Radiohead sidesteps secondary ticket market, partners with fan-to-fan Ticket Trust for U.K. Tour

From Billboard:

Radiohead is looking to sidestep the thriving secondary ticketing market by partnering with the fan-to-fan orientated Ticket Trust for its forthcoming U.K. tour.

The Ticket Trust was established in 2011 by the U.K. Association of Independent Festivals (AIF) and U.K.-based merch and e-commerce company Sandbag to offer a secure ethical alternative to the thriving secondary ticket market. The independently run Trust, which has previously partnered with a number of U.K. festivals, including Secret Garden Party, Bestival and Creamfields, provides a platform for fans to buy and sell tickets at face value, plus a handling fee, capped at 10%, payable by the buyer.

Although dates for Radiohead’s 2012 U.K. trek are yet to be announced, the band has pledged that any tickets sold through its w.a.s.t.e. merch store will be made exchangeable for face value via the Ticket Trust, if the owner can no longer attend.

Radiohead is the first high-profile artist to directly align itself to the enterprise. Joining the band in signing up to the Ticket Trust is the Eden Sessions, a series of summer concerts staged at the Eden Project, Cornwall. Blink-182, Plan B and British electronic artist Example are confirmed to appear at this year’s event. U.K. festival the Secret Garden Party has also signed up to the service, with Bestival among those set to register, according to a spokesperson for the Ticket Trust.

“Radiohead are fortunate enough to have a loyal and passionate fan base cultivated over many years,” says a statement from Radiohead’s managers, Chris Hufford and Bryce Edge of Courtyard Management.

“Their live shows are well anticipated and rightly create a tangible sense of excitement through innovative staging. In recent years however, the band’s enjoyment of their own shows has been marred by the knowledge that a great many of their fans have been obliged to pay well over face value for their tickets,” the statement continues. “Secondary ticketing is wrong on so many levels and as management, with ultimate responsibility for the welfare of the band, we must ensure that their fans are treated fairly. This is why we are happy to work with The Ticket Trust.”

Continue reading the rest of the story at Billboard