May 302024
 

404 Media has a good article explaining the new DOJ suit: The Justice Department’s antitrust lawsuit against Live Nation/Ticketmaster isn’t really about high ticket prices, or ticket scalpers, or any individual offense. It is about a systematic vertical integration of the entire live music business, which has led to the company’s dominance over tickets, yes, but also over live music venues, artists’ tour booking, and concert promotion. […] In simple terms, Live Nation, which owns Ticketmaster, is not just selling fans tickets on Ticketmaster.com. It owns, operates, or has exclusive contracts with the vast majority of midsized and large concert venues, and a supermajority of all outdoor pavilions and amphitheaters. And it has a…

External feed Read More at the Source: https://www.dnalounge.com/backstage/log/2024/05/30.html

 2024-05-30  Add comments

 Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

(required)

(required)