TAYLOR SWIFT TICKETS!
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English - June 07, 2023 16:11 - ★★★★★ - 8.4K ratingsNews Commentary News History news media radio advertising newspaper magazine npr wnyc journalism technology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
On January 24, the Senate Judiciary Committee held a hearing on Ticketmaster. The hearing followed in the aftermath Taylor Swift's "Eras Tour" tickets going on sale last November, a debacle during which Ticketmaster broke down during the presale, leaving millions of fans without tickets. Senators convened to hear testimony from a top Live Nation executive (Ticketmaster’s parent company), competitors in ticketing and concert promotion, antitrust experts, and a musician. The hearing represented a step toward a potential antitrust case against Live Nation and Ticketmaster, which merged in 2010.
Moe Tkacik and Krista Brown are researchers at the American Economic Liberties Project, a left-leaning think tank which is part of a consortium that is pushing for the DOJ to break up the Live Nation monopoly. In February Micah Loewinger spoke to them about an article they co-wrote for The American Prospect about Ticketmaster’s forty-plus-year-history, and how the company came to dominate, and in some ways reshape, the live music landscape.
This is a segment from our February 3, 2023 show, Too Big to Fail?.