Industry Press / 02.23.23
Statement from Live Nation Entertainment
If there’s any chance of improving ticketing for fans and artists, we all need to focus on the facts. In the last few weeks alone, we’ve submitted more than 35 pages of information to provide greater context and transparency to policymakers on the realities of the industry. These include the fact that this industry is more competitive than ever: Ticketmaster has actually lost market share since the 2010 merger, not gained it; that venues set and keep most of the fees associated with tickets and are increasingly taking an ever-larger share; and Ticketmaster has for years been advocating for a federal all-in pricing requirement. We believe that policymakers would benefit from asking more questions about the chaos caused by scalpers and the resale-first side of the industry. We remain committed to working with lawmakers on developing reforms that will benefit fans and artists including those outlined in a FAIR Ticketing Act.
View Statement Here: https://www.livenationentertainment.com/2023/02/statement-from-live-nation-entertainment/