Tickets for the star-studded benefit concert on 12/12/12 for Hurricane Sandy relief efforts sold out immediately. But they appear on sites such as StubHub with severely inflated prices. Sen. Charles Schumer asked ticket marketers to stop accepting these listings. According to The New York Times, the senator sent a letter to four online ticket sellers asking them to stop letting others profit from a charity event.
Schumer said, “Every dollar spent for these concert tickets should go to help the victims of Superstorm Sandy, not to line the pockets of unscrupulous scalpers. Ticket resale Web sites have the opportunity to make it much more difficult for scalpers to make money off this charitable event, and they should seize it.” Tickets for the show range from $150 to $2,500 at face value. However, re-sell sites are pricing them anywhere from $525 to $48,000. Performers include Bruce Springsteen and Paul McCartney.
Reacting to negative comments, StubHub donated more than $300,000 from ticket proceeds to the Robin Hood Foundation. The original host site for the sales, Ticketmaster, noted that during the original ticket sales scalpers were using programs to pick up as many tickets as possible. Ticketmaster blocked thousands of these sales.