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truereviewmagazine.com > Blog > music > Ed Sheeran’s Stance on Royal Albert Hall’s Investor Seating Sparks Controversy
music

Ed Sheeran’s Stance on Royal Albert Hall’s Investor Seating Sparks Controversy

Melissa Garcia
Last updated: 2023/10/21 at 8:37 AM
By Melissa Garcia 5 Min Read
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Ed Sheeran has expressed his reservations regarding the Royal Albert Hall’s plan to sell a portion of its seats to investors, who subsequently resell them at marked-up prices.

At present, 319 individuals hold long-term leases, spanning 999 years, for a total of 1,268 seats at this prestigious London venue. There is a parliamentary bill under consideration, which, if passed, would authorize the hall’s governing body to make an additional 52 seats available for investors.

Sheeran strongly disapproves of the practice wherein these seat-holders profit from reselling tickets at significantly elevated rates. His representatives have conveyed this stance in a letter, emphasizing the earnest efforts made by Sheeran’s team to ensure that his tickets remain accessible to genuine fans at their original cost. The letter also criticized certain unscrupulous ticket resale platforms where tickets are frequently listed well above their face value.

Ed Sheeran

During a recent discussion in the House of Lords concerning the bill, it came to light that tickets for a Sheeran concert at the Royal Albert Hall, initially priced at £200, were being resold on secondary platforms for as much as £6,000.

The Royal Albert Hall, a charitable institution, hosts approximately 400 events each year, encompassing a wide range from the Proms to popular music concerts, with a total seating capacity of 5,272.

The hall’s origins in 1871 were partially funded by individuals who, in return for their investment, were granted seating privileges. Presently, these seat-holders include companies, charities, and individuals, some of whom have preserved ownership of seats for generations dating back to the 19th century.

Seat-holders who choose not to attend a specific event have the option of returning their tickets to the hall’s box office, albeit with a 10% deduction from the original ticket price. Nevertheless, in recent years, certain seat-holders have opted to resell their tickets on third-party websites at substantially higher rates.

The Royal Albert Hall’s proposition to sell additional seats necessitates an adjustment to the Royal Albert Hall Act of 1966.

Ed Sheeran

Lord Hodgson, a vocal critic of this initiative, has pointed out that genuine fans of Ed Sheeran are being financially strained by the high resale prices. He cited a glaring example where a £100 ticket for the Last Night of the Proms was listed for resale at £1,218, underscoring the profit potential in this practice.

A spokesperson for the Royal Albert Hall has clarified that the proposed changes are intended to bolster the hall’s post-pandemic financial recovery, enhance its Grade I-listed building, and continue its outreach programs, which annually engage with over 100,000 people of diverse backgrounds.

Complaints have also arisen from fans of Liam Gallagher, as tickets for his forthcoming Definitely Maybe tour were promptly available on third-party platforms at inflated prices after selling out. Viagogo, for instance, advertised these tickets on a Friday afternoon for prices ranging from £180 to £409.

In July, Cris Miller, the CEO of Viagogo, defended the company’s operations, emphasizing that some fans prefer not to endure the uncertainty of ticket queues. He reiterated their commitment to enabling fan access to global events and stood firm on not apologizing for their services.

Ed Sheeran

Ed Sheeran is a highly acclaimed English singer-songwriter known for his heartfelt and relatable music. He was born on February 17, 1991, in Halifax, West Yorkshire, England. Sheeran’s music spans various genres, including pop, folk, and acoustic, and he is recognized for his distinctive style that combines storytelling with soulful melodies.

His career took off with the release of his debut album, “+,” in 2011, which featured hits like “The A-Team” and “Lego House.” Sheeran’s sophomore album, “x” (pronounced “multiply”), released in 2014, solidified his place in the music industry. It included chart-toppers such as “Sing” and “Thinking Out Loud.” The latter song earned him several Grammy Awards, including Song of the Year.

Ed Sheeran’s third album, “÷” (pronounced “divide”), released in 2017, continued his string of hits with tracks like “Shape of You” and “Castle on the Hill.” These songs became massive commercial successes, and “Shape of You” spent weeks at the top of the charts worldwide.

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TAGGED: #EdSheeran, #InvestorSeats, #LiveMusic, #LondonEvents, #RoyalAlbertHall, #TicketResale
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