US Justice Department to seek breakup of Live Nation-Ticketmaster • Hacker News Board

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

#111

Post by pwarner » Thu, May 23, 2024, 12:34 AM UTC

Loughla wrote: post #92

EasyMark wrote: post #52

Earlier quoted context omitted.

Are you arguing that they aren't hurting consumers? Just look at ticket prices over the years as more and more competition was eliminated, as well as the tactics they use to control artists. You aren't going to have much luck I suspect.

I was just looking at that last night. [Artist that was super popular in 2006ish] tickets when we went at the absolute height of his popularity were $40 for lawn seats at a local venue [Same artist] at the same venue in the same lawn seating is now $380. What's the difference? Guess who bought the venue.

Don't forget 2024 you probably has a much higher disposable income than 2006 you... And might be willing to pay to feel young again for a few hours.

Off to buy some late 90s band tickets!

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

#112

Post by kylebenzle » Thu, May 23, 2024, 12:37 AM UTC

EasyMark wrote: post #51

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.

Going after ticket master makes no sense and would accomplish nothing. Artist set the price of their tickets, ticketmaster is a middleman/scapegoat. Seems it whole scheme worked perfectly if most think they're to blame.

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

#113

Post by kylebenzle » Thu, May 23, 2024, 12:38 AM UTC

fragmede wrote: post #93

klyrs wrote: post #54

Earlier quoted context omitted.

It's an election year, don't hold your breath.

But we have Taylor Swift to thank for this one and she's not running for office.

What? Because she set her ticket prices so high?

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

#114

Post by Sebguer » Thu, May 23, 2024, 12:40 AM UTC

kylebenzle wrote: post #112

EasyMark wrote: post #51

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.

Going after ticket master makes no sense and would accomplish nothing. Artist set the price of their tickets, ticketmaster is a middleman/scapegoat. Seems it whole scheme worked perfectly if most think they're to blame.

Live Nation owns a significant swathe of venues in America, and requires that artists use Ticketmaster if they want to be able to play those venues. And they continue to buy up more and more venues. Not sure how you can say this integration is just them being 'scapegoated'.

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

#115

Post by kylebenzle » Thu, May 23, 2024, 12:41 AM UTC

__loam wrote: post #60

willcipriano wrote: post #56

Earlier quoted context omitted.

Election year. They know the judges won't let anything bad happen to their friends so they can pretend to act tough every four years (when the billionaire class's preferred candidate/party is in office of course).

I don't understand people like you. A government agency does something material to help the consumer and you just shit talk and resort to base cynicism. Nothing would ever change if everyone was as apathetic as you are.

No one is doing anything to help the consumer.

Artists set their ticket prices, tickmaster is a middleman/scape goat. Pretending to go after the scapegoat is just for show.

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

#116

Post by kylebenzle » Thu, May 23, 2024, 12:42 AM UTC

llamaimperative wrote: post #97

__loam wrote: post #60

Earlier quoted context omitted.

I don't understand people like you. A government agency does something material to help the consumer and you just shit talk and resort to base cynicism. Nothing would ever change if everyone was as apathetic as you are.

Cynicism helps people feel smart, when in many cases it actually just reveals their immense ignorance (such as this case).

In this case ticketmaster is a scape goat by design so artists can charge whatever they want.

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

#117

Post by jprd » Thu, May 23, 2024, 12:44 AM UTC

fragmede wrote: post #93

klyrs wrote: post #54

Earlier quoted context omitted.

It's an election year, don't hold your breath.

But we have Taylor Swift to thank for this one and she's not running for office.

Pearl Jam

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

#118

Post by foobarian » Thu, May 23, 2024, 12:45 AM UTC

I can't wait for the Taylor Swift Arena where TS Inc. hires the staff, the security, the concessions, and with a TS Radio station broadcasting nearby. Not being sarcastic! :-)

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

#119

Post by Salgat » Thu, May 23, 2024, 12:45 AM UTC

klyrs wrote: post #54

EasyMark wrote: post #51

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.

It's an election year, don't hold your breath.

Their literal job is to perform based on what made/makes them desirable to the electorate.

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

#120

Post by mjevans » Thu, May 23, 2024, 12:45 AM UTC

It would be nice to have competition among sellers within a given venue. Even give the venue the option to sell single seats (rather than large blocks at some bulk rate).

For security reasons the ticket format should probably be the venue's choice, the bulk/block rate would probably include a specific time window for the bulk buyer to have their bonded agent print off the tickets on the venue's hardware.