top | item 45306046

(no title)

jnsie | 5 months ago

> Now they'll slowly die or be replaced quickly by something better like an AI ticketing system.

I highly doubt it. The merger with LiveNation made them much more than a ticketing service. They now also handle artist management, concert promotion, and venue ownership. In fact "Live Nation-Ticketmaster maintains "monopoly control" over the top 100 amphitheaters and 100 arenas worldwide" [1]

[1] https://www.economicliberties.us/press-release/new-report-ex...

discuss

order

leakycap|5 months ago

What part of "now they'll slowly die" is discounted by the charts you linked showing they're currently alive?

Internet Explorer had something like 99% of the web browser market in 1999. It... slowly died.

May TicketMaster follow suit if they continue their greed.

eastbound|5 months ago

How long is the Ticketmaster-LiveNation exclusivity contract with the artists and the venues?

- Whether 1 and 10 years, the monopoly could fall for another provider in half the median duration. In fact, venues could collide together to replace the monopoly.

- Or, if Tickermaster really provides an extra income to venues able to change the type of venue by an order of magnitude, we might see an elitist top-class of artists, and then a non-elitist second class with more popularity, more decent venues, and affordable prices.

- Then we can talk about why we always hear the same artists on radio.

jnsie|5 months ago

Why the disingenuous response. What I linked was an article entitled "New Report Exposes Live Nation-Ticketmaster’s Monopoly Control of Top Arenas and Amphitheaters Worldwide". The fact that they monopolize venues strongly discounts your suggestion that they will "slowly die or be replaced quickly by something better like an AI ticketing system".