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Obstructed view tickets without telling buyers and pulled particulars from buyers baskets before they could complete the sale. 2500 for each violation putting any settlement in the millions. it began to unravel in november when ticketmaster anticipating demands had fans get in line electronically to pre-register. millions signed up. on sale day fans overwhelmed it and scalpers reselling tickets for $25,000 and many pre-registered fans got nothing. taylor swift said the company told her it could handle the demand. they said there were bought bot attacks. the senate plans to investigate for fraud and price fixing. followed ticketmaster merger with live nation a few years ago. tickets averaged $2500 days ....
Ticketmaster over the on botched sales for the pop star awe upcoming concert tour. the suit includes charges of fraud, price fixing and diswepgz, and chief among them allowing scalpers to scoop up many of the tickets. swift apologized to her fans for the situation. five-year-old rylee mcnamara is recovering at her connecticut home tonight after a scary encounter on friday. a raccoon attacked and bit rylee just as she stepped out of the house. you can hear her screaming. seconds later mom logan came to rylee s rescue also getting bit before tossing the assailant away. look at this. mom and rylee will need a series of rabies shots. some of the biggest names in entertainment are celebrated at the annual kennedy center ho honors. that s next. at pfizer, we re driven by this impulse. we ve reached hundreds of millions of lives with our covid-19 response. ....
Says, she said we could have filled nine hundred stadiums so the issue is , is almost not you can t blame one or blamey is the other. and if we break up, if we say it s a monopoly, we breaku know ticketmaster, somebody else is going to come in and they re going to say, you know, we ll charge less and then the scalpers come in and they then buy thosey those ti e ticko so the effort to sell ticketsvec cheaper ends up more expensive. ausebecause the scalpers get inn the way. what are we paying for ? a because those fees arere really high, but like pro scalpers. r e sdoino i think they re doig great and i just want to give them a hand right here.g simi i understand what taylor ilasf o going for because i went through something similar. i don t know if you know this,a harris, but i wrote a bestbook selling book called how i save the world when it launched justs your world or everybody else s. trsty to follow along. and it s such a powerful launch that we sold tens of thousandse of copies ....
Take. for sure but she s doing a lot of great things creatively and on the business front. here, she and live nation were trying to do the right thing they wanted to put tickets in the hands of her fans first. they also wanted to be smart about pricing strategy to push back on scalpers on the secondary market. you see this a lot, springsteen had a lot of flak as well around prices. this is what it is, there are bots that are out there it s not a perfect situation, she is a capitalist for sure. these guys have been through pandemic they lost touring for two or three years you can expect to see it and look at the demand i think someone said she would have to do 900 shows to meet all that demand. trace: she is a lot of people lying on her what you make of these congressional calls to break up live nation ticketmaster. not very much right now i think there are some pretty funky stuff in terms of the way this business is structured and ....
The prices, what happened here is dynamic pricing happens, ticketmaster put into place about six months ago. if you remember the bruce springsteen event when bruce springsteen ticket prices were like $5,000, they are chasing algorithms. the people are doing is getting online and they put in algorithms so people can so they can avoid scalpers and give presale people the best prices. but the best prices go up very quickly because of this algorithm. trace: all of these charges, it s crazy. i want to put this up. a country singer tweeted all my homies hate ticketmaster. live from red rocks. that is the just. people like zach brian and you have big stars, huge stars, the biggest star in the world, taylor swift. ....