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(Reuters) - The U.S. Justice Department on Thursday sued to break up Live Nation Entertainment, saying the big concert promoter and its Ticketmaster unit illegally inflated concert ticket prices ...
According to trade publication Pollstar, the average ticket price from the 100 top tours in 2023 was $122.84, which was 17% higher than the year before and a 31% increase compared to the average ...
Ticketmaster controls more than 80 per cent of the market for primary ticket sales in the US. It maintains that control by striking deals with the nation’s largest venues, ensuring that any ...
It recorded unprecedented ticket sale registrations across the globe, including a virtual queue of over 22 million customers for the Singapore tickets. The first sale in the United States crashed controversially , drawing censure from bipartisan lawmakers, who proposed implementation of price regulation and anti- scalping laws at state and ...
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 ...
Ticketmaster was the subject of several controversies, such as anti-competition claims, deceitful relationships with scalpers, data breach, deceptive pricing, and dynamic pricing. According to consumer organizations , Ticketmaster and Live Nation control over 70% of the primary ticketing and live event venues market. [14]
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