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submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world

Feds subpoena Ticketmaster over egregious concert ticket prices — A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn't “feel comfortable” sharing information with Congress::A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn't “feel comfortable” sharing information with Congress.

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[-] realitista@lemm.ee 133 points 2 years ago

Ticketmaster/Live Nation is one of the most blatant monopolies in all of history. They should be torn to shreds.

[-] Bonskreeskreeskree@lemmy.world 38 points 2 years ago

Most people don't even know how many music venues the monopoly has acquired over the past 20 years

[-] slumberlust@lemmy.world 25 points 2 years ago

It's be easier to count the ones they haven't gotten, on one hand.

[-] ipkpjersi@lemmy.ml 21 points 2 years ago

I'm shocked it's been allowed. They have been a monopoly for decades.

[-] BearOfaTime@lemm.ee 9 points 2 years ago
[-] kWazt@lemmy.world 7 points 2 years ago

Live Nation and Ticketmaster merged in 2010. Why the merger was greenlit in the first place is beyond me.

[-] DeathWearsANecktie@lemm.ee 11 points 2 years ago

For sure, this shit has been bothering me for years. For as long as I can remember, Ticketmaster has been the only way of getting tickets to big events near me. And I presume it's the same for everyone else too.

How have they got away for so long without any competition?

[-] OhmsLawn@lemmy.world 6 points 2 years ago

Torn to shreds and soaked in lye until a smooth pulp is formed.

[-] adaveinthelife@lemmy.ca 94 points 2 years ago

Is it the kind of discomfort one feels when they need to use a bathroom but there is only one for a 10,000 person event? Or the kind of discomfort one feels when it's a record heat wave but a bottle of water is $20 and despite advertising free water stations, there are none? Oh or maybe the discomfort in paying mystery fees that equal the price of the ticket?

Or maybe the kind of discomfort that only an illegitimate business model about to be exposed would evoke?

[-] Adalast@lemmy.world 15 points 2 years ago

Sounds more like the discomfort of buying a ticket to a show for someone they think won't be popular when they go on sale for $20 then having your tickets cancelled the week before the show when they blow up on YouTube and the show sells out in hours for over $200/ticket.

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[-] e_mc2@feddit.nl 13 points 2 years ago

I sure hope it's all of the above combined times a zillion.

[-] A_Random_Idiot@lemmy.world 6 points 2 years ago

This sounds like the ravings of some woke anti-capitalist! /s

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[-] ohlaph@lemmy.world 91 points 2 years ago

I don't feel comfortable with their prices.

[-] Rentlar@lemmy.ca 38 points 2 years ago

I don't feel comfortable with their monopolistic and anti-competitive practices either.

[-] firewyre@lemmy.world 77 points 2 years ago

See what happens when you don't jail cunts that ignore congressional subpoenas?!?

[-] CptOblivius@lemmy.world 69 points 2 years ago

In the early 2000s Ticketmaster began to really take off. The fees and extras really started to bother me. So I stopped going to any events that used them. Other than a few state/county fair events I haven't been to a concert since 2001. Because of Ticketmaster. I have no regrets either.

[-] ilinamorato@lemmy.world 68 points 2 years ago* (last edited 2 years ago)

When your kids say "don't look in my pockets!" they definitely have something there you need to see.

[-] SaakoPaahtaa@lemmy.world 17 points 2 years ago

When your dog pushes back on you trying to pry open their mouth, you know where the missing family cockatoo is.

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[-] lemann@lemmy.one 56 points 2 years ago

Release the dogs on them. Live Nation has done nothing but rip off concert goers and harm small bands with their ridiculous fees and contractual venue restrictions, and this is without even touching on the horrible ticket scalping issues that they refuse to do anything about.

If I'm also recalling correctly, if a venue is signed up to Ticketmaster they cannot independently host events - everything has to be done through Ticketmaster 🤦‍♂️

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[-] SaintWacko@midwest.social 51 points 2 years ago

"Oh, really? Well, we don't feel comfortable continuing your license to practice business in the United States!"

[-] pacoo2454@lemmy.world 46 points 2 years ago

“After facing criticism from both fans and politicians for its failed handling of Taylor Swift ticket sales, Live Nation Entertainment announced a "Fair Ticketing Act" proposal in February that would try to combat bots and ticket scalpers in the resale market. Nothing yet appears to have come from this proposal.”

No shit. What incentive do they actually have to make changes when the current system makes them more money?

[-] ikidd@lemmy.world 13 points 2 years ago

That's because they're the fucking scalpers.

[-] DarkMessiah@lemmy.world 42 points 2 years ago

It’s a subpoena. Comfortable doesn’t even begin to come into play.

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[-] firewyre@lemmy.world 40 points 2 years ago

Too fucking bad, I don't feel comfortable with you existing.

[-] toiletobserver@lemmy.world 36 points 2 years ago

Another obvious monopoly we refuse to break up.

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[-] Fades@lemmy.world 34 points 2 years ago

These goddamn capitalists pigs are out of control

[-] occhionaut@lemmy.world 16 points 2 years ago

we need to harvest already, theyre shitting and squealing everywhere.

[-] TangledHyphae@lemmy.world 29 points 2 years ago

I don't "feel comfortable" paying extortion prices, either.

[-] RoseRose56@lemmy.world 29 points 2 years ago

Who cares if you feel comfortable? Did you ask me if people are comfortable paying high prices for tickets? You took all this money, and you keep doing it! You are a thief, my dude; you make people pay more than what they are supposed to pay. People are stupid too, instead of stop buying tickets, and report ticketmaster and live nation, they are keeping buying tickets! bravoooooo!!!

[-] RizzRustbolt@lemmy.world 28 points 2 years ago

"Why don't you feel comfortable about sharing?"

"Before I tell you, you have to promise not to indict me."

"..."

"Promise?"

"... okay. We promise not to indict you."

"Okay, the thing is, I may have conspired with competitors to corner the market on ticket sales and bought up 85% of performance venues to lock in performers into using me to distribute tickets. Thus giving me near total control of the market."

"Yeah, that's a monopoly. We're breaking you up."

"YOU PROMISED NOT TO!"

"No, we promised not to indict you. Commerce doesn't need an indictment to pull your articles of corporation."

"Durnit!"

[-] SinningStromgald@lemmy.world 26 points 2 years ago

If this doesn't end with Ticketmaster getting broken up it will be an egregious miscarriage of justice.

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[-] hydrashok@sh.itjust.works 19 points 2 years ago* (last edited 2 years ago)

Thankfully, subpoenas don’t care about how comfortable you are.

[-] BeardedSingleMalt@lemmy.world 19 points 2 years ago

A local, small time hockey team has middle-arena ticket for $13. The price almost doubles because they use tm. $10 in cOnVeNiEnCe fees and processing and the "privilege" of using their shitty app.

[-] BeautifulMind@lemmy.world 14 points 2 years ago

Oh no, they're uncomfortable?

All the more reason for them to comply, really

[-] mostNONheinous@lemmy.world 13 points 2 years ago* (last edited 2 years ago)

Why aren’t you comfortable sharing information with congress?

[-] reddig33@lemmy.world 11 points 2 years ago

Well that only took forty years. They’ve been doing this since the 80s.

[-] Szymon@lemmy.ca 10 points 2 years ago

Don't worry, they'll be doing it another 40

[-] Brkdncr@sh.itjust.works 11 points 2 years ago

Nice! Let’s do insurance next!

[-] Synthead@lemmy.world 10 points 2 years ago

$30? That'll be $180, please. -TicketMaster

[-] Skates@feddit.nl 10 points 2 years ago

To be fair, I don't feel comfortable sharing information with anyone, let alone fucking congress. So I can kinda see their point.

On the other hand, I also don't feel comfortable with the spokesperson not getting raped with a rake. What now, spokesperson? How shall we solve this little dilemma?

[-] reverendsteveii@lemm.ee 8 points 2 years ago

if congress wanted your testimony do you think that your comfort would be a factor in what they do and how they do it? The law is different for the very rich. It's aspirational rather than authoritative. "We would really like to comply, but I just don't think it's gonna work out."

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this post was submitted on 23 Nov 2023
863 points (100.0% liked)

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