Current:Home > ContactSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -InvestTomorrow
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View
Date:2025-04-17 09:25:47
It's been 13 years since the Justice Department allowed a merger between corporate giants Live Nation and Ticketmaster to go through, creating the largest live event company in the country, if not the world. The deal was subject to an agreement with the government that set certain conditions and limitations on the companies' operations, in order to prevent the conglomerate from becoming a monopoly.
"They said in the hearing it was something like 87% of the entire ticketing industry," says Variety senior editor Jem Aswad, "and it's hard to make a case that that's not a monopoly." Aswad joined All Things Considered following a Senate Judiciary Committee hearing Tuesday that focused on whether, after a Taylor Swift ticketing debacle in the fall and years of criticism from artists over anticompetitive practices by the company, a breakup of the two companies should be seriously considered.
To hear the full conversation, use the audio player at the top of this page.
veryGood! (974)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Cameo is being used for political propaganda — by tricking the stars involved
- Miranda Kerr Gives Birth to Baby No. 4, Her 3rd With Evan Spiegel
- What's on the Michigan ballot for the 2024 primary? Here's what's being voted on today.
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- By defining sex, some states are denying transgender people of legal recognition
- Kensington Palace Shares Update on Kate Middleton as Prince William Misses Public Appearance
- NYC officials shutter furniture store illegally converted to house more than 40 migrants
- The Best Stocking Stuffers Under $25
- Musher who was disqualified, then reinstated, now withdraws from the Iditarod race across Alaska
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- TV Host Jesse Baird and Luke Davies Murder Case: Police Find Bodies of Missing Couple
- NFL scouting combine is here. But there was another you may have missed: the HBCU combine
- Musher who was disqualified, then reinstated, now withdraws from the Iditarod race across Alaska
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- San Francisco is ready to apologize to Black residents. Reparations advocates want more
- Family Dollar Stores agrees to pay $41.6M for rodent-infested warehouse in Arkansas
- Rapidly expanding wildfires in the Texas Panhandle prompt evacuations
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Book excerpt: What Have We Here? by Billy Dee Williams
Ariana Grande Addresses Media Attention Amid Ethan Slater Romance
Get 46% off an Apple Watch, 67% off Kate Spade Bags, 63% off Abercrombie Bomber Jackets & More Deals
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Federal Data Reveals a Surprising Drop in Renewable Power in 2023, as Slow Winds and Drought Took a Toll
Kylie Kelce Details Story Behind Front Row Appearance at Milan Fashion Week
After AT&T customers hit by widespread outage, carrier says service has been restored