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Number of employees. 6,678. Parent. Live Nation Entertainment (2010–present) Website. ticketmaster.com. Ticketmaster Entertainment, LLC is an American ticket sales and distribution company based in Beverly Hills, California with operations in many countries around the world. In 2010, it merged with Live Nation under the name Live Nation ...
May 23, 2024 at 7:25 AM. Why Ticketmaster Owner Live Nation's Shares Are Tumbling Today. Live Nation Entertainment Inc (NYSE: LYV) shares are trading lower on Thursday as the company faces a legal ...
The lawsuit alleges that Live Nation and Ticketmaster’s monopoly lowered incentives "to invest more into proactively improving its ticketing,” and any money that might otherwise have been ...
Considering the vast resources at Live Nation’s disposal — their 2023 revenue was nearly $23 billion — this battle is likely to play out over months in court, and in reality, music fans ...
The American ticket sales platform Ticketmaster and the parent company Live Nation Entertainment received widespread public criticism and political scrutiny over blunders in selling tickets to the 2023 United States leg of the Eras Tour, the sixth concert tour by the singer-songwriter Taylor Swift, in November 2022.
Merger with Ticketmaster. In February 2009, Live Nation announced that it had reached an agreement to merge with the ticket broker Ticketmaster in a $2.5 billion, all-stock deal. The proposal initially received regulatory approval in Norway and Turkey.
Brian Fung, Hannah Rabinowitz and Sabrina Souza, CNN. May 23, 2024 at 9:33 AM. In a groundbreaking antitrust lawsuit that threatens to upend the way concertgoers pay for tickets, the US government...
Whereas Tickets.com generates revenue through web advertisements, Ticketmaster received money through Internet ticket selling and advertisements founded upon how many visitors accessed its homepage. Tickets.com employed a web crawler to systematically comb Ticketmaster's webpages and retrieve event details and uniform resource locators (URLs).
According to trade publication Pollstar, the average ticket price from the 100 top tours in 2023 was $122.84, which was 17% higher than the year before and a 31% increase compared to the average ...
Ticket resale (also known as ticket scalping or ticket touting when done for profit) is the act of reselling tickets for admission to events. Tickets are bought from licensed sellers and then sold for a price determined by the individual or company in possession of the tickets.