this post was submitted on 23 Nov 2023
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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.

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[–] [email protected] 194 points 11 months ago* (last edited 11 months ago) (17 children)

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.

[–] [email protected] 31 points 11 months ago* (last edited 11 months ago) (5 children)

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

[–] [email protected] 23 points 11 months ago (4 children)

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.

[–] [email protected] 2 points 11 months ago* (last edited 11 months ago) (1 children)

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.

[–] [email protected] 2 points 11 months ago

They’re actually global epidemic

That's just not how those words work....

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