Before Tuesday's Senate hearing that will center on the roles of Ticketmaster and parent company Live Nation in the U.S. ticketing market, learn the history of how Ticketmaster became the most hated name in music.
A ticketing practice known as ‘dynamic pricing’ caused some serious sticker shock for fans hoping to see the Boss on his 2023 tour.lambasted Live Nation Entertainment
In a statement after the botched on-sale, Ticketmaster wrote, “We strive to make ticket buying as easy as possible for fans, but that hasn’t been the case for many people trying to buy tickets for the Eras Tour. ... The biggest venues and artists turn to us because we have the leading ticketing technology in the world — that doesn’t mean it’s perfect, and clearly for Taylor’s on-sale it wasn’t.”
“The idea that fans are owed something is not new,” Waksman said. “But now it’s not a counterculture idea, it’s more consumer entitlement. Artists have built up these enormous fan relationships strengthened by social media, where fans think they’re owed something because of their devotion.” Founded in the 1970s in Arizona by box office executive Albert Leffler and computer programmer Peter Gadwa, among others, the company licensed nascent ticketing software and machinery to promoters and venues. Rosen, the company’s attorney, took it over in 1982, moving it to Los Angeles with investments from the billionaire Pritzker family, and bought the rights to Bay Area Seating Services, a leading competitor. “You don’t get very many chances to find somebody asleep at the switch,” Rosen.
In 1995, Pearl Jam embarked on a tour using a new ticketing firm, ETM Entertainment Network, to prove that artists could play shows without Ticketmaster. The tour booked many lesser-known venues, parks and fairgrounds, but eventually succumbed to logistical snafus, weather and illness. “I feel like they’ve done all this monopolistic behavior for so long, and this was just the straw that broke the camel’s back,” McMillin said. “They’re going to keep gathering more and more power, charging more and more, until concerts become this luxury for only the richest people and scalpers.”
“Ticketmaster is effectively paid to be a punching bag,” Budish said. “Their fees find ways back to the artist or venue. And the artist chooses their ticket prices.” Verified Fan, Ticketmaster’s system to suss out actual humans from bot traffic and scalpers, had worked for acts like Springsteen and Swift in the past. But even that system couldn’t accommodate the demand for Swift’s Eras.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Congress set to question Ticketmaster in wake of Taylor Swift ticket dramaCongress set to question Ticketmaster over business practices in wake of Taylor Swift ticket drama. Senate Judiciary Committee set to hold hearing on Tuesday.
Lire la suite »
Ticketmaster Plans to Blame Scalpers for Taylor Swift Debacle at Senate HearingLive Nation president and CFO Joe Berchtold will detail how disruption caused by bots makes ticket-buying worse for everyone, calling for government action.
Lire la suite »
Eagles blow out Giants, remind everyone how dominant they have been all seasonThe Philadelphia Eagles have played 16 games this season with Jalen Hurts starting at quarterback. They've won 15 of them.
Lire la suite »
Self-made millionaire: These 3 traits separate highly successful people from everyone else at workWhile people might measure and achieve success differently, there are some traits that set high achievers apart from others.
Lire la suite »
Doyel: Everyone wins this annual Special Olympics basketball game in DanvilleDoyel: Who deserves credit for magic nights like Friday? Hard to say. Too many special people around here. Let’s just say: Danville gets the credit. Town, school, students. dchswarriors
Lire la suite »