After announcing the support of the Concert Promoters Association for the new Resale Rights Society at the ILMC 20 this year, Jazz Summers, Chairman of the Music Managers Forum and co-founder of Big Life Management says that eBay owes the artist community £10million.

That claim follows eBay's announcement last week that it will force people who resell tickets to charity shows via the auction website to pass at least 20% of their profit back to whatever cause the show was set up to support - and Summers says that he reckons ticket touts made £50million by reselling tickets on eBay last year, and if the auction website now admits that the beneficiary of a concert should be due a fifth of the profit, the beneficiary of the non-charity events - ie the artists and promoters - should also get their cut - hence the £10million figure.

The MMF has launched the Resale Rights Society, headed up by Mark Marot to offer ticket auction sites legitimacy in return for a commitment to pass a cut of any touting profits back to the artist and promoter community. Music Tank have organinised a seminar on the whole area (hopefully immediately following the UK governments latest output on the issue of touting) with a keynote from Mark Marot and "will explore the viewpoints of managers, resale agents, promoters, venue owners and the general public, asking whether effective self-regulation can succeed in the murky world of secondary ticketing?"

The panel will include Eric Baker (Founder & CEO, Viagogo), John Whittingdale (MP, Maldon & East Chelmsford & Chairman, DCMS Select Committee ) and Carl Leighton-Pope (MD, Leighton-Pope Organisation). Keith Harris (PPL) chairs.

The date is the 18th March at the MCPS-PRS Alliance, Berners Street, London; Time: 18.30 - 21.00hrs. www.musictank.co.uk/events/ticket-touting-going-going-gone