Hearing on Ticketmaster Sale For Taylor Swift Concert
2023-01-24T20:11:41-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYzUzXC8wMDFcLzE2NzQ1NzI3NTlfMDAxLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19Senate Judiciary Committee members questioned and criticized Joe Berchtold, president of Ticketmaster’s parent company Live Nation Entertainment, for his company’s failed rollout of a Taylor Swift concert tour. Mr. Berchhold apologized to Taylor Swift and her fans during his opening testimony, saying the company “will do better,” but blamed an influx of “bots” on their website. Among the other industry stakeholders and policy advocates who appeared before the committee was SeatGeek CEO Jack Groetzinger who said, “the only way to restore competition in this industry is to break up Ticketmaster and Live Nation.” Several topics were discussed, including monopolistic behavior and the lack of industry competition, hidden fees passed on to artists and consumers, ticket resales and scalping, and antitrust legislation.
Senate Judiciary Committee members questioned and criticized Joe Berchtold, president of Ticketmaster’s parent company Live Nation Entertainment, for his company’s failed… read more
Senate Judiciary Committee members questioned and criticized Joe Berchtold, president of Ticketmaster’s parent company Live Nation Entertainment, for his company’s failed rollout of a Taylor Swift concert tour. Mr. Berchhold apologized to Taylor Swift and her fans during his opening testimony, saying the company “will do better,” but blamed an influx of “bots” on their website. Among the other industry stakeholders and policy advocates who appeared before the committee was SeatGeek CEO Jack Groetzinger who said, “the only way to restore competition in this industry is to break up Ticketmaster and Live Nation.” Several topics were discussed, including monopolistic behavior and the lack of industry competition, hidden fees passed on to artists and consumers, ticket resales and scalping, and antitrust legislation. close
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People in this video
- Mazie Hirono U.S. Senator (Class 1) [D] Hawaii
- Sheldon Whitehouse U.S. Senator (Class 1) [D] Rhode Island
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Clyde Lawrence Musician
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