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The word "Ticketmaster" was trending number one worldwide on various social media platforms such as Twitter and TikTok. [96] Several US lawmakers took notice of the issue. US congresswoman Alexandria Ocasio-Cortez tweeted that Ticketmaster is a monopoly and that it must be unmerged from Live Nation Entertainment .
With icons like Taylor Swift on tour this summer, concert ticket purchases are booming. Unfortunately, so are ticket scams. In 2022, the Better Business Bureau (BBB) received over 140 reports on ...
By 1990, Ticketron had 750 outlets and had a 40% market share, behind Ticketmaster with 50% of the market. [6] In 1990 the majority of Ticketron's assets and business, with the exception of a small antitrust carve-out for Broadway's "Telecharge" business-unit, were bought by The Carlyle Group who sold it the following year to rival Ticketmaster ...
Live Nation is an American events promoter and venue operator based in Beverly Hills, California.Founded in 1996 by Robert F. X. Sillerman as SFX Entertainment, the company's business was built around consolidating concert promoters into a national entity to counter the oversized influence of ticket behemoth Ticketmaster.
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In 2009, Live Nation and Ticketmaster, a concert promotion firm and ticketing company, reached an agreement to merge. The new company received regulatory approval and was named Live Nation Entertainment. [5] [6] Michael Rapino, then CEO of Live Nation, became the new company's CEO, while Ticketmaster CEO Irving Azoff was named executive ...