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submitted 7 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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[-] NotMyOldRedditName@lemmy.world 68 points 7 months 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.ee 63 points 7 months 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

[-] antizero99@lemmynsfw.com 30 points 7 months ago

That's just the beginning. Other artists have tried to avoid livenation venues but when the artist finds a venue, livenation just goes and buys said venue. That shit right there should have been taken to court.

Funny how these legal actions against companies like this only happen under democratic presidents.

[-] NotMyOldRedditName@lemmy.world 1 points 7 months ago

This venue isn't owned by them

[-] hydrashok@sh.itjust.works 11 points 7 months ago

I bet they probably also wonder why suddenly attendance has dropped off, too.

[-] NotMyOldRedditName@lemmy.world 5 points 7 months 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

this post was submitted on 23 Nov 2023
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