Live Nation Entertainment says it knows many music and sports fans hate the company and blame it — and subsidiary Ticketmaster — for sky-high ticket prices.
But the executive vice-president of the world’s largest entertainment company insists the conglomerate is not a monopoly and should not be broken up.
But Wall defended his company and said he will fight moves to split up Ticketmaster and Live Nation after a recent landmark verdict by a U.S. federal jury.
Live Nation and ticket master are why I haven’t attended a concert in over a decade. I’ve looked at ticket prices, seen how they’re so badly scalped, and decided not to go. I’ve done this dozens of times now.
I hear you. I’m a bit older but have avoided concerts because of this new greed. When there was no middle man we’d just camp out overnight to be one of the early ticker buyers, and the tickets were reasonably priced. One good thing is that a lot of the concerts I missed are popping up for free on youtube.
I’m not sure if it was just a thing where I grew up, but I miss being able to buy concert tickets at the grocery store service desk.