Breakup of Ticketmaster and Live Nation urged during U.S. hearing
Industry observers say major venues fear they'd lose out on Live Nation shows by using platforms besides Ticketmaster for their ticket sales.
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Industry observers say major venues fear they'd lose out on Live Nation shows by using platforms besides Ticketmaster for their ticket sales.
Senators grilled Ticketmaster Tuesday, questioning whether the company’s dominance in the ticketing industry led to its spectacular breakdown last year during a sale of Taylor Swift concert tickets.
Live Nation’s President and Chief Financial Officer Joe Berchtold apologized to fans and to Swift on Tuesday. Read more at Boston.com.
Live Nation Entertainment president Joe Berchtold claimed that bots were to blame for the Taylor Swift tour sale fallout that prompted the Senate Judiciary Committee hearing
Some lawmakers suggested it may also be necessary to split Ticketmaster and concert promoter Live Nation, which merged in 2010.