The Ticketmaster logo appears on a smartphone with the Ticketmaster Web homepage, visible in the background, in this Brussels photographs, Belgium, on June 2, 2024.
Nurphoto through Getty Images
In 2005, the FTC excluded the FTC attempt to buy Hollywood Entertainment, as the combination will “control” more than 50 % of the home rental market. The film gallery was the “winner” in the bidding war. To say that victory was the derogatory attack of the fires.
It is useful in 2025 to look at FTC’s old concerns about market share as a living nation (and the ticketmaster merged in 2010) continues to be harassed by the FTC. Signing on FTC Andrew Ferguson chair, “American live entertainment is the best in the world and should be accessible to all of us. It must not cost a hand and a foot to get the family in a baseball game or watch your favorite Muscian show.” Ferguson’s comment is frustrating.
The explicit is that the alleged high prices for concert tickets are the result of the market share of the live nation in the concerts. In a press release explaining its lawsuit, FTC notes that the Ticketmaster “controls” 80 percent “or more than important” primary tickets “concert venues. FTC ignores the most important, existential risk of living nation to reach 80 %.
The above truth can be found in a statistics produced by FTC that consumers spent $ 82.6 billion between 2019 and 2024 on concert tickets. The years during which the money was spent we hope that readers will consider the time frame during which the ticketmaster has prospered. To say that it was not always a smooth ride similar insults.
Not to forget the readers, it was in March 2020 that the spread of the Koronai novel had politicians who impose “social removal”, mass closure of American businesses and widely lock. Please pause to think about what this meant about an entertainment business that depends on tightly packaged spaces.
Investors certainly did. While Live Nation’s shares reached a high level of $ 73 in late February 2020, by April 2020 its shares were reduced to $ 33. Live Nation “controls” a concert ticket market that had passed from live to non -existent in a few weeks.
In addition, it was not just the political reaction to the crown that threatened the future of the living nation. Even with a lock restoration, will people return to their old ways? It was not a simple answer. If one challenges this, they will have to walk in the center of their choice and watch all office buildings “see”.
In addition to commercial real estate, think of movies. While theaters were once a destination for filmmakers, the nature of locked, home entertainment in a propaganda virus seems to have changed the relationship between consumers and theaters deeply.
Who would say that concerts would be different? Better yet, who would have said with certainty in 2020 that Taylor Swift would not only be allowed to tour by starting in 2023, but that fans who have turned into viruses would be such willing buyers? And if Swift’s appearance as the world’s greatest act was not enough, who predicts that Oasis would return from 2025? Say repeatedly that, since the future of trade is opaque, the “control” of any purchase is incredibly dangerous.
It is important to remember as a Ferguson and the FTC Attack Ticketmaster for allegedly favoring the tickets referred to as “scalpers”. Apart from the fact that without the size of buyers who are willing to buy with expensive volume, there would be many fewer tour bands and many fewer concerts. Just because tomorrow is another century in the business, the work of the “Scalpers” is necessary precisely because of their willingness to take precise dangers in the purchasing habits of the often unstable fans, so as not to mention the irregular governments.
Unfortunately, FTC ignores all this. Instead of shouting Live Nation to see a future of concerts far from securing, the FTC continues to harass the entertainment giant to succeed. What a dangerous message does it send and what confusion.
