Sunday, February 6, 2011

Promoter Crowds Ticketmaster

The Wall Street Journal
FEBRUARY 3, 2011
By ETHAN SMITH

Since Live Nation has merged with Ticketmaster it seems as if they have had a monopoly in concert ticket sales.  Anti-trust regulators have required that new-to-the-business  Anschutz Entertainment Group be allowed to compete for sales.  AEG expects to be selling tickets by the end of the year.  Many people in the concert business have been concerned that the Live Nation - Ticketmaster merger created a force too powerful.  Personally, I am happy to hear about this considering the high service charge fees I've paid in the past when ordering concert tickets.  Hopefully the new competition puts an end to that.

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