ticket Fairness,

 3      Jason Berger, president.

 4             Welcome, everybody.

 5             DONALD VACARRO:  Thank you.

 6             RYAN J. FITTS:  Thank you.

 7             JASON BERGER:  Thank you.

 8             SENATOR SKOUFIS:  Okay.  Why don't we kick it

 9      off, I'm just going to go in order on the agenda

10      I have here, StubHub, do you want to go first,

11      Ms. Dooley?

12             LAURA DOOLEY:  Absolutely.

13             Hi, Chair Skoufis, Chair Kaplan.

14             Thank you for having me here today.

15             My name is Laura Dooley.  I'm the head of

16      government relations for StubHub.

17             Many of you may know that StubHub was founded

18      in 2000, and we were really the first in the

19      secondary sales market.

20             We revolutionized an industry that used to

21      happen in the back of newspapers and classified ads

22      and on street corners, and put it on the Internet to

23      provide a safe, secure, and transparent marketplace

24      for customers to buy and resell tickets.

25             StubHub has a long history of working with







                                                             110
 1      policymakers and regulators, to better understand

 2      our industry, and to promote the enforcement of

 3      existing laws, or the creation of new laws, to

 4      benefit our customers.

 5             New York as a state has consistently led the

 6      nation in its protections of consumers in this

 7      industry.

 8             And we want to thank you all for that

 9      leadership.

10             StubHub was proud to have supported the

11      state's most recent legislative initiatives in 2018,

12      which introduced several new consumer protections,

13      as well as enhancing existing consumer protections,

14      we believe all in the benefit of the customer.

15             At that time we saw the enhanced penalties

16      for illegal bot usage, the regulation of the sale of

17      speculative tickets, enhanced disclosures on

18      deceptive URLs, renewing -- and then renewing the

19      state's critical transferability requirements.

20             Together, this list really is a robust set of

21      consumer protections that honestly ticks off most of

22      the public policy issues we hear debated about in

23      the states today.

24             We strongly encourage the renewal of these

25      statutes, and are certainly open to discussions on







                                                             111
 1      other issues, but certainly want to make sure that

 2      at least those protections remain in place for

 3      customers, and that they're strongly enforced.

 4             You know, as StubHub believes that, as our

 5      industry reemerges from the COVID-19 pandemic,

 6      empowering consumers with flexibility and choice is

 7      paramount to the success of our industry, as well as

 8      to consumer protection.

 9             We believe that the existing statute does

10      provide those protections and aligns with those

11      principles.

12             We're certainly willing and able to

13      participate in any state or health guidelines

14      required to get fans back into stadiums and back

15      into theaters.

16             We do caution, though, against the use of

17      technologies that may hinder consumer choice or

18      transferability in a guised attempt to kind of meet

19      those health requirements.

20             We believe fans should be accommodated

21      everywhere that they want to buy tickets, and

22      believe that we can do that, and find comprehensive

23      solutions to help restore our industry quickly.

24             To the extent that additional conversation is

25      warranted on enhancing consumer protections, we







                                                             112
 1      would point to increased transparency on the primary

 2      market.

 3             It's not always about percentages of tickets

 4      available for sale, but just when they're going on

 5      sale, and maybe how many.

 6             That type of information can be informative

 7      to consumers as they make their decisions.

 8             We want to thank you for the opportunity

 9      again to participate today.

10             Again, we strongly urge you to renew those

11      consumer protections, and we're happy to answer any

12      questions after the panel is finished.

13             SENATOR SKOUFIS:  Thanks very much,

14      Ms. Dooley.

15             Next we'll hear from TicketNetwork,

16      Mr. Vacarro.

17             DONALD VACARRO:  Right, thank you, Senator.

18             Thank you for everyone on the panel.

19             I appreciate the invite today, and I want to

20      try to be, as always, as candid as possible.

21             One, well, we have the issue of

22      transferability -- transferable tickets.

23             The legislation we have needs to go farther,

24      and it has to do with data; meaning, that other

25      states that have this law give consumers a lot more







                                                             113
 1      protection than New York consumers have about

 2      transferability.

 3             They're able to transfer the ticket without

 4      going through the vendor -- without going through

 5      the primary vendor.

 6             And in doing that, they don't have to give

 7      this information up to the primary vendor, which the

 8      primary vendor sells: your name, your address, your

 9      phone number, your IP address, your e-mail address,

10      your physical address; unique identifiers.

11             So every time you're a New York resident and

12      you change tickets at some primaries, they take that

13      information and they sell it, including your gender

14      and/or change of gender.

15             That has to change.

16             Connecticut consumers who buy New York events

17      don't have to share that information.  But New York

18      consumers have to share it.

19             That has to change.

20             As far as the holdbacks, you're absolutely

21      correct with the holdbacks.

22             Holdbacks will give clarity to the consumers.

23             And remember, and I think there's a

24      fundamental concept that a lot of primary sellers

25      don't agree with, is that decreasing the supply







                                                             114
 1      raises the equilibrium price.

 2             So you can fix the market with holdbacks, and

 3      raise the price on tickets, which does happen.

 4             And I know Senator Kaplan was talking about

 5      when those tickets go back into the system; and

 6      she's right.

 7             Some of those tickets, when they go back in

 8      the system for holdbacks, the price is raised to

 9      many times what it would normally be selling for,

10      due to venues using dynamic pricing.

11             But, probably the biggest issue that New York

12      has right now is, as the first gentleman brought up,

13      in making the venues the bad actor, when you talk

14      about venues that charge service charges, New York

15      has a specific statute, that venues are not allowed

16      to receive rebates.

17             They don't want that to happen because the

18      rebate is just an advance of the admission price.

19             There are, literally, hundreds of millions of

20      dollars due to New York consumers for New York

21      events, because the primary sellers jacked up the

22      service charge to give these illegal rebates to the

23      venue.

24             New York Attorney General knows about it,

25      they know it's there.  They don't want to act on it,







                                                             115
 1      I don't know why.

 2             But, again, that is probably the biggest

 3      issue that we have.

 4             My time is up.

 5             So thank you for allowing me to speak.

 6             SENATOR SKOUFIS:  Thank you very much.

 7             We'll now hear from Vivid Seats, Mr. Fitts.

 8             RYAN J. FITTS:  Thank you.

 9             Chair Skoufis, Chair Kaplan, and

10      distinguished Senators, my name is Ryan Fitts.  I'm

11      the vice president of legal affairs for Vivid Seats.

12             Thank you for the opportunity to testify

13      today.

14             Vivid Seats is an online ticket marketplace.

15             We have sent millions of fans to live events

16      since our founding 20 years ago, and we're now the

17      official ticketing partner at ESPN.

18             We've been successful because we put fans

19      first.

20             For the last two years, including during the

21      pandemic, we have been named to "Newsweek's" list of

22      America's Best Company's for Customer Service,

23      ranking number one in ticketing.

24             A lot has changed in the last year; our

25      commitment to our customers has not.







                                                             116
 1             We continue to be recognized as the industry

 2      leader in customer service, as one of the few, and

 3      perhaps the only, resale marketplace to always

 4      provide customers with cash-refund option when

 5      events were canceled.

 6             When we give customers 100 percent buyer

 7      guarantee, we meant it.  We went further, still,

 8      offering customers a choice to receive a 110 percent

 9      credit so they can get more bang for their buck when

10      events resume.

11             In those cases, we also made a 10 percent

12      contribution to Music Cares, which provides a safety

13      net for artists in times of need.

14             And there's no doubt the last year has been a

15      time of need.  COVID-19 was devastating for our

16      industry.

17             I remember last spring when event

18      cancellations starting popping up in the headlines.

19             Spring training shut down, and the

20      NCAA Tournament was canceled.

21             The ticketing industry was one of the first

22      to feel the economic effects of the pandemic, and

23      will be among the last to recover.

24             But there is light at the end of the tunnel,

25      and we're looking forward to getting back to what we







                                                             117
 1      do best: sending fans to events.

 2             We're 100 percent committed to doing it

 3      safely.  We're dedicated to complying with and

 4      supporting public health requirements before,

 5      during, and after events.

 6             As a technology company, we are well

 7      positioned to communicate entry requirements, like

 8      negative tests.

 9             Our inventory is strictly managed so we can

10      maintain [indiscernible] integrity.

11             We stand ready to assist with contact tracing

12      because we know our customers.

13             In recent months, as events have reopened, we

14      have had no public health issues.

15             So that's what we're doing.

16             I know these committees are asking what the

17      legislature should be doing in this industry, and

18      I think the answer is clear:

19             Extend the existing law for an additional

20      two years, and perhaps, in the case of holdbacks,

21      expand it.

22             New York's law is among the most

23      comprehensive in the nation, focusing appropriately

24      on transferability; the notion that the ticket is

25      the fan's property to sell or give away if she







                                                             118
 1      wants.

 2             This is the cornerstone of competition in

 3      this industry, and without it, just one entity, the

 4      corporation that controls the box office, would have

 5      control over the entire ticket-distribution market.

 6             I think we need more competition in our

 7      industry, and not less.

 8             Vivid Seats is committed to working with

 9      these committees to foster innovation, promote

10      competition, and protect New York's fans.

11             Thank you for your time today, and I'd be

12      happy to answer any questions.

13             SENATOR SKOUFIS:  Thank you very much.

14             And finally we'll hear from Jason Berger,

15      Coalition for Ticket Fairness.

16             JASON BERGER:  Good afternoon, Senators,

17      committee staff, and industry stakeholders.

18             My name is Jason Berger.  I am representing

19      the Coalition for Ticket Fairness, known as "CTF,"

20      which is a New York-based association of New York

21      industry professionals, licensed ticket brokers, and

22      fans dedicated to transparency in the primary and

23      secondary market for entertainment tickets.

24             I have spent the last 30 years in the

25      ticketing industry.







                                                             119
 1             I've worked at Ticketmaster.  I founded

 2      Allshows.com.  And I've been an advisor to many

 3      ticketing companies.

 4             I have served as a president and board member

 5      to industry associations, such as the National

 6      Association of Ticket Brokers, and the

 7      New York State Ticket Brokers Association, as well

 8      as others.

 9             It is an honor to be invited to participate

10      today, as the CTF has an invested interest in the

11      longevity of the live-entertainment industry.

12             So, thank you.

13             The world of entertainment provides a gateway

14      for New York tourism and other ancillary businesses

15      that rely on an industry to operate efficiently.

16             Broadway, sports, and arenas, and all other

17      live entertainment, have been completely shut down

18      by COVID-19, and, mostly, still remain either closed

19      or partially reopened.

20             At the onset of the pandemic, many large

21      ticketing companies were under fire for slow refunds

22      and lack of customer service.

23             This was generally not the case for

24      independent small ticket resellers who base their

25      business on stellar customer service.







                                                             120
 1             The CTF has learned of many stories of small

 2      business taking loans to repay canceled shows that

 3      weren't available to them for months.

 4             This separated smaller independent ticket

 5      resellers from the box office and promoters who

 6      represented artists directly.

 7             It is because of this customer service that

 8      the resale business in New York receives an

 9      extremely low amount of complaints year after year,

10      as documented by the New York State Department of

11      Consumer Affairs.

12             The CTF is proud to show our continued

13      support for Article 25 of the Arts and Cultural

14      Affairs Law.  We believe this law provides fans

15      consumer protection, as well as a free and open

16      marketplace.

17             Over 45 percent of tickets on the secondary

18      resale market are sold for less than box office

19      price.

20             This is what happens when a free and open

21      marketplace, rather than a market that is

22      artificially set by one company, team, or artist.

23             Simply put, the free market for tickets

24      continues to work for consumers in New York.

25             We ask that the pillar of the New York law,







                                                             121
 1      ticket transferability, be observed, maintained, and

 2      enforced.

 3             Consumers want the right to choose where they

 4      buy, sell, and transfer their tickets.

 5             Further, we ask that operators make a

 6      good-faith effort to read Article 25, and recognize,

 7      it was never the intent of the law to allow an

 8      operator to take away season tickets based on the

 9      subscriber reselling them.

10             In fact, we argue that Article 25 intends to

11      stop that kind of activity.

12             This is a free market, and tickets are

13      expected to sell by a very -- in a very active

14      secondary market.

15             Many fans of teams have invested years of

16      capital in purchasing season tickets and the

17      licenses that go with them, just to be told by the

18      team that their tickets are being taken away, and

19      the only basis for taking them away is that they've

20      been resold in the secondary market.

21             This kind of activity places a chilling

22      effect on the market, and, therefore, is bad for

23      consumers.

24             In conclusion:

25             After a year of such incredible upheaval,







                                                             122
 1      COVID-19 affecting everyone, especially our

 2      industry, the CTF believes it is unwise to make any

 3      changes to the existing law.

 4             It is best to allow the best law in the

 5      nation to be replicated in other states, and simply

 6      needs to be followed and enforced.

 7             Consequently, we support the passage in both

 8      houses of a multi-year extender of Article 25.

 9             Thank you again for your time, and I'm happy

10      to answer any questions you might have.

11             SENATOR SKOUFIS:  Thanks very much,

12      Mr. Berger, and to all the panelists.

13             I'll start.

14             The current statute requires that brokers be

15      licensed with New York State.

16             It's my understanding, through testimony --

17      written testimony from the Yankees, and others,

18      that, you know, there is an understanding that there

19      is a significant amount of broker activity that

20      happens without a license, and is thus illegal.

21             I guess, Mr. Berger, can you first answer

22      whether you can share with these committees in

23      con -- with a high level of confidence, that all of

24      your members are licensed?

25             And a question to the other panelists:







                                                             123
 1             How do you all monitor on your platforms

 2      whether brokers reselling tickets on StubHub, and

 3      elsewhere, do have their proper licenses with

 4      New York State?

 5             JASON BERGER:  Thank you, Senator Skoufis.

 6             I can just answer the first part.

 7             In terms of our members, we actually don't

 8      have members.

 9             The Coalition for Ticket Fairness is not a

10      membership-based organization.

11             SENATOR SKOUFIS:  My apologies.

12             JASON BERGER:  So -- well, no problem.

13             SENATOR SKOUFIS:  You understand what I mean,

14      though?

15             JASON BERGER:  Yeah, absolutely.

16             So we don't -- I mean, there are lots of

17      companies in New York, and any of them can support

18      us.  Any individual fans, yeah, anyone, can support

19      the Coalition for Ticket Fairness.

20             So if you're asking me what would I feel in

21      terms of the number of people who are licensed

22      versus the number that would not be licensed,

23      I think there's a lot that goes into that.

24             I would like to personally see more people

25      licensed in the state, and I think that there is a







                                                             124
 1      few reasons why that is not the case.

 2             The New York State licensing fee for ticket

 3      resellers is $5,000.  It's higher than any other

 4      license in the state.

 5             We actually have been told that medical

 6      licenses in the state are less.

 7             So in order -- that -- that barrier of entry

 8      for someone, and I use the analogy of

 9      cryptocurrency, if you ask someone who sells -- buys

10      and sells cryptocurrency, a lot of people that you

11      know might say, yes, I do it.

12             But, at what point does the person say that

13      they're a professional cryptocurrency trader?

14             At what point is a season ticket holder a

15      professional seller?

16             It's hard to make that distinction.

17             However, we would like to make that barrier

18      to entry lower, so that if the licensing fee was

19      lowered from $5,000, we believe there would be a lot

20      of individual sellers and fans, who sold tickets on

21      a regular basis, who would say it would be worth

22      their time and investment.

23             So I think that that is one of the biggest

24      barriers right now in the state to enter the market

25      and become licensed.







                                                             125
 1             And I do share your concern that there are

 2      not enough people licensed in the state.

 3             I think that's one of them.

 4             And I also think that, also, the licensing

 5      has a very antiquated reporting, where -- whereby

 6      you actually have to report your sales in two

 7      different times, January to June, and July through

 8      December.

 9             The filing, so let's say July through

10      December, it's due on December 31st, and it has to

11      include your sales that you make on December 31st.

12             So your report is actually due during the

13      time that you have to file it.

14             So there are some things that I would love to

15      work with your office and the committee members, to

16      discuss ways that we can improve that licensing

17      reporting to make it easier for small business.

18             Most of the people in our -- that we are

19      aware of in the state are small businesses, and it's

20      very hard to comply with a regulation like that.

21             SENATOR SKOUFIS:  I appreciate that.

22             Before we hear from the others, I would just

23      note that the law does not distinguish, you know,

24      whether -- you know, if you're a professional or

25      sort of do this as a hobby, whether you need a







                                                             126
 1      license.

 2             It's pretty clear, as far as I can tell, as

 3      to who needs to be licensed as a broker in

 4      New York State, right down to, you know, qualifiers,

 5      such as, if you own and operate an office or an

 6      agency or a branch, you know, you must be licensed

 7      in New York State.

 8             If you participate in auctions, you have to

 9      be licensed in New York State.

10             So, you know, it's not a matter of -- so

11      perhaps, you know, there are barriers, but they're

12      not optional.

13             If you conduct this activity in

14      New York State, whether you like the barriers or

15      not, whether the barriers are high or low, you need

16      to be licensed.

17             And so I do believe the statute is pretty

18      clear, and it doesn't offer really very much of a

19      gray area in terms of, oh, do I need to be licensed

20      in my profession or not?

21             But if we can hear from the other three as to

22      what you all do to ensure on your platforms that

23      brokers who participate are indeed licensed in

24      New York.

25             RYAN J. FITTS:  I can start.







                                                             127
 1             I mean, we do require professional sellers in

 2      New York to disclose a New York license number to

 3      us, so we can track that.

 4             We also display it on the site.

 5             SENATOR SKOUFIS:  But do you have a means of

 6      identifying folks who should be licensed, but are

 7      not?

 8             RYAN J. FITTS:  I mean, we definitely know

 9      who our sellers are.  And so we -- if somebody's

10      offering a ticket professionally on the site, then

11      we do require a New York license.

12             SENATOR SKOUFIS:  Otherwise, they cannot move

13      forward with that sale?

14             RYAN J. FITTS:  Yeah, I mean, you can't -- if

15      we're -- if we don't know you, you can't sell

16      tickets on our website.  We carefully vet ourselves.

17             SENATOR SKOUFIS:  Okay.

18             Ms. Dooley?

19             LAURA DOOLEY:  Sure.

20             I think similar to Ryan, we, similarly, when

21      the law was enhanced in 2018, notified our sellers

22      of this requirement, that their license should now

23      be published on our website as well.  And worked

24      with them to collect that information and to publish

25      it.







                                                             128
 1             I don't -- I think it might be a stretch too

 2      far to say that we proactively police the sellers on

 3      our site.  We are a marketplace.  But our user

 4      agreement does require that they follow all laws of

 5      the states in which they're selling.

 6             So to the extent that we're made aware that a

 7      broker isn't licensed in New York, we would take

 8      issue with that.  It would be a violation of our

 9      policies, and certainly could result in the removal

10      from our site -- or, suspension from our site until

11      those situations were corrected.

12             SENATOR SKOUFIS:  So have you identified

13      yourselves any brokers that are not licensed, or is

14      it really just a matter of you're just notifying

15      everyone, you need to be licensed?

16             LAURA DOOLEY:  The latter.

17             To my knowledge, I'm not aware of any, like,

18      preemptive, like, situations where we policed that

19      on our own.

20             SENATOR SKOUFIS:  Okay.

21             Mr. Vacarro?

22             DONALD VACARRO:  If I'm correct, every

23      broker, everyone who sells a New York event ticket

24      on our system, is licensed.

25             I'll check it out and verify it.







                                                             129
 1             We also display that license number, as

 2      required by the law.

 3             SENATOR SKOUFIS:  Okay.

 4             Senator Kaplan, do you have any questions?

 5             SENATOR KAPLAN:  I do.  Thank you.

 6             SENATOR SKOUFIS:  Okay.

 7             SENATOR KAPLAN:  First of all, let me thank

 8      the panel for joining us today and for their

 9      testimony.

10             My first question is for

11      Mr. Donald Vacarro.

12             I recently read an article titled "How Is

13      This Legal," written by Byard Duncan.

14             I'm sure you're quite familiar with it, you

15      are quoted in the article.

16             You're actually quoted, stating that,

17      "Speculative market is a great thing, and it's very

18      pro consumer."

19             This article also says that your company

20      refunds those of your customers who don't receive

21      tickets, and that you propose to the attorney

22      general that anyone who did not get a ticket be paid

23      a 200 percent refund.

24             Do you stand by these words?

25             And what steps does your company take to







                                                             130
 1      ensure consumers are made aware that they are not

 2      actually guaranteed to receive a ticket?

 3             DONALD VACARRO:  Got it.

 4             So I'll go through the 200 percent refund

 5      first.

 6             In the meeting with, I believe it was

 7      Senator Squadron, who used to be a senator in

 8      New York, we -- a group of folks in primary and

 9      secondary gathered in the room, and we talked about

10      refunds.

11             And I believe, if I'm correct, all the

12      secondary marketplaces agreed that if consumers

13      somehow don't get the ticket they're guaranteed or a

14      better seat, that the consumers would get a

15      200 percent refund.

16             But, I also believe at the same time, the

17      primary ticketer said, no, we can't do that.

18             So that's what happened with the 200 percent

19      legislation.

20             As far as the disclosure on our website,

21      again, we put up all of the disclosures on the

22      website, as required.  And we enforce it a little

23      bit more stringently, not only in New York, but in

24      other states, about it.

25             And as far as speculative tickets -- and it







                                                             131
 1      depends on, everybody has a different definition of

 2      "speculative tickets" -- but, anyway, anytime --

 3      there's two things about it:

 4             Anytime you add supply to the marketplace,

 5      the equilibrium price goes down.

 6             So you combine selling tickets before you

 7      have them in hand, and consumer prices go down.

 8             And the reason why they do is because of what

 9      Senator Skoufis was bringing up, these massive,

10      massive, massive holdbacks of tickets create a

11      scarcity effect, which allows primary ticketers to

12      artificially raise the price that consumers pay.

13             That's why there's holdbacks in the system.

14             And if you ask them, and you find out, and if

15      you speak to someone a little bit more neutral,

16      you'll find out exactly what you said,

17      Senator Kaplan:  When they add those holdbacks in,

18      and there's a scarcity, they raise the price.

19             SENATOR KAPLAN:  Thank you.

20             DONALD VACARRO:  Thank you.

21             SENATOR KAPLAN:  You also mentioned in your

22      written testimony about the congressional hearing in

23      2020, addressing the ticketing industry, and a bill

24      by Congressman Pascrell, I believe.

25             Can you expand upon your comments a bit, and







                                                             132
 1      explain what issues Congress was looking to address

 2      the industry, and whether New York already made

 3      those changes to address --

 4             DONALD VACARRO:  Okay.

 5             SENATOR KAPLAN:  -- [simultaneous speakers;

 6      indiscernible] the 2018 amendments?

 7             DONALD VACARRO:  Thank you, Senator.

 8             So their -- Congress, their biggest -- they

 9      have two big issues in Congress.

10             One is, ticket transferability -- okay? --

11      because without ticket transferability, consumers

12      don't have a right to a product.

13             And there's some arcane notion that tickets

14      are universally licensed.

15             They're not.

16             In Connecticut, tickets are, statutorily,

17      property, and you can resell it.

18             And now the problem with transferability

19      is --

20             And I'm going to share with you some pretty

21      nasty stories, but, we'll have to go through it.

22             -- so sometimes with ticket transferability,

23      people try to stratify society.

24             There was a professional baseball team in

25      New York, who had some fans sitting right by the







                                                             133
 1      field.  And the team said, Those fans don't look

 2      like they belong there.

 3             Because they were low-income people who

 4      bought a very expensive ticket at a low price in the

 5      secondary market, much lower, and they sat down by

 6      the field.

 7             And I don't know if you saw John Oliver at

 8      night.  He made jokes of it and fun of it.

 9             Two professional owners, two owners of

10      professional basketball teams, both said they don't

11      want people of a certain color in their venue.

12             Both owners had to divest from the teams.

13             So there's a lot of problems with tickets not

14      being transferable.

15             Congress knows that that's one issue.

16             The second issue is data.

17             Let's say, most venues are either -- a lot of

18      venues are 501(c)(3) which have government

19      protections, or state venues.

20             Can you believe, you're going to a state

21      venue that you paid for as a taxpayer.  And in order

22      to buy a ticket, you have to share this incredible

23      amount of data with the primary ticketer, who then

24      sells it.  Your personal phone number, your IP

25      address; everything they can possibly do to track







                                                             134
 1      you, put things on your website, or on your browser,

 2      to track you, and then they sell that data.

 3             It's different if a private customer does

 4      it -- or, a private company.

 5             But the best thing I could ever say is, if

 6      you saw Dick Durbin question Mark Zuckerberg, and

 7      say, Mark Zuckerberg, do you want to tell me the

 8      hotel you stayed at last night?

 9             And he said, No.  I don't want to give you my

10      personal information.

11             So if you ask that same question to anyone in

12      the primary market, or stuff like that, "Would you

13      mind if we sold all your personal information?"

14      I think if they were being candid with you, they

15      would admit that they have a big problem with it.

16             SENATOR KAPLAN:  Okay.  Thank you.

17             DONALD VACARRO:  Thank you.

18             SENATOR SKOUFIS:  Are you finished,

19      Senator Kaplan?

20             SENATOR KAPLAN:  Yes.

21             SENATOR SKOUFIS:  Yeah, okay.  Thank you.

22             I'll ask a few more questions, then.

23             Those of you who are brokers, or you engage

24      with brokers, can you tell me, say, you know, the

25      really hot tickets; the hot concerts, and sporting







                                                             135
 1      events, playoffs, et cetera, what's the largest

 2      number of tickets that you've seen a broker buy up

 3      with intention to resell?

 4             JASON BERGER:  I mean, I don't -- I would --

 5      I can answer --

 6             SENATOR SKOUFIS:  Ballpark.  Obviously, I'm

 7      not looking for an exact number here.

 8             JASON BERGER:  -- yeah, I mean I don't really

 9      know how we would even be able to quantify that,

10      because we don't really have numbers like that.

11             I don't know.  I really wouldn't have no

12      idea.

13             I would say, with an open transparent

14      marketplace, though, I mean, I don't think it's very

15      high.

16             I think there's a lot of companies

17      participating and competing, but I don't think that

18      number is very high.

19             But I don't have data like that, so

20      I couldn't really -- I wish I could help you.

21             SENATOR SKOUFIS:  Certainly, you know, 100

22      right? -- I'm sure that's happened.

23             Has any broker ever bought 1,000 tickets to a

24      single event?

25             DONALD VACARRO:  Senator Skoufis, if I may,







                                                             136
 1      I think what's important here is to distinguish that

 2      there are many event producers -- okay? -- and many

 3      sports teams in the leagues, that sell directly,

 4      thousands of tickets to brokers, or arbitragers, to

 5      reduce the risk on their event, if they are not

 6      contractually tied into the primary ticketer that

 7      they have to sell them there.

 8             And that's another issue too, as well, that

 9      there's only a certain segment of the population, or

10      of the --

11             SENATOR SKOUFIS:  If I could interrupt,

12      though.

13             But, certainly, there's no risk for, let's

14      say, a World Series game.  You know you're going to

15      sell out.

16             DONALD VACARRO:  I think there's a huge risk

17      to the World Series game, because what -- just to

18      share with you, sometimes when you have to buy that

19      World Series tickets, you might have to prepay, as a

20      broker, the full next season and you might have to

21      buy more expensive seats the next season to do it.

22             Also, in order to buy the World Series game,

23      you might have to buy all the playoff games before

24      it.  And just, sometimes, people just don't want to

25      go to the playoff games.







                                                             137
 1             You know, they get -- when the Yankees are

 2      constantly winning, they don't want to go that much.

 3             So there is a tremendous amount of risk with

 4      something like that.

 5             But anytime that there's --

 6             SENATOR SKOUFIS:  Risk for the broker; not

 7      for the promoter or the venue.  Right?

 8             I mean, when you're talking about risk,

 9      you're talking about for the broker?

10             DONALD VACARRO:  Absolutely.  The broker

11      takes --

12             SENATOR SKOUFIS:  Yeah, just to be clear.

13      Okay.

14             DONALD VACARRO:  -- a huge capital risk.

15      Right.

16             And, again, there's a lot of teams, leagues,

17      and promoters who want the brokers to take that

18      capital risk, because, you know what?  That means

19      less advertising that they do.  Less things that can

20      go wrong.

21             Because I know what you're saying about the

22      World Series.  And years ago it was really true,

23      when the World Series tickets were cheap.

24             But now as that price goes up, if they're

25      forecasting rain -- you know what I mean? -- it







                                                             138
 1      might not be as good anymore, and that price might

 2      dive down.

 3             SENATOR SKOUFIS:  And so what you're

 4      describing -- what you're describing, where the

 5      team, or the promoter, the venue, they actively seek

 6      out sales with brokers.

 7             Give me a sense of how normal that is.

 8             So, let's take MLB.

 9             Does that happen with regular season games?

10             DONALD VACARRO:  With all the major -- with

11      the four major leagues, almost -- all major leagues

12      have teams.  All teams in the four major leagues

13      have a deal with what they call "brokers" or

14      "consolidators" to buy tickets, and then resell

15      them.

16             And we're talking, at that number, probably

17      with the four major leagues, league-wide, is well

18      over half a billion, maybe close to a billion

19      dollars, that's invested before those leagues go on

20      sale -- before those go on sale.

21             SENATOR SKOUFIS:  And what percentage of

22      tickets are we talking about, on average, if that

23      happens?

24             DONALD VACARRO:  I would probably think that

25      that's -- let's see.







                                                             139
 1             Maybe 10 percent of the tickets.

 2             SENATOR SKOUFIS:  Do the rest of you agree

 3      with that, that 10 percent?

 4             JASON BERGER:  I wouldn't have a way to know.

 5             But I would like to add on something to

 6      the -- what Don had mentioned, that, you know,

 7      earlier we heard Ticketmaster talk about the

 8      platinum sales, and how they hold tickets back, or

 9      they sell them at various prices.

10             We're all independent and we all compete with

11      each other, and we all have multiple platforms that

12      we market our tickets from, whereas Ticketmaster

13      only sells exclusively.

14             So a performer, a team, or an artist would

15      have a great benefit to selling their tickets

16      through our exchanges as well.  It gives it more

17      visibilty.

18             We, potentially, could have lower fees.  We

19      have -- you know, we all compete with each other.

20             So I think that there's also -- there's a big

21      benefit.  And that's why we're seeing a lot more of

22      these deals that Don Vacarro just mentioned, about

23      teams and performers going out to consolidators and

24      people in the secondary market, because it gives

25      them an alternate, rather than dealing exclusively







                                                             140
 1      with Ticketmaster and exclusively with their terms.

 2             SENATOR SKOUFIS:  Got it.

 3             Changing gears a little bit, and I'll

 4      continue, since I don't see any of my colleagues'

 5      hands raised in the Zoom.

 6             Do any of you engage in reselling -- I don't

 7      even know if that's the right word, given the

 8      circumstance -- but I'll say, reselling tickets that

 9      were free on -- on point of sale?

10             LAURA DOOLEY:  Senator, I can jump in here.

11             StubHub has a policy, that we don't list

12      tickets for events -- tickets to free events.

13             So the example provided earlier about the

14      Pope's visit to New York, that's an event that just

15      wouldn't even be created on the StubHub platform.

16             And we hold that as the consistent policy

17      across any type of free events along those lines.

18             SENATOR SKOUFIS:  So you -- is it -- is it

19      fair to say StubHub's position on making that

20      practice illegal, it would favorable, or fine with

21      that?

22             LAURA DOOLEY:  Yeah, certainly for free

23      events.

24             SENATOR SKOUFIS:  Yeah.

25             LAURA DOOLEY:  I think the nuance of







                                                             141
 1      charitable events becomes a little bit more

 2      difficult.

 3             I'm certainly not opposed to regulating the

 4      sale of charitable tickets; however, not every

 5      charitable event is created equally.

 6             You know, is it 1 percent of the proceeds?

 7      Is it 100 percent of the proceeds?

 8             We have policies in place to ensure that,

 9      when we're at -- you know, the majority of proceeds

10      going to a charity, or -- we will not allow tickets

11      to be sold for that event, unless we are in

12      partnership with the charity, or we commit to

13      providing our own proceeds to the charity as well.

14             And I think just working through those

15      nuances for charitable events would be important.

16             But certainly, for free events, it feels very

17      simple, from our perspective.

18             SENATOR SKOUFIS:  The rest of you?

19             RYAN J. FITTS:  Yeah, I think I agree that

20      we're, philosophically, open to the idea that free

21      events shouldn't be resold.

22             I think that there might be the slight

23      danger, is what if it's a free ticket with a

24      $50 T-shirt, or there's some kind of way to game

25      that by somebody.







                                                             142
 1             But if we have, you know, clear guidelines as

 2      to what is "free" and what is permissible,

 3      philosophically, we would agree with that.

 4             SENATOR SKOUFIS:  So do you prohibit selling

 5      free tickets on your [simultaneous speakers;

 6      indiscernible] --

 7             RYAN J. FITTS:  We do.

 8             I mean, the event that sticks out in my mind,

 9      is I remember that tragedy [inaudible remote audio]

10      worked for at the Ariana Grande concert in London,

11      and they did a huge benefit for that.  And we

12      weren't reselling that.

13             SENATOR SKOUFIS:  Okay.

14             DONALD VACARRO:  So I take a slightly

15      different take on this.

16             I would say this:  Anytime there is an event,

17      where it's for some certain purpose, that it's free

18      for an ethical reason, yes.

19             I don't know of any free tickets that we ever

20      resell.  And I haven't checked it, anything that.

21             But I know that sometimes we get

22      complimentary tickets that we resell.

23             I wouldn't want to get that bundled in.

24             Sometime there's tickets in other states that

25      don't have a price on it.







                                                             143
 1             As far as charitable events, I take great

 2      exception to not being able to resell them, and I'm

 3      going to share with you why.

 4             In Connecticut we have, every year, an annual

 5      hundred -- the NAACP does a show, the 100 People of

 6      Color, every year, and it's at the NAACP convention.

 7             So two years ago they called me up.  They

 8      said, Look, we're doing a show.  We want you to

 9      buy -- we want you to pay for the artists, put up

10      the money.  We'll give you the tickets, you sell

11      them, because we want the show to happen.

12             So there's a lot of smaller charities that

13      people really don't give that much to, whether it's

14      the National Action Network, the NAACP, which I'm

15      big supporters of both.

16             I actually did the show for them and paid for

17      them.

18             But, again, they needed my distribution to

19      sell those charitable tickets out there.

20             So as far as the charitable ones, I have a

21      big problem with trying to do -- make that illegal,

22      because I think, in a lots of ways, you're

23      disenfranchising charities who don't -- who don't

24      have the marketing wherewithal, and they don't have

25      the high-value donors.







                                                             144
 1             SENATOR SKOUFIS:  Mr. Berger?

 2             And then I'll go to Senator Kaplan.  I see

 3      her hand raised.

 4             JASON BERGER:  Yeah, I would agree with what

 5      Don had mentioned.

 6             I've worked with nonprofits, we currently

 7      work with nonprofits, and we help them in terms of

 8      fundraising and marketing to our clientele.

 9             So I think that the idea of working with

10      nonprofits.

11             Free tickets, you know, there's -- we talked

12      about the -- the Pope event.  We didn't sell tickets

13      for that.  We didn't sell tickets for these

14      high-profile free events.

15             SENATOR SKOUFIS:  Is "Shakespeare in the

16      Park" -- "Shakespeare in the Park" is another event

17      in New York City, free tickets that are very

18      commonly resold?

19             JASON BERGER:  Yeah, I don't remember selling

20      tickets for "Shakespeare in the Park."  So I -- so

21      that's something that it's -- if we did sell it,

22      I can't tell you off the top of my head.

23             I don't think we did.

24             So I can tell you this, though:  There are a

25      lot of people, when the market works well, and it's







                                                             145
 1      regulated, it protects the buyers and the sellers.

 2             If you're looking at "Shakespeare in the

 3      Park," and people who do buy and sell those tickets,

 4      and they go to Craigslist and eBay, those are the

 5      kind of complaints that we see in the department of

 6      consumer affairs consistently.

 7             I'm not saying that that should be allowed.

 8             Probably shouldn't be, and it should be

 9      regulated.

10             But the idea, though, is that when there's a

11      free and open marketplace, and people are protected

12      and the players are regulated, I think it helps

13      consumers.

14             So the more -- the more cutouts that you put

15      on that, I think it creates barriers for customers

16      to get tickets at a fair -- at a fair point through

17      an online marketplace.

18             SENATOR SKOUFIS:  Okay.  Thank you.

19             Senator Kaplan?

20             SENATOR KAPLAN:  [Inaudible remote audio]

21      2018 law put additional limitations on the sale of

22      the speculative ticketing; however, it appears that

23      some of those limitations may not be strong enough

24      to alert the consumers to the fact that they're

25      buying speculative tickets.







                                                             146
 1             Can any of you speak a little bit about your

 2      thoughts on whether these limitations on speculative

 3      ticketing are sufficient in transparency to protect

 4      the consumer?

 5             RYAN J. FITTS:  I can begin.

 6             I mean, I think we definitely agree with the

 7      principle that people should understand what they're

 8      buying, there should be clear disclosure; and people

 9      should get what they pay for, there should be

10      fulfillment.

11             And in 2018, you know, there was a law passed

12      in New York that really solidified that.

13             We supported that law at the time; we support

14      it now.

15             And, you know, we think we should let it play

16      out and see how things go.  We really haven't had

17      events for the last 14 months.

18             But, we think that's a good law; we think the

19      law should be enforced.

20             SENATOR SKOUFIS:  Do you all at all

21      communicate?

22             I know you're competitors, but do you

23      communicate with each other in identifying these

24      incidences, or do you just work alone on this?

25             LAURA DOOLEY:  I think there are instances,







                                                             147
 1      Senator, where we have received e-mails from the

 2      primary market, suggesting that -- or regulators,

 3      suggesting that some of the listings on our site are

 4      speculative.

 5             When we receive those, we just take a

 6      standard practice of investigating, you know,

 7      exactly what's going on; contacting the seller,

 8      trying to understand if they appropriately sourced

 9      that inventory.

10             And if we find that they have not, then that

11      inventory comes down from our site.

12             So it is a collaborative process, but the

13      collaboration I think happens more between ourselves

14      and the primary, as opposed to ourselves and other

15      secondary platforms.

16             I also think it's fair to say, like, the

17      two or three instances I can think of in my time at

18      StubHub where we have received an e-mail like that,

19      it has been for major events, like major headline

20      concert tours going through.

21             I think Mr. -- Mr. -- David talked to us

22      earlier about them not being able to maybe police it

23      as much as they would like, and we can appreciate

24      that perspective.

25             But, certainly, when those inquiries come in







                                                             148
 1      we take them seriously.

 2             SENATOR KAPLAN:  Thank you.

 3             SENATOR SKOUFIS:  Thank you, Senator Kaplan.

 4             I want to turn to fees.

 5             In the document requests that most of you

 6      returned to our committee last year, you spoke at

 7      length about the service charges that your platforms

 8      employ.

 9             And you're just as -- just as sort to test,

10      I have used StubHub before, just as a refresher,

11      I went on this morning and looked -- looked up --

12      queued up a ticket for a Mets game this weekend.

13             And in the document request on StubHub --

14      from StubHub, you had noted last year that your fees

15      range from 20 to 30 percent.

16             And, sure enough, the fees -- the accumulated

17      fees here amounted to 27 percent on the tickets

18      I was looking at.

19             So a couple of things.

20             First, it's not one fee.

21             I'm looking at a service fee.  I'm looking at

22      a fulfillment fee.

23             And I know for other platforms that is

24      common, where there is not just one fee, there are

25      multiple fees, assessed on tickets.







                                                             149
 1             Can you explain to me what the difference is

 2      between the service fee and the fulfillment fee; how

 3      you come up with those charges?

 4             And I guess, you know, we heard from a

 5      previous witness that they do not believe that --

 6      the "reasonableness" clause of Article 25 in the

 7      state's ticketing laws, they do not believe it

 8      applies to secondary markets.

 9             I think there's a gray area, at best.

10             The statute refers the "licensees."  It does

11      not refer specifically to primary marketplaces only.

12             And so I guess my question also extends:  Do

13      you believe that you all are subject, in the

14      secondary marketplace, to the "reasonableness"

15      clause that governs these service fees?

16             And if so, how you determine

17      "reasonableness."

18             I know there are a lot of questions there,

19      but perhaps, Ms. Dooley, if you want to start?

20             LAURA DOOLEY:  Absolutely.

21             So, fundamentally, the difference between our

22      service fee and our fulfillment fee is -- is how

23      they're determined.

24             Our service fee is dynamic.  It is -- it

25      evolves.







                                                             150
 1             And that's a pretty standard industry

 2      practice, which is why, you know, we provided a

 3      range, not a specific number.

 4             That dynamicness of that fee is always a

 5      percentage of the ticket price, but may fluctuate,

 6      based on the type of event, the genre, or various

 7      other factors.

 8             The fulfillment fee is static.

 9             And so that's a fee that will -- that is

10      determined, based on the type of ticket you're

11      buying.

12             So if you're buying a mobile transfer ticket,

13      or mobile ticket, it's always $2.50.

14             If you're buying a hard-stock ticket, that

15      requires, you know, essentially, the seller to mail

16      it to the buyer, that is always a flat fee of,

17      I believe it's $5.25, regardless of how much it

18      actually costs to make that shipment.

19             And so those are the differences between the

20      two fees, essentially.

21             I think, from our perspective, you know,

22      I have not -- I -- I certainly do not have a fully

23      informed opinion, and it's something we can

24      certainly ask our legal counsel, about whether or

25      not we're subject to that "reasonableness"







                                                             151
 1      requirement.

 2             But in establishing our fees, you know, we

 3      need to be reasonable in order to earn customers.

 4             And so, you know, if our fees weren't

 5      competitive, or if we were consistently higher in

 6      our fees than any of our competitors in the

 7      secondary market, we would lose sales; we truly

 8      believe that.

 9             And so, you know, we believe our fees are

10      competitive.

11             We believe that our fees are always

12      displayed, and very -- and made very much aware to

13      our customers before they purchase.

14             And it's our, you know, assessment that the

15      more competition we have in the secondary market,

16      the more important it becomes for those fees to stay

17      competitive, because that is what will drive the

18      user experience, that's what will drive customers.

19             So [simultaneous speakers] --

20             SENATOR SKOUFIS:  What does -- thank you for

21      that.

22             What does your fulfillment fee speak to?

23      Like, what is that cost related to at StubHub?

24             LAURA DOOLEY:  So for -- I mean, it's very

25      evident for the UPS costs.  Right?  And they could







                                                             152
 1      [simultaneous speakers; indiscernible] --

 2             SENATOR SKOUFIS:  For mail, that was evident.

 3             LAURA DOOLEY:  -- yeah, for UPS --

 4             SENATOR SKOUFIS:  I'm talking about the

 5      electronic.

 6             LAURA DOOLEY:  -- right.

 7             And just, for equitable distribution,

 8      creating a service for any other type of, you know,

 9      ticket delivery, it's -- again, it's static.

10             Sometimes it is like, you know, part of a

11      partnership deal that we may have, or something

12      along those lines.

13             But, again, it's -- it is, I think, all

14      intents and purposes, all fees go to the same

15      effort, which is the operation of our business, the

16      privilege of partnering with various marquee, like,

17      leagues, or teams, or whatnot.  And it just,

18      essentially, funds our ability to provide a safe and

19      secure platform for our customers.

20             SENATOR SKOUFIS:  Okay.

21             RYAN J. FITTS:  If I can piggyback on what

22      Laura was saying, I think we care about fees and

23      prices, we care about competition; we care about

24      competition, we care about transferability.

25             So transferability is vital in this market.







                                                             153
 1             It seems like whenever this bill comes up for

 2      extension, there are elements in the primary sale

 3      that try to push back on that notion.

 4             But that's actually a really key thing to

 5      keep prices lower.

 6             Speaking to our fees, I mean, our fees are

 7      used to support the services that we provide.

 8             So we have a full-time call center that

 9      operates to assist people, from 7 a.m. to midnight,

10      with any issues they might have.

11             We have a large antifraud team.  You know, we

12      carefully vet our sellers before we put them on the

13      site.

14             I think the real distinction is that, you

15      know, change between now, and maybe between the

16      1990s when I was just moving to Chicago, you know,

17      if I wanted to see the Cubs, I had to go find a guy

18      on the street corner.  He didn't have a guarantee,

19      you know, he didn't have selection.

20             But what we do is, we take that moment of

21      walking up to the gate, and we make sure people are

22      certain that they have what they need to get in.

23             We provide that assurance, we provide that

24      flexibility.

25             SENATOR SKOUFIS:  Okay.







                                                             154
 1             DONALD VACARRO:  As far as TicketNetwork's

 2      fees, 50 percent of our sites, that we have our

 3      branded sites, do not charge any service charges.

 4             100 percent of our sites allow consumers to

 5      see the total final cost of the ticket before they

 6      enter any personal identifiable information.

 7             That was something that the FTC director

 8      brought up, that she wanted to see all sites do.

 9             If I'm correct, I believe StubHub has that

10      toggle, I believe, to see the service fees on there.

11             And it gets consumers the transparency of not

12      having to wait till the end of the transaction to

13      see how much they're paying.

14             And, we lose sales from it.

15             But, you know what?  If a consumer is better

16      informed, you get a much better response from them,

17      and, hopefully, they'll repeat.

18             SENATOR SKOUFIS:  Okay.  Thank you for that.

19             Let me -- let me ask about markups on the

20      secondary marketplace.

21             And I guess, understanding and acknowledging

22      that many events obviously do not sell out; in fact,

23      many tickets that are resold are at or below face

24      value, or, you know, what the price was at point of

25      sale.







                                                             155
 1             So with that acknowledgment, I want to speak

 2      to the other events, the events that do sell out,

 3      the events that produce a very hot ticket.

 4             Do any of you -- I guess, let me start with

 5      this:

 6             Do you have sympathy for those fans who --

 7      working, middle class, lower income, who would love

 8      to see their favorite artist, would love to see, you

 9      know, the marquee pitching matchup of their favorite

10      team;

11             The game is sold out, oftentimes within, you

12      know, literally, a minute, or a couple of minutes in

13      some cases;

14             And then, you know, in a desperate attempt to

15      try and get their son a ticket for their birthday,

16      the only place is the secondary marketplace;

17             And for those hot events, they have to now

18      pay, and they cannot afford, a ticket that is triple

19      or quadruple or 10 times the face value when it went

20      public -- when the event went public?

21             Do you have sympathy for those, what I'll

22      call, "average" fans that don't come from wealth,

23      that they would probably argue are locked out of

24      these types of events?

25             LAURA DOOLEY:  You know, Senator, I think







                                                             156
 1      it's a challenging market, and, certainly, you know,

 2      we understand that not all consumers are able to

 3      participate in.

 4             You know, certainly, you know, there's

 5      empathy for that.

 6             I do believe, though, that what the secondary

 7      market provides is additional access that may not

 8      have been provided to them otherwise, regardless of

 9      their socioeconomic status.

10             You know, the ticket-selling process is

11      opaque.  You know, we've talked about that a lot

12      today, you know, regardless of whether it's possible

13      to highlight how many, like, the percentage, of

14      tickets that will be made available, and how many

15      won't.

16             You know, I think we can all agree it is

17      definitely possible to tell people how many tickets

18      are going on sale in any given moment, and how many

19      tickets will go on sale maybe next week, or the

20      following week, or the week after that.

21             And, unfortunately, like, what you end up

22      finding is this artificial notion that all of these

23      events are sold out, when, in reality, they're not.

24             We heard that today.  Right?  There's only a

25      few percentage of events that sell out.







                                                             157
 1             When there is ample supply, secondary markets

 2      provide an access point at a significantly reduced

 3      rate.  Right?

 4             Like, it's not uncommon to find baseball

 5      tickets for 8, 10 dollars on StubHub.

 6             That's a great benefit for fans.

 7             But on the flip side of that, with any

 8      market, there are those, like premier events, that

 9      will come at a heightened cost.

10             You know, StubHub isn't setting the price.

11             The price is being set by our sellers, and

12      they're pricing it to what the market can bear.

13             You know, if the market can't bear a high

14      number, those numbers will drop.

15             And I think, you know, the nature of our

16      business is that there is limited supply and there

17      is significant demand.

18             And I think the market forces create that

19      situation that you just described.

20             We're very aware of it.

21             And what we want to do, is make sure that if

22      a customer chooses to spend their hard-earned

23      dollars with StubHub, they are receiving a premier

24      experience, they have no regrets, and they'll come

25      back anytime that they want to kind of participate







                                                             158
 1      with us again.

 2             RYAN J. FITTS:  And, you know, I'm a dad, and

 3      I love taking my kids to games.  I'm an alumni -- a

 4      [indiscernible] alumni of [indiscernible]

 5      university.  I go a couple of times every year to

 6      the basketball game.

 7             And, you know, the one thing that resale

 8      does, resellers/resell marketplace, is we provide

 9      access.

10             So, you know, I mean, the New York Attorney

11      General reports that more than half of the tickets

12      aren't being offered to the public.

13             So, you know, we provide people with a way to

14      access.  Like, we don't hold anything back.  All of

15      our inventory is there, it's available, and we're an

16      equalizer.

17             JASON BERGER:  Senator Skoufis, if I could

18      just chime in.

19             I want to echo what Laura Dooley and

20      Ryan Fitts said, but also want to go back to

21      something that the Times Union Center, Bob Belber,

22      said earlier, which is, you know, it -- it is a

23      finite resource.  And it does become -- and I --

24      I do have empathy, first of all, first and foremost,

25      100 percent, I have empathy for, everyone wants to







                                                             159
 1      be in the front row for a Bruce Springsteen concert,

 2      or whatever their -- their -- their performer.

 3             SENATOR SKOUFIS:  I think there are plenty of

 4      people who would be content in the back row of a

 5      Bruce Springsteen concert, but the back row might be

 6      going for hundreds of dollars.

 7             And that's where that sort of comes from.

 8             JASON BERGER:  Yeah.

 9             I think there's two things that go into that.

10             The first thing is, and as Laura and Ryan

11      said, the fact that there is a transparent and safe

12      marketplace for them to purchase, and know that

13      they're actually getting what they buy, that's a

14      very big thing because, when the black market was in

15      effect, which is what the Times Union Center

16      referenced, which is true, before the law, before

17      there was a marketplace in New York, people would go

18      to the black market.

19             We would -- there was tons of complaints.

20      And people would be going to Craigslist, and

21      out-of-state companies, and it was -- it didn't work

22      well for consumers.

23             That's the first thing.

24             And the second thing is, also, in terms of

25      transparency, we -- I support, I think we all







                                                             160
 1      support, a better law, and a better way for fans to

 2      know what they're buying, and how they're getting

 3      their tickets.

 4             I actually, recently, when we were trying to

 5      get the COVID vaccine, you go online into New York

 6      State, and it tells you, there's 14 appointments

 7      available.  And you're trying to get that one

 8      appointment, and you say, Great.  Okay, I got my

 9      appoint.  There was 14 available.

10             But when I see a thing that says there's

11      one appointment available, I'm not going to spend

12      20 minutes trying to get that one appointment.

13             The reason I bring that up is that, that

14      actual methodology is used in other countries for

15      ticket -- for ticket sales.

16             So when tickets go on sale, it will say,

17      there's X number of tickets in this block, in the

18      Price Level 1; this number of tickets in Price

19      Level 2.

20             And that number starts diminishing as the

21      time goes on.

22             It goes on sale at 9:00.

23             By 9:05, there's nothing in Block 1.  There's

24      half the tickets in Block 2.

25             And you can start tempering your expectation,







                                                             161
 1      and say, You know what?  I'm not going to try this

 2      anymore.

 3             So the idea, I think, is that it would be

 4      better to have a better way for consumers to have a

 5      better expectation of what they're getting out of

 6      live entertainment, both in the primary and the

 7      secondary market.

 8             SENATOR SKOUFIS:  Okay.

 9             DONALD VACARRO:  Senator Skoufis, if you

10      wouldn't mind me just chiming in.

11             SENATOR SKOUFIS:  Sure.

12             DONALD VACARRO:  And I'll emphasis that we

13      all empathy for folks like that.

14             But there is one way to address your concern,

15      which a lot of folks have actually brought up; and

16      now that way would be, and you hit the nail on the

17      head before, with the holdbacks to credit card

18      companies.

19             There's some credit card companies who only

20      sell those tickets to the top echelon of the public.

21             And now we're talking, and it's astronomical,

22      about how -- how homogenous that crowd is.

23             And I'm sorry, I'm the White male, it's for

24      me, it is, it is what it is, that we get those

25      advantages because we have that money.







                                                             162
 1             And these are publicly-financed buildings.

 2             I mean, I saw some of the tax credits that,

 3      like, in New York, that was the Presidential

 4      Candidate Yang that was railing against them the

 5      other day.  That one thing, he was getting huge tax

 6      credits in New York, and not even making the tickets

 7      available to the public.

 8             So I think one way to do that is with the

 9      whole back thing.  But ...

10             SENATOR SKOUFIS:  Ticketmaster claimed that

11      it's only about 5 to 10 percent of tickets that are

12      held back.

13             You disagree?

14             DONALD VACARRO:  Okay.  See -- I absolutely

15      disagree.

16             And I'll share with you, too, to Mr. Hoover's

17      comment, from the Shubert -- The Shubert

18      Organization runs a much different thing -- okay? --

19      a much different program.

20             There's not that many real complaints about

21      theater in proportion to concerts.

22             So concerts are the big problem.  Okay?

23             They don't consider -- sometimes they do,

24      sometimes they don't, sales for these thousands of

25      tickets that they hold back for these credit card







                                                             163
 1      companies, they don't consider those holdbacks.

 2             Sometimes they don't consider the thousands

 3      of tickets that a venue has for its staff,

 4      holdbacks.

 5             So, yes, I absolutely disagree about the

 6      number of concert holdbacks, and it's a little bit

 7      different from my angle, because we are also a

 8      concert promoter too.

 9             I also have a small primary ticket operator,

10      a smaller -- small primary ticket software.

11             So I see from the other side what people do.

12             I see why promoters hold back.

13             Promoters hold back to create a scarcity, and

14      drive the ticket price up, to mislead consumers

15      about the amount of tickets available.

16             And, legislatively, in certain states,

17      legislatures have -- has taken action on -- on

18      products where either the manufacturer or the retail

19      outlet says they have a product available, but

20      didn't have a sufficient enough quantity to meet

21      demand.

22             There used to be those old newspaper flyers,

23      when we used to read the newspaper 20 years ago.

24      You know, when a big chain store would have this

25      TV on sale for $49, well, they had one per store,







                                                             164
 1      and they just used it to drive people in.  You know?

 2             SENATOR SKOUFIS:  Right, right.

 3             Hey, thank you for that.

 4             And so in the interest of time, I just want

 5      "yes" or "no" from each of you on a couple of sort

 6      of lightning-round questions here.

 7             So, in light of what I just heard, yes or no,

 8      do you believe that we should either be barring or,

 9      at a minimum, strictly limiting holdbacks --

10             DONALD VACARRO:  Yes.

11             SENATOR SKOUFIS:  -- in New York State?

12             DONALD VACARRO:  Or disposing it.

13             Yes.

14             LAURA DOOLEY:  I think we would suggest, we

15      should be transparent about it, but allow the

16      practice to happen, as long it's, certainly, you

17      know, available to the customer to digest.

18             RYAN J. FITTS:  Disclosure is a key piece of

19      the supply and demand.

20             JASON BERGER:  I actually have a -- I'm

21      sorry, I can't answer yes or no.

22             I have an idea, though.

23             If Ticketmaster is saying it's usually

24      5 percent, maybe disclose it if it's about

25      10 percent, automatically disclose it, because then







                                                             165
 1      I think people would have an idea that this is the

 2      number of tickets that are held back for that

 3      Justin Bieber concert example, which happens I think

 4      a lot more frequently than we all think.

 5             SENATOR SKOUFIS:  Uh-huh.  Okay.

 6             DONALD VACARRO:  You know, just to add on to

 7      Jason's thing, Senator Skoufis, and I hate to do it,

 8      technologically, it's simple to do.

 9             This is probably one of the most simple

10      things in the world for a primary vendor to do

11      technologically.

12             You just have to say:  Here's the status of

13      the tickets.

14             It's very, very simple.

15             SENATOR SKOUFIS:  Right.

16             And I guess, you know, this is a two-parter:

17             So, yes or no, do you all engage in

18      speculative ticket sales?

19             And, yes or no, do you believe that we should

20      be banning speculative ticket sales in New York?

21             RYAN J. FITTS:  We have zero tolerance for

22      undisclosed speculative ticket sales.

23             We think that the New York law was well

24      considered in 2018.

25             SENATOR SKOUFIS:  Yes, the 2018 law just







                                                             166
 1      speaks to disclosure, correct.

 2             I'm, you know -- so, (a) do you engage in it

 3      at all, even if it's disclosed? (b) do you think

 4      that the 2018 law should take the next step forward,

 5      if you will, and prohibit the practice?

 6             RYAN J. FITTS:  Yeah, I mean, our -- our --

 7      we have a zone program that sells tickets, that are

 8      guaranteed to a particular section.  We carefully

 9      vet those participants, and we only allow a certain

10      subset.

11             And that program is, of course, compliant

12      with New York law, and so [indiscernible].

13             DONALD VACARRO:  I guess I would say,

14      generally, I agree with what Ryan has said.

15             I think, the disclosure, I actually think

16      it's a good provision in the law.  And I think

17      everyone adhere to it.  I think the customers see

18      transparency.

19             And, as far as the practice, with whatever

20      you consider them, yes, it's good, because it

21      increases the supply, it lowers the equilibrium

22      price.

23             JASON BERGER:  I would say, we do

24      participate, and we actually tell consumers that we

25      are preselling.







                                                             167
 1             And people do come to us and ask us to help

 2      them with presale -- help them with inventory that

 3      is not available in the marketplace.

 4             How can you find this ticket for us for the

 5      Super Bowl?

 6             The tickets are not released until two weeks

 7      before.

 8             Can you help us obtain tickets for an

 9      overseas match that's not available?

10             So as long as there's disclosure, I think

11      it's important to have that ability for consumers,

12      because limited supply in the marketplace drives

13      prices up.

14             SENATOR SKOUFIS:  Don't you think that, you

15      know, the practice gives a leg up to higher-end

16      consumers who have the wherewithal to go through a

17      broker?

18             You know, the average consumer is likely not

19      trying to get a hot ticket through a broker.

20      They're trying to get it through sort of the

21      traditional means of the primary marketplace.

22             And so what you're describing, Mr. Berger, is

23      sort of an add-value -- or, value added, I should

24      say, that you're able to provide, that is not

25      readily available to, you know, probably 98 percent







                                                             168
 1      of fans.  Fair?

 2             JASON BERGER:  I actually see it a little

 3      differently.

 4             I see it, that increased supply decreases

 5      prices.

 6             So I don't necessarily see it the same way,

 7      that only a specific percentage of clients can

 8      participate, and buy a ticket for an event.

 9             Zone pricing is available on a lot of

10      marketplaces, and it helps consumers when there's

11      nothing available.

12             There's also the -- you know, when there's --

13      when there's nothing available, I think that zone

14      pricing helps.

15             In other countries, it's -- that's how a lot

16      of tickets are sold, and it drives prices down.

17             So I do actually believe it's, increased

18      supply decreases prices.

19             SENATOR SKOUFIS:  Okay.

20             And, Ms. Dooley?

21             LAURA DOOLEY:  Yeah, I would align with what

22      we've heard here.

23             Certainly supportive of the existing law.

24             Certainly supportive of continuing the

25      conversation to tighten it where it needs to be







                                                             169
 1      tightened.

 2             SENATOR SKOUFIS:  Okay.  Very good.

 3             You're all off the hot seats.

 4             Thank you very much for your participation.

 5             You gave some great incite, and we're

 6      grateful for it.

 7             So, thank you, and we'll be in touch with

 8      you.

 9                (All panel participants say "Thank you.")

10             SENATOR SKOUFIS:  Okay.  And we're up to our

11      finale, our fourth panel.

12             We have, John Breyault, vice president -

13      public policy, telecommunications, and fraud, from

14      the National Consumers League;

15             We have, from Consumer Reports, Anna Laitin,

16      director of financial fairness and legislative

17      strategy;

18             From NetChoice, Carl Szabo, vice president

19      and general counsel;

20             And from Sports Fans Coalition, Brian Hess,

21      executive director.

22             Welcome, everybody.

23             JOHN BREYAULT:  Thank you.

24             SENATOR SKOUFIS:  Mr. Breyault, do you want

25      to go first?







                                                             170
 1             JOHN BREYAULT:  Sure.  Thank you.

 2             Good afternoon, Chairman Skoufis,

 3      Chairwoman Kaplan, and members of the committee.

 4             My name is John Breyault, and I'm the

 5      vice president of public policy, telecommunications,

 6      and fraud for the National Consumers League,

 7      America's pioneering consumer-advocacy organization.

 8             I appreciate this opportunity to appear

 9      before the committee, and provide testimony in

10      support of your investigation of the live-event

11      ticketing industry.

12             My testimony today will focus on two of the

13      areas where you have an opportunity to address --

14      to strengthen consumer protections in the

15      industry: ticket holdbacks and ticket-buying bots.

16             First, holdbacks, also known as

17      "allocations," are one of the dirty little secrets

18      of the live-event industry.

19             As the 2016 report by the New York Attorney's

20      General's Office -- New York Attorney General's

21      Office found, only 46 percent of tickets to popular

22      events, on average, are ever made available to the

23      general public.

24             Those findings were recently corroborated by

25      a 2020 audit by the Honolulu City Council, which







                                                             171
 1      found that promoter and venue holdbacks were the

 2      primary reasons that consumers could not access

 3      tickets to events there.

 4             Instead of tickets being made available to

 5      the general public, they are diverted to connected

 6      insider groups, like fan clubs, credit card rewards

 7      programs, artists, venues, and promoters, who often

 8      work with brokers to increase their profits by

 9      reselling tickets on the secondary market at

10      inflated prices.

11             To be clear, we do not oppose holdbacks in

12      principle.

13             Primary ticketers, whether they be

14      Ticketmaster or box offices, artists and concert

15      promoters, they should be free to distribute their

16      tickets as they see fit.

17             However, we believe it is an unfair and

18      deceptive practice to advertise an event, lead

19      customers to believe they have a reasonable chance

20      of getting a seat at face value, trumpet the

21      artificially engineered quick sellouts, and then

22      point the finger and blame at the secondary market,

23      or even fans themselves, when tickets are scarce.

24             The best antidote to ticket-holdback

25      practices -- to deceptive ticket-holdback practices







                                                             172
 1      is more transparency.

 2             We support legislation requiring primary

 3      ticket sellers to disclose on their websites, and at

 4      the box office, the total number of tickets to be

 5      made available to the general public no less than

 6      seven days prior to the date on which tickets go on

 7      sale.

 8             The second issue my testimony will address

 9      today is the use of ticket bots by unscrupulous

10      ticket brokers.

11             Ticket bots are sophisticated programs used

12      to electronically jump the line to buy hundreds or

13      thousands of tickets in a matter of seconds.  Those

14      tickets are then resold on the secondary market,

15      typically, at greatly inflated prices.

16             To address this, New York should take steps

17      to address -- sorry -- to increase penalties for

18      violation of its existing anti-bot statute.

19             We also urge you to pass legislation,

20      requiring entities, such as primary ticketers,

21      venues, promoters, or other actors in the live-event

22      ecosystem, who have knowledge of illegal bot use to

23      report such activity to the attorney general's

24      office.

25             Senator Skoufis, I believe you were getting







                                                             173
 1      at this earlier in your line of questioning to

 2      Mr. Marcus from Ticketmaster.

 3             Finally, in addition to our recommendations

 4      regarding ticket holdbacks and ticket bots, we

 5      support many of the other comprehensive solutions

 6      I anticipate you will hear from our colleague

 7      organizations today, such as prohibiting undisclosed

 8      speculative ticketing, reigning in drip pricing,

 9      prohibiting white-label ticket websites that defraud

10      fans, requiring refunds for canceled or rescheduled

11      events, and requiring ticket sellers to provide

12      toll-free numbers for customer support.

13             Chairman Skoufis, Chairwoman Kaplan, thank

14      you for giving the National Consumers League the

15      opportunity to provide testimony on this important

16      issue.

17             We look forward to answering any questions

18      that you or other members of the committee may have.

19             SENATOR SKOUFIS:  Thank you very much.

20             Next we'll hear from Ms. Laitin.

21             ANNA LAITIN:  Thank you, Chair Skoufis and

22      Chair Kaplan, ranking members, and distinguished

23      members of both committees for inviting

24      Consumer Reports to testify at this important

25      hearing.







                                                             174
 1             My name is Anna Laitin, and I'm the director

 2      of financial fairness and legislative strategy at

 3      Consumer Reports, based in Yonkers.

 4             This hearing is taking place at a unique

 5      time.

 6             As the worst of the pandemic appears to be

 7      behind us, artists, venues, and fans are all hopeful

 8      that we will be able to attend live events and share

 9      experiences again.

10             But we urge you to ensure that we do so in a

11      marketplace that works for consumers, one that

12      eliminates unfair and deceptive practices that

13      target ticket buyers.

14             As you well know, Americans have long

15      expressed frustration with online ticketing.

16             In 2018 Consumer Reports reached out to our

17      members, asking them to share stories about

18      ticketing and ticket fees.  And more than

19      6600 consumers, including more than 500 New Yorkers,

20      wrote back.

21             Many gave concrete examples of frustrations

22      with hidden fees, raising the price of a ticket well

23      beyond what the individual had understood to be the

24      price; with bait-and-switch tactics that left them

25      uncertain about what they had bought, and whether







                                                             175
 1      the tickets were even legitimate; and with the

 2      opaque operations of the secondary ticket market.

 3             It became clear from these stories that the

 4      online event-ticketing marketplace is not

 5      transparent.  It does not operate in a manner that

 6      enables consumers to make informed purchase choices.

 7      Hidden fees can increase the price of a ticket by as

 8      much as 30 to 40 percent, and consumers find

 9      themselves spending more than they intended in order

10      to buy tickets, or they simply back out and decide

11      not to bother with attending an event that they

12      cannot afford.

13             The ticket sellers know what they are doing

14      when they set their prices in this way.

15             In December 2016 the National Economic

16      Council issued a report, "The Competition Initiative

17      and Hidden Fees," which notes that these fees are

18      generally structured as they are, quote, in order to

19      drive down the perceived price, and lure consumers

20      to make purchasing decisions based on information.

21             Go on to say, that these fees are, at worst,

22      quote, fraudulent or deceptive.  At a minimum, they

23      make prices unclear, hinder effective consumer

24      decision-making, and dull the competitive process.

25             New York has taken steps to protect consumers







                                                             176
 1      in its marketplace with the enactment of laws

 2      requiring transparency disclosures, as well as by

 3      prohibiting the most egregious white-label websites

 4      that fool consumers into thinking that they are

 5      buying from the venues.

 6             These protections have made a difference, and

 7      Consumer Reports urges you to renew these expiring

 8      protections, but we also urge to you take additional

 9      steps.

10             I use my time today to urge you to ban hidden

11      fees and require all end pricing for all tickets.

12             If a fee is certain to be charged to a

13      consumer in order for that consumer to receive a

14      ticket, that fee should be included in the base

15      advertised rate.  It is a simple straightforward

16      change that would improve consumer welfare.

17             The ticket sellers have made clear that this

18      is not a change that they will make on their own

19      absent a mandate.

20             You have the opportunity to set that mandate.

21             Thank you, and I look forward to your

22      questions.

23             SENATOR SKOUFIS:  Thank you very much.

24             We'll next hear from Carl Szabo, NetChoice.

25             Welcome.







                                                             177
 1             CARL SZABO:  Good afternoon.

 2             My name is Carl Szabo.  I'm vice president

 3      and general counsel of NetChoice.  I'm also an

 4      adjunct professor at the George Mason Law School.

 5             Now, we've heard a lot about the problems in

 6      the ticketing market.

 7             And one of the things I always look for is,

 8      what is the root cause?

 9             And I was looking around on the Internet, and

10      I was just curious to see how much the COVID

11      outbreak has impacted the events market and the

12      ticket market.

13             And, it's hit everyone hard, except for one

14      company in particular: Live Nation.

15             Live Nation's stock price today is not only

16      higher than it was before the pandemic started a

17      year ago, it's the highest in its history.

18             And why is that?

19             Well, we have to unpack the onion and look at

20      the root cause.

21             But before we jump into that, I'm going to

22      ask that we do three important things.

23             One, renew the existing New York Consumer

24      Protection Law;

25             Two, require transparency on how many tickets







                                                             178
 1      are available;

 2             And, three, encourage your state AG to

 3      investigate the antitrust violations of Ticketmaster

 4      and its parent company, Live Nation.

 5             Now, we heard, well, if we just give people

 6      transparency, it's not going to change consumer

 7      buying habits.

 8             So, really, there's no logical reason why you

 9      shouldn't disclose it.

10             It's kind of like my kids holding something

11      behind their backs, and saying, Oh, don't worry,

12      dad.  It's nothing bad.

13             Should I believe my kids?

14             Probably not.

15             If it's nothing bad, show it to me.

16             One of the things that is also worth

17      analyzing is the antitrust violations by

18      Ticketmaster and Live Nation.

19             Now, I spent an inordinate amount of time

20      dealing with [indiscernible].

21             Under today's laws, the Supreme Court has

22      never found an antitrust violation when the

23      controller has less than 75 percent of market.

24             But you heard from Ticketmaster today that

25      they represent 80 percent of the primary ticket







                                                             179
 1      sales in the U.S., well above the Supreme Court

 2      threshold.

 3             But Ticketmaster isn't just the ticket

 4      issuer.  They complained about how it's the artists

 5      and venues that are causing them to adjust the

 6      tickets.  But their parent company, Live Nation, is

 7      the lead promoter.

 8             So that's the artists that they work with,

 9      through Live Nation, setting the prices that

10      Ticketmaster sells.

11             And, by the way, Live Nation and Ticketmaster

12      own dozens of venues across the country.

13             So if the complaints are the artists and the

14      venues, they're really complaining about their own

15      ticketing practices.

16             You now see Ticketmaster using their size and

17      control to seize control of the secondary market.

18             You've heard them talk about creating pricing

19      models that increase their service fees and prices.

20             I mean, this is a slam-dunk case on

21      antitrust.

22             And that's why I am excited to see

23      Chairman Nadler and several members of the

24      U.S. House of Representatives, including

25      Representative Pascrell, ask the Department of







                                                             180
 1      Justice and FTC to enforce against this monopoly.

 2             Your state AG could take similar steps.

 3             Now, the important thing is also on

 4      transferability.

 5             States are running to catch up with

 6      New York's transferability laws.

 7             Today, Colorado, Utah, Virginia, Connecticut

 8      have caught up to New York.

 9             New York should continue to lead the way, and

10      give consumers the protections that they deserve.

11             SENATOR SKOUFIS:  Thank you very much.

12             Last, but not least, we'll hear from

13      Brian Hess, Sports Fans Coalition.

14             Welcome.

15             BRIAN HESS:  Thank you, Chairman Skoufis, and

16      members of the committees.

17             I'm Brian Hess.  I'm the executive director

18      of Sports Fans Coalition.

19             SFC was founded in 2009, and we're a national

20      nonprofit advocacy group devoted to representing

21      fans wherever public policy impacts the games we

22      love.

23             New York tickets resale laws are strong,

24      promote competition, and they're good for the

25      consumer.







                                                             181
 1             If the New York Senate were to do anything

 2      following today's hearing, it should extend the

 3      sunsetting provisions, preferably indefinitely.

 4             Today I will focus on a few areas of public

 5      policy that impact the ticket-buying consumers,

 6      protecting transferability, price controls that harm

 7      fans, white-label websites, and requiring

 8      affordability of primary tickets for tax-funded

 9      venues as a good idea for consumers.

10             Transferability must be the cornerstone of

11      any pro-consumer ticketing law.

12             As the industry's dominant primary ticketer,

13      Ticketmaster's embrace of nontransferable ticketing

14      practices does nothing more than to create burdens

15      for consumers, limiting the ability for fans to

16      transfer, give away, or resell their tickets that

17      have been rightfully purchased.

18             It is also highly anticompetitive.

19             The consumer groups in this panel aren't

20      alone in this concern.

21             This week Chairman Jerry Nadler and four

22      other congressmen sent letters to the DOJ and FTC,

23      asking them to open an investigation into

24      Ticketmaster and Live Nation for all of the

25      anticompetitive practices they engage in.







                                                             182
 1             I would like to quote from that letter.

 2             "Not satisfied with its near monopoly of the

 3      primary sale of tickets, Live Nation Entertainment

 4      has tightened its grasp on the secondary market,

 5      making it one of the largest ticket resellers in the

 6      United States.

 7             "The company is now leveraging its position

 8      in the primary channel, to drive out competition in

 9      the resale market, and allowing for, potentially,

10      unfair and deceptive practices."

11             While Ticketmaster claims their barriers

12      prevent ticket scalping, they are often designed to

13      control resale and ensure it occurs on platforms

14      aligned with the primary ticketing company.

15             Designated resale exchanges allow

16      Ticketmaster to double-dip the fees on both their

17      initial sale of the ticket and secondary sale.

18             Despite claims that these restrictions

19      protect consumers, they do the exact opposite.

20             I urge the committee to protect New York's

21      right to transfer in any legislation that it

22      considers.

23             Buying tickets is also an investment in

24      fandom.

25             When the ticket is to a single game or an







                                                             183
 1      entire season, a fair and open ticket market spurs

 2      investment among the fan base.

 3             To restrict the cost of that secondary ticket

 4      site stifles that investment.

 5             If I'm a season ticket holder in the Yankees,

 6      and I want to sell my ticket to the Red Sox games,

 7      to either recoup my costs for the package, pay an

 8      unexpected medical bill or a parking ticket, or

 9      anything, I should have the right to do so.

10             Stifling that does little to stop bad actors

11      who will just go to other platforms, or back on the

12      street corners, and they will always find a way to

13      skirt the law.

14             Sports Fans Coalition advocates against any

15      legislation or regulation that attempts to control

16      ticket prices artificially.

17             Lastly, many other people today have talked

18      about white-label ticket sites and how they defraud

19      fans by using similar iconography, URLs, names.

20             So I won't dive in too deeply on that, but

21      New York has lead the nation in prohibiting this

22      practice.

23             To stop that today, or this year, would

24      really hurt the industry efforts that have been --

25      coincide by state regulations, and companies, such







                                                             184
 1      as Google's ad word policy, that have largely

 2      addressed the practice, though it still

 3      proliferates.

 4             I see my time has expired, and so I will ...

 5             SENATOR SKOUFIS:  Thank you.

 6             I'm sure there will be more opportunity to

 7      flesh out your remaining comments as we go to

 8      questions now.

 9             So a common theme from many of you in your

10      testimony was the need for additional disclosure.

11             And I think you'll find few, if any,

12      arguments against that amongst our two committees

13      here.

14             I guess my question is:

15             Is it enough -- you know, if you have a bad

16      practice, or, an unsavory practice maybe is a better

17      characterizing, like holdbacks -- excessive

18      holdbacks -- Mr. Breyault, I think you described it

19      as the industry's dirty little secret -- is it

20      enough to just -- to just require stakeholders to

21      let the public know, hey, we are engaged in these

22      bad practices?  Or, should we be taking the next

23      step in regulating those bad practices?

24             Do any of you, do all of you, think that we

25      should not just disclose the fact that these







                                                             185
 1      holdbacks are taking place, and locking average

 2      New Yorkers out of events?

 3             Do you think we should be limiting, or

 4      perhaps even banning holdbacks here in New York

 5      State, as we look at potential future reforms?

 6             JOHN BREYAULT:  Senator Skoufis, thank you

 7      for that question.

 8             From NCL's point of view, we don't believe

 9      that banning holdbacks is appropriate at this time.

10             However, I think I share your desire that

11      they would hold back fewer tickets, and make more

12      tickets available to the general public at face

13      value.

14             And I think transparency would start to get

15      us there.

16             I think that artists, in particular, value

17      the relationship that they have with their fans.

18      And they don't want to be seen as -- as bidding --

19      selling off their tickets to the highest bidder;

20      giving them to connected insiders; only the people

21      who have the super-Platinum American Express card

22      can get access to our pre-sales.

23             But the fact that they can get away with

24      that, or that venues or promoters can get away on

25      their behalf, or on the side, in this opaque system,







                                                             186
 1      where so many tickets are held back from general

 2      resale, that means that they can get away with that

 3      without repercussions or any kind of consumer

 4      knowledge.

 5             I think consumers armed with the information

 6      that they would get from holdbacks -- from

 7      transparency and holdbacks would actually decrease

 8      the incentive to hold back tickets in the first

 9      place.

10             And so I often talk about the harm that comes

11      to consumers from undisclosed holdbacks in

12      four ways, and I hope you'll excuse me for going

13      down the list.

14             But, first, consumers waste time.

15             When I'm online at 10 a.m. on a Saturday

16      trying to get tickets, when I think that there may

17      be, you know, most of the tickets of the 20,000-seat

18      Madison Square Garden are available.  But, in fact,

19      if there are only a very small percentage that are

20      available, then I might not have wasted that time.

21             Number two, when tickets to Justin Bieber

22      sell out in 30 seconds for MSG, then I think it's a

23      hot ticket.

24             I'll go to secondary market, and I'll see a

25      price for tickets there and think, that's the market







                                                             187
 1      price for that ticket, and I may even pay it.

 2             In fact, as I think Mr. Vacarro alluded to

 3      earlier, that price may only reflect

 4      artificially-engineered ticket scarcity.

 5             Number three is, when a consumer pays that

 6      price, we -- it's often seen that the tickets will

 7      be made -- more tickets will be made available

 8      closer to the date of the event at face value.

 9             So now a consumer has paid above face for

10      tickets they could have gotten for face value in the

11      first place.

12             So I think for all of those reasons, this is

13      a practice that would benefit from more

14      transparency.

15             If a consumer knew, for example, that they

16      only had a shot at 10 percent of the tickets for

17      Justin Bieber at MSG, they probably wouldn't waste

18      their time.

19             If they went to StubHub or Vivid or one of

20      the other resellers that was testifying before us,

21      and said, Oh, I see these tickets are on sale for

22      three or four times face.  But I know that there's

23      still thousands of tickets out there, unaccounted

24      for, they may wait.

25             Mr. Marcus talked earlier about sort of







                                                             188
 1      that spike in the first 12 to 24 hours of demand,

 2      followed by a decrease.

 3             If consumers knew how many tickets were out

 4      there, they may be able to make the decision to

 5      purchase that ticket further on down that curve,

 6      closer to the date of the show.

 7             SENATOR SKOUFIS:  Sure.

 8             JOHN BREYAULT:  So I think all of those ways

 9      would benefit consumers for more transparency.

10             SENATOR SKOUFIS:  Yeah, very good.  Thank

11      you.

12             In the interest of time, does anyone have the

13      opinion that we should be considering steps beyond

14      transparency, or do you all agree that that is the

15      solution here?

16             CARL SZABO:  I think transparency is a

17      good --

18                [Simultaneous speakers; indiscernible.]

19             CARL SZABO:  -- yeah, transparency is a great

20      start.

21             I think, that, coupled with maintaining

22      transferability, will let us better understand how

23      the market operates.

24             And, frankly, it may stop the idea of bots,

25      because now you know how many tickets were







                                                             189
 1      available, if they were grabbed by humans, or were

 2      they grabbed by -- or were they never available to

 3      begin with?

 4             BRIAN HESS:  I agree with Mr. Breyault and

 5      Mr. Szabo.

 6             SENATOR SKOUFIS:  Ms. Laitin, do you agree

 7      with [simultaneous speakers; indiscernible] --

 8             ANNA LAITIN:  I agree as well.

 9             SENATOR SKOUFIS:  -- yeah.

10             Okay.  Great.

11             Senator Kaplan, do you have anything?

12             SENATOR KAPLAN:  Yes.

13             So this is to anyone who wants to take the

14      question.

15             If ticket sellers were required to disclose

16      the total ticket price, including fees, up front,

17      also known as "all-in pricing," and not at the end

18      of that purchase when fees are usually added, how do

19      you think this would impact consumer purchasing

20      habits?

21             CARL SZABO:  So, Senator --

22                [Simultaneous speakers; indiscernible] --

23             CARL SZABO:  -- oh.

24             Go ahead, please.

25             ANNA LAITIN:  I'll just take a little bit,







                                                             190
 1      and then turn to Carl.

 2             I think it would dramatically improve

 3      consumer welfare.

 4             What we hear from consumers is that they

 5      choose tickets based on the price they see, and are

 6      consistently surprised by the increased price.

 7             If it's a highly in-demand concert, or other

 8      event, they may feel trapped.

 9             If they go backwards, they may not be able to

10      choose the cheaper ticket; they might not have time

11      if the tickets have sold out.

12             So buy a ticket they can't afford, or simply

13      not go to concert.

14             What we have heard from the industry

15      repeatedly is that there's a competitive

16      disadvantage to them for doing it on their own.

17             This is one of those things that does require

18      governmental action.

19             They will not do it on their own; they'll be

20      at a competitive disadvantage.

21             But if all of them are required to do it,

22      then it would be a more fair marketplace, and

23      consumers would understand what they're getting.

24             SENATOR KAPLAN:  Levels the playing field for

25      all of them.







                                                             191
 1             CARL SZABO:  So one of the things that you'll

 2      likely see is an initial dip in purchasing, just

 3      because people will be surprised.  But then they'll

 4      become accustomed to it.

 5             One of the things that we've seen is, this is

 6      not limited just to the ticket markets.  This is in

 7      all aspects.

 8             We see it in, for example, hotels.

 9             You get to the hotel, and they say, Oh, we

10      have something called a "resort fee" that you now

11      have to pay that you're here.

12             Can I not take the resort fee?

13             No.

14             So we see this in many different markets.

15             I think getting the idea out front is

16      important, but as was noted, this has to be done

17      across the board, because you do see some businesses

18      stepping up and saying, we are going to make this

19      disclosure available.

20             But by the same token, they're competing with

21      people who only show you the final all-in price at

22      the end.

23             This should apply not only for second

24      secondary ticket sellers, but primary ticket sellers

25      as well, because if I'm looking at prices on, for







                                                             192
 1      example, Ticketmaster -- it seems to be one of the

 2      only places to find anything -- then I need to know,

 3      should I line up virtually; or, am I going save

 4      about $50 for a family of four by just going to the

 5      box office?

 6             JOHN BREYAULT:  And, Senator Kaplan, if I may

 7      add to what my colleagues have said, such a

 8      requirement for all-in pricing is not unprecedented

 9      in the industry.

10             If you look at, for example, airline tickets,

11      airlines are currently required, under federal

12      regulation, to advertise the full fare.  So that is

13      the cost of the ticket plus all ancillary fees that

14      are required.

15             So this is something that New York would not

16      be sort of going outside the mainstream to require

17      such all-in pricing.

18             And I think, as others have alluded to,

19      you've been the leader on things like

20      transparency -- sorry -- transferability, on

21      anti-bot practices.

22             So I think it would continue your state's

23      leadership to require all-in pricing for tickets.

24             SENATOR KAPLAN:  In your experiences, does

25      the establishment of price floors negatively impact







                                                             193
 1      consumers in multiple ways?

 2             For example, late in a sports' team season,

 3      the team -- one team is playing really poorly, and

 4      the original ticket holder doesn't want to go to the

 5      game, and just wants to offload their ticket.

 6             A consumer who usually cannot afford a game,

 7      they want to go and catch a game.  It's priced at

 8      the right number for him, and he would enjoy it.

 9             So won't pay face for it, but would like to

10      purchase it.

11             Are they getting a deal?

12             BRIAN HESS:  So with price floors, in

13      particular, the New York Attorney General found a

14      few years ago that it was anticompetitive; launched

15      an investigation into the NFL and their designated

16      resale exchange that put this kind of price floor

17      onto the ticket.

18             And they found it does artificially -- it

19      does hurt consumers by artificially raising the

20      price, actually.

21             So we would definitely recommend against

22      allowing for price floors, or, you know, any kind of

23      price controls, for that matter, because we do find

24      that it ends up hurting the fan more in the long

25      run.







                                                             194
 1             CARL SZABO:  Senator, could you imagine price

 2      floors at a yard sale?

 3             I mean, it violates our notion of two-party

 4      transactions, where I want to sell it at a price

 5      that's fair to me and you want to buy it at a price

 6      that's fair to you.

 7             You go to a yard sale, and you go to buy a

 8      used up fold-up chair, and, suddenly, you have to

 9      pay $20 because the company who made the fold-up

10      chair put a price floor on it.

11             It's an absurd rule, and it's bad for

12      everyone.

13             SENATOR KAPLAN:  Thank you.

14             I'm good, Senator Skoufis.

15             SENATOR SKOUFIS:  Oh, okay.  Thank you.

16             Let me see if there is anyone else.

17             I'll jump in, I don't see any other hands.

18             I'll ask the same yes-or-no question of each

19      of you that I asked the last panel.

20             We have -- we have disclosure requirements

21      related to speculative ticketing here in New York,

22      as of 2018.

23             Do you believe that the practice should exist

24      at all?

25             Should we ban speculative tickets; yes or no?







                                                             195
 1             CARL SZABO:  When you don't have a

 2      contractual right to those tickets, yes.

 3             The risk is, however, if, for example, I have

 4      a full season of tickets that I have already

 5      pre-ordered, and you don't yet have those tickets in

 6      hand, that, then, yes, you should be able to give

 7      away those tickets if you know you're not going to

 8      be able to make the game six months down the road.

 9             But, overall, if you don't a license -- or,

10      right to those tickets, then I think that's a

11      reasonable step.

12             BRIAN HESS:  Agreed.

13             A lot of the speculative language that we end

14      up seeing in draft form, that prohibits speculative

15      ticketing, ends up accidentally incorporating sport

16      season ticket holder.

17             You know, I have season tickets to the

18      Washington Nationals, and so I know that I'm going

19      to have a game on May 11th that I can go to.  Right?

20             Even though I don't physically have that

21      ticket in my hand yet, but I know it's coming,

22      I should be able to resell that if I wanted to, or

23      transfer it however I wanted to.

24             That should not -- if you were writing any

25      kind of spec ban, you need to make sure that you







                                                             196
 1      include that season ticket holders are not counted

 2      in that realm of speculation.

 3             SENATOR SKOUFIS:  But save for season

 4      tickets, your organization would be supportive of

 5      the ban?

 6             BRIAN HESS:  Yes.  I do not support

 7      speculative ticketing if I don't have the knowledge

 8      that I will be receiving that ticket in the near

 9      future, that I can then pass off to --

10             SENATOR SKOUFIS:  Okay.

11             JOHN BREYAULT:  Senator Skoufis, from our

12      point of view, we don't believe that speculative

13      ticketing has value for consumers.

14             And what we would also say is, that if you

15      were to ban speculative ticketing, the way I would

16      look at this, is to ban it prior to the public

17      on-sale.

18             What we saw at places like the FTC's

19      ticketing workshop a couple of years ago, was where

20      consumers and venues were seeing tickets go on sale

21      before they were even on sale at the box office.

22             That presents a very great danger, that a

23      consumer would be confused, and purchase a ticket

24      that they think is actually a real ticket, when, in

25      fact, it's just a speculative ticket, even with the







                                                             197
 1      disclosures that are currently required.

 2             So I think if you're looking to ban

 3      speculative ticketing, I would focus on speculative

 4      ticketing that may occur before the public on-sale.

 5             SENATOR SKOUFIS:  Okay.

 6             ANNA LAITIN:  I agree almost entirely.

 7             I think we have seen some examples, where

 8      tickets were already on sale, and white-label sites

 9      were selling speculative tickets when, they did not

10      own the ticket, they did not have the ticket, but

11      tickets were still available at the venue.

12             So I think there are -- it's -- speculative

13      tickets are a huge problem.  There do need to be

14      some carve-outs for things -- for things like season

15      tickets, and, potentially, other elements.

16             But, yes, agree that they -- a ban is

17      appropriate.

18             SENATOR SKOUFIS:  Okay.

19             Thank you.

20             I want to talk, you know, there's been some

21      discussion with this panel, about the perceived

22      monopoly of Ticketmaster in the primary market.

23             And short of -- I guess my question is, short

24      of regulators, or prosecutors, coming in and

25      breaking up the monopoly, are there any steps that







                                                             198
 1      we as a legislature can take to inject better

 2      competition in the primary market here in New York?

 3             For example, one idea that comes to mind,

 4      should we bar these exclusivity arrangements between

 5      Ticketmaster and event organizers, venues?

 6             Should there not be exclusivity allowed?

 7             Perhaps a more radical idea:  Should there

 8      be, effectively -- if there is no way to inject more

 9      private competition, because Ticketmaster has just

10      taken it over almost completely, should there be a

11      public option when it comes to the primary market?

12             You know, perhaps it's, again, a little bit

13      out of left field.

14             But, what can we do to address the

15      anticompetitive existing nature of the primary

16      marketplace?

17             CARL SZABO:  Senator Skoufis, I think the

18      first thing that you can do, is to reauthorize the

19      existing law, because one of the things that you are

20      very likely to see --

21             SENATOR SKOUFIS:  Transferability,

22      understood.

23             CARL SZABO:  -- transferability, number one,

24      because they're going to extend their vertical

25      merger into a horizontal merger and take over







                                                             199
 1      secondary markets.

 2             Second step could be in the vein of

 3      self-dealing.

 4             Now, one of the challenges that we're seeing

 5      is, because there is a vertical monopoly between

 6      Live Nation and Ticketmaster being the same company,

 7      with the artists, the venues, and the ticket --

 8      primary ticket sellers, there might be a way to

 9      write in requirements to prohibit the internal

10      self-dealing within that vertical infrastructure.

11             So, for example, if Live Nation owns the

12      venue, and owns the artist, they can't then tell the

13      artist, you have to use Ticketmaster.

14             SENATOR SKOUFIS:  Thank you.

15             Anyone else?

16             JOHN BREYAULT:  Senator Skoufis, we opposed

17      the Ticketmaster-Live Nation merger back in 2009.

18      We thought it was a bad idea for all the reasons

19      that Carl just elaborated on.

20             I think we've been proven right.

21             Even the assistant attorney general for

22      antitrust who reviewed the merger has said that he

23      thinks that that consent order did not improve

24      competition.

25             So we would be supportive of steps that







                                                             200
 1      New York would take, either regulatory, through

 2      regulation or legislation, to inject more

 3      competition into this marketplace.

 4             CARL SZABO:  Senator, may I make one last

 5      recommendation?

 6             SENATOR SKOUFIS:  Sure.

 7             CARL SZABO:  So one of the things that you

 8      see under a monopolist is prices either remain the

 9      same or go up, because there's a derth of

10      competition as a fundamental sign of the existence

11      of a monopoly.

12             With respect to Ticketmaster, can anyone on

13      this panel say that service fees have gone down for

14      tickets?

15             No.  They've either stayed the same or

16      they've gone up.

17             That is the sign of monopolistic control

18      where competition doesn't exist.

19             So this may get into limitations on the

20      primary ticket seller's service fees that they can

21      charge, and availability of other ways to make the

22      purchase with other services.

23             SENATOR SKOUFIS:  Okay.

24             Before I continue, Senator Kaplan, do you

25      have anything more?







                                                             201
 1             SENATOR KAPLAN:  I'm good.  Thank you.

 2             SENATOR SKOUFIS:  Okay.  Thank you.

 3             I'll keep going, then.

 4             Thanks.

 5             Let's talk about the service fees.

 6             Should -- you know, we've talked a little bit

 7      about price controlling in the secondary market,

 8      generally.  And I'll save -- I've got a question or

 9      two on that.

10             But, should there be some controls within

11      these fees?

12             JOHN BREYAULT:  Senator --

13             SENATOR SKOUFIS:  Some -- it appears to me --

14      now, most -- most primary and secondary platforms do

15      seem to charge, or develop, their fees as a

16      percentage of the tickets.

17             However, that's not across the board.

18             There are some platforms that charge a flat

19      fee, which by its very nature is regressive.

20             However, as I shared in, I think, with the --

21      with the first panel, with Ticketmaster, an example

22      from, you know, a ballgame I looked at this morning,

23      whereby the cheap seats, you know, your fees

24      amounted to 40 percent of your ticket costs.  But

25      the field-level seats, they were, I think, it was







                                                             202
 1      only 15 or so percent of your total ticket costs

 2      were the fees.

 3             Should there be some controls in this area?

 4             ANNA LAITIN:  Well, I'll jump in quickly and

 5      say, there's a couple of issues here.

 6             One is, if it's truly a service fee, it

 7      doesn't make sense.  If it's an amount that it costs

 8      to process a ticket, it doesn't make sense for it to

 9      a percentage.

10             Does it make it -- or -- so, one of the

11      things we found, one of the stories that came into

12      us, this was from a gentleman who bought three

13      tickets from the same venue, same seller, to three

14      different concerts, and the fee structures were

15      completely different.

16             So there's no predictability to the fees.

17             What we have argued for at Consumer Reports

18      is less focus on the fees themselves than the price.

19             There's a lot of -- there seems to be a lot

20      of movement within the pricing of making the ticket

21      look cheaper, so increasing the service fees.

22             And we don't know precisely where all those

23      service fees go.

24             So the consumer sees one price, and it's the

25      ticket plus all the fees, and that's all they see.







                                                             203
 1             We're less concerned about what the -- what

 2      the service fee is as compared to the price, as long

 3      as the consumer knows what they're being charged.

 4             And then that can be worked out between the

 5      venue, the seller, the performer, and whoever else

 6      is getting a piece.

 7             So, now, if there isn't all-in pricing, then

 8      there's a larger call to deal with, sort of,

 9      transparency, visibility, of these fees.

10             But I don't know that limitations on the fees

11      is exactly the right way to go.

12             SENATOR SKOUFIS:  Thanks.

13                [Simultaneous speakers; indiscernible] --

14             CARL SZABO:  Go ahead, John.

15             JOHN BREYAULT:  Yeah, I would -- I would --

16      just to build on what Anna just talked about, an

17      all-in pricing requirement would address the

18      service-fee issue.

19             The cost of a ticket is the cost of a ticket,

20      and artists or theater owners are going to set it

21      where they want to.

22             By giving consumers the visibility at the

23      front end, when that fee -- when they first see the

24      price of going to that event, whether that fee is

25      10 percent of the face value, plus 90 percent







                                                             204
 1      service fees; or 50/50; or some other combination,

 2      I don't think consumers really care.

 3             They just want to know how much it's going to

 4      cost to get in the door.

 5             So an all-in pricing requirement would

 6      address the service-fee issue that you and other

 7      members of the committee have raised today.

 8             CARL SZABO:  Senator, I think service-fee

 9      requirements are most important when there's no

10      competition in the marketplace.  That is where the

11      service-fee abuse is ripe to occur.

12             When you have multiple secondary platforms on

13      which to sell, I mean, you heard several different

14      ones on the prior panel, they're going to fight over

15      the same consumer base.  They're going to fight over

16      service fees, prices, and the like.

17             What you don't see is the competition in the

18      primary ticket selling, which to many of the points

19      that were just made, I -- it seems incoherent to

20      have a different price from the face value and the

21      service fee when you're the one printing and handing

22      the ticket at the box office.

23             That service fee, like all other fees that

24      you're charging, whether it's cleaning the theater,

25      setting up the lighting, should all be encompassed







                                                             205
 1      in that face value.

 2             So when it comes to primary ticket sales, it

 3      doesn't even make sense to charge a service fee.

 4             SENATOR SKOUFIS:  So how would you address

 5      that?

 6             Would you bar service fees in the primary

 7      marketplace?

 8             CARL SZABO:  So if you did that, what would

 9      happen is, service fees then just become the face

10      value.

11             SENATOR SKOUFIS:  Is that what you suggest

12      happen?  Or, what's your recommendation, I guess is

13      my question here?

14             CARL SZABO:  I think my recommendation,

15      especially when it comes to primary ticket sellers,

16      that they should be required to have all-in pricing.

17             When it comes to secondary ticket sellers,

18      one of the challenges that they're going to face is,

19      they're dealing with venues all across the country.

20             That's something that should be addressed,

21      and should be done at the federal level.

22             When it comes to a venue in New York, they

23      know the laws in New York better than almost anyone,

24      because they live there.

25             When it comes to a service, where you've got







                                                             206
 1      sellers across the country, it's a little different.

 2             So I think it should be addressed, but it

 3      should be addressed at the federal level for the

 4      secondary ticket market.

 5             Primary ticket sellers, the all-in pricing

 6      should be when you go and buy the ticket.

 7             SENATOR SKOUFIS:  Okay.

 8             Let me -- unless, Brian, you have anything to

 9      add here, let me turn to price controls on -- in the

10      secondary market.

11             I agree with the sentiment completely that we

12      shared before when it comes to price floors.

13             So I want to focus on price ceilings.

14             I know, Mr. Hess, you -- in your opening

15      remarks, you made your position very clear that you

16      and your organization are concerned with that

17      concept.

18             If there's more to add, feel free, but I'm

19      interested in, thus, the other three on the panel.

20             And, you know, I posed this question a couple

21      of panels ago, and it was met with silence, which

22      was interesting to me.  This was the Broadway panel

23      and the Times Union panel.

24             And the question is:  Do you think that the

25      secondary marketplace should be completely







                                                             207
 1      free market, should be completely open-ended; if

 2      there is demand to purchase a ticket that is

 3      100 times the face value, God bless, and have at it?

 4             Or, do you think there should be some

 5      reasonable controls, such that the average

 6      New Yorker who is a working-class person, a

 7      middle-class household, who is, from their

 8      perspective, maybe locked out of these hot tickets

 9      because, within 30 seconds, they weren't able to

10      jump into the primary market for that Justin Bieber

11      ticket; and, now, by God, you know, if I want to go

12      to this concert with my family, it's, you know,

13      $500 a ticket, whereas it would have been, you know,

14      $80 a ticket if I were one of the lucky few that got

15      in within 30 seconds when it opened up?

16             Do you think that there should be reasonable

17      controls vis-a-vis a price ceiling?

18             Or, do you think in some ironic way, perhaps

19      that is anti-consumer?

20             JOHN BREYAULT:  So, Senator Skoufis, I'll

21      take that one.

22             You know, I think I share the frustration

23      that I think you elaborated on, of people who can't

24      get access to tickets at a fair price.

25             I know there are many shows I would like to







                                                             208
 1      see, that I just can't afford to go to because my

 2      budget doesn't allow it.

 3             But price caps is a difficult issue, because

 4      I don't think they work, to be honest with you.

 5             I think what you'll -- what you would see is,

 6      if you put a ceiling on -- on the price of tickets,

 7      either on the primary or the secondary market, is

 8      you would see, number one, more tickets go to

 9      unregulated marketplaces.

10             So the street scalpers, for example, where

11      consumers have no guarantee of a refund if the

12      ticket ends up being bogus and doesn't get them in

13      the door.

14             Number two, I think you would find the

15      brokers were very adept at getting around price caps

16      when they existed in other states in past decades.

17             They would do things like say, okay, the face

18      value of the ticket is $100, the market value is

19      $500.  We're going to sell you a $500 steak dinner,

20      plus you get this $100 ticket on the side.

21             So I think they would be adept at getting

22      around price caps.

23             I do think that in this case that, for

24      pricing of the ticket itself, the market seems to be

25      the best way to address that.







                                                             209
 1             So, I -- we would not support price caps.

 2             BRIAN HESS:  There are also a lot of

 3      instances on which you can find a ticket below the

 4      face value on a secondary platform.

 5             SENATOR SKOUFIS:  Of course, of course.

 6             CARL SZABO:  Senator --

 7             BRIAN HESS:  But if you add in caps and

 8      controls, it prevents the market from fluctuating

 9      the way that it naturally would.

10             CARL SZABO:  Senator, to flip it on its head,

11      one of my good friends, he's a season ticket holder

12      for Maryland basketball, University of Maryland.

13             It used to be more valuable in the past; not

14      so much anymore.

15             And there is one rabid fan, but there's one

16      game he would sell every year, and that's Maryland

17      versus Duke, their number-one rival.  He would sell

18      it every year, and he would sell it above face

19      value.

20             You know what that would do?

21             That would cover the cost of his entire

22      season of tickets.

23             SENATOR SKOUFIS:  Sure.

24             CARL SZABO:  I, for example, likewise, was

25      able -- lucky enough to go see "Hamilton" in







                                                             210
 1      Chicago.  It was the last-minute ticket.  And it had

 2      been running for a while, so I got the ticket well

 3      below face value.

 4             Well, if I had come here, come back to D.C.

 5      where I live, the Kennedy Center said, Well, you've

 6      got to buy the entire season of Kennedy Center

 7      tickets to have a shot at "Hamilton."

 8             One of the things I considered doing was

 9      buying that, and then selling the "Hamilton" ticket

10      to somebody who really wanted it, and then just pay

11      for an entire season of Kennedy Center tickets,

12      which I otherwise would never have, like, thought of

13      spending the money on.

14             So it does work in both directions as well.

15             There is a consumer benefit, because I was

16      able to, essentially, pay for something that

17      I otherwise couldn't afford, by selling a ticket

18      that I didn't necessarily want.

19             BRIAN HESS:  Yeah, any kind of price cap will

20      affect the fans' decision when they choose doing the

21      best in the -- a season ticket.  Right?

22             So a 42-game season ticket pass to a baseball

23      season is a lot of games that you have to commit to,

24      also, as a fan right out of the gate.

25             And I don't know if, you know, my grandmother







                                                             211
 1      is going to pass, and I have to go to her funeral

 2      that weekend.

 3             I don't know if, you know, maybe I do have an

 4      unexpected medical bill at some point, that selling

 5      a ticket for 200 bucks, if that's what the market is

 6      selling those tickets for, might help me with.

 7             SENATOR SKOUFIS:  I guess the question is --

 8      sorry to interject.

 9             I guess the question is:

10             No doubt about it, and I agree with what's

11      been said about season ticket holders, and how, you

12      know, this is advantageous and pro-consumer for

13      those that are engaged in season tickets.

14             My question is, for every one season ticket

15      holder that benefits, how many lower-income

16      New Yorkers are disadvantaged by there not being

17      caps?

18             You know, is it -- you know, for every one

19      season ticket holder who sells that Yankees ticket,

20      where, you know, they've got a big matchup against

21      the Red Sox, you know, are there 5 or 10 or

22      50 average New York families who cannot access that

23      Yankees versus Red Sox game because you have a flood

24      of tickets on the secondary market way above face

25      value?







                                                             212
 1             ANNA LAITIN:  I think, Senator, you make an

 2      interesting point.

 3             And I think some of the things you're talking

 4      about, on limiting bots and others, where they

 5      really jack up the prices, that could help with some

 6      of this.

 7             I think the problem is, for the instance

 8      you're talking about, whatever you put the cap at is

 9      where those really exciting tickets are going to end

10      up.

11             SENATOR SKOUFIS:  Sure.

12             ANNA LAITIN:  And then the lower-income

13      New Yorkers still won't be able to afford them,

14      because you can't -- it would be unfeasible to put

15      the cap low enough, probably, to make the

16      marketplace work.

17             So I think better than going for those caps

18      is to look for ways to eliminate the bots, and get

19      more real people buying the tickets at the front

20      end, so that when we're dealing with the secondary

21      market, we're dealing more with the instances that

22      Carl and Brian are talking about, of people selling

23      their tickets, rather than it being a market

24      completely overrun by the industry that is invested

25      in buying tickets solely for the purpose of resale.







                                                             213
 1             BRIAN HESS:  And -- but to Anna's point

 2      with -- you know, if we get real people, real fans,

 3      selling individual tickets more often than an

 4      industry of bots doing it, so, if you price cap it,

 5      you're just sending all of those tickets that are

 6      being bought up by bots on the unregulated

 7      marketplace, like Craigslist, which is going to put

 8      those low-income fans that you're rightly concerned

 9      about at a far greater disadvantage, where they have

10      no protections or guarantees or oversight from

11      larger platforms, or even in the public's eye of

12      what's going on.

13             The other way you can address your concern

14      about making sure that low-income or working-class

15      New Yorkers can get access to games is through the

16      Professional Facilities Act that's in New York right

17      now, which would give -- which would create a class

18      of tickets for afford -- of -- that's affordable to

19      the ZIP code in which the stadium is located to

20      fans.

21             And that's one way.

22             We have long supported that if a stadium is

23      tax-funded, there should be a litany of benefits

24      that the local communities get from that, because

25      seldom do tax-funded stadiums ever yield economic







                                                             214
 1      results for localities.

 2             One of those benefits we often times advocate

 3      for is that the local community should get discounts

 4      on tickets, or there should be a local rate for

 5      community of people in that community to get a

 6      less-expensive ticket.

 7             And there are ways you can craft that law as

 8      well, to prevent scalpers from buying up those

 9      local, you know, less-expensive tickets, and jacking

10      up those.

11             I mean, there's other ways that we can work

12      on crafting that kind that legislation, to make sure

13      the implementation of it serves the need -- the

14      purpose.

15             SENATOR SKOUFIS:  Okay.  Thank you.

16             Do you all believe that the state can --

17      I guess it's a two-parter -- can, and should, if you

18      think that we can, prohibit primary marketplaces

19      from engaging in a secondary marketplace as well?

20             Of course, the obvious company here being

21      Ticketmaster.

22             Do you think the state can, basically,

23      prohibit that double-dipping that, Mr. Hess, you

24      described?

25             And if so, do you think that we should?







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 1             CARL SZABO:  So under the Sherman Act,

 2      I think you do have that power.  It's federal law

 3      applicable by the states.

 4             And I wouldn't do it just wholesale, because

 5      I think that could get a little sticky.

 6             You do have smaller venues that maybe do want

 7      to engage in that.  I don't know.

 8             I think it should be done once a business has

 9      achieved a certain percentage of control of the

10      primary ticket sales.

11             I think that's really going to be your

12      trigger.  That way, you can craft it in a way that's

13      not overinclusive.

14             Do I think you have the power?

15             Absolutely.

16             You absolutely have that power, under your

17      existing state consumer protection law; or,

18      literally, you're the lawmakers, you can write that

19      law.  Your state Constitution would allow it.

20             But I do think it should be predicated, based

21      on dominance of the primary ticket market.

22             SENATOR SKOUFIS:  Okay.

23             And do the rest of you agree? disagree?

24             JOHN BREYAULT:  Senator Skoufis, yes, I agree

25      with Carl on this point.







                                                             216
 1             And I do -- I would underscore that the

 2      transferability protections that you're discussing

 3      would also address this issue.

 4             I think it's clear to us that primary

 5      ticketers, like Ticketmaster, are trying to use

 6      transferability restrictions, not to eliminate

 7      resale, but to direct that resale to exchanges that

 8      they control, where they set the fees and the

 9      prices.

10             BRIAN HESS:  Exactly.

11             SENATOR SKOUFIS:  We talked a little bit

12      about the fees.

13             As you all may know, we have a

14      "reasonableness" clause in Article 25, as it

15      pertains to ticket sales.

16             Seems to be a self-defining statute, as we

17      heard from Ticketmaster much earlier on today.

18             Do you think that we need to better define

19      that "reasonableness" provision?

20             JOHN BREYAULT:  Senator Skoufis, I mean,

21      I think that the all-in pricing issue that we talked

22      about would be a way --

23             SENATOR SKOUFIS:  That covers it?

24             JOHN BREYAULT:  -- would cover it.

25             SENATOR SKOUFIS:  Right.







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 1             JOHN BREYAULT:  I mean, I think that that's

 2      the best way.

 3             I would, however, point out, I can't help but

 4      note that Mr. Marcus on the first panel was very

 5      quick to point the finger at venues and artists and

 6      promoters who set the fees that they end up

 7      charging.

 8             I think what he neglected to mention to you

 9      was that, those same promoters and venues and

10      artists, and Ticketmaster itself, are all owned by

11      the same company, Live Nation Entertainment.

12             So those fees do -- do end up trickling up to

13      the parent company regardless of who they're set by.

14             I thought that that was a fairly disingenuous

15      comment on his part.

16             SENATOR SKOUFIS:  Do you all agree that

17      all-in would cover this issue?

18                [Simultaneous speakers; indiscernible.]

19             SENATOR SKOUFIS:  Yeah.  Okay.

20             What about platinum tickets; your thoughts?

21             Should we be regulating those specifically,

22      or those types of tickets, banning them?

23             If we're talking about price controls, maybe

24      price controls on these type of tickets?

25             What are your thoughts on what I view -- and,







                                                             218
 1      you know, it's -- and I meant to quote

 2      Ticketmaster's website when Mr. Marcus was here.

 3             They, on their website, claim, quote, They

 4      give fans fair and safe access to some of the best

 5      seats in the house, unquote.

 6             Those are the platinum tickets that they

 7      provide.

 8             I think most consumers who look at this

 9      objectively would dispute that, you know, Seat 10-A

10      priced at $10,000, platinum ticket, next to

11      Seat 10-B, the same seat, basically, priced at, you

12      know, a third of that, is not exactly fair.

13             And so my question to you is:  What should we

14      do about these platinum tickets, if anything?

15             CARL SZABO:  I think what you can do is,

16      just, I think transparency is going to be the first,

17      most important, step.

18             When it comes to the idea of platinum

19      tickets, I -- look, I'm a free-market guy, so

20      I appreciate maximizing profit.  But trying to

21      pretend that it's good for the consumer is not

22      accurate.

23             When you're setting up a show, you know your

24      total overhead costs are going to be.

25             You know how much the venue is going to







                                                             219
 1      charge, your electricity, your law enforcement,

 2      people who clean it up.

 3             And you take all that, divide by the number

 4      of total seats you think you're going to sell, and

 5      that's the face value of the ticket.

 6             If you don't think you can get that face

 7      value, then you don't have the show.

 8             These are the basic economics that every

 9      promoter goes into a show with.

10             So the basis that a platinum ticket is good

11      for a consumer doesn't hold water.

12             But I do think making clear the number of

13      tickets that are being used for this behavior will

14      really help make clear what's going on, more so than

15      just, when I sit down at an event, and I turn to the

16      person sitting next to me, and find out they paid

17      $200 less than I did, that's not what you want to

18      do.

19             I think being transparent at the front end is

20      going to be really key to ameliorating a lot of

21      these problems.

22             SENATOR SKOUFIS:  The rest of you, any

23      thoughts?

24             JOHN BREYAULT:  And, Senator, just to

25      clarify, when you're talking about platinum tickets,







                                                             220
 1      I believe that you're referring to dynamic pricing?

 2      Is that correct?

 3             SENATOR SKOUFIS:  So, in effect, that's what

 4      it is, yes.

 5             But it's a -- you know, it's a specific

 6      practice that Ticketmaster engages in.

 7             You know, they disputed my characterization

 8      as, you know, a certain number of tickets being

 9      reserved for platinum tickets; but, in effect, that

10      is what it is.

11             And they're put on sale shortly after the

12      main pool of tickets is sold out; and, you know,

13      thus, they come at a premium for some of their

14      higher-echelon clients, if you will.

15             But, yes, effectively, it's dynamic pricing.

16             JOHN BREYAULT:  So I think what concerns me

17      most about dynamic pricing is, what signals are

18      being used to show a certain price to a certain

19      consumer?

20             The FTC, later this month, will be holding a

21      workshop on so-called "dark patterns."

22             This takes in idea -- you know, how a certain

23      price is provided to a certain consumer.

24             Is it because I have more Twitter followers

25      that I got this price?







                                                             221
 1             Is it because I clicked on an ad at some

 2      point that I got the price?

 3             Is it because they know that I have a

 4      higher-limit credit card that I'm getting that

 5      price?

 6             It's all very much a black box, in terms of

 7      why a particular consumer is provided with a certain

 8      price.

 9             Now, some of that may be addressed through

10      all-in pricing requirements.  If that's the price

11      that you're going to charge me, just let me know up

12      front.

13             But it's -- I think that more -- more

14      transparency into how these prices are being set is

15      something that would help the industry right now.

16             As to whether $10,000 is enough to see

17      Justin Bieber, I can tell you what I think about

18      that as a fan of punk rock.

19             But I -- but is it -- what -- is it -- is it

20      what the market would bear?  I really couldn't tell.

21             But I can tell you that the signals that go

22      into setting that price are entirely opaque and

23      unclear to consumers.

24             SENATOR SKOUFIS:  Okay.

25             My last question, because I have gone on for







                                                             222
 1      long enough here, is:

 2             Do you -- and this came up a little bit

 3      earlier, or I alluded to it.

 4             Do you believe that these platforms should be

 5      required to report bot activity to prosecutors?

 6             We heard pretty clearly that, yes, it sounds

 7      like they respond when the AG or other prosecutors

 8      ask about bot activity.

 9             But they, unprompted, do not -- do not

10      forward those referrals to prosecutors when they

11      discover them.

12             A.  Do you believe that they have the

13      wherewithal, technology, infrastructure, et cetera,

14      to very clearly, and relatively easily, identify

15      when there is bot activity?

16             And, B.  Do you think they should be mandated

17      to report it?

18             BRIAN HESS:  Yes, and yes.

19             CARL SZABO:  So, Senator, I'm going to

20      disagree with some of my colleagues on the mandate

21      for reporting when discovered, because one of the

22      things that this would do, it would actually create

23      a disincentive to seek them out.

24             Remember, if I'm a primary ticket seller,

25      what's my number-one goal?







                                                             223
 1             My number-one goal is to sell tickets.

 2             At the end of the day, I don't care if it's

 3      one person buying 1,000 tickets, or 1,000 people

 4      buying one ticket.

 5             In fact, the former is often easier than the

 6      latter.

 7             By, essentially, criminalizing failure --

 8      duty to report, it gives even more of an incentive

 9      to lower the guard against bots, because, now, if

10      I'm doing a great job protecting against bots, and

11      I neglect to report it, now I'm on the hook.

12             I think an alternative could be, an annual

13      report on the number of referrals that were made.

14             That way, you're not criminalizing the

15      monitor and the failure to report, but you're making

16      transparent the number of referrals that occur.

17             That way, when, for example, you, Senator,

18      ask the vice president of Ticketmaster in charge of

19      ticketing, how many referrals he made to your state

20      AG, and he says, "I don't know," he might actually

21      have access to that information.

22             I think that would address it.

23             SENATOR SKOUFIS:  John and Anna, what are

24      your thoughts?

25             JOHN BREYAULT:  Senator, I'm going







                                                             224
 1      respectably disagree with Carl on this one.

 2             CARL SZABO:  Okay.

 3             JOHN BREYAULT:  I do think that -- as

 4      I mentioned in any remarks, that they should be

 5      required to report this.

 6             As Ticketmaster never fails to talk about,

 7      they invest ten of millions of dollars in fighting

 8      bot usage.

 9             Why wouldn't they want to report this

10      information to allies, like the New York Attorney

11      General's Office?

12             We had a federal "bots" statute on the books

13      since 2016.

14             And this January was the very first time that

15      the Federal Trade Commission, and, in fact, as far

16      as I know, any enforcement body, has brought a case

17      against a ticket bot since probably the wise-guys

18      case, which was mid-2000s.  And that wasn't even

19      under federal "bot" statute.

20             So they should have every incentive to report

21      this.

22             Why they don't, I have my suspicions.

23             But I think, given the harm that illegal bot

24      usage poses to consumers, I do think that the

25      organizations that have the data to show that use,







                                                             225
 1      Ticketmaster, other primary ticketers, the venues,

 2      who have access to things like the ticket manifest,

 3      should be required to provide that, and they should

 4      be more willing to do so than pushing back against

 5      requirements that they are required to do so.

 6             BRIAN HESS:  And they do have the ability.

 7             And I think what demonstrates that is what

 8      the "Toronto Star" uncovered a couple of years ago,

 9      when they found out that Ticketmaster, on their

10      resale, was actually helping brokers use bots to

11      circumnavigate the bot detection technology to

12      resell their tickets.

13             SENATOR SKOUFIS:  Hmm.

14             BRIAN HESS:  Ticketmaster has been engaged in

15      this.

16             That's -- that's -- my opinion, why they

17      aren't actively referring the detections over, is

18      they want to be in this space; they want to make

19      all -- you know, take all the sales they can,

20      regardless of if it skirts the law or not.

21             ANNA LAITIN:  I'll jump in and say an

22      absolute yes on, they can do it.

23             On this question of the mandate, I actually

24      haven't given it enough thought, and I would like to

25      spend some more time on that, because I understand







                                                             226
 1      what Carl is saying; but, at the same time, they are

 2      not doing now.

 3             And if a mandate is what it takes, then that

 4      may be the case.

 5             SENATOR SKOUFIS:  Okay.

 6             Senator Kaplan, have you cultivated any

 7      questions as I've rambled on here, or are you good?

 8             SENATOR KAPLAN:  No.  I've actually enjoyed

 9      listening to everybody.

10             Thank you so much for your testimony.

11             I think you highlighted, really, transparency

12      I think is very -- is key.

13             And you all brought very good points.

14             And, again, thank you for coming in, and

15      testifying.

16             SENATOR SKOUFIS:  Yeah, and I'll echo that.

17             I want to thank each of you.

18             You all provided a lot of great information

19      and insight.

20             I suspect that we will be in touch in the

21      weeks ahead as we contemplate the sunset that --

22      that's due on July 1st.

23             But, you know, this is -- this has been

24      terrific testimony.

25             Thanks to each of you.







                                                             227
 1             And thanks to everyone who has hung in there

 2      with us over the last few hours.

 3             This concludes our hearing.

 4             I want to, in particular, thank, from my

 5      office, Evan Gallo, as well as Tara McCoy; and

 6      central staff for assisting with the technological

 7      capabilities here as we have conducted the hearing;

 8      and all my colleagues as well who participated.

 9             Thanks very much, everybody.

10             Enjoy the rest of the day.

11             JOHN BREYAULT:  Thank you, Senators.

12             ANNA LAITIN:  Thank you.

13

14                (Whereupon, at approximately 1:54 p.m.,

15        the public hearing held by the joint committees

16        concluded, and adjourned.)

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