Oasis ticket seller and promoter bosses get £14.8m

Published On Sep 29, 2024, 10:00 AM

The six directors of SJM, a major ticket promoter and seller involved in the Oasis reunion tour, have received a total dividend of £14.8 million after the firm reported a pre-tax profit of £11.8 million for 2023. This payout comes amid a controversy over dynamic ticket pricing for the tour, which has led to significant backlash from fans and regulatory scrutiny. Despite a reported decrease in total sales from the previous year, SJM is expected to benefit from substantial revenues from the upcoming Oasis tour. Analysts estimate that the tour could generate around £400 million in ticket sales.

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With the potential for significant revenue from the upcoming Oasis reunion tour, SJM's financial performance might improve. However, the ongoing controversy over ticket pricing could impact public sentiment and demand.

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