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Find and buy Farm Aid tickets at the Ruoff Music Center in Noblesville, IN for Sep 23, 2023 at Live Nation. Insomniac Presents MK Tickets Oct 21, 2023 Hollywood, CA | Live Nation Senator Amy Klobuchar, Democrat of Minnesota, who called the hearing, said in a summation near the end that some of the problems in ticketing, including how bots can be counteracted, and whether there should be limits on the reselling of tickets, could be dealt with through legislation. Under the merger, Ticketmaster became a subsidiary of Live Nation Entertainment. This would kill scalpers, but many consumers like to be able to resell or transfer tickets if they wish. Senator Richard J. Durbin, Democrat of Illinois, the Judiciary Committee chairman, opens the hearing with a gavel at 10:04 a.m. Its a lesson no one can learn from. Jerry Mickelson, chief executive officer of Jam Productions, responded to Mr. Berchtolds assertion. Live Nation Entertainment is offering deep discounts on concert tickets through a two-week sale called Summer's Live. "Given the paramount importance of live event revenues to a venue's bottom line, this is a loss that most venues can ill-afford to risk. This is all the definition of monopoly, she said early in the hearing, because if Live Nation is so powerful that it doesnt even need to exert pressure. The Justice Department has already been investigating the company for many of the issues raised Tuesday; the near-unanimous criticism from lawmakers may add political pressure for the department to act. How are ticket prices and fees determined? - Live Nation Help Jack Groetzinger, the chief executive of the rival ticketer SeatGeek, says, The only way to restore competition in this industry is to break up Ticketmaster and Live Nation.. Theres more to that story that youre not hearing.. Train strikes: Full list of July dates, Tube and rail services affected Top officials at Live Nation and SeatGeek are arguing over a New York Times story about ticket vending at the Barclays Center. A group of Swift fans later filed a lawsuit accusing Ticketmasters parent company of anticompetitive conduct. Buggy ticket sales and market dominance arent the only things Ticketmaster gives fans to complain about. A lack of competition stifles innovation, he said, and he added that some venues presumably venues that SeatGeek wants to sell ticketing services to report that they fear losing Live Nation concerts if they dont use Ticketmaster., As long as Live Nation remains both the dominant promoter and ticketer of major venues in the U.S., he said, the industry will continue to lack competition and struggle.. Daily Hive is a Canadian-born online news source, established in 2008, that creates compelling, hyperlocal content. Ms. Klobuchar added, with a nod to the hearings most invoked, if absent, person: You cant have too much consolidation, something that unfortunately for this country, as an ode to Taylor Swift, I will say that we know all too well., Jerry Mickelson, a longtime independent concert promoter in Chicago, notes a frustrating situation familiar to most of Live Nations competitors: Pepsi doesnt earn money from Coke. Twice a month, Emily Stewarts column exposes the ways were all being squeezed under capitalism. But she said that the larger questions of the day whether Live Nation-Ticketmaster is a monopoly, and if so what action should be taken about it were best handled by the Justice Department. She slips in an allusion to a Swift song, All Too Well., Senator Lindsey Graham of South Carolina, the top Republican on the committee, strikes an upbeat tone, suggesting he hopes the Senate Judiciary Committee will be able to work in a bipartisan way in the new Congress. Most news outlets make their money through advertising or subscriptions. How the hell am I supposed to access my ticket?! Jack Groetzinger, the chief executive of SeatGeek, a smaller but aggressive competitor to Ticketmaster, called for the merger of Live Nation and Ticketmaster to be undone. Scott Wilk: Break the Ticketmaster/Live Nation ticket monopoly Live Nations president and chief financial officer, Joe Berchtold, blamed an onslaught of bot attacks for forcing the company to pause sales of the Swift tickets in November, and suggested that such issues were best handled by Congress through legislation. "Consumers deserve protection against the clear excesses and abuses of Ticketmaster repeatedly demonstrated in their own lives and documented in Congressional hearings," Blumenthal said. How to Get 4 Tickets for $80 During Live Nation's Summer's Live Deal LiveNation Reviews - 124 Reviews of Livenation.com | Sitejabber Berchtold, Im not against big, per se. Taylor Swift is not expected to be there. It's driving up costs and stifling competition, which is why I introduced a bill to prohibit the use of excessively long, exclusive contracts that lock out competition, decrease incentives to improve service, and create higher costs for fans.". Live Nation, a company behind Astroworld, has a long history of - NPR Everything from their service fees to their mobile tickets are bullshit. Because people just fall in line.. In the Senate, Sens. The company has had some successes, including with the Dallas Cowboys and Jujamcyn Theaters, one of the major theater owners on Broadway. If you also believe that everyone deserves access to trusted high-quality information, will you make a gift to Vox today? Problems like those at Swift's presale in November as well as long-simmering concerns over Ticketmaster and Live Nation's market dominance led to a brutal Senate Judiciary hearing in . Witt believes the ticketing market is ripe for disruption but is held back by Ticketmasters dominance. By submitting your email, you agree to our, The problem with Ticketmaster, explained not by Taylor Swift. Live Nation "Monopoly," Taylor Swift Ticket Debacle Take Center Stage The onsale date and time for Taylor Swift The Eras Tour in France is being rescheduled and tickets are still available, Ticketmaster France tweeted on Tuesday. Live Nation cited the approval of its merger in 2010 and the consent decree it had to follow afterward which was extended through 2025 after the previous investigation as evidence that all. 6. TheStreet: The main argument I've . He wrote in an opinion essay in The New York Times last month that Whether it meets the legal definition of a monopoly or not, Live Nations control of the live music ecosystem is staggering.. Swift was a debacle., The collaborative tone was evident from the beginning of the hearing, which was among the first to take place in 2023. On Thursday, Sen. Amy . Blue October Tickets Nov 09, 2023 Anaheim, CA | Live Nation In the filing, the Justice. Representative Alexandria Ocasio-Cortez tweeted: Daily reminder that Ticketmaster is a monopoly, adding that the companys merger with the concert promoter Live Nation should never have been approved. She concluded, Break them up.. The hearing was more bipartisan than most. The bottom line is that U.S. ticketing markets have never been more competitive than they are today, Berchtold said. Mr. Groetzinger said that Barclays executives had asked SeatGeek to change their contract, to sell tickets only for Brooklyn Nets games and that they would use Ticketmaster for concerts. Join your favorite artist's fan club. After-Party featuring Busta Rhymes (Event Ticket Sold Separately 5 days 7 hours 43 mins 36 secs. But when it comes to what were trying to do at Vox, there are a couple of big issues with relying on ads and subscriptions to keep the lights on. As to the larger questions of competition in the ticketing marketplace, Mr. Berchtold argued that it was greater than ever, and said that Ticketmaster had to fight to retain its business. The way your company handled the ticket sales with Ms. Wild Wolf (@worldwandererx) May 4, 2022. I'm having trouble buying tickets! - Live Nation UK Orders cannot be canceled due to problems with receipt of emails. The Taylor Swift tour drama has added fuel to the fire, but its hardly the only factor in the mix, nor is Swift the only artist who has people paying attention to this. The Senate Judiciary Committee scheduled a hearing in late January in large part in reaction to Swiftgate to dig into competition or, rather, lack thereof in the ticketing industry. Periphery Tickets Nov 09, 2023 Dallas, TX | Live Nation SeatGeek replaced Ticketmaster at Barclays Center in Brooklyn last year, but the arena switched back to Ticketmaster this month, only one year into SeatGeeks contract. Please enter a valid email and try again. Taylor Swift's mega-producer Jack Antonoff breaks down 3 problems with the economics of touring: 'Don't turn a live show into a free market'. The Ticketmaster page states you can buy max eight tickets, and I only had three in my cart. From a user perspective, its disorienting to have it all in one place and makes it hard to figure out the face value of the ticket. He says he was left on the bleachers a nod to the song You Belong With Me and says Taylor fans are very good at getting their message across.. Addressing Joe Berchtold, the president and chief financial officer of Live Nation Entertainment, Senator Richard Blumenthal, Democrat of Connecticut, offered mocking praise. Learn More. Tickets will NOT be emailed or . Powered and implemented by Interactive Data Managed Solutions. Live Nation, Ticketmaster faces lawmakers about Taylor Swift Eras The power imbalance is such that many people in the industry are nervous to speak out. I imagine if you are here to read about Ticketmaster it is, at least in part, because of Taylor Swift. By choosing I Accept, you consent to our use of cookies and other tracking technologies. Plenty more fans appeared to be streaming the hearing online, and a link to the Senate Judiciary Committees livestream of the proceedings was widely shared by fan social media accounts on Tuesday morning. Ticketmaster was even subject to a Senate judiciary hearing in January, in which senators from both sides of the aisle dunked on the company for cornering the market, specifically citing its inability to deal with Swifts presale. You leverage market power in one market to get market power in another, he said. We believe thats an important part of building a more equal society. 4 Rise Against Rock music Music 10 comments The Ticketmaster-Live Nation Merger: What Does It Mean for Consumers May I suggest respectfully that Ticketmaster ought to look in the mirror and say, Im the problem, its me., Blumenthal says, Unwinding the merger ought to be on the table., Senator Richard Blumenthal, Democrat of Connecticut, underscored the bipartisanship on this issue and the apparent bipartisan anger at Live Nation by mock congratulating Berchtold: You have brought together Republicans and Democrats in an absolutely unified cause.. A frustrating ticket-buying experience by the niece of California state Sen. Scott Wilk has led to the introduction of a new bill rushing through the California legislature. Ticketmaster sells secondary tickets on its platform, too, meaning tickets that have already been bought by someone else and are now being resold. Plans for fans to protest Ticketmaster outside the hearing at least one of which was made by Jennifer Kinder, a lawyer representing fans in a lawsuit against Ticketmasters parent company resulted in a small turnout on Capitol Hill. "She was shocked to see that the extra fees tacked on at the end amounted to original price of the tickets in the first place," Wilk told Insider. He was worried if his name appeared, it might harm his companys relationship with Ticketmaster a relationship the company needs to survive or that Ticketmaster might retaliate. Elevate your live music experience with The Live Nation App. Part of the problem is that Ticketmaster, owned by Live Nation Entertainment, occupies most of the ticket selling market, so fans have little other choice but to suffer its millions-long queues . Senator John Kennedy, Republican of Louisiana, proposes making tickets non-transferrable. This is the definition of a monopoly, she says. Clicking through the link isnt bringing up any $25 tickets . Why is it, she asked, that you have not developed an algorithm to sort out what is a bot and what is a consumer?. Google Pay. Live Nation operates under an agreement called a consent decree, which was required by the Justice Department to approve the companies merger. It doesnt need to threaten. From May 4 to 10, the entertainment company is selling tickets for over 3,700 shows for just $25 as part of their annual Concert Week. The hearing, titled Thats the Ticket: Promoting Competition and Protecting Consumers in Live Entertainment, was called by Senator Klobuchar. Lets talk vertical mergers, corporate consolidation, and Taylor Swift. Jack Antonoff and Taylor Swift attend the 65th GRAMMY . Live Nation Live Events, Concert Tickets, Tour News, Venues You cant blame bots for what happened to Taylor Swift, theres more to that story that youre not hearing, he testified later. CONSEQUENCE on Twitter: "Live Nation is offering an all-in package of A California legislator is trying to strike back at Live Nation Entertainment's grip on the live events space. Make sure you're in the know! "Using its promotion business as a loss leader in turn helps maintain Ticketmaster's dominance, because venue operators must take into account the very real possibility that Live Nation Entertainment will not route tours through their venues if they do not select Ticketmaster as their primary ticketing service provider," the lawsuit reads. She pointed to legislation in New York that seeks to require ticket sellers to be more upfront about fees. On Tuesday, European fans logged onto the Ticketmaster site to buy Taylor Swift concert ticketsand saw that over 1 million other fans were ahead of them in the virtual queue. Farm Aid Tickets Sep 23, 2023 Noblesville, IN | Live Nation Important Event Info: TICKETS ARE FINAL SALE AND NON-TRANSFERABLE. In the case of resale tickets, listing prices are determined by the seller, which can include fans or season ticket holders. Amy Klobuchar Demands Live Nation Address Tickmaster Antitrust Concerns Live Nation and Ticketmaster came under scrutiny at a Senate Judiciary Committee hearing on Tuesday, with lawmakers and witnesses from competing ticketing services asking whether their merger had stifled competition. Find and buy After-Party featuring Busta Rhymes (Event Ticket Sold Separately) tickets at the Shoreline Amphitheatre in Mountain View, CA for Sep 02, 2023 at Live Nation. Wilk's bill easily passed through the California Senate in May and is currently sitting in the state assembly awaiting action. Joe Berchtold, Live Nations president, disputed that account. IN for Sep 23, 2023 at Live Nation. Heres what its really doing. From 7 a.m. Wednesday, July 19, through 11:59 p.m. Tuesday, Aug. 1, get four . Post-merger, concerns have gotten even greater that Live Nation Entertainment cant be kept in check in terms of requiring artists to use its ticketing platform, charging fans high fees, and having an almost inevitable stronghold on the industry. Sign up here. Live Nation, Astroworld concert promoter, has a history of safety violations | CNN Business Markets DOW 33,922.26 1.07% S&P 500 4,411.59 0.79% NASDAQ 13,679.04 0.82% Fear & Greed Index. We'll guide you through the process. Its important that we have several ways we make money, just like its important for you to have a diversified retirement portfolio to weather the ups and downs of the stock market. The problem with Ticketmaster, explained not by Taylor Swift - Vox When President Obama was deciding in 2009 whether to approve a merger between the world's largest concert promoter, Live Nation, and the biggest ticket provider, Ticketmaster, a group of. Ticket sales begin May 4 at 10 am EST/7 am PST and end on May 10. Live Nation's ticket-refund site with details about events canceled or postponed due to the coronarvirus pandemic, announced last Friday, is now live. Swift was a debacle.. According to one lawsuit in California, Live Nation Entertainment has been able to maintain its grip on the live events space by engaging in unfair business practices utilizing the companies' various branches. For a Congress that is implacably divided on many issues, it was a remarkable display of consensus. The company is offering four tickets for $80, fees included, for more than . Mr. Berchtold argued that the biggest problem it faced with the Taylor Swift tour was an onslaught of bots that crowded out real fans and attacked Ticketmasters servers, forcing the company to pause its sales. The hearing will also be carried live on the Senate Judiciary Committee website and C-SPAN. The Ticketmaster debacle united Democrats and Republicans in criticism. A consent decree prohibited Live Nation from using its control of talent and tours to pressure venues to continue to use Ticketmaster as their vendor. How to Contact Us - Live Nation Help Think one car manufacturer merging with another. CA for Sep 02, 2023 at Live Nation. First, advertising dollars go up and down with the economy. Subscribe to Well Adjusted, our newsletter full of simple strategies to work smarter and live better, from the Fortune Well team. California Sen. Scott Wilk introduced a bill in February forbidding ticketing services from entering into exclusivity contracts with venues. In mid-June, President Joe Biden hosted ticketing companies from around the country to rein in so-called "junk fees," an item that has been on his presidential agenda since his February State of the Union address. CNN Lawmakers grilled a top executive of Ticketmaster's parent company, Live Nation Entertainment, on Tuesday after the service's inability to process orders for Taylor Swift's upcoming. Follow @LiveNation on Twitter or Facebook. One person says that their card was charged, despite not being able to get a ticket. Service Fees, Order Processing Fees, Taxes, and Shipping Charges . Daily Hive has reached out to Live Nation for comment. When you're ready to check out, the price for the four-pack will be automatically listed as $80. In hindsight, there are several things we could have done better, Berchtold says. NO REFUNDS . Part of the problem is that Ticketmaster, owned by Live Nation Entertainment, occupies most of the ticket selling market, so fans have little other choice but to suffer its millions-long queues and Sisyphean loading screens. . According to fans on social media, the Ticketmaster site seemed to have technical problems, with the webpage freezing with a loading icon and not allowing shoppers to buy the items already in their cart. After the troubled presale ended the company had used its Verified Fan program, which requires buyers to register in advance to try to ensure tickets go to fans instead of resellers Ticketmaster canceled its planned sale of tickets to the general public. Executives spar over what drove a Ticketmaster competitor out of the Barclays Center in Brooklyn. As the hearing begins to wrap up, Taylor Swift has yet to make any public comments about it. When you play a show at a venue that Live Nation either owns or is an exclusive promoter of, then the artist has no choice but to use Ticketmaster as the exclusive ticketing platform for the show, said Clyde Lawrence, singer-songwriter of the band Lawrence, who has been outspoken about Live Nations control in the entertainment industry and testified in the Senates Ticketmaster hearing. The witnesses at todays hearing include a top Live Nation executive along with some of its competitors in ticketing and concert promotion; experts on antitrust and market competition; and a performing artist. Astroworld promoter Live Nation has a history of safety violations - CNN Ticketmaster Hearing Takeaways: After Taylor Swift Debacle, Some Senators Call Live Nation a Monopoly. Sound of Freedom wants to raise awareness about child trafficking. Ticketmaster came under fierce criticism. Photo: Jun Sato/TAS18/Getty Images. Live Nation has much of the market for concert management, venues, and promotions covered. Many venues wind up almost obligated to sell on Ticketmaster because, if they dont, Live Nation can use its promotional power to basically block the venue from getting shows. As she explained, Live Nation Entertainment is a combination of a ticketing service, a concert promoter, and an artist management company. You told me yesterday you have a hard time distinguishing between a bot attack and a consumer, Ms. Blackburn said to Mr. Berchtold. Expert Witness on Ticketmaster/Live Nation Merger Weighs in on Taylor In hindsight there are several things we could have done better, he said. We have a monopoly that covers an entire supply chain.. As Bad Bunny played to a curiously sparse stadium floor in Mexico City last month, thousands of fans were outside, trying desperately to get into the venue. An antitrust expert who testified. Brown explained to Insider that Live Nation Entertainment has been able to become so powerful in the industry as it's vertically integrated very effectively. How we got here: In 2010, the Justice Department allowed the two most dominant companies in the live music business Live Nation, which ran tours and managed artists, and Ticketmaster, the largest ticketing company to merge. Theres no competition, and they know they dont have to provide services that keep people happy on the artist side and venue side and customer side. Greg Maffei, the chairman of Live Nation Entertainment, which owns Ticketmaster, apologized for the problems in an interview on CNBC in November and said that the issues were caused in part by Ms. Swifts huge popularity. . Stay up to date with what you want to know. It tweeted a Swift song title ahead of the hearing, asking: Ready for it?. Artists find themselves in a similar predicament. The argument the parties involved in vertical mergers often make is that they help create efficiencies. Farm Aid More Info. Continue browsing to accept the use of all cookies. Tips, hints or advice for buying tickets - Live Nation Help Swift announced the tour, her first since 2018, the demand for tickets was sure to outstrip the supply. All Rights Reserved. Moss, from the American Antitrust Institute, said she thinks legislative action is necessary as well to really tackle all the problems in ticketing. "Monopolies and anticompetitive behavior hurt consumers, venues, and artists alike, and as the DOJ weighs what enforcement steps it can take,Congress must also act to implement reforms," Klobuchar said to Insider.