"The Department of Justice alleged six issues in 2019 which led to our decision with them to extend the consent decree. We did not feel it made sense to be seen as defending the theories of retaliation or threats. It's not our business practice. It goes against our fundamental focus on alignment with the artists. The idea that we would ever put our interests ahead of theirs. So we are comfortable extending the consent decree," said Berchtold during Tuesday's hearing.
"In a world where the promoter and the venue are not affiliated with each other, we can trust that the promoter will look to get the best deal from the venue; however, in this case the promoter and the venue are part of the same corporate entity so the line items are essentially Live Nation negotiating to pay itself," Lawrence said.
"Ticketmaster has created these exclusive contracts, once you sign that contract, a band is not allowed to come in and say, 'we want to sell our tickets with X, Y, Z platform,'" said Jordan Cohen, one of the band's eight members.
Who gives a rats ass
That's great news thank you for sharing all the information good vibes for everyone Best greetings from México city
Emily_Lorsch Of course they are abusing their position. It’s a monopoly. The most ridiculous obvious abuse in modern free markets.
Emily_Lorsch
Emily_Lorsch Tried buying Willie Nelson tickets through Ticketmaster today. What a clusterfk. $130 service fee per ticket?! Hell no
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Source: CNBC - 🏆 12. / 72 Read more »