The managers - who represent 400 other bands and artists - have teamed up to create the Resale Rights Society (RRS).
Under their plans, musicians would get a share in the proceeds of every ticket resold on websites such as eBay. RRS chairman Marc Marot said it was "unacceptable" money made from resales did not go to the live music industry.
- Didn't they make their money the first time they were sold? Aren't the resellers taking a risk no one will buy the tickets? Ah, but this tax is for their resellers benefit you see. Read about that here
Click here to read today's full report
Preview and Purchase Arctic Monkeys CDs
Arctic Monkeys MP3 Downloads
.
Have a Happy 4/20 With These Smoking Accessories
Live: Michael Monroe and Donnie Vie Rock Chicago
On The Record: Collective Soul, A Day To Remember And More
Tim Gartland - Right Amount of Funky
Def Leppard, Motley Crue Launching 'Rock The Tides'
Zak Starkey Reacts To Being Fired By The Who
The Devil Wears Prada Share Video 'For You'
ONE OK ROCK Reveal 'C.U.R.I.O.S.I.T.Y.' Video
Militarie Gun & Dazy Team Up For 'Tall People Don't Live Long'
AC/DC Launch High Voltage Pop Up Store
Hear We Came As Romans New Anthem 'Bad Luck'
The Story So Far Plot U.S. Tour This Fall