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The artists can do better too, if they have the power to make TM share the upside (most don't) because TM controls much of the resale market and is also moving
by skeeter2020 4y ago
The artists can do better too, if they have the power to make TM share the upside (most don't) because TM controls much of the resale market and is also moving towards surge pricing. This is why they're pushing into virtual ticketing so hard (Ticket-less Master?)
TM also has huge vertical integration. If you want to perform a live show at almost any mid/large venue your tour is likely to be managed by Live Nation, and they are integrated down to artist representation.
- toomuchtodo 4y agoSounds very anti trusty. https://www.hollywoodreporter.com/business/business-news/activist-group-justice-dept-unwind-live-nation-ticketmaster-merger-1235244376/ https://www.hollywoodreporter.com/business/business-news/act... https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/antitrust-laws https://www.ftc.gov/advice-guidance/competition-guidance/gui...
- cyanydeez 4y agoUnfortunately, monopoly laws are enforced like the rules in monopoly: entirely arbitrarily