Jump to content

Live Nation buys Ticketmaster!


Recommended Posts

http://www.brooklynvegan.com/archives/2009...1.html#comments

 

The only thing worst than Ticketmaster is Live Nation! There web page is terrible and can't handle a large onsale. Also there service charges are more if that is possible! :frusty

 

Yeah, and then there was the horseshit about not charging outrageous "Convenience fees" like ticketmaster. That went out the window pretty quick. Isn't this a monopoly or something?

Link to post
Share on other sites

http://www.washingtonpost.com/wp-dyn/conte...d=moreheadlines

 

 

there will likely be anti-trust investigations/hearings before the merger is allowed to be complete. the article in the post earlier today said that the merger would allow the companies to have stronger bargaining power and could pay artists less for concerts which would then = cheaper ticket prices. more like a way to increase profits for the music industry and take money away from the artists. the article even points out that they sidestepped talking about the hefty fees the ticket companies add on. the article now deals more with the anti-trust issue and ticket scams that ticketmaster seems to encourage to over inflate ticket prices. bruce is not pleased.

Link to post
Share on other sites
In theory, in an acquisition they buy everything including the technology, so maybe they will swap out their poor Web site for the better one.

Isn't it more of a merger than a takeover? At any rate, they will use the Ticketmaster technology. That's the part Live Nation needs. Say what you will about TM but anybody who can sell out 10 or 15 dates of a tour, 20,000 tickets per date, in an hour or less, have a pretty sophisticated technology.

 

But yeah, this does not bode well for concert goers.

Link to post
Share on other sites
  • 3 weeks later...
Isn't it more of a merger than a takeover? At any rate, they will use the Ticketmaster technology. That's the part Live Nation needs. Say what you will about TM but anybody who can sell out 10 or 15 dates of a tour, 20,000 tickets per date, in an hour or less, have a pretty sophisticated technology.

 

After a few more weeks of hindsight this should officially be updated to "sophisticated crookedness", no?

 

But yeah, this does not bode well for concert goers.

 

A-greed.

Link to post
Share on other sites
  • 2 weeks later...

This is in today's Wall Street Journal. Apparently some big-name acts have been selling their own tickets through the "secondary" market (i.e. scalping). I've always suspected as much, but it's nice to see proof:

 

http://online.wsj.com/article/SB123672740386088613.html

 

This isn't the only thing they do, either. Some performers will insist on low sticker prices for their tickets but then take a cut of the service fees charged by Ticketmaster. This way they get to act like they care about their fans (offering low ticket prices) and publicly complain about Evil Ticketmaster while profiting.

 

I'm still trying to figure out how the Ticketmaster-Live Nation merger will have any effect on anything. LN does their own ticket distribution for their own venues, and TM does exclusive deals with other venues. It's the venues (and, to some extent, the performers) who have market power here and can demand a markup. Or am I missing something?

Link to post
Share on other sites
  • 10 months later...

Sign a petition to stop merger:

http://www.ticketdisaster.org/

 

If you are disgusted with paying more and more every year for the live concert experience THEN ACT NOW, CLICK ON THE LINK IMMEDIATELY BELOW AND SEND A MESSAGE TO THE U.S. DEPARTMENT OF JUSTICE URGING THEM TO STOP THIS MERGER HERE!

antitrust.complaints@usdoj.gov

 

 

Another Planet link

 

Tell your friends!

Link to post
Share on other sites

When I tried (and failed) to buy Wilco tickets for the upcoming Philly concert Live Nation flipped me over to Ticketmaster when I clicked the "Buy Tickets" button, so they've already been working together for awhile.

 

With the overwhelming number of ticket purchasers using the internet to secure tickets, why don't the venues just sell their tickets themselves on the net? I'd rather pay them a S&H fee than the outrageous fees we're paying the middlemen.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...