So what's up with the 17 states that didn't get on board? They're perfectly comfortable with Ticketmaster fucking over their citizens?
Yes.
We need smaller concerts in non-corporate venues then BOOM!..."remember Ticketmaster? We handle it ourselves now. The fans aren't gouged and the artists make more money because the greedy middle-man got removed".
Except a lot of record companies have clauses in artists contracts forcing them to play at Live Nation venues
It's about time! I remember Ticketmaster going through the Congressional Dog & Pony show 20 years ago, or so, and as usual with those things, after all the bloviating is over, NOTHING changes. They figured they got through it, and now they can exploit to their greedy black heart's content.
Then Taylor Swift's Eras Tour happened, and every politician's wife & daughter wanted tickets, and they found out first hand a) how hard it is to get tickets, and b) how ridiculously expensive they are. With their households in an uproar, they turned their anger and frustrations toward Ticketmaster, or Live Nation, or whatever alias they're criming under these days, and now it has led to their demise.
This is the Free Market at work. They got so greedy, that eventually they pissed off the people they counted on to protect them. Good, they deserve it, they are one of the most ruthlessly exploitive companies in existence, along with tobacco and gambling companies.
When 33 states request a monopoly to be broken up and a jury states there are damages from the monopoly then that should be all there is.
The only thing wrong with the article is that Ticketmaster/Live Nation isn't a monopoly, it is a Super Monopoly because it owns ALL aspects of the industry ... from the advertising to the add on fees when you shop for tickets the food and drink vendors, even the merchandise distribution. As the article said TM is starting to buy arenas and theatres.
They even have a deal with scalpers, so they make a piece of that money, too. That gives them motivation to give access to scalpers so they make money off the initial sale, as well as the scalped sale.
All they have to do is bribe Trump
They already did! The DOJ already settled, surprising and angering the judge who was kept out of the loop about settlement talks. But the states refused to go along with Trump’s sham settlement, took over the trial on short notice, and still won.
...and they will. They know the drill.
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