Vermont has just passed a new law that limits how much concert tickets can be resold for. The law, known as bill H.512, caps resale prices at 110 percent of the original ticket price. This makes Vermont the first state in the U.S. to set a limit on secondary market ticket sales. Noah Kahan, a popular artist from Vermont, supported this bill and even testified in favor of it.
Kahan’s manager, Drew Simmons, believes this is just the beginning of a trend that will help create a better environment for artists. He told a local newspaper that this change is important for the music industry.
However, not everyone agrees with the new law. Brian Berry, who represents ticket resale sites like StubHub and SeatGeek, argues that price caps won’t solve the problem of high ticket prices. He believes people will just sell tickets elsewhere if they can’t get a good price in Vermont.
In other news, Noah Kahan is set to kick off a U.S. tour in June to promote his new album, The Great Divide. Fans are excited to see him perform live!
