Live Nation Entertainment has witnessed its revenue soar by 44% to $16.7bn (£13.9bn/€15.8bn) in 2022 compared to pre-pandemic revenue in 2019. The entertainment giant brought in $13.5bn for concerts in 2022 compared to $4.7bn in 2021, and $2.2bn for ticketing last year compared to $1.1bn during the year prior. Sponsorship and advertising amounted to $968m …
Ticketmaster faces calls for an investigation into ‘unfair competition’ in the Netherlands
Ticketmaster is currently facing calls for an investigation into unfair competition in the Netherlands, according to reports. A report from Dutch newspaper AD has said that Parliamentary parties SP, GroenLinks and PvdD, as well as multiple economists, have asked the Dutch Authority for Consumers and Markets (ACM) to investigate Ticketmaster for unfair competition. The ACM …
Georgia bill on ticketing resale moves forward
A bill that would restructure the resale ticket market in the US state of Georgia moved forward through a Senate committee in the state legislature last week. The proposed legislation would give more power to consumers purchasing tickets for events in Georgia and would allow holders to resell or transfer their tickets more easily. The …
Australian Football League freezes 2023 admission prices
The Australian Football League (AFL) has continued its dedication to making the sport accessible by putting a price freeze on general admission tickets for all matches at the Melbourne Cricket Ground (MCG) and Marvel Stadium across the 2023 season. The AFL has frozen prices for the Toyota AFL Premiership four the last four years, across …
Close teams up with Ticketmaster
Communications app Close has partnered with Ticketmaster to provide the ticketing company’s customers with an improved digital customer experience. Visitors will be able to find all event information in the Close app after purchasing their ticket thanks to an API link between Close and Ticketmaster. Buyers will be able to access the information as soon …
US appeals court rejects Live Nation antitrust lawsuit
Entertainment giant Live Nation has avoided an antitrust lawsuit accusing it and Ticketmaster of exploiting its market power, and forcing inflated prices on fans. The US Court of Appeals for the Ninth Circuit yesterday (Monday) upheld a previous ruling and rejected a class-action lawsuit, as fans and concertgoers forfeited their right to sue when purchasing …
Ticketmaster “successfully handles” Beyonce onsale
Ticketmaster has claimed an early success as sales for Beyonce’s Renaissance tour passed without major incident following the controversy surrounding last year’s Taylor Swift onsale. Hundreds of thousands of tickets became available through presales and general sales in North America and Europe from Monday. The tour will see the American star appear in more than …
Bruce Springsteen fanzine to quit after 43 years due to ticket prices
A Bruce Springsteen fanzine is set to close after 43 years, naming ticket prices as one of the reasons for its demise. Christopher Phillips, publisher and editor-in-chief of Backstreets magazine, which is dedicated to Springsteen and the E Street Band, said that the publication had “reached the end of the road”. Phillips started at the …
Senate Judiciary Committee warns Ticketmaster ahead of Beyoncé presales
Ticketmaster will be hoping to avoid a repeat of the Taylor Swift incident when tickets for Beyoncé’s first solo tour in six years go on sale in the US later today. The Live Nation-owned platform has already said that registration demand for Group A – which covers concerts in nine US cities – was eight …
President Biden calls for limits on concert and sporting ticket fees
US President Joe Biden has called on Ticketmaster and other companies to lower service fees which are often added to tickets for concerts or sporting events. The President met with the Competition Council yesterday (Wednesday) and promoted his ‘Junk Fee Prevention Act’. This Act would also include restrictions on early cancellation charges imposed by TV, …