Latest Breaking News On - Bob lefsetz - Page 1 : comparemela.com

Causing high ticket prices. Heres nbc bay areas ian cull today, the department of justice filing a lawsuit seeking to break up ticketmaster and its parent company, live nation, alleging a monopoly over the Live Entertainment industry. This illegal conduct means higher prices, no price gouging. It comes after years of consumer complaints about soaring ticket prices and high fees, 30 states, including california, joined attorney general Merrick Garland in accusing live nation and ticketmaster of illegally squashing competition, not just in ticket sales but concert venue ownership, Artist Management and concert promotions. Live nation often sacrifices profits. It could earn as a venue owner by letting its venues sit empty, rather than opening them to artists who do not use live nation promotion services. Concert fans believe competition could lower the overall cost. I have no idea where these fees go to, but yeah, its pretty ridiculous. I think if it was, you know, up to the certain venue

Department justiceLive entertainmentMerrick garlandLive nationTicket salesArtist managementBeverly hillsBeverly hills basedJustice departmentProfit marginsTicket serviceBulk serviceService feesMarket shareIndustry insiderBob lefsetz