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Dynamic pricing. Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based pricing, is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands. It usually entails raising prices during periods of peak demand and lowering prices during periods ...
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 ...
Ticket resale (also known as ticket scalping or ticket touting when done for profit) is the act of reselling tickets for admission to events. Tickets are bought from licensed sellers and then sold for a price determined by the individual or company in possession of the tickets.
What does the Ticketmaster, Live Nation lawsuit say? With more than 265 concert venues in North America, the lawsuit says Live Nation controls roughly 60% of concert promotions at major concert ...
The Justice Department and several states are expected to file a lawsuit as soon as Thursday against Live Nation Inc, citing alleged antitrust violations at least in part due to the market ...
In December 2022, several fans sued Ticketmaster for many violations such as intentional deception, fraud, price fixing, and antitrust. Publications opined the controversy highlighted one of the longstanding issues in the music industry and that the U.S. Department of Justice had been investigating the merger.