should ticketmaster have done it years ago? in our view, yes.umer, protect the fans, who are constantly being ripped off by the secondary market, whether that be through the excess of ticket prices or the fees they are charged to trade. while significant, today's move won't stop the touts. campaign group the fanfare alliance which includes ed sheeran has welcomed today's news that same on must be done to stop fans being exploited as a result of their passion for their favourite artists. i'm nowjoined by steve holden, radio 1 newsbeat 5 music reporter. first of all, ticketmaster, the lot of people applauding this but will it work? who knows right now but they are replacing it with this system where it will be fun to fun resale, so if you genuinely cannot make it to the gate you can list your ticket on ticketmaster and a buyer will pay at face value plus up to 15% fee, not the hundreds of pounds that some people are being already on secondary sites. they are being lauded for bringing down the websites in october. they have given no interviews toda

ticketmaster is what is known as a primary ticketing site, big bands go on tour, often ticketmaster isficial tickets. of course, what people find often is that these tickets are snapped up incredibly quickly, especially for the more popular ones, and then they have to go to secondary ticketing fights to try and get hold of tickets that are in demand. the secondary ticketing sites often charge many times the original price for this, so there is a great incentive for ticket touts to snatch as many tickets as they can run the primary sellers like ticketmaster and then put them on inflated prices and make a huge profit on second ticketing sites. they own two of the secondary ticketing sites. it has been in their interest for their subsidiary companies to get a cell the tickets again. now they have said after a lot of criticism that they are shutting down seatwave and get me in and instead will have a system on ticketmaster when people can exchange tickets for no more than the original cover price. there are other secondary ticketing sites. there are. it is not a solution to the whole probl

should ticketmaster have done it years ago? in our view, yes.re constantly being ripped off by the secondary market, whether that be through the excess of ticket prices or the fees they are charged to trade. this move will not stop touts completely. tickets are still sold for increased prices for profit on sites like viagogo. the news has been welcomed but say moore has to be done to avoid fans from being exploited over the love of their favourite artists. let's talk to reg walker, a ticket security expert. what do you make of what ticketmaster have done today, shutting down these second and b cell sites. i think it has to be welcomed. it should have been done some years ago. there has been a clear conflict of interest between ticketmaster as a primary, as tickets being harvested from their main site and then reappearing on these other sites. is there a wider problem in terms of inflated prices? this will do nothing to solve the problem of ticket touting. the underlying problem is how they are being acquired from primary ticket agents such as ti

in the past, ticketmaster has come in for pasticular criticism.ey spears. with her, the best seats quickly sold out, some seeming to go to touts with the tickets appearing for resale on sites including seatwave, which is owned by ticketmaster. some of the tickets being sold with a mark—ups of hundreds of pounds. ticketmaster will now set up a new exchange system where tickets can't be sold for more than the original price — a model similar to the site, twickets, which doesn't allow resellers to charge more than the ticket‘s cover price. should ticketmaster have done this years ago? in our view, yes. we would welcome any change and the change today is great news. but, ideally, everyone should operate in the way we have done over the last six to seven years — that is to protect the consumer, protect the fan that is constantly being ripped off by the secondary market, whether they be a buyer or a seller. campaign group, the fan fair alliance, which includes ed sheeran, says things are now moving in the right direction but the continuing existence of

should ticketmaster have done it years ago? in our view, yes.d operate in the way we have done over the last six years. protect the consumer, protect the fans, who are constantly being ripped off by the secondary market, whether that be through the excess of ticket prices or the fees they are charged to trade. while significant, today's move won't stop the touts. campaign group the fanfare alliance which includes ed sheeran has welcomed today's news that same on must be done to stop fa ns that same on must be done to stop fans being exploited as a result of their passion for their favourite artists. time for a look at the weather. here's darren bett. it's been a funny all day today. we are ending the day quite cloudy across are ending the day quite cloudy a cross m ost are ending the day quite cloudy across most of scotland and northern ireland. here in wales and the south—west, the cloud breaking up, some lovely sunshine. further east across england, here in cambridgeshire we have been in the midst of all the storm clouds, looking very angry. t

ticketmaster is one of the biggest players in the market. stopping profiteering is very good news for the consumer, but there are others that need to move in that direction. a currency crisis in turkey, after the lira collapses amid concerns that european banks could be affected. after a year of rail misery, train travel is now one of the uk's least trusted consumer industries. and a new constitution in cuba means it could become the latest country to legalise same—sex marriage. and coming up on bbc news: dina asher—smith says she's focused on the worlds and olympics next after becoming the first briton to win three golds at a single european championships. good afternoon and welcome to the bbc news at one. the government has launched an initiative to end rough sleeping on england's streets within a decade. ministers are promising millions of pounds to help people turn their lives around, including support for mental health and addictions, and funding for housing. charities have welcomed the investment but say much more needs to be done to t

should ticketmaster have done it years ago? in our view, yes.nge today is great news but ideally everybody should operate in the way we have done over the last six years. protect the consumer, protect the fans, who are constantly being ripped off by the secondary market, whether that be through the excessive ticket prices or the fees they are charged to trade. this move will not stop touts completely. tickets are still sold for increased prices for profit on sites like ebay and viagogo. earlier this year, ed sheeran‘s promoters cancelled more than 10,000 tickets for his stadium tour that had been resold on viagogo. the singer has been one of the leaders for the campaign group the fanfare alliance. it welcomed the news today but also said more had to be done to prevent touts exploiting the passion of fans for their favourite artists. lizo mzimba, bbc news. the uk border force is repeatedly missing its target for passenger waiting times at heathrow airport, according to figures obtained by the airline virgin atlantic. on 30 out of 31 days injuly,

should ticketmaster have done this years ago?ne over the last six to seven years — that is to protect the consumer, the fan thatis is to protect the consumer, the fan that is being ripped off by the secondary market. campaign group, the fan fair alliance, said things are now moving in the right direction, but the continuing existence of secondary sites selling at huge prices means fans still aren't being protected in the way that they could be. newsnight is coming up on bbc two, here's evan davis. tonight, we get a close—up look at the way big city gangs are selling drugs in towns and smaller cities across britain. trade is growing, it is and it's fuelling shocking violence. join me now on bbc two.

should ticketmaster have done this years ago? in our view, yes.ody should operate in the way we have done over the last six years. protect the consumer, protect the fans, who are constantly being ripped off by the secondary market, whether that be through the excess of ticket prices or the fees they are charged to trade. this move will not stop touts completely. tickets are still being sold at increased prices for profit on sites like ebay and viagogo. earlier this year, ed sheeran's promoters cancelled more than 10,000 tickets for his stadium tour that had been resold on viagogo. the singer has been one of the leaders for the campaign group the fanfare alliance. it welcomed the news today but also said more had to be done to prevent touts exploiting the passion of fans for their favourite artists. lizo mzimba, bbc news. the labour leaderjeremy corbyn says he would "of course" be open to the labour party adopting, in full, the internationally recognised definition of anti—semitism including all examples. the party has faced criticism that its new

ticketmaster announces the closure of its resale sites to try to combat touts hiking up prices.lity, after its currency sank to an historic low. i'm ben bland. in the business news: turkey's central bank has said it is ready to take "all necessary measures" to ensure financial stability after the collapse of the lira. it has vowed to provide banks with "all the liquidity" they need. this is all after a worsening diplomatic row with the us prompted market turmoil in the country. shares in bayer — the german pharmaceuticals and chemicals giant — have fallen almost 10% in early trading in frankfurt. it's the first time they've been traded since an american court ruled that one of monsanto's weedkillers was linked to a man's cancer on friday and ordered a damages pay—out of nearly $300m. bayer completed its takeover of monsanto in june. monsanto denies the cancer link and says it will appeal. almost half of older workers feel unsupported by their employers, despite the fact that millions are working longer, according to research published by aviva today. it warns that a failure to s

ticketmaster announces its closing its resale sites to try to combat touts who hike up prices.ding sex before marriage and same—sex relationships

ticketmaster is closing two secondary ticketing websites. to combat touts who hike up prices. sports day isn't a moment. coming up this evening: as grouse shooting season gets under way will be in yorkshire where there were protests over the weekend calling for yorkshire water to ban the practice on the thousands of acres of more land it owns. it will also look at the raids by west midlands police as it aims to close down the shops they say are fuelling an increase in car that. later on, we will be reviewing tomorrow's newspapers with kate proctor and chakrabarti from newspapers with kate proctor and chakra barti from the telegraph. newspapers with kate proctor and chakrabarti from the telegraph. that is all ahead this evening. now time for sports day. you're live at the bbc sport centre. i'm chris mitchell. coming up on sportsday for you... the test in court is almost at an end. now ben stokes awaits the verdict of the jury. will europe face a woods like this at the ryder cup? tiger will need a wild card to make it. i realise tiger is a sto

ticketmaster is closing two of its secondary ticketing websites which allow people to offload unwantedtouts who hike up prices. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are kate proctor, political correspondent of evening standard and dia chakravarty, brexit editor of the telegraph. thank you so much for being with us once again. many of tomorrow's front pages are already in. the top story in the i is the anticipated sharp increase in rail fares. the paper says ticket prices are rising twice as fast as wages. the mirror has a story about scammers posing as investors via cold—calls and stealing more than £46 million. the sun's top story is also about a scam. a lottery winner who married a man who reportedly stole £13,000 from tesco. the telegraph leads withjeremy corbyn‘s response to israeli prime minister benjamin neta nyahu's criticism of his presence at a wreath—laying ceremony. the daily mail also has that attack by mr netanyahu's on mr corbyn on its front page. mr corbyn‘s wreath—laying controversy appears again on the metro a

they did it with home shopping network and ticketmaster and others another stock we adore on live moneythey find brands with a lot of potential and nurture them and spin them out to harvest the profit in 2016, match group ipl, although they still own more than 50% of the business they get a better valuation when they trade independently it's so far been a huge home run. i thought it was a match company, like diamonds but since become very enlightened. that's when i told you the stock with the parent company had a lot more room to run since then, iac has given you a 5% gain thanks in part to the rally just last week iac is still after that rally, way too cheap on what we call the satp, or sum of the parts. if you feel you missed it, don't worry, in the words of bachmann turner overdrive, you ain't seen nothing yet. how can i be so confident on this i can do basic arithmetic. not every stock is that way. but iac, it's like they're trying to unite all the gangs in new york city and asks, can you count? look, if you can count you can see the value composition here iac owns 87% of angie's ho

if i understand this correctly the asset is the music but the trading you've ruled scalping and ticketmastero one which is the om token and i can then trade it legally. >> well imagine a world where a ticket is completely verifiable, the adoption technology, via the progress that that ticket makes across lots of transactions and then you can really see well what's the value of this ticket? i think that we can create a platform that enables price discovery of tickets and also prevents scalping and ticket fraud in the future and that's one of the main goals of our music festival. >> who gets those tokens if people watching now and how do they make money? is it trading the tokens or investing directly into omf? >> well interestingly enough for our fundraising round we're actually iron youing both equity and tokens as a means of protecting investors because we're still figuring things out. i think the entire space is early there are lots of different types of tokens we might work into our echosystem and our goal is to build a multi -token echosystem where different tokens have different purposes

ticketmaster have closed them down and campaigners say it is great news that they will replace it withary ticketing websites out there. campaigners are concerned people might pay over. it is an issue we've talked about a lot. that issue we've talked about a lot. that is breaking through into the industry. and the heathrow queues. yes. some of us have had queues elsewhere. yes. this is how heathrow are dealing with it. one of britain's biggest airlines has resorted to have a welcome carte offering stacks. if you have been in a queue for three hours, just to get through. it might help. well, i have it wrong. fair enough. just a bottle of water. if you are standing for an hour. if someone says, i am sorry, would you like some cake's? would you like some you hour. if someone says, i am sorry, would you like some you would say, i would, and i will stay for another hour. you are whingeing in a queue —— cake? hour. you are whingeing in a queue -- cake? the front of the daily telegraph... i am far more complex than that. no, you're not. the front of the daily telegraph, here is a man who won't