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How Ticketmaster’s Fees Could Get Even Worse
In late December, the British Department of Justice gave their stamp of approval to the proposed merger between Ticketmaster and Live Nation. Now the companies are pressuring the United State Department of Justice to do the same. There are rumors that the Department of Justice could make a decision by the end of January. Ticketmaster, along with its subsidiaries, contracts with roughly 200 artists. Live Nation owns or has exclusive deals with 139 venues, and manages about 150 artists. Live Nation is Ticketmaster's biggest competitor in the ticket selling business. The new mega-ticket monopoly would be the gatekeeper to most major venues and artists, meaning that they would dominate most aspects of live concerts.
The fees are already extreme. For example, in a report by the Washington Post,
Ticketmaster added $16.60 in fees -- $4.10 for "processing," $3.50
for "facilities," and a $9 "convenience charge" -- to a $56
dollar ticket, about 30 percent. Sign our petition to the DOJ, opposing the merger, and join our cause on Facebook. Here’s a link to our federal Consumer Program Director's testimony before Congress.
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