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The average ticket price for one of the top concert tours reached $122.84 last year, up from $91.86 in 2019, according to the live music trade publication Pollstar. Some fans pay considerably more ...
Ticket prices won’t go down. The Justice Department seems to think so. Antitrust officials are pushing for a breakup of Live Nation on the theory that splitting it apart will disrupt the ...
The DOJ wants to break up Live Nation and Ticketmaster, citing exorbitant ticket prices for concerts. But would splitting up the two giants deliver the desired outcome?
Ticketmaster "may earn a profit on the order processing fee". As the Los Angeles Times has explained, "the 'service fee' is intentionally kept separate from the list price for two reasons: to make the base price of a ticket appear more affordable, and to create the impression that only Ticketmaster pockets that fee."
Ticket prices have gone up for multiple reasons, including a huge surge in demand after the COVID-19 pandemic. Live Nation reported last month that worldwide ticket sales for the top 100 tours in ...
Ticketmaster was the subject of several controversies, such as anti-competition claims, deceitful relationships with scalpers, data breach, deceptive pricing, and dynamic pricing. According to consumer organizations , Ticketmaster and Live Nation control over 70% of the primary ticketing and live event venues market. [14]
Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It promotes, operates and manages ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.
The online ticket marketplace and division of San Jose, California-based eBay Inc. alleged in the lawsuit that the organizations prevent fans from deciding how they wanted to resell tickets and ...
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