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US Justice Department to seek breakup of Live Nation-Ticketmaster

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Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#301

Let's however not get too caught up in feel-goodism that somehow breaking up Ticketmaster is ridding the live entertainment industry of some external leech that everyone hated. You should realize that venues and artists are equally beneficiaries of what Ticketmaster enables. In a sense they enjoy having Ticketmaster be the hated scapegoat for high prices that they then also enjoy the benefits of. Without Ticketmaster…

A lot of artists are not happy about this. Selling seats to the highest bidder to maximize revenue of a given show is not necessarily in the long-term interests of an artist.

Yet they are not unhappy to the point that they refuse the money coming from this.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#302
post #210

Earlier quoted context omitted.

The Biden administration is a textbook example of how to not control any narratives whatsoever and never be able to get any credit. They lost the narrative after Kabul and then just never got it back, despite being one of the most legislatively successful and executively impactful administrations in the last 50 years. Case in point - recent poll that had 50% of voters that listed "climate" as their top priority didn'…

According to Gallop only 2% of Americans list climate as the top priority. by far the most important priority is the economy. For non economic issues immigration ranks #1, climate being #11. https://news.gallup.com/poll/1675/most-important-problem.asp... Or maybe being out of touch with what people want is the biggest issue

Again, my statement was referring to ignorance among those 2%, not the general population.

However, if you are interested in the economy, it seems the American people are aggressively misinformed about the quantitative state of the economy too [0]. Seems like many people are out of touch with the reality of a booming economy.

[0] https://www.theguardian.com/us-news/article/2024/may/22/poll....

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#303
post #237

Earlier quoted context omitted.

I genuinely think that if Biden does not win another term there are far larger problems for the American project than Ticketmaster, including democracy existing as we know it today.

>including democracy existing as we know it today. Weren't there similar predictions back in 2016? How is it different this time? Or to back up a bit, what exactly does "democracy existing as we know it today" mean? It could mean anything between "US becomes North Korea" and "the whitehouse revoked the press credentials of someone who said something mean about trump".

I think if he comes back he won't leave. There's a reason why many of the people that worked with him most closely believe he's dangerous and unfit.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#304
post #237

Earlier quoted context omitted.

>including democracy existing as we know it today. Weren't there similar predictions back in 2016? How is it different this time? Or to back up a bit, what exactly does "democracy existing as we know it today" mean? It could mean anything between "US becomes North Korea" and "the whitehouse revoked the press credentials of someone who said something mean about trump".

I think if he comes back he won't leave. There's a reason why many of the people that worked with him most closely believe he's dangerous and unfit.

>I think if he comes back he won't leave.

So to confirm you're predicting that if he gets elected he'll stay in power beyond 2025?

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#305
post #237

Earlier quoted context omitted.

>including democracy existing as we know it today. Weren't there similar predictions back in 2016? How is it different this time? Or to back up a bit, what exactly does "democracy existing as we know it today" mean? It could mean anything between "US becomes North Korea" and "the whitehouse revoked the press credentials of someone who said something mean about trump".

It wasn't wrong in 2016 either, what's your point? That the coup failed and Congress wasn't murdered doesn't mean they didn't try.

>It wasn't wrong in 2016 either, what's your point?

Of course "it wasn't wrong" if claims are vague like "democracy as we know it", which means they can be used in a motte-and-bailey manner to initially imply that the US is going to turn into China/North Korea or whatever, but then later be walked back on to whatever the predictions don't really pan out.

>That the coup failed and Congress wasn't murdered doesn't mean they didn't try.

Was the claim back then that they'll "try" (however poorly planned/executed), or that they'll actually succeed?

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#306
post #304

Earlier quoted context omitted.

I think if he comes back he won't leave. There's a reason why many of the people that worked with him most closely believe he's dangerous and unfit.

>I think if he comes back he won't leave. So to confirm you're predicting that if he gets elected he'll stay in power beyond 2025?

Yes, I think he'll try with a much higher likelihood of succeeding than when he tried last time.

That's typically how coups go, as far as history go.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#307

Twice this year, I've paid the highest prices I've ever paid for tickets to shows. First, I paid something like $300 each for tickets to see the band Air. Sure, they're popular (among people who like their genre, at least) and from France and rarely tour. I could justify it cause I've only seen them once and might not get another chance, but holy smokes. Then I bought tickets to see comedian David Cross. Who is Ameri…

For comparison, Air's next concert with tickets available is in Zurich, for CHF 96.50. About $105.

There's a concert in Monaco for about the same price.

Neither is using Ticket master.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#308
post #214

Earlier quoted context omitted.

> The market is set by what customers will pay [...] The Internet hivemind will always think it's entitled to ignore the laws of supply and demand And this is why "the market" isn't perfect, and flat-out sucks for some things. It doesn't have to be this way. Springsteen should be able to say "I want to charge $40 per ticket so my loyal fans, no matter what their financial situation, can see me perform", without havin…

If this were the case, you'd have a hundred million people wanting to pay that to see Springsteen but only a hundred thousand seats exist. How do you decide which of them gets the seats?

- First come, first served

- Auction

- Lottery system

- A combination of all 3

None of these are perfect, especially if demand greatly exceeds supply, but there's plenty of flexibility in how an artist could sell tickets to their fans, if it weren't for monopolies like TM/LN. The "Market" would still be in play here, as an artist could decide to cater to specific people (i.e. the rich) via bids, or be more accessible but elusive via ticket lotteries.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#309
post #305

Earlier quoted context omitted.

It wasn't wrong in 2016 either, what's your point? That the coup failed and Congress wasn't murdered doesn't mean they didn't try.

>It wasn't wrong in 2016 either, what's your point? Of course "it wasn't wrong" if claims are vague like "democracy as we know it", which means they can be used in a motte-and-bailey manner to initially imply that the US is going to turn into China/North Korea or whatever, but then later be walked back on to whatever the predictions don't really pan out. >That the coup failed and Congress wasn't murdered doesn't mean…

The general thought was that a simpleton business monkey who made a virtue out of ordering people around and not accepting "no" for an answer would continue to operate autocratically even as the leader of a democratic bureaucracy.

There was a lot of equivocating that it was all some campaign schtick, the media was misrepresenting him, etc. "4D chess" and all that.

It turned out that the straightforward analysis was the correct one. Sometimes a spade really is a spade.

This round he's playing for double or nothing - having broken a bunch of laws is slowly catching up with him. He continues playing the victim while indignantly expressing a desire for overt revenge. We've already seen the mechanisms by which this will happen (paralysis of federal law enforcement, mobilization of paramilitary goon squads into the power vacuum, and political reality distortion field justifying everything as if President is equivalent to Dictator). So yeah by any reasoned analysis, 2024 really is Trump xor America - you decide.

(Once again, standard disclaimer - unaligned libertarian here. I'd never voted for a major party candidate before 2020. Specifically, I considered a 2016 a toss up between two differently-bad options, and still have no regrets there. But now that we've seen a concrete track record as opposed to mere vacuous campaigning, it would be utterly foolish to ignore it)

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#310
post #231

The FTC and DoJ have been hitting it out of the park recently, unfortunately, there are a lot of judges out there that think corps should be able to do anything they want.

Corporate America is certainly not a fan of FTC chair Lina Khan. She's been subjected to a barrage of attacks from places like the Wall Street journal so she must be doing something right. Jon Stewart revealed when interviewing her, that Apple executives had asked him not to have her on his podcast. https://youtu.be/CnC9JV5YtBY?feature=shared

> Corporate America is certainly not a fan of FTC chair Lina Khan.

I think the problem is that some corporate america WOULD be a fan of her, but they either died or had no opportunity to exist in the first place.

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