The Justice Department and a grouping of states are suing Live Nation Entertainment over TIcketmaster and their alleged monopoly.
HipHopWired Featured Video Source: SOPA Images / Getty After a huge online fiasco involving tour tickets for Taylor Swift, the Department of Justice is now reportedly beginning to investigate Live Nation & Ticketmaster’s practices. According to reports, the anger and frustration expressed online last week Tuesday (Nov. 15) by fans of the pop singer trying to get tickets for her upcoming Eras tour, prompted the federal body to investigate Ticketmaster and its parent company, Live Nation Entertainment. Ticketmaster offered an apology to Swift and the fans in a statement released via Twitter last Friday (Nov. 18). The company claimed that a combination of record-high demand (reportedly 3.5 billion requests were made), bot attacks, and requests without special codes “broke parts of their w...
As the Southern California-Las Vegas corridor develops into the largest year-round U.S. festival market, rival live-industry giants Live Nation and AEG are battling for control through competing minifestivals — genre-specific, commuter-friendly events that require little or no travel commitment, have lower ticket prices and could work nationally, spurring growth in a crowded market. AEG-owned Goldenvoice once dominated that niche sector, but industry sources say the former talent buyer who delivered them there, Jeff Shuman, may have helped Live Nation build a superior model: a minifestival with the potential to generate Coachella-size attendance numbers. On Oct. 22, 23 and 29, Live Nation will debut When We Were Young, a pop-punk/emo minifest — headlined by My Chemical Romance and Paramore...