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Ticketmaster "may earn a profit on the order processing fee". [ 42 ] As the Los Angeles Times has explained, "the 'service fee' is intentionally kept separate from the list price for two reasons: to make the base price of a ticket appear more affordable, and to create the impression that only Ticketmaster pockets that fee."
Ticketmaster is telling fans who claim their concert tickets disappeared from their accounts, costing them thousands of dollars, that they were victims of hackers. "What we’re seeing is scammers ...
Ticketmaster's recent troubles. In May, Live Nation said it was investigating a data breach that affected some users who had bought tickets in North America. The leaked information may have ...
Some Ticketmaster users are encountering a mysterious situation where expensive concert tickets they purchased are getting transferred out of their accounts without their permission.. According to ...
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 ...
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 ...
This "sold-out" status increases the ticket's potential market value. Critics of the industry compare the resale of tickets online to ‘ticket touting’, ‘scalping’ or a variety of other terms for the unofficial sale of tickets directly outside the venue of an event.
In addition to Ticketmaster, Live Nation owns or controls more than 265 concert venues in North America, including more than 60 of the top 100 amphitheaters in the U.S. Best of Variety.
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