Watch lawmaker grill Live Nation CFO on who sets ticket prices

Watch lawmaker grill Live Nation CFO on who sets ticket prices

CNN

1 год назад

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@adbyrd29
@adbyrd29 - 03.02.2023 19:03

They need to worry about something more important like hospital prices and prices of medication hell or even fuel prices because why everytime the fuel prices go up exxon has a record earnings quarter

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@TheFlutecart
@TheFlutecart - 31.01.2023 00:05

"..but glittering prizes and endless compromises shatter the illusion of integrity. " - Rush

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@markbrazil4408
@markbrazil4408 - 30.01.2023 16:30

I completely stopped going to music shows when these greedy jerks no longer allowed me to buy tickets directly at the venue box office without the Ticketmaster surcharge. I’m guessing 30+ years ago.

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@midwestcharm
@midwestcharm - 30.01.2023 02:49

Crooks questioning crooks. This will help us.🤪

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@eliassalcedo5229
@eliassalcedo5229 - 28.01.2023 22:49

Al Capone was born way too early, business tactics being used today.

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@cynthiamarcus4417
@cynthiamarcus4417 - 28.01.2023 21:32

Here

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@MKMESIAS
@MKMESIAS - 27.01.2023 16:24

Stop resale period. If you not going give them a refund that's it. It's not that hard.

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@brianjones817
@brianjones817 - 27.01.2023 07:51

the real bullshit is the "dynamic ticket pricing" where whatever the original price that was set dramatically increases because of demand. make all the tickets remain at the set prices.

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@zanzibarforever
@zanzibarforever - 25.01.2023 23:53

Ticketmaster is just mad They're being called out on what they've been doing to the people that literally their bills (the fans) It's so evil, it's just purely for profit.

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@sr_o3094
@sr_o3094 - 25.01.2023 20:33

Cool story, guys... Now that we are actually paying attention to monopolies, how about we talk about the monopolies that actually effect critical parts of everyday American lives, no offense to taylor swift concerts...

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@kurdi98k
@kurdi98k - 25.01.2023 18:41

They have been doing so since Mozart

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@mattb9664
@mattb9664 - 25.01.2023 17:55

Just dealt with something like this to attend the Disney on Ice with my child at Prudential center. Ticket price was $65 for good, non premium seats. Somehow the total for 3 of us became $300+, which is absolutely ridiculous. We had to spend another $100 just to buy our $65 a piece seats?
This whole interrogation is all smoke and mirrors by the way- it's not like it's going to drive any change unless there can be legislation established that forces Ticket master to address the scalper bots that are buying these tickets. Much bigger problems to be addressing- like how will the grid be able to support the forced adoption of electric vehicles??

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@eltonsalvador7620
@eltonsalvador7620 - 25.01.2023 14:54

There needs to accountability, someone needs to go prison or dismantle ticketmaster altogether

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@mindphaserxy
@mindphaserxy - 25.01.2023 09:41

Live Nation uses strongarm tactics and owns and runs the major MUSIC venues across the United States. They like to talk about stadiums and areans but major music acts want to play at amphitheaters and dedicated music venues. They lie out of their ass and compare themselves to these sports venues and such but we know that's not a true comparison.

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@ManiM-km9bp
@ManiM-km9bp - 25.01.2023 07:34

🇮🇳 Hinduism is in danger 🇺🇸,,, President Joe Biden and Nepal 🇳🇵 must help high caste Hindus in Tamil Nadu,India ( or Prime minister Rishi sunak ,,)
Because modi India prime minister with the help of street pig eaters kongu vellalarrs are trying to spoil whites ( high cast Hindus) and their temple superiority,,
Highnesses,,
ஈரோடு பகுதியில் உள்ள அனைத்து கொங்கு வேளாளர் கோவில்களிலும் தெரு பன்றிகளை பலியிடுகின்றனர் அதே போல். அவர்களின் கோவில்கள் அதிக லாபம் தரவில்லை 😃😃👋🙏🙏🙏ஆனால் இன்று பிஜேபி கட்சி ANNAMALAI,,தமிழக தலைவர் விரும்புகிறார்( his caste is ally with Muslims ,,)
உலகில் உள்ள அனைத்து கோவில்களையும் தனியார் மட்டும் மாற்ற விரும்புகிறார் நேபாளம் இந்து நாடாக
இது குறித்து விவாதிக்க வேண்டும், இந்துக்கள் கோரிக்கை விடுத்தால் அமெரிக்கா இந்திய இந்துக்களுக்கு உதவ வேண்டும் தமிழ்நாடு ,,
சாதியற்ற கொங்கு வேளாளர்கள் அரசியல் விளையாடுவதால் உயர்சாதியினருக்கு உதவ வேண்டும் ஆனால் பல உயர்சாதியினருக்கு சாதியற்ற கொங்கு வேளாளர்கள் அரசியல் விளையாடுவதால்
அர்த்தம் பிடிக்கவில்லை
almost all kongu vellalar temples in erode ,Tamil Nadu,India area they sacrifice street pigs in their temple as well as they are very close with cobblers and their temples are not giving much profits but today bjp party tamil nadu leader wants to give all temples to private .,,,is it good all india chief ministers and nepal government must discuss this ,,,👋🙏🙏😂😂🙏🏼🙏🏼🙏🏼

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@user-nf9gm8gs6d
@user-nf9gm8gs6d - 25.01.2023 06:36

America is ruled by an elite of PSYCHOPATHS. This is the opinion of the Guild of Russian Psychologists.

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@theimposingview
@theimposingview - 25.01.2023 06:23

This is what they’re doing, they set the ticket prices at a reasonable level, but they all have insider companies that they also invest in. These, “businesses”, (that they control) then buy all the tickets to these popular events and leverage the resale market. That’s the real issue, is no one is ever buying tickets from the direct seller, they’re sold out the minute they’re available.

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@rickspivey3410
@rickspivey3410 - 25.01.2023 06:13

They need to go back to the old way, you stand in line at the venue to get tickets. That way you cut out the middle man. Service fees are reason tickets cost too much.

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@juliorodarte9952
@juliorodarte9952 - 25.01.2023 06:05

Madonna’s tickets going for $560 + fees on Ticketmaster right now 🤦‍♀️

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@rizzorizzo2311
@rizzorizzo2311 - 25.01.2023 04:58

Lol Trent Reznor was complaining about this over a decade ago. He begged borrowed and stole a small number of tickets from Ticketmaster that he sold as fan club tickets. There were strict requirements to get these tickets so it made it hard for scalpers to get their hands on them and they were always the best section of the venue. He said those were the only tickets they allowed him to sell free of fees so the vast majority of the tickets were worse seats at a higher price. He even talked about how some artists team up with Ticketmaster to gouge prices on the presale tickets that they both make healthy profits on. Unfortunately if you actually want to play in a venue large enough to reach your fans you have no other choice but to go through them with booking. It’s impossible for large acts.

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@deathlytree434
@deathlytree434 - 25.01.2023 04:38

Maybe we should have the people of the US own the companies equally so we dont have to deal with messes like this

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@sjs1555
@sjs1555 - 25.01.2023 04:04

They’re all f-ing crooks.

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@kenl3805
@kenl3805 - 25.01.2023 03:57

Live Nation turned big concerts to be something experienced by wealthy people and the people who aren't wealthy can only view the concert with binoculars.

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@Not_Harvard
@Not_Harvard - 25.01.2023 02:54

Can we keep it simple. They are making concerts too expensive. They are charging too fucking much in fees and they are paying third parties to buy up tickets and then resell them for a portion of the profit at increased prices. Stop dancing around the fucking bullshit. Tell them the are pieces of shit, and either cut it the fuck out, or they will legislate change that will cut them in half.

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@lalah9481
@lalah9481 - 25.01.2023 02:53

LN never should have merged with Ticketmaster. Too much greed and power.

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@presidentmeeks1656
@presidentmeeks1656 - 25.01.2023 02:30

This is the problem with capitalism everything depends on the Market so what happens when there are lack of competitors this is what happens. Which is why we need to move to socialism

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@Raptorman0909
@Raptorman0909 - 25.01.2023 02:03

Ticketmaster provides a service that benefits the wealthy by hoovering up choice tickets then reselling them to people that can afford the higher prices. The USA has about 340M people and when a major act plays in NYC or many other places the number of potential people that might want to go to that concert is higher than the number of seats at the stadium/arena so the wealthy would have no more chance of getting one of the limited number of seats than the average working stiff. But, with companies like Ticketmaster controlling the tickets and being able to charge much higher rates, this weeds out a huge percentage of the potential audience making it easier for the wealthy to get tickets. Yeah, the wealthy have to pay more than face value, but they can afford it and that premium provides exclusivity that the average working types aren't in a position to take advantage of. There is a reason why celebrities and wealthy types seem to always be able to get tickets to top games and shows -- the system is designed to facilitate giving priority to high rollers -- for a fee!

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@journeymansmitty8283
@journeymansmitty8283 - 25.01.2023 01:48

Well this is educational for me I didn't know politicians could agree on something🤔

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@KleWdSide
@KleWdSide - 25.01.2023 01:43

It's obvious that TM is trying to make up losses from the pandemic.

Of course, they take advantage w/ people like Bruce Springsteen & Taylor Swift.

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@chhewee
@chhewee - 25.01.2023 01:22

Aren't there more pressing issues sirs?Sirs?

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@bbry323
@bbry323 - 25.01.2023 01:02

The key phrase about transferable tickets was making tickets only transferable at the original rate decided on by the show and the venue.

There’s no need for a resale market; shows and venues should set the price of tickets within the free market, not artificially inflate ticket prices gouging consumers and leaving seats empty that the people putting on the show want filled

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@alex35agm
@alex35agm - 25.01.2023 00:49

I bet most members of congress last concert they saw was Mozart,during his lifetime, they are so out of touch with the real world.

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@fredinwhiterock
@fredinwhiterock - 25.01.2023 00:49

Supply and demand creates the ticket prices and connected buyers always get the best seats first.

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@chriskane8808
@chriskane8808 - 25.01.2023 00:48

I had to grow up with AT&T. Sucked! Got more expensive with way less service.

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@SamLowryDZ-015
@SamLowryDZ-015 - 25.01.2023 00:35

The problem is the BS 'booking fee' in the past if a ticket face value was 25 you went to the venue box office and you paid 25. Now it is impossible to do this and even if you can they still want to charge you some BS fees on top of the face value.
It is a money making slot machine.

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@Ed-uz6em
@Ed-uz6em - 25.01.2023 00:30

Ticketmaster?when we have so many other companies raping this country everyday. When Congress gives a monopoly they know this a coming. Give me a break

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@blaineboyle5997
@blaineboyle5997 - 25.01.2023 00:24

In 1979, saw a great ac/dc show in Winnipeg for $20.

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@house2homeplus511
@house2homeplus511 - 25.01.2023 00:15

People are gettin laid off in joe biden economy

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@do-beebrothers2550
@do-beebrothers2550 - 25.01.2023 00:05

Satanism the mental health system power of suggestion. Mental health, people highly susceptible to suggestion. That PCHS branch COVIDIAN and 🌈🌈🌈🌈the OxyContin 💀💀💀💀💀Taxi. Social workers Doctor feel good and eager beaver OxyContin clients . To bad been had join the club that is the power of suggestion one born every minute

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@saintmartins
@saintmartins - 25.01.2023 00:02

Back in 1994 Pearl Jam confronted Ticketmaster at the Justice Department. Nothing changed. Later it was found out Ticketmaster gave "free" concert tickets to politicians at the hearing days before the hearings happened. That's why nothing changed.

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@fuzzywuzzy183
@fuzzywuzzy183 - 24.01.2023 23:58

I'm not the smartest person in the world but didn't everything go up.

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@DavidJ222
@DavidJ222 - 24.01.2023 23:45

Maybe George Santos' sets the ticket prices. 😅

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@gacj2010
@gacj2010 - 24.01.2023 23:44

People set ticket Prices ... Dont go and they will lower them. Its called "The Market" or Supply and Demand.

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@FnRenner
@FnRenner - 24.01.2023 23:44

These canned public apologies, written by lawyers, come across as faker than George Santos.

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@alexearl2138
@alexearl2138 - 24.01.2023 23:39

I had the opportunity to see a limited show for Gregory Alan Isakov at the Stanley hotel in Colorado which was one one the best concerts I had ever experienced. However, if my ex who bought the tickets for us and our friends hadn't jumped on early and the website didn't make a mistake of selling early, we wouldn't have been able to buy tickets for under $550. It was sold out one minute into them beginning the sale. We checked later and wow did that price jump from scalpers that were associated with ticket master and Live Nation. I'm glad Taylor Swift fans are pressing this hard. This is a monopoly. They own the board with a hotel on all spaces when it comes to live entertainment.

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@morganstevens3211
@morganstevens3211 - 24.01.2023 23:38

"I have no idea why there were unsecured classified government documents at five locations I frequent."
- Installed Potato

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@tonysam380
@tonysam380 - 24.01.2023 23:37

It's all rigged against the people

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@isaiah53john316
@isaiah53john316 - 24.01.2023 23:33

John 3:16 For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.

Isaiah 52:13 Behold, my servant shall deal prudently, he shall be exalted and extolled, and be very high.
Isaiah 52:14 As many were astonied at thee; his visage was so marred more than any man, and his form more than the sons of men:
Isaiah 52:15 So shall he sprinkle many nations; the kings shall shut their mouths at him: for that which had not been told them shall they see; and that which they had not heard shall they consider.

Isaiah 53:4 Surely he hath borne our griefs, and carried our sorrows: yet we did esteem him stricken, smitten of God, and afflicted.
Isaiah 53:5 But he was wounded for our transgressions, he was bruised for our iniquities: the chastisement of our peace was upon him; and with his stripes we are healed.
Isaiah 53:6 All we like sheep have gone astray; we have turned every one to his own way; and the LORD hath laid on him the iniquity of us all.

Ephesians 2:8 For by grace are ye saved through faith; and that not of yourselves: it is the gift of God:
Ephesians 2:9 Not of works, lest any man should boast.

Romans 10:9 That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved.

John 6:37 All that the Father giveth me shall come to me; and him that cometh to me I will in no wise cast out.

John 6:47 Verily, verily, I say unto you, He that believeth on me hath everlasting life.

Ephesians 1:13 In whom ye also trusted, after that ye heard the word of truth, the gospel of your salvation: in whom also after that ye believed, ye were sealed with that holy Spirit of promise,
Ephesians 1:14 Which is the earnest of our inheritance until the redemption of the purchased possession, unto the praise of his glory.

Ephesians 4:30 And grieve not the holy Spirit of God, whereby ye are sealed unto the day of redemption.

BlueLetterBible is a free Bible app.

God loves you!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1

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