Lawmakers grilled a top executive from Ticketmaster’s parent company on Tuesday at the Senate Judiciary Committee’s hearing after the service’s mishandling of Taylor Swift’s concert ticket sales in November. Senators Amy Klobuchar (D-Minn.) and Mike Lee (R-Utah) called upon leading ticketing agency executives as witnesses to the Senate Judiciary Subcommittee on Competition, Antitrust and Consumer Rights….
Senators Grill Ticketmaster at Antitrust Hearing After Taylor Swift Ticketing Fiasco
Senators Question Ticketmaster Head on Bot Activity, ‘Monopolistic’ Industry Control
Senators are working to get the Federal Telecommunications Commission to enforce a 2016 law called the Better Online Ticket Sales (BOTS) Act, which is meant to prevent and penalize those who run automated bots when purchasing tickets from online sales platforms. Members of the Senate Judiciary Committee on Tuesday questioned and strongly criticized Joe Berchthold, president…
Live Nation CFO Testifies on Ticketing Errors for Taylor Swift Concert
January 24, 2023
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Live Nation Entertainment Chief Financial Officer Joe Berchtold testifies in U.S. Senate Judiciary Committee hearing on competition in the ticketing industry at 10:00 a.m. ET on Jan.24. Witnesses at the hearing also include top executives from SeatGeek and Jam Productions. Senators will question the event ticketing industry on Tuesday after Ticketmaster’s failure to process orders…
LIVE NOW: Live Nation CFO Testifies on Ticketing Errors for Taylor Swift Concert
January 24, 2023
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Concert TicketscongressEntertainmentEntertainment NewsEpochTVEpochTV LiveLive NationLive VideosPoliticsTaylor SwiftTicketmasterUSVideo
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Live Nation Entertainment Chief Financial Officer Joe Berchtold testifies in U.S. Senate Judiciary Committee hearing on competition in the ticketing industry at 10:00 a.m. ET on Jan.24. Witnesses at the hearing also include top executives from SeatGeek and Jam Productions. Senators will question the event ticketing industry on Tuesday after Ticketmaster’s failure to process orders…
Congress to Hold Hearing on Ticketmaster Problems After Taylor Swift Debacle
November 24, 2022
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WASHINGTON—A Senate antitrust panel will hold a hearing on the lack of competition in the ticketing industry after Ticketmaster’s problems last week managing the sale of Taylor Swift tickets, Senator Amy Klobuchar, chair of the panel, said on Tuesday. Senators Klobuchar and Mike Lee, the top Republican on the committee, did not provide a date…
Taylor Swift Responds After Ticketmaster Cancels Her Ticket Sales
LOS ANGELES—Pop superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the U.S. Justice Department was investigating whether Ticketmaster parent Live Nation Entertainment had…
NFL Quietly Launches NFTs With Ticketmaster: What Investors and Collectors Should Know
One of the largest sports leagues in the world quietly dropped NFTs through a partnership with a leading ticketing company on Thursday. What Happened: The National Football League (NFL) partnered with Ticketmaster, a unit of Live Nation Entertainment, Inc., to launch virtual commemorative tickets. The first virtual commemorative ticket game happened on Nov. 7 in…
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