The Tayoncé effect: Live Nation says concert attendance was up 20% in 2023
10 months ago

The Tayoncé effect: Live Nation says concert attendance was up 20% in 2023

LA Times  

Live Nation Entertainment revealed Friday that concert attendance jumped by 20% in 2023 — the year global pop sensations Beyoncé and Taylor Swift launched their blockbuster greatest-hits tours. Music Ticketmaster gets a bipartisan grilling on Capitol Hill Senators from both sides of the aisle questioned Live Nation/Ticketmaster’s alleged monopoly, part of the fallout from November’s Taylor Swift on-sale fiasco. “The live music industry reached new heights in 2023, and demand for live music continues to build,” Michael Rapino, chief executive of Live Nation, said Friday in a statement. In early 2023, the Senate Judiciary Committee held a hearing on Ticketmaster, Live Nation and the United States ticketing market after colossal demand for Swift’s Eras tour resulted in a Ticketmaster meltdown — spurring a class action lawsuit filed by disgruntled Swifties against Ticketmaster.

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History of this topic

The Eras Tour’s greatest legacy may be the (possible) breakup of Ticketmaster
2 weeks ago

The Eras Tour’s greatest legacy may be the (possible) breakup of Ticketmaster

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. As my friend Paul R. La Monica wrote in Barron’s last month, when the company reported better-than-expected earnings: “Investors love Live Nation about as much as fans of Taylor Swift and Oasis loathe it.” It’s hard to overstate just how much of the live music experience is directly or …

Taylor Swift Fans Sue Ticketmaster for Price Gouging
54 years, 11 months ago

Taylor Swift Fans Sue Ticketmaster for Price Gouging

Wired  

A group of almost 400 fans of Taylor Swift and other musicians filed a new lawsuit in California state court on Friday against Ticketmaster and its parent company Live Nation, accusing them of colluding with partner organizations to drive up ticket prices for concertgoers. The complaint, which expands on an existing federal court case brought by Swift fans, accuses Ticketmaster …

Revealed: £300M music tycoon behind Ticketmaster's Oasis 'rip-off dynamic pricing' scandal lives in a stunning Malibu beach mansion with Star Trek actress wife - and boasts his firm's profits are like
3 months, 2 weeks ago

Revealed: £300M music tycoon behind Ticketmaster's Oasis 'rip-off dynamic pricing' scandal lives in a stunning Malibu beach mansion with Star Trek actress wife - and boasts his firm's profits are like

Daily Mail  

The music tycoon behind the company blamed for Oasis ticketing scandal lives a fabulously rich lifestyle and has likened soaring profits from live performances to 'cocaine money'. Michael Rapino is the music mogul behind Ticketmaster's dynamic pricing strategy that proved controversial last weekend when fans were left paying inflated prices for Oasis tickets. Here he is pictured with US singer …

Michael Rapino: A live music overlord
5 months, 2 weeks ago

Michael Rapino: A live music overlord

LA Times  

Michael Rapino, photographed at the Live Nation offices in Los Angeles on Jan. 16, 2018. As the long-standing head of Live Nation Entertainment, Rapino has overseen an expansion of the Beverly Hills company into the world’s largest concert promoter and a behemoth in live entertainment. Last year again saw dizzying growth — Live Nation’s 2023 revenue was up 36% to …

The Justice Department is suing Ticketmaster and Live Nation. What does that mean for concertgoers?
7 months ago

The Justice Department is suing Ticketmaster and Live Nation. What does that mean for concertgoers?

Associated Press  

Will the Justice Department’s lawsuit against Ticketmaster and Live Nation give concertgoers, sports fan and theater patrons some relief from surging ticket prices? The lawsuit could potentially lead to a breakup of Live Nation Entertainment, a company that resulted from Ticketmaster’s 2010 merger with concert promoter Live Nation. The Justice Department’s lawsuit alleges that having a giant company like Live …

Justice Department sues Live Nation, Ticketmaster over their ‘stranglehold’ on concert ticket industry
7 months ago

Justice Department sues Live Nation, Ticketmaster over their ‘stranglehold’ on concert ticket industry

LA Times  

The Department of Justice on Thursday announced that it had filed a lawsuit against Ticketmaster’s Beverly Hills-based parent, Live Nation Entertainment, seeking to break up the company over allegations that it created an illegal monopoly over the live entertainment industry. The Justice Department said in a 2019 statement that the agreement “permitted Live Nation to merge with Ticketmaster but prohibited …

Would breaking up Live Nation and Ticketmaster actually lower concert ticket prices?
7 months ago

Would breaking up Live Nation and Ticketmaster actually lower concert ticket prices?

LA Times  

The U.S. Department of Justice’s effort to break up Live Nation and Ticketmaster has been a long time coming, following years of complaints from concertgoers who say they’ve been squeezed by exorbitant prices and hidden fees when trying to buy passes to see Taylor Swift, Beyoncé and other music megastars. “It is time to break up Live Nation-Ticketmaster.” Beverly Hills-based …

Live Nation announces their 2024 'Concert Week' tickets for only $25 days after Fans First Act is pushed to US Congress
7 months, 3 weeks ago

Live Nation announces their 2024 'Concert Week' tickets for only $25 days after Fans First Act is pushed to US Congress

Daily Mail  

More than 900 entertainers will participate in shows for Concert Week Live Nation is preparing to launch its 10th Concert Week next Wednesday, five months after US Senators introduced the Fans First Act. Individuals will have the chance to purchase a concert ticket for $25 until May 14 More than 900 musicians and entertainers are included in this year's participating …

A swift rebound and unprecedented tickets sales for live music after pandemic shut venues down
10 months ago

A swift rebound and unprecedented tickets sales for live music after pandemic shut venues down

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

A swift rebound and unprecedented tickets sales for live music after pandemic shut venues down
10 months ago

A swift rebound and unprecedented tickets sales for live music after pandemic shut venues down

Associated Press  

Powered by big stadium tours from artists like Taylor Swift and Beyoncé, ticket sales are booming and it appears likely that live acts will continue to draw massive crowds this year after the pandemic closed down concert venues globally for close to two years. Concert and event producer Live Nation confirmed this week what data has been showing for more …

Live music ticket prices are skyrocketing. How are celebrities encouraging fans to spend more?
1 year, 3 months ago

Live music ticket prices are skyrocketing. How are celebrities encouraging fans to spend more?

ABC  

In June, tickets to Taylor Swift's first Australian tour in five years went on sale, with some VIP tickets going for up to $1,250 each. It's in Taylor Swift's interest to nurture her fans' sense of connection with her, researcher Georgie Carroll says. Dr Carroll, who has been studying Taylor Swift fandom for the past five years, says it's no …

California lawmakers act after Taylor Swift ticket fiasco. Ticketmaster tries to shake it off
1 year, 5 months ago

California lawmakers act after Taylor Swift ticket fiasco. Ticketmaster tries to shake it off

LA Times  

Claire Fenn grew up listening to Taylor Swift’s music, so when the artist announced her latest tour, she jumped at the chance to buy tickets. “I feel like if I don’t try then my show may never come.” The botched sale for Swift’s Eras tour fueled criticism from federal and state politicians about Ticketmaster’s dominance in the live music industry. …

Senators grill Ticketmaster after Taylor Swift fiasco
1 year, 11 months ago

Senators grill Ticketmaster after Taylor Swift fiasco

Associated Press  

Senators grilled Ticketmaster Tuesday, questioning whether the company’s dominance in the ticketing industry led to its spectacular breakdown last year during a sale of Taylor Swift concert tickets. Live Nation’s President and Chief Financial Officer Joe Berchtold apologized to fans and to Swift on Tuesday, and said the company knows it must do better. But competitors, like Seat Geek CEO …

Ticketmaster blames cyberattack for Taylor Swift tour debacle
1 year, 11 months ago

Ticketmaster blames cyberattack for Taylor Swift tour debacle

Raw Story  

US concert booking website Ticketmaster was hit by a cyberattack last year that led to it botching sales for Taylor Swift's US tour, it told lawmakers on Tuesday as it apologized to the pop superstar and her fans. Joe Berchtold, the president of parent company Live Nation, told the Senate Judiciary Committee the meltdown came after the website was "hit …

The Senate's Ticketmaster hearing featured plenty of Taylor Swift puns and protesters
1 year, 11 months ago

The Senate's Ticketmaster hearing featured plenty of Taylor Swift puns and protesters

NPR  

The Senate's Ticketmaster hearing featured plenty of Taylor Swift puns and protesters Enlarge this image toggle caption Drew Angerer/Getty Images Drew Angerer/Getty Images The Senate Judiciary Committee held its much-anticipated hearing into Live Nation and the lack of competition in the ticketing industry on Tuesday. Sponsor Message Entertainment and industry experts blame Ticketmaster Enlarge this image toggle caption Andrew Harnik/AP …

A tale of Ticketmaster, Swifties and monopolies
2 years ago

A tale of Ticketmaster, Swifties and monopolies

Live Mint  

There are few stars in today’s fragmented pop landscape who can generate near-nuclear levels of buzz with a simple tour announcement, and one of them is Taylor Swift. On 18 November, the US justice department announced an investigation into Live Nation Entertainment, the world’s biggest concert promoter, which also owns Ticketmaster. It had also come to be despised by many …

Taylor Swift Eras Tour | What went wrong with online booking platform Ticketmaster?
2 years ago

Taylor Swift Eras Tour | What went wrong with online booking platform Ticketmaster?

The Hindu  

The story so far: Pop singer Taylor Swift’s much awaited Eras tour is scheduled to start on March 17, 2023 in the United States. Ticketmaster, the American ticket sale and redistribution company, began the presale of tickets for Taylor Swift’s Eras tour on November 15. “In some instances, events on our platform may have tickets that are “market-priced,” so ticket …

Online ticket booking platforms like Ticketmaster may need breakup, U.S. senators say
2 years, 1 month ago

Online ticket booking platforms like Ticketmaster may need breakup, U.S. senators say

The Hindu  

Ticketmaster and owner Live Nation Entertainment, the events ticketing giant behind the recently botched sale of Taylor Swift concert tickets, should be broken up by the Department of Justice if any misconduct is found in an ongoing investigation, Democratic senators said Monday. In a letter to the U.S. Attorney General Merrick Garland, senators Richard Blumenthal of Connecticut, Amy Klobuchar of …

Taylor Swift tickets cost upwards of $20,000 on resale market
2 years, 1 month ago

Taylor Swift tickets cost upwards of $20,000 on resale market

Daily Mail  

Fans who want to watch Taylor Swift perform from the floor on her Eras tour will have to pay an astronomical amount to do so. These huge prices came after the ticket sales company Ticketmaster canceled its public sale for the tour and experienced issues with its initial ticket rollout. Thousands: The 32-year-old's concert tickets are selling for upwards of …

What radicalized Taylor Swift fans can do to Ticketmaster, and what only the Department of Justice can do.
2 years, 1 month ago

What radicalized Taylor Swift fans can do to Ticketmaster, and what only the Department of Justice can do.

Slate  

No one should feel bad for Taylor Swift. Because of Ticketmaster’s fluctuating prices, fans trying to buy concert tickets for artists like Bruce Springsteen and Blink-182 have paid hundreds or thousands of dollars, far above what even loyal fans expected to pay. Ticketmaster’s monopoly power means Swift and her fans are stuck with the company’s predatory fees and terrible service. …

Taylor Swift says her team was assured ticket demands would be met for her Eras tour
2 years, 1 month ago

Taylor Swift says her team was assured ticket demands would be met for her Eras tour

NPR  

Taylor Swift says her team was assured ticket demands would be met for her Eras tour Enlarge this image Evan Agostini/Invision/AP Evan Agostini/Invision/AP Ticket sales for Taylor Swift's upcoming tour have not gone, in the words of the chart-topping singer, all too well. Ticketmaster has not responded to NPR's request for comment, but did publish a statement on Thursday called …

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