Sandy relief concert tickets being resold at huge markups - FOX 10 News | myfoxphoenix.com

Superstorm Sandy

Sandy relief concert tickets being resold at huge markups

Posted: Updated:
MYFOXNY.COM -

Bruce Springsteen, Billy Joel, and Alicia Keys are just a few of the big-name acts banding together with the Robin Hood Foundation to raise millions of dollars for victims of Superstorm Sandy at the 12-12-12 Sandy benefit concert at Madison Square Garden.

But now there are concerns that some of the money from tickets sales will go to lining scalpers' pockets, instead of rebuilding hard-hit areas.

Tickets for the event were originally priced from $150 to $2,500. But Fox 5 found some relisted for more than 5 times or 10 times the face value on sites like StubHub. One floor seat ticket is even going for $60,000.

StubHub said it will donate all of its proceeds from the ticket re-sales to Sandy recovery. But that is only a tiny percentage of what resellers stand to make on tickets that are marked up way above face value.

StubHub released this statement: "We have great sympathy for the charitable goals of the 12-12-12 Sandy Relief concert and, as has been reported, StubHub will be donating all service fees and commissions for the event to the Robin Hood Relief fund, the intended beneficiary of the concert. The StubHub marketplace does not technologically operate with price controls and restrictions and given that limitation we believe that StubHub offers the most consumer-friendly ticketing platform and keeping the marketplace open will maximize the financial contribution to this critically important charity. We intend to continue to allow resale for this event and encourage all ticket sellers to donate a share of proceeds to the charity as well."

  • Manhattan NewsManhattan NewsMore>>

  • Another video shows NYPD cop putting man in choke hold

    Another video shows NYPD cop putting man in choke hold

    Wednesday, July 23 2014 10:08 PM EDT2014-07-24 02:08:13 GMT
    The NYPD is investigating another apparent choke-hold incident during a recent arrest that was captured on video. The video shows a police officer putting a man in a choke hold and then punching him in the face in a subway station in Harlem, police said. A community activist said he received the new video but never had any intention of releasing it to the media.
    The NYPD is investigating another apparent choke-hold incident during a recent arrest that was captured on video. The video shows a police officer putting a man in a choke hold and then punching him in the face in a subway station in Harlem, police said. A community activist said he received the new video but never had any intention of releasing it to the media.
  • Some StubHub accounts breached

    Some StubHub accounts breached

    Wednesday, July 23 2014 4:34 PM EDT2014-07-23 20:34:20 GMT
    Six people were indicted Wednesday in an international ring that managed to take over more than 1,000 StubHub users' accounts and fraudulently buy tickets to such prime events as Jay-Z and Elton John concerts, a New York Yankees-Boston Red Sox game and Broadway shows like "The Book of Mormon," the Manhattan district attorney said. Manhattan District Attorney Cyrus R. Vance Jr. said the thieves would then resell the tickets and split up the proceeds.
    Six people were indicted Wednesday in an international ring that managed to take over more than 1,000 StubHub users' accounts and fraudulently buy tickets to such prime events as Jay-Z and Elton John concerts, a New York Yankees-Boston Red Sox game and Broadway shows like "The Book of Mormon," the Manhattan district attorney said. Manhattan District Attorney Cyrus R. Vance Jr. said the thieves would then resell the tickets and split up the proceeds.
  • Bloomberg flies to Israel in show of support

    Bloomberg flies to Israel in show of support

    Wednesday, July 23 2014 4:12 PM EDT2014-07-23 20:12:27 GMT
    Former New York Mayor Michael Bloomberg flew to Israel via a commercial El Al flight despite an FAA ban on U.S.-based airlines flying to Tel Aviv. Israeli Prime Minister Benjamin Netanyahu met Bloomberg on the tarmac outside the El Al jet Wednesday at Ben Gurion International Airport.
    Former New York Mayor Michael Bloomberg flew to Israel via a commercial El Al flight despite an FAA ban on U.S.-based airlines flying to Tel Aviv. Israeli Prime Minister Benjamin Netanyahu met Bloomberg on the tarmac outside the El Al jet Wednesday at Ben Gurion International Airport.
  • EntertainmentMore>>

  • Zoe Saldana expecting first child

    Zoe Saldana expecting first child

    Zoe Saldana is pregnant and expecting her first child with husband Marco Perego, her publicist confirmed to The Hollywood Reporter.
    Zoe Saldana is pregnant and expecting her first child with husband Marco Perego, her publicist confirmed to The Hollywood Reporter.
  • Celebrities, hangovers and concierge IV drips

    Celebrities, hangovers and concierge IV drips

    Wednesday, July 23 2014 10:21 PM EDT2014-07-24 02:21:17 GMT
    Just when you thought you have heard of everything we turn our attention to Hollywood for the latest in concierge medicine. Celebrity daughter and TV host Kelly Osborne recently showed off getting an IV drip. But she wasn't at a hospital. She was at home. She is one of many celebrities using expendable income on intravenous drips filled with things like saline, potassium, anti-inflammatory or anti-nausea meds, or vitamin B12 to help them recover from a hangover or exhaustion.
    Just when you thought you have heard of everything we turn our attention to Hollywood for the latest in concierge medicine. Celebrity daughter and TV host Kelly Osborne recently showed off getting an IV drip. But she wasn't at a hospital. She was at home. She is one of many celebrities using expendable income on intravenous drips filled with things like saline, potassium, anti-inflammatory or anti-nausea meds, or vitamin B12 to help them recover from a hangover or exhaustion.
  • Robert Downey Jr. named Forbes' highest-paid actor again

    Robert Downey Jr. named Forbes' highest-paid actor again

    For the second year in a row, Robert Downey Jr. topped Forbes' annual list of the highest-paid actors in Hollywood.
    For the second year in a row, Robert Downey Jr. topped Forbes' annual list of the highest-paid actors in Hollywood.
Powered by WorldNow

KSAZ-TV & KUTP
511 W. Adams St.
Phoenix, AZ 85003

Phone: (602) 257-1234
Fax: (602) 262-0177

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices