WNYC – On The Media: How Ticketmaster Took Over Live Music
On January 24, the Senate Judiciary Committee held a hearing on Ticketmaster. The hearing followed in the aftermath Taylor Swift’s “Eras Tour” tickets going on sale last November, a debacle during which Ticketmaster broke down during the presale, leaving millions of fans without tickets. Senators convened to hear testimony from a top Live Nation executive (Ticketmaster’s parent company), competitors in ticketing and concert promotion, antitrust experts, and a musician. The hearing represented a step toward a potential antitrust case against Live Nation and Ticketmaster, which merged in 2010.
Moe Tkacik and Krista Brown are researchers at the American Economic Liberties Project, a left-leaning think tank which is part of a consortium that is pushing for the DOJ to break up the Live Nation monopoly. This week, Micah Loewinger speaks to them about an article they co-wrote for The American Prospect about Ticketmaster’s forty-plus-year-history, and how the company came to dominate, and in some ways reshape, the live music landscape.