Ticketmaster said to face possible new legal threat in US
Ticketmaster said to face possible new legal threat in US
Rivals, lawmakers and music fans are calling for the DOJ to break up the company.
cross-posted from: https://lemmy.zip/post/833521
Archived version: https://archive.ph/DC7WR
Archived version: https://web.archive.org/web/20230729221643/https://www.politico.com/news/2023/07/28/feds-home-in-on-ticketmaster-antitrust-case-00108771
The breakup of Live Nation And Ticketmaster would be like having the greatest wet dream of my life.
Do them and then Comcast
“I’m so close…”
The DOJ wants a “win” so they will settle for a couple hundred million and claim victory. Nothing will change.
Ticketmaster exists to arbitrage between your favorite band's reputation and the economic conditions of the venues where they might perform.
In other words, everyone, including your favorite bands, likes things the way they are. Things will not change unless the fans take a stand, which means things will never change.
That's not true.
Many bands have been very vocal about how much they dislike ticketmaster. Some have gone to great lengths to avoid ticketmaster or attempt to circumvent many of ticketmaster's practices.
Ticketmaster isn't about keeping you from hating your band, ticketmaster charges fees to be an extra parasite in the industry and encourage scalping on their websites to charge fees multiple times for the same ticket.
Values and artists get a fairly large chunk of the fees
Ticketmaster's real service is being the bad guy to take the heat off venue's and artists
If Biden kills ticketmaster he will go from league average president to greatest of my lifetime