Since 2019, the promoter and its ticket-selling subsidiary have ramped up spending in Washington.
Although a cyberattack undermined a presale for the superstar’s The Eras Tour, the Live Nation-owned company is focusing on eliminating its “drip pricing” model.
Ahead of opening his new L.A. venue, The Bellwether, the promoter discusses the disastrous Eras Tour sale, the Senate's grilling of Ticketmaster execs and more.
The ticketing company cited "extremely high demand" for its decision to cancel the remaining sale rounds.
There have been calls to eliminate or cap fees tacked onto concert ticket prices. But consumers probably won’t be able to avoid them.
The panel's democrats tell ticketing giant they are watching.
Biden's call to action comes on the heels of the Senate Judiciary hearing targeting problems in the live music business.
Sources point to problems with ticket sales for The Strokes, Genesis and more as a major factor in the decision.
Politicians are gunning for Live Nation with the threat of a new DOJ probe.
CEO Thomas Cussins estimates the company will lose "several hundred thousand" per year in revenue, but hopes to foster "a healthier concert ecosystem"
