𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐋𝐞𝐠𝐚𝐥 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 𝐀𝐫𝐨𝐮𝐧𝐝 𝐓𝐢𝐜𝐤𝐞𝐭 𝐒𝐜𝐚𝐥𝐩𝐢𝐧𝐠 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚 ANM Global is elated to share an article on Ticket Scalping in India authored by Ritisha Mukherjee, Senior Associate and Shrija Verma, Associate. The article delves into the prevalent issue of ticket scalping, which affects major events, including concerts, sports matches, and festivals. With a focus on the Coldplay 2025 concert in Mumbai, the article highlights legal implications under the Bhartiya Nyaya Sanhita, 2023, and the Consumer Protection Act, 2019, alongside recent actions taken by authorities to curb this practice. Read the article to understand the legal frameworks surrounding ticket scalping and its impact on genuine consumers in India. #TicketScalping #ConsumerProtection #Coldplay #LegalUpdate #LegalInsights #Mumbai #Delhi
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From Coldplay concerts to Diljit Dosanjh live shows, the demand for such event tickets on online platforms is booming. It reflects a new trend of prioritizing experiential spending over material goods in India's massive middle-class population. #CholaSecurities #Stockbroker #concerts #India #spendinghabits Cholamandalam Investment and Finance Company Limited Murugappa Group SenthilKumar N Mariam Mathew Sridhar Ananthanarayanan shankar venkatachalam Amit Kumar Dharmesh Kant Ritesh Baweja Raghavendra Nayak Rajendra Mahakud Ravikumar G Vishwanath Raman Sriram V Adrija Das
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While I was in the queue for Coldplay tickets, it hit me that India’s market has truly arrived. From 2 shows to 5, with ₹40K+ tickets selling out in minutes, we’ve come a long way. Remember when international artists skipped India because "the market wasn’t ready"? Not anymore. This isn’t just about Coldplay; it’s about a new India, confident and ready to invest in experiences. The same people who once hesitated over a ₹1000 spend are now embracing premium concerts without a second thought. Indians today are willing to spend on experiences that resonate deeply with their passions. For marketers, it’s a clear signal: India’s experience economy is booming, and global brands can no longer afford to sit this one out. The demand isn’t just growing. It’s booming! And yes, I'm one of the 570,667 people in the queue for the tickets. #Coldplay #Coldplaytour #ColdplayIndia #Bookmyshow BookMyShow
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As Coldplay gears up for their much-awaited India Concert 2025, it feels like we’re living through "A Sky Full of Stars," where fans are shining with excitement. Yet, this "Adventure of a Lifetime" comes with its own challenges. The scarcity of tickets can create an overwhelming demand, making "Every Teardrop a Waterfall" for those who might miss out. While limited seats can drive profits to "Higher Power," it can also lead to a "Paradise" for ticket scalpers and black market dealers, putting genuine fans at risk of exploitation. We need to ensure this doesn’t become a "Viva La Vida" moment for the wrong reasons, where the rush to attend the concert leads to inflated prices and unfair access. Let’s create an "Everglow" for all fans by focusing on fair, transparent ticketing and making sure everyone can enjoy Coldplay's magic without resorting to secondary markets.' #ColdplayIndia2025 #SkyFullOfStars #ConcertScarcity #TicketingTransparency #VivaLaVida
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Coldplay tickets selling out in seconds shows more than just love for a band—it’s a sign of how much India is ready for experiences that bring people together. Three lakh people vying for tickets, extra dates being added, yet everything sells out instantly. It’s like a race against time, even faster than booking a Tatkal ticket on IRCTC! Mumbai alone could keep them busy for weeks, but imagine an all-India tour. It’s not just about Coldplay; it’s about how India is becoming a global hotspot, not just for tech and business but for culture, music, and experiences. "Make in India" is growing strong, but the world is starting to notice something new: India is a market unlike any other, soon to rival the US and Europe. Maybe it’s time for artists and businesses to see that too. An all-India tour? That would be house full, no doubt. #Coldplay #IndiaRising #BiggerMarket
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India Data to Watch - Entertainment industry: 23 Lakh movie tickets sold on single day -1st Nov 10.08 lakh people who watched Pushpa 2 solo Live events : 887166 people who attended live events 477393 users travelled to different cities to attend event . 30687 live events held in 2024 . 682 % growth in ticket sales for live events in Tier 2 cities
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What began as a survival instinct — hoarding — has evolved into a tool for profit. Now, instead of essentials, people hoard access. The frenzy is evident when tickets for events like #DiljitDosanjh’s or #Coldplay’s concerts, sell out within minutes — only to reappear online at exorbitant prices. From #IPL matches to #music festivals, online ticket scalping has become a widespread phenomenon. While ticketing platforms and limited regulations attempt to curb the practice, the absence of stringent govt intervention has allowed it to flourish unchecked. Historically, ticket scalping in #India was synonymous with black marketing. Outside #cinema halls, vendors ran the “Dus-Ka-Bees” scheme, exploiting demand for blockbuster #films. Over time, the practice has evolved into a more sophisticated operation, migrating online. Scalpers now use bots and automated tools to hoard tickets in bulk, leaving ordinary consumers struggling to secure access to popular events. But what are the legal implications of scalping in India? Are there loopholes in regulations? Click on the 🔗 below to read our in-depth story on ticket scalping, the challenges and the path forward in India 👇🏽 https://lnkd.in/g2FXtFEM
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🎤 Coldplay’s Concert Revenue in India: A ~$16.5 Million CAD Affair! 🎤 After spending my Sunday patiently (and fruitlessly) waiting in the BookMyShow queue, the Gujju 🧬 in me couldn’t resist crunching some numbers on the massive revenue Coldplay just generated in India! Let’s dive into the math: 📍 Venue Capacity: DY Patil Stadium, Mumbai (45,300 seats) I broke it down based on the seat distribution and pricing available on BookMyShow: 1. Block Seating (30,000 seats) Assuming each level block has 1,000 seats, spread across 30 blocks: 💰 Revenue: ~$3.08 Million CAD (Rs 18.6 Crores) 2. Lounge Seating (1,500 seats) Priced at Rs 35,000 per seat: 💰 Revenue: ~$870K CAD (Rs 5.25 Crores) 3. Ground Standing (13,800 people) Priced at Rs 6,450 per ticket: 💰 Revenue: ~$1.48 Million CAD (Rs 8.9 Crores) Total Revenue per Concert: ~$5.43 Million CAD (Rs 32.75 Crores) Now, considering 3 concerts, Coldplay has likely generated a whopping ~$16.3 Million CAD (~Rs 100 Crores) from their India tour alone! 🤯 And this doesn’t even include the black market! 🎟️ Disclaimer: These calculations are based on estimates from available data, but it’s fascinating to see how much revenue a mega-event like this can generate. #Coldplay #ConcertRevenue #BusinessOfMusic #EventEconomics #DataAnalysis
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Amazing article by Prashant Puri, Mihir Joshi CFA, Rashi Ray & Social Samosa. As brands increasingly focus on expanding their reach into Tier III and IV regions, celebrating the diverse festivals and cultural nuances across the entire country presents a significant opportunity. While major festivals like Diwali, Navratri, and Holi dominate brand calendars, many regional festivals often go unnoticed, despite their rich cultural significance and potential to connect deeply with local communities. By recognizing and celebrating these regional festivals, brands can tap into a wealth of untapped opportunities. These festivals offer a unique platform to resonate with local consumers on a more personal level, fostering a sense of belonging and cultural appreciation. This approach can not only strengthen brand loyalty but also drive significant business growth in these regions. Moreover, acknowledging and celebrating regional festivals can help brands differentiate themselves in a crowded market. By showcasing their understanding and respect for local traditions, brands can position themselves as culturally sensitive and inclusive organizations. This can lead to increased brand trust and positive word-of-mouth, ultimately driving sales and customer satisfaction. I feel embracing the diversity of India's regional festivals presents a compelling opportunity for brands to forge stronger connections with consumers in Tier III and IV regions. By going beyond the conventional festival calendar and celebrating the unique cultural tapestry of the country, brands can unlock new avenues for growth and create lasting brand impact. https://lnkd.in/dAXWCFrd #Advertising #Marketing #RegionalFestivals #Festivals #Brands
As brands increase their focus on making a stronger footing in Tier III & IV regions, celebrating the entire country’s festivities and cultural differences can go a long way. We look at why a few festivals don't make it to the calendar and the missing opportunity that lies in celebrating regional festivals. Experts: Prashant Puri, Co-Founder & CEO of AdLift India Mihir Joshi CFA, Co-Founder of 1702 Digital Rashi Ray, Director at Response India Pvt Ltd Read the full story with the link in Comments. #Advertising #Marketing #RegionalFestivals #Festivals
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Coldplay Concert Scandal: Are Fans Being Cheated by Ticketing Giants? The much-awaited Coldplay concert in Mumbai has taken a controversial turn. Ashish Hemrajani, CEO of BookMyShow, has reportedly missed the first summons from the Mumbai Police’s Economic Offences Wing (EOW) regarding complaints of ticketing irregularities. A second notice has now been issued. Reports suggest that ticket prices, originally sold at ₹5,000 to ₹50,000, were being resold in the black market at exorbitant rates, with some tickets fetching as high as ₹3 lakhs! This highlights a pressing issue within the live entertainment industry—ticket scalping and the challenges of maintaining transparency. As we await further updates, this incident is a reminder for businesses in the event and ticketing industry to prioritize fair practices and customer trust, especially in high-profile events where demand surges. #Coldplay #BookMyShow #TicketScalping #EthicsInBusiness #Transparency #EntertainmentIndustry #EventManagement #LeadershipInFocus #Concerts News Source: https://lnkd.in/gs7X3bPi Image Source: India Today Digital
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When the #coldplay announced its concert in India, the entire nation went crazy, with the tickets being sold in just minutes and the queue for tickets exceeding "one crore people!" on BookMyShow. All being said, my business mind got fired up, and I got curious about how much revenue Coldplay generated for their three-day concert. So I booted up my computer and opened Excel. I did a bit of digging around for the data needed. 1. The Concert is being hosted at DY Patil Sports Stadium in Navi Mumbai, with a whopping 55,000 seats (Finding the exact seating arrangement in all the blocks of the stadium was quite challenging; I assume it was done for security reasons. Hence, I took the data of a typical stadium and its sitting arrangement along with data of some existing seating arrangements of other stadiums whose data was available) 2. After estimating the seating arrangement per block, I did the math (which you can refer to in the Excel sheet image below). The revenue generated by Coldplay for one day BLEW MY MIND! Revenue per day = 44.4 Crore and Total Revenue (3 Day Concert) = 133.2 Crore In Addition to the Revenue generated by ticket sales, Merchandise Sales, advertisements, Media and Broadcasting Rights, etc, will add more revenue to the Coldplay India Tour. I personally expect a total revenue increase of more than 30 crore with the other revenue types. From this analysis, I have realised that music concerts like Coldplay’s are more than just entertainment—they're economic powerhouses. Concerts also boost local economies by drawing in crowds who spend on travel, accommodation, food, and local services. For businesses and brands, these events offer major opportunities for partnerships, promotion, and customer engagement. Ultimately, concerts create a ripple effect, benefiting not only artists and organizers but also local communities and industries. #ColdplayIndia #ConcertEconomics #RevenueAnalysis #BusinessStrategy #EventManagement #MusicIndustry #ColdplayConcert #EntertainmentEconomy #ExcelAnalysis #DataDrivenDecisions #NaviMumbai #DYPatilStadium #BrandPartnerships #MusicBusiness #LiveEvents #EconomicImpact #ColdplayRevenue #IndiaConcertTour #MarketingOpportunities #MerchandiseSales #TicketSales #EventRevenue #LocalEconomyBoost #MusicTour
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