The company's modest gains outperformed competitors and major indexes.
Live Nation president and CFO Joe Berchtold was in the hot seat at today's Senate Judiciary Committee hearing on ticketing.
Live Nation president and CFO Joe Berchtold will detail how disruption caused by bots makes ticket-buying worse for everyone, calling for government action.
The Senate Judiciary Committee will convene for a hearing focused on "promoting competition and protecting consumers in live entertainment."
"I believe working class people should still be able to afford tickets to shows," the country star said.
The class-action complaint claims the companies "intentionally and purposefully" misled fans into believing they would prevent bots and scalpers from participating in the presale.
Company will use an older fan-club ticketing system to sell the remaining Eras tour tickets that takes the queue out of the process.
The Live Nation-owned company responded to criticism from Mexican government officials, and will refund those who were denied show access.
"The competition problem in ticketing markets was made painfully obvious" last week, writes Sen. Amy Klobuchar.
Also this week: A lawsuit over Primary Wave's James Brown catalog deal, Young Thug and Gunna set for trial, Dua Lipa's copyright clapback and more.
