Tag: Ticketmaster

Live Nation’s Merger with Ticketmaster Isn’t Responsible for High Resale Prices—You Are

Posted on by Lone Candle

“the company’s market share decreased by 10 percentage points following its merger in 2014, sitting at around 70 percent in 2024. Live Nation’s FY 24 net profit margin of 2.8 percent—considerably lower than the total U.S. market’s net margin of 8.7 percent—suggests that the firm lacks pricing power. Moreover, the profits Live Nation makes have little to do with the secondary ticket market: “Revenue from fees on concert ticket resale is less than 2% of Live Nation’s revenue,” the company said in a reply to Blackburn and Luján on Friday.

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so long as artists set prices below the market rate, brokers will find a way to get tickets to those who value them the most, with or without Ticketmaster.”

https://reason.com/2025/10/22/live-nations-merger-with-ticketmaster-isnt-responsible-for-high-resale-prices-you-are/

More Government Intervention Won’t Make Concert Tickets Cheaper

Posted on by Lone Candle

“Antitrust laws can be enforced as rigorously as possible, but their enforcement will not change the fact that popular performances with limited runtimes, few seats, and many fans bidding for them means the market-clearing price is often above that set by artists, venues, and retailers.”

https://reason.com/2025/05/27/more-government-intervention-wont-make-concert-tickets-cheaper/