3 ms·
They merged with LiveNation and they own half of the venues. The other half of the venues have exclusive deals with TicketMaster, who provides them with softwar
by byoung2 4mo ago
They merged with LiveNation and they own half of the venues. The other half of the venues have exclusive deals with TicketMaster, who provides them with software to run venue logistics (TicketMaster for business), creating vendor lock-in.
- testbjjl 4mo agoVendor lock-in by any other name boils down to monopoly. The moat is their lobby.
- sirsinsalot 4mo agoThey also own a lot of the venue infrastructure across the industry such as catering, tour buses, security,... They have leverage with venues they dont own and a monopoly across industry verticals. Sickening situation for music.
- lokar 4mo agoAnd they manage tours for bands. So it’s very hard for them to play independent venues and still have access to the big livenation venues