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Ticketmaster's revenue also grew 73% between the first and second quarter of 2023 and the company sold a record-breaking 90 million tickets during the first five months of the year.
The US Department of Justice has sued entertainment company Live Nation, parent company of Ticketmaster, after a two-year investigation into its domination of the ticketing industry.. The case ...
The Justice Department sued Ticketmaster and its parent company Thursday, accusing them of running an illegal monopoly over live events in America and asking a court to break up the system that ...
Ticketmaster, which merged with Live Nation in 2010, is the world’s largest ticket seller across live music, sports, theater and more. During its annual report last month, the company said Ticketmaster distributed more than 620 million tickets through its systems in 2023.
Taylor Swift performing on the Eras Tour in 2023. Ticketmaster received criticism for mishandling the U.S. ticket sale of the tour.. The American ticket sales platform Ticketmaster and its parent company Live Nation Entertainment were met with widespread public criticism and political scrutiny over blunders in selling tickets to the 2023 United States leg of the Eras Tour, the sixth concert ...
But Garland noted the annoyance isn’t why the Justice Department sued. “We’re here not because Ticketmaster’s conduct is inconvenient or frustrating … we’re here because it’s illegal ...
In May 2013, Ticketmaster agreed to pay up to $23 million for enrolling customers into a rewards program that charged $9 per month. Ticketmaster made $85 million in fees, from customers who took about eight months on average to cancel their enrollment in the program. 1.12 million customers were eligible to claim up to a $30 refund. [62]
The Justice Department sued Ticketmaster and its parent company Live Nation on Thursday, accusing the ticketing companies of blocking competition in the live entertainment industry. The DOJ, which ...