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BumRushDaShow

(168,372 posts)
Tue Mar 3, 2026, 08:18 PM 15 hrs ago

'The concert ticket industry is broken,' justice department says as Ticketmaster trial begins

Source: The Guardian/Reuters

Tue 3 Mar 2026 13.12 EST
Last modified on Tue 3 Mar 2026 13.56 EST


Ticketmaster keeps an average of $7.58 of the price of each ticket for events at major concert venues, an attorney for New York state told jurors at a trial on Tuesday in which dozens of states are seeking to recoup damages for fans.

Ticketmaster and its parent company, Live Nation, are accused of abusing their market power to prop up illegal monopolies in the concert industry. The trial in Manhattan could result in the US Department of Justice arguing for a breakup of Live Nation and Ticketmaster or the companies paying compensation to ticket purchasers.

The DoJ and the attorneys general of New York and 38 other states plus Washington DC claim the entertainment conglomerate dominates live-event markets in ways that hurt artists, venues and fans. “Today, the concert ticket industry is broken, in fact the concert industry itself is broken,” DoJ attorney David Dahlquist told jurors in his opening statement. “It is controlled by a monopolist. It is controlled by Live Nation.”

Ticketmaster keeps more in fees than competitors such as AXS, according to an expert’s estimate cited by Jonathan Hatch, an attorney for New York state. Fans in the states seeking damages are estimated to have overpaid between $1.56 and $1.72 for tickets, Hatch said. “We are talking about real money coming out of people’s wallets,” he said.

Read more: https://www.theguardian.com/business/2026/mar/03/ticketmaster-trial-begins-concert-tickets

9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
'The concert ticket industry is broken,' justice department says as Ticketmaster trial begins (Original Post) BumRushDaShow 15 hrs ago OP
This is a good entre into monopoly awareness for the uninitiated. vanlassie 15 hrs ago #1
The overcharge is wayyy more than $1.72! unblock 15 hrs ago #2
THANK YOU! raccoon 7 hrs ago #9
"concert ticket industry is broken" Intractable 15 hrs ago #3
Back in the day (early 70's) .... reACTIONary 14 hrs ago #4
One of the main problems is media format. Xolodno 11 hrs ago #7
It's even worse than that.... Ticketmaster works with scalpers earning fees twice and driving up prices groundloop 13 hrs ago #5
Allowing companies to monopolize tickets sales wasn't good for the consumer sarisataka 12 hrs ago #6
Not just concerts, but sporting events, too Deminpenn 7 hrs ago #8

Intractable

(1,927 posts)
3. "concert ticket industry is broken"
Tue Mar 3, 2026, 08:47 PM
15 hrs ago

My favorite rock band of all time, Rush, will be playing two dates within an hour's drive in June.

The cheapest seat is $265 and way off to the side.

More focused seats are more than $400.

There's no way I can go to this.

reACTIONary

(7,125 posts)
4. Back in the day (early 70's) ....
Tue Mar 3, 2026, 09:49 PM
14 hrs ago

... a ticket to top tier rock act cost, at most, about ten bucks. Of course, you had to take a trip to the Orange Julius to buy it - nothing was on line.

In todays dollar's, that would be about $80. Ticket Master (according to trial testimony) is getting about 5% of the ticket prices, so even if the ticket service was free, you would be paying $250 to $380 bucks. That's $170 to $300 bucks over the 1970 pricing.

I wonder what's going on? Has Rock-n-Roll gotten THAT much better???

Xolodno

(7,337 posts)
7. One of the main problems is media format.
Wed Mar 4, 2026, 01:05 AM
11 hrs ago

Purchasing a tape or CD back in the day gave a lot to the artists and wore out and lost quality over time so you would repeat a purchase of your favorite later. Now...not so much in the download age and keeping backups from hard drives to the cloud. So, the artists started touring a lot more and demanding higher ticket prices. Irony, many of them don't want to tour that much, but are sandwiched between times of excess spending when physical media gave them better royalties which have dwindled to a trickle to finishing a tour and start planning the next one.

Live Nation and scalpers have also taken an advantage of this by adding fee's that make Las Vegas strip casino's blush. And did nothing to fix it.

Newer artists are better prepared and don't have to adjust, however, that is the business model now and only a few make the major bucks. Either lots of tours or expensive "residency" contracts. If you ask me, that's why we have a drought on creativity, they simply don't have the time to invest in it as it once was. The industry is basically killing itself and losing on this monopoly challenge will probably a good thing for them. They will finally have to address the challenges.

groundloop

(13,738 posts)
5. It's even worse than that.... Ticketmaster works with scalpers earning fees twice and driving up prices
Tue Mar 3, 2026, 10:28 PM
13 hrs ago

Ticketmaster and Live Nation allow 'brokers" (i.e. scalpers) to purchase large amounts of tickets and then turn around and sell them for huge markups, while the ticket companies earn commissions and fees twice.


https://www.rollingstone.com/music/music-news/ftc-sues-live-nation-ticketmaster-scalpers-1235430610/

sarisataka

(22,437 posts)
6. Allowing companies to monopolize tickets sales wasn't good for the consumer
Tue Mar 3, 2026, 11:13 PM
12 hrs ago

and didn't result in lower prices as was promised???

Who could have seen that coming?

Deminpenn

(17,390 posts)
8. Not just concerts, but sporting events, too
Wed Mar 4, 2026, 04:23 AM
7 hrs ago

For NFL games, single and season ticket buyers are now forced through Ticketmaster (an NFL official partner) where buyers cannot even print out barcoded entry documents anymore. It reached all the way to the high school level here in Pennsylvania until a law was passed mandating schools offer cash ticket sales for game entry. Haven't seen any fans use online tickets at all this year, saving themselves a couple bucks in the process.

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