Comment by toast0
7 days ago
Ticketmaster's job is to take the heat for ticketing (high prices, BS fees, sketchy reselling, etc), but funnel enough money back to the producing parties (artist/event, venue, promoter) that nobody is going to go through the effort to try to compete.
Better to set their margins at 2-3% and keep a monopoly than be forced down in a competitive marketplace.
Considering so many people here don't care about the corporate structure of Live Nation and instead blame Ticketmaster, it seems like they are doing a good job.
After all, the idea of competing with Ticketmaster is silly, since the problem isn't originating in Ticketmaster at all, that's where the problem is most visible.
I don't understand your message. Live Nation and Ticketmaster are a single entity. It's like Comcast and Xfinity (but with different corporate history).
People complaining about Ticketmaster are complaining about Live Nation too. It's just that the Ticketmaster brand gets the heat, because that's how they run the brand.
It's not like Ticketmaster wasn't doing the same stuff when Live Nation was a separate company, or even when Live Nation was a separate company that was doing its own ticketing.