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Feds subpoena Ticketmaster over egregious concert ticket prices — A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn’t “feel comfortable” sharing information with Congress::A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn’t “feel comfortable” sharing information with Congress.
“After facing criticism from both fans and politicians for its failed handling of Taylor Swift ticket sales, Live Nation Entertainment announced a “Fair Ticketing Act” proposal in February that would try to combat bots and ticket scalpers in the resale market. Nothing yet appears to have come from this proposal.”
No shit. What incentive do they actually have to make changes when the current system makes them more money?
That’s because they’re the fucking scalpers.