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Who is behind the great rock’n’roll ripoff? How Ticketmaster swallowed the live entertainment scene (www.theguardian.com)

submitted 1 day ago by [email protected] to c/[email protected]

58 comments fedilink hide all child comments

You may know the drill. You get online at 10am, several months before the show, and receive a place in the virtual queue. Perhaps you notice with dismay that your number is larger than the capacity of the venue. Perhaps you then lose your place because you’ve been misidentified as a bot, or the site crashes altogether. If you make it to the front, you may well wonder why £100 (plus about £20 in opaque surcharges) now qualifies as a cheap seat. And that’s if there are any cheap seats left, not just inflated VIP packages. And you may ask yourself why it has to be like this.

When you don’t get what you want, you tend to look for someone to blame. That someone is usually Ticketmaster. The company, which merged with concert promoters Live Nation in 2010 to form Live Nation Entertainment, sells about 70% of all concert tickets worldwide, and an even greater proportion of the arena and stadium market. In 2024, Live Nation generated a record $23.2bn (£17.5bn) in revenue, with Ticketmaster selling 637m tickets. Rivals such as See Tickets (owned by Germany’s CTS Eventim) and AXS (the ticketing arm of promoters AEG Presents) aren’t exactly minnows but Ticketmaster has become a synonym for ticketing: a lightning rod and a punchbag.

In the US, Ticketmaster’s current problems stem from a cardinal error: getting on the wrong side of Swifties. In November 2022, the company failed to stagger the presale for Taylor Swift’s Eras tour, listing all 2m tickets simultaneously. The colossal demand overwhelmed the servers, causing myriad problems. Swift expressed her disappointment. Ticketmaster grovelled. Last May, the US justice department (DOJ) filed an antitrust suit, now backed by 39 states, which alleges that Live Nation and Ticketmaster use their “power and influence … to freeze innovation and bend the industry to their own benefit”.

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[–] [email protected] 2 points 23 hours ago (1 children)

Oooh, retirement-age gossip. And debunked gossip at that.

[–] [email protected] 1 points 8 minutes ago

From The Wikipedia Page: The Monkees were originally a fictional band created for the NBC television sitcom The Monkees. Dolenz, Jones, Nesmith and Tork were cast to portray members of a band in the sitcom. Music credited to the Monkees appeared in the sitcom and was released on LPs and singles beginning in 1966, and the sitcom aired from 1966 to 1968. At first, the band members' musical contributions were primarily limited to lead vocals and the occasional composition, with the remaining music provided by professional songwriters and studio musicians. Though this arrangement yielded multiple hit albums and singles, the band members revolted and, after a brief power struggle, gained full control over the recording process in 1967. For two albums, the Monkees mostly performed as a group; however, within a year, each member was pursuing his own interests under the Monkees' name, rendering the Monkees once again a group in name only. With widespread allegations that the band members did not play their own instruments—followed by the cancellation of The Monkees TV series, diminishing success on the charts, and waning popularity overall—band members began to leave the group. The Monkees held a final recording session in 1970 before breaking up.

Nesmeth Lying about outselling The Beatles and The Rolling Stones in 1967: https://flashbak.com/in-1977-mike-nesmith-fooled-the-world-when-the-monkees-sold-more-records-than-the-beatles-and-rolling-stones-combined-386535/

Bubblegum pop band has marginal success as a TV show, turned band. Take control of their recording and arranging, careers fall apart. Hey Hey you're a Monkee