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It also must be noted, as Live Nation often does, that Ticketmaster does not set ticket prices — artists or promoters do — and it does not charge the bulk of the service fees that so enrage ...
Live Nation manages more than 400 musicians, bringing in $22 billion in revenue per year. It handles 60% of the promotions at major venues. It also directly owns 265 venues in North America ...
Number of employees. 6,678. Parent. Live Nation Entertainment (2010–present) Website. ticketmaster.com. Ticketmaster Entertainment, LLC is an American ticket sales and distribution company based in Beverly Hills, California with operations in many countries around the world. In 2010, it merged with Live Nation under the name Live Nation ...
Michael Campanella. The Justice Department filed a lawsuit Thursday seeking to break up Live Nation, alleging that the parent company of Ticketmaster has hurt consumers and violated antitrust laws ...
Taylor Swift performing on the Eras Tour in 2023. Ticketmaster received criticism for mishandling the U.S. ticket sale of the tour.. The American ticket sales platform Ticketmaster and the parent company Live Nation Entertainment received widespread public criticism and political scrutiny over blunders in selling tickets to the United States leg of the Eras Tour (2023), the sixth concert tour ...
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Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It promotes, operates and manages ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.
The House passed the Transparency in Charges for Key Events Ticketing Act on Wednesday in an effort to increase price transparency for consumers. The TICKET Act would require sellers to list the ...
After ticket sales for Taylor Swift's Eras Tour rose to as much as $28,000 per ticket on Ticketmaster, Skrmetti opened an investigation into possible violations of antitrust laws, saying that the issue consumers experienced in obtaining tickets might be an indication of not enough competition, though Ticketmaster and LiveNation's merger has been approved through 2025 by the US Department of ...
May 23, 2024 at 7:25 AM. Why Ticketmaster Owner Live Nation's Shares Are Tumbling Today. Live Nation Entertainment Inc (NYSE: LYV) shares are trading lower on Thursday as the company faces a legal ...
Greg Maffei, chairman of Live Nation Entertainment, said Ticketmaster prepared for 1.5 million verified fans, but 14 million showed up. Ticketmaster also cancelled the November 18 sale due to their inability to meet demand. Swift's fans, upset and enraged with the debacle, accused Ticketmaster of deceit and poor customer service.