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Ticketmaster and its parent company, Live Nation, are offering a promotion through the end of July that lets users buy four tickets for $80 to selected shows.. The offer is good for thousands of ...
Only by adding the ticket to their cart, signing in to Ticketmaster, and then proceeding with the purchase would they see the total climb to $48.25, due to “service fees.”
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 its parent company Live Nation Entertainment were met with widespread public criticism and political scrutiny over blunders in selling tickets to the 2023 United States leg of the Eras Tour, the sixth concert ...
Service fee – Sum of charges added based on the "agreement with each client (artists)" and the order processing fee. Ticketmaster "may earn a profit on the order processing fee". [41] As the Los Angeles Times has explained, "the 'service fee' is intentionally kept separate from the list price for two reasons: to make the base price of a ...
The company has faced various lawsuits alleging ticket price fixing, hidden fees and anti-competitive practices. [ 50 ] [ 51 ] [ 52 ] In May 2022, Representative for New Jersey's 9th congressional district Bill Pascrell stated that he had issued letters to the Federal Trade Commission and U.S. Department of Justice calling for Live Nation to be ...
Ticketmaster’s Exclusive Deals Are ‘the Cornerstone of Live Nation’s Monopoly,’ AEG Chief Jay Marciano Says in Internal Memo Jem Aswad May 31, 2024 at 2:36 PM
Vivid Seats was founded in Chicago, Illinois, in 2001 by Jerry Bednyak and Eric Vassilatos. [11] Vivid Seats has been invested in by two private equity companies, Vista Equity Partners in 2016 and GTCR in 2017. GTCR bought a majority stake [12] for $575 million. [13] Vivid Seats is a member of the Internet Association, which advocates for net ...
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 ...
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