Concert tickets have skyrocketed in recent years, with Live Nation and Ticketmaster facing growing scrutiny over their control of the live music business. We look at the recent antitrust verdict against the companies and what it could mean for artists, independent venues and millions of fans across the U.S.
Guest:
- Randy Nichols, artist manager, board member, National Independent Talent Organization
- Stephen Parker, executive director, National Independent Venue Association
In many cases, these steep prices are thanks to Live Nation and Ticketmaster. Two merged companies that essentially run the live music industry. Both have been accused of being a monopoly for many years.
While this verdict came just this past April, Live Nation and Ticketmaster merged all the way back in 2010. So why did this lawsuit take so long? Parker says one particular artist and tour exposed the company’s glaring flaws…
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