‘Break Up Ticketmaster’ Coalition Applauds DOJ Probe of Online Ticketing Giant (CommonDreams)

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    • #498186
      mrdmk
      Participant
      • Total Posts: 4,404

      “This is a day of optimism and hope for over 40,000 people who have called on the DOJ to break up Live Nation-Ticketmaster, a corporation that has bent and broken the industry to its will since its entities merged in 2010.”

      by Kenny Stancil

       

      A coalition of anti-monopoly advocates cheered Friday after reporting confirmed that the U.S. Department of Justice has launched an antitrust investigation into Live Nation, the owner of Ticketmaster.

      “We are thrilled to see the Department of Justice Antitrust Division investigate Live Nation-Ticketmaster’s ongoing monopoly abuse of fans, artists, venues, and live events professionals,” the Break Up Ticketmaster Coalition said in a statement.

      The probe predates the debacle that began this week when Ticketmaster’s website malfunctioned as millions of people attempted to purchase tickets for pop star Taylor Swift’s upcoming concert tour, according to The New York Times, which reported:

      Members of the Antitrust Division’s staff at the Justice Department have in recent months contacted music venues and players in the ticket market, asking about Live Nation’s practices and the wider dynamics of the industry, said the people, who spoke on the condition of anonymity because the investigation is sensitive. The inquiry appears to be broad, looking at whether the company maintains a monopoly over the industry, one of the people said.

      LINK–CommonDreams, ‘Break Up Ticketmaster’ Coalition Applauds DOJ Probe of Online Ticketing Giant

       

      (Stealing this from a Common Dreams Poster) “The music business is a cruel and shallow money trench, a long plastic hallway where thieves and pimps run free and good men die like dogs. There’s also a negative side.” Hunter S. Thompson

       

      Go ahead and read the article if you want. More tears for Taylor Swift, and for good measure some lip service from the Democrats. To add some creditability to the effort, Neal Young is said to be fighting Ticketmaster for a long time, which is true. The comments, except for the one above, are cyber time travel into the past. But, I have another story to tell…

      You would not find this story in the Los Angeles Time, yet there were many stories in the LA Weekly. There was a major problem with Ticketmaster starting in the early 1980s which was not a bug, but turned into a feature. When Ticketmaster would sell tickets to sporting events and other high value entertainment, they would sell at 10% over the actual occupancy, especially in the first come, first served seating. This was not unheard of in other industries, which sold tickets for services. The Airline Industry did the 10% on flights during the same time (now people pay ahead for a reserved seat). This was the standard at the time because let’s say you have an event and an audience of a 100 people, on average 10 people would not make. It was a proven statistic at the time. Being a statistic, let’s say 102 people showed up, well there is always a spot for two more people and the airlines would find you another fight the same day. It did not stop there.

      Ticketmaster, being the capitalist vultures they are, decided to go the next step. Promoters for music, plays and movies started to use Ticketmaster because they were located in Sears and were open from 10am to 7pm and made it easy for the public to buy tickets. So instead of selling the accepted 10% over, Ticketmaster sold namely rock music shows 25% over. To add insult to injury, Ticketmaster would keep 100% of the 25% over. This practice came to light when some idiot at Ticketmaster did the same thing to Las Vegas shows. Remember, this is the early 1980s.

      Here are some other events that were happening at the same time, the U.S. Government was purposely changing from an industrial based economy to a service based economy, Fed Chair Paul Volcker was doing everything he could to contract the economy, Mother Against Drunk Driving (MADD), Sobriety Traffic Stops, Sin Taxes were the fastest rising taxes, local politicians in Southern California wanted less partying by the masses. So the politicians turned to Ticketmaster and the Fire Department. This was especially so when some local yoyo politician’s kid could not get into a venue after Ticketmaster over sold the event 35%. This story and many others made into the Los Angeles Times, the part about Ticketmaster overselling the event did not. Note: Ticketmaster did advertise in the Los Angeles Times.

      So here was the deal, to cut down on live entertainment, Ticketmaster at the wink and a nod from local politicians, would oversell and event and somehow the Fire Department would be notified. The Fire Department would call the event a fire hazard, the police would close down the event, then Ticketmaster would keep all the money saying the promoter violated the contract. This put many promoters out of business. Some attempted to sue Ticketmaster, but they were a protected racket. By the mid 1990s, this operation all but killed live music events, including stadium events.

      By the 2000s, the music recording industry were showing signs of failure. Between, bands being able to record in LA, but not play live and Napster, the music industry turned into a train wreak. Now we are to take action because of Taylor Swift, when this crap started 40 years ago. Ticketmaster, thus Live Nation are not the only problem, likewise, they are the only symptom. It is much deeper.

      If you cannot dazzle them with brilliance, baffle them with bullshit WC Fields

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    • #498201
      NV Wino
      Moderator
      • Total Posts: 9,528

      I say, fine.

      “As we act, let us not become the evil that we deplore.” Barbara Lee
      “Politicians and pro athletes: The only people who still get paid when they lose.” William Rivers Pitt

    • #498214
      Utopian Leftist
      Participant
      • Total Posts: 1,190

      Better late than never.

      Imagine having the power to bend the banks to your will. I had Dead Can Dance tickets during the pandemic. The show got cancelled and Ticketmaster refunded my OLD BANK ACCOUNT, which I had already CLOSED! I had to contact the old bank to get them to send me a check from my closed account. The bank was as shocked as I was about the whole thing. Imagine forcing the banks to service closed accounts. “But sir, why would there be money in your account when you’ve already closed it?” Oy.

      “It is no measure of health to be well adjusted to a profoundly sick society.” ~ Krishnamurti
      "Given the choice between a Republican and a Democrat who acts like a Republican, the voter will choose a Republican every time." ~ Harry Truman

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