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The average ticket price for one of the top concert tours reached $122.84 last year, up from $91.86 in 2019, according to the live music trade publication Pollstar. Some fans pay considerably more ...
Ever since the government cleared the merger of concert promoter Live Nation and ticketseller Ticketmaster in 2010, there have been demands from consumer advocates to cleave them. The Justice ...
Concert fans and politicians for years have been calling for a re-examination of Live Nation's purchase of Ticketmaster in 2010, especially after the ticket seller in 2022 botch
Dynamic pricing. Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based pricing, and variable pricing is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands. It usually entails raising prices during periods of peak demand and lowering ...
Number of employees. 6,678. Parent. Live Nation Entertainment (2010–present) Website. ticketmaster.com. Ticketmaster Entertainment, LLC is an American ticket sales and distribution company based in Beverly Hills, California with operations in many countries around the world. In 2010, it merged with Live Nation under the name Live Nation ...
The Better Online Ticket Sales Act of 2016 ( Pub.L. 114-274, S.3183, commonly referred to as the BOTS Act) was signed into federal law by President Barack Obama on December 14, 2016. [1] This act was created to thwart attempts by individuals and organization to automate the process of purchasing tickets en masse using ticket bots.
Lonnell Williams, for example, paid $400 for a Stockholm ticket that would have cost him nearly $1,500 in Atlanta. As he told Today in May 2023, the entire European trip — including hotel ...
While average ticket prices jumped to roughly $57 in 2005, the number of tickets sold for the 100 biggest tours dipped 3.5%, to 36.3 million. Some fans have complained to government officials, particularly after they found tickets to the same concerts or sporting events available – sometimes at many times the face value – on secondary ...