Good. Finally something being done about this venue/ticket cartel
I paid $300 in fees on Sunday for two $365 tickets. Excited to see how this goes.
i would love to see a picutre of you receipt because i frankly dont believe you
Justice Department to file antitrust suit against Live Nation
161–170 of 397 posts
Re: Justice Department to file antitrust suit against Live Nation
#162What’s interesting here: 14 years ago, the US Justice Department green lit the merger under the assumption live nation and Ticketmaster would place nice
> On January 25, 2010, the U.S. Justice Department approved the merger pending certain conditions.
Re: Justice Department to file antitrust suit against Live Nation
#163Japan has fantastic ticketing system that has reasonable ticket price that is fixed, and no scalpers can buy all the tickets because it is a lottery system.
So rationing? I wouldn't call that fantastic. Why should someone who's barely interested but willing to go for $10 more deserving of a seat than a super fan willing to save up to shell out $150 for a seat?
I spent many all-nighters in freezing cold temps in Buffalo NY waiting in line on a sidewalk for the ticket office to open in the mid 80s. It was unpleasant, but fair.
I think artists should reserve a small fraction of their seats for "real" fans that are willing to do something like this. Make the tickets obtained this way non-transferable to prevent scalping.
Heck, a "solution" to scalping would be to implement the above, and sell the rest of tickets via an auction, so the artist captures the revenue and doesn't leave room for the scalpers to make money.
Re: Justice Department to file antitrust suit against Live Nation
#164Japan has fantastic ticketing system that has reasonable ticket price that is fixed, and no scalpers can buy all the tickets because it is a lottery system.
So rationing? I wouldn't call that fantastic. Why should someone who's barely interested but willing to go for $10 more deserving of a seat than a super fan willing to save up to shell out $150 for a seat?
Why should a rich fan get priority over a poor superfan?
Every system has its tradeoffs.
Re: Justice Department to file antitrust suit against Live Nation
#165I'm as glad as anyone else to see an abusive company get some scrutiny, B U T . . . Everyone is complaining about Ticketmaster but they're still giving them their money, so how are they supposed to respond? They are not being financially incentivized to change their ways. This feels a lot like the video gamer who hates Video Game Company XYZ with the passion of a thousand suns, yet like clockwork buys their video gam…
Apologizing on behalf of exploitation is unbelievably weak.
What do you like to do?
Bike? What if one company controlled all bike sales and bike lanes, bikes costed $20,000 and you needed to pay every time you go on a ride?
Programming? What if one company controlled all computer sales and internet access, they costed $50/hour to use and each program is another $10/hour and it costed another $200/month to host anything publicly?
Re: Justice Department to file antitrust suit against Live Nation
#166I’ve said it before and I’ll say it again: kill the secondary market. Live nation should be broken up but a big driver of cost is the scalpers/hedgers who buy out everything and put it on StubHub.
Just make all sales final. Check IDs at the door, or use technology to speed up identity verification (mail out rfids, etc). Sucks if you get sick or whatever, just like many things in life where you cancel last minute. It’ll substantially decrease cost due to these bottom feeders.
Re: Justice Department to file antitrust suit against Live Nation
#167Earlier quoted context omitted.
If I understand correctly Ticketmaster is still the one creating this problem, they demand exclusivity in their contracts which often means the venue has no choice if they want to participate in a large enough market to continue operating. Similarly artists have trouble securing large venues if not participating in their scheme. This is the problem with most 'monopolies', they reach a certain critical mass where they…
> artists have trouble securing large venues Then perform smaller venues and ration tickets to your most-devoted fans. Unfortunately, if you do that, it's tough to become a billionaire. (Analogy: wineries. On the 4 x 4 of size and price point, you have wines positioned in each quadrant.) TicketMaster is, or more accurately its exclusivity requirements are, the root of the problem. But everyone around them--from the m…
It’s tough to pay your rent only playing smaller venues, let alone becoming a billionaire.
Re: Justice Department to file antitrust suit against Live Nation
#168Finally. Between the market dominance via Live Nation and Ticketmaster merge. The venue exclusivity contracts they insist upon. They are a grotesque monopoly.
They are but the DoJ is getting involved 30 years too late. They crushed all of the meaningful competition that long ago. Even breaking the company up into parts wouldn't suddenly fix the industry.
Jd was in fact involved. They green lit the merger!
Re: Justice Department to file antitrust suit against Live Nation
#169Japan has fantastic ticketing system that has reasonable ticket price that is fixed, and no scalpers can buy all the tickets because it is a lottery system.
So rationing? I wouldn't call that fantastic. Why should someone who's barely interested but willing to go for $10 more deserving of a seat than a super fan willing to save up to shell out $150 for a seat?
I'd be willing to chill next to the barely interested person instead of the superfan depending on the performance.
In the span of 1 comment I'm now sold on lottery rationing as my preferred option here.
Re: Justice Department to file antitrust suit against Live Nation
#170 The Justice Department is preparing to sue Live Nation
The specific claims the department would allege couldn’t be learned.