Lawmakers are set to grill top executives from the event ticketing industry on Tuesday after Ticketmaster’s inability to process orders for Taylor Swift’s upcoming tour left millions of fans unable to buy tickets or without their ticket even after purchase. Joe Berchtold, the president and CFO of Ticketmaster parent company Live Nation Entertainment, is set to testify before a Senate committee on Tuesday, two months after the Swift ticketing fiasco reignited public scrutiny of the industry.
Concert promoter Live Nation and ticketing company Ticketmaster, two of the largest companies in the concert business, announced their merger in 2009. The deal at the time raised concerns, including from the US Department of Justice, that it would create a near-monopoly in the industry. The Justice Department allowed the Live Nation-Ticketmaster merger to proceed despite a 2010 court filing in the case that raised objections to the merger.
2023, we are at peak bot utilization. Bring back the box offices with physical ticket sales instead of relying on the web. Foo Fighters had a ‘Beat the bots’ ticket sale at a physical box office so die hards had a chance. Swift is big time and her fans deserve better.
because that's what America wants...greedy politicians...pointing fingers at the greedy entertainment industry....don't worry that the President provided classified documents to his son to bilk countries for millions of dollars...nothing to see here...
Oh thank God. Nothing better to do
Aren’t we facing a debt limit issue that should take precedence over something like this? SenSchumer WTH Seriously? You don’t have legitimate work that you can be doing for the American people? Kitchen table? Bread & butter issues? The price of eggs issues
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