Episode Details
Back to EpisodesTicketmaster Settlement: Fans Still Pay High Prices
Description
U.S. Justice Department reaches tentative settlement in antitrust case against Ticketmaster and Live Nation, requiring Live Nation to pay a fine and sell off venues. The deal faces opposition from twenty-six state attorneys general, who argue it does not address consumer concerns about high prices and limited options. The settlement comes amidst a trial that has already revealed a heated phone call between a venue executive and Live Nation CEO Michael Rapino, with Live Nation selling over six hundred forty-six million tickets last year for more than fifty-four thousand events worldwide.
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