It's a pairing to one in the music business outside of shareholders and executives at music behemoth Live Nation thinks is a good idea. In January of 2023, Congress held hearings after too many kids of congressional leaders weren't able to get the Taylor Swift tickets Live Nation and its subsidiary Ticketmaster promised because of technical glitches.on May 27 that may have included credit card numbers.
When it comes to concerts, Live Nation owns them. Period. This May, the U.S. Department of Justice and 30 state and district attorneys general which says among other things that the DOJ lawsuit will do nothing to reduce ticket prices or service fees and that they have proof"Live Nation and Ticketmaster do not wield monopoly power.".
Note that it was 18 months ago when Congress held hearings blasting Live Nation and Ticketmaster, yet nothing has changed. As is the norm in the federal government, inertia and money have won over action and common sense. And artists are hamstrung by their need to make a living given how short the lifespans of their careers tend to be nowadays.
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