Feds Subpoena Ticketmaster Over Egregious Concert Prices After It 'Stonewalled' Lawmakers
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A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn't “feel comfortable” sharing information with Congress.

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.

  • Nurse_Robot@lemmy.worldEnglish
    188·
    1 year ago

    I don’t feel comfortable with them essentially operating a monopoly that both consumers and artists detest. I don’t feel comfortable with paying exorbitant meaningless fees if I ever want to experience a live event. It’s never mattered what I’m comfortable with, I’ve always gotten fucked. I don’t care how uncomfortable they are, I hope they get absolutely destroyed by legal fees and go bankrupt.

    • NotMyOldRedditName@lemmy.worldEnglish
      66·
      1 year ago

      Not just them, everyone doing it.

      We used to be able to get tickets to concerts at a small venue here by going into one of the music shops. No stupid fees, just whatever the ticket price was.

      The venue stopped selling through these stores semi recently, moved to an online service, and now there’s no less than 30% fees, sometimes as high as 40%.

      It’s absolutely ridiculous.

      • bratosch@lemm.eeEnglish
        61·
        1 year ago

        “the venue” is most likely owned my LiveNation, which also owns Ticketmaster. That’s why they CAN have those insanely inflated prices, because they control everything. Like someone mentioned, Pearl Jam tried going off the beaten track and find venues NOT owned by LiveNation , which proved to be … hard

        • NotMyOldRedditName@lemmy.worldEnglish
          5·
          1 year ago

          There are still some shows we go to, but 100% we’ve said no to shows we were half interested in because of the ridiculous cost caused by the fees

    • sparky1337@ttrpg.networkEnglish
      52·
      1 year ago

      Pearl Jam tried this in the 90’s and got ran over. There would have to be people in congress that cared enough.

    • cooopsspace@infosec.pubEnglish
      29·
      1 year ago

      Not to mention they own a secondary ticket market and makes a lot of money off scalping being a thing.

      • givesomefucks@lemmy.worldEnglish
        22·
        1 year ago

        Pretty sure they’ve gotten in trouble reserving seats for scalpers. They called them “premium buyers” or something because they bought an insane amount of tickets, more than any person could reasonably use.

        TM still takes their cut when an original is bought. But then they take another when it’s resold on their platform again. They make more money the more times a ticket gets resold.

        • dogebread@lemm.eeEnglish
          13·
          1 year ago

          I was watching this happen day of for a show in Montreal just recently. There were few seats available for weeks leading up to the show with resale tickets around 200 to 300 CAD a piece, then day of big chunks of non resale seats came available for a fraction of that.

          Artificial scarcity. Total and complete scam.

        • cooopsspace@infosec.pubEnglish
          31·
          1 year ago

          They’re actually global epidemic. And it amazes me that you can sell a ticket to someone who doesn’t have the intention of physically putting a physical body of themselves, a friend or family in the seat. All it does is lock real dedicated fans out.

          At the very least I think artists should be able to choose to not have their tickets sold on the secondary market.

    • WetBeardHairsEnglish
      13·
      1 year ago

      I hope they get absolutely destroyed by legal fees and go bankrupt.

      “They didn’t” -Arrested Development Voiceover