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FOXNEWS FOX News Sunday June 4, 2024 19:47:00

Shannon: wait a minute, marie, is that blaming taylor swift. she is very angry. and her fans are angry. ticketmaster, not the best pr strategy to blame taylor swift, one of the biggest pop stars in the world, and she actually may get some regulatory action here. ticketmaster is a monopoly. they are the only way to get tickets to a majority of events, football games, concerts, and now we have the tennessee attorney general, other federal agencies investigating this company. taylor swift gets things done and, look, she has power as an artist with so many fan, and you saw what happened when they were disappointed. shannon: all right. ticketmaster went through explaining exactly what happened. many part they said the biggest venues and or artists turn to us because we have the leading ticketing technology in the world, and that doesn t mean it s perfect. but, josh, it may mean they re the only game in town. so ticketmaster is basically saying, shake it off [laughter] shannon: oh, no, ....

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FOXNEWS FOX News Sunday June 4, 2024 19:48:00

The tennessee attorney general, republican, it s not going to work in congress where democrats are starting to wonder about ticketmaster s monopoly. that s the big problem, ticketmaster has this monopoly over ticket sales. if i want to buy a nationals ticket or go to a sporting event, there are a lot of different choices i have. but because of the merger between ticketmaster and live nation, there s not a lot of choices, and it all goes through one ticket broker. so i think that is going to be the issue that congressional regulators start looking at. zap saab well, we ve heard from the venues as well who say they have to play this game or else there are concerns that live nation and ticketmaster are so giant, they will actually put together their own venues and route things to other places. so you mentioned the democrats over on the house side, a number of them wrote a letter to the attorney general on thursday. they said there s overwhelming evidence that the merger between the world ....

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FOXNEWS Fox News at Night June 4, 2024 05:28:00

It s totally fair to look at that. there s been a lot of attention when that merger was put together with doj approving it 12 years ago. i think you have to look at exclusivity between venues and ticketing services. that s probably where i would look to free things up rather than surgically pulling the whole thing apart that doesn t sound too realistic to me. trace: i want to put this up on the screen this is ticketmaster statement when i finally apologize we want to apologize to taylor and all of her fans especially those who had a terrible experience trying to purchase tickets while it s impossible for everyone to get tickets to these shows we know we can do more to improve the experience and that s what we are focused on. all of a sudden they realize we are in the hot seat and we need to come out with a better explanation than it s taylor s fault. someone needs to figure out a way to manage more traffic because this could happen again. on a commercial level she s got ten out o ....

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