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Wall goes on to compare Ticketmaster’s 5% take rate with that of companies like Twitch (50%), StubHub (37%), Uber (25%) and several more. But with the exception of StubHub — a resale platform ...
By Mike Scarcella. (Reuters) -Live Nation and its Ticketmaster unit have been hit with the first in a likely wave of new consumer antitrust lawsuits after the U.S. government and states sued to ...
May 23, 2024 at 10:25 AM. Why Ticketmaster Owner Live Nation's Shares Are Tumbling Today. Live Nation Entertainment Inc (NYSE: LYV) shares are trading lower on Thursday as the company faces a ...
Thu, May 23, 2024 · 3 min read. Reuters / Reuters. The Justice Department and 30 state and district attorneys general are attempting to break up Ticketmaster owner Live Nation. They claim in an ...
Public frustration with concert ticket pricing and sales is a constant drumbeat," attorneys wrote. "The fees that must be paid to attend a live concert in America far exceed fees in comparable ...
The regulator has taken its first legal action using the Better Online Ticket Sales (BOTS) Act meant to punish these scalping practices. The owners of Concert Specials, Just in Time Tickets and ...
Thu, Jun 15, 2023 · 2 min read. USA TODAY USPW / reuters. It’s never fun when you buy a concert ticket for $30, only to find out it actually costs three times that after an endless series of ...
For example, a 2022 Red Hot Chili Peppers show at Bank of America Stadium in Charlotte, N.C. had per-ticket fees of $25.75, plus $3.49 for processing, meaning one concert-goer would pay $29.24, an ...