The Ledger
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Live Nation monopolizes music profits via venues, parking, and ticketing fees
“Nowadays, the act gets everything, and then the promoter, which is really basically one promoter, Live Nation now, they own a lot of the venues, they get the parking, and they, because they own Ticketmaster, they get that ticket charges.”
Live music consolidation will lead to pricier tickets and less diversity
“The tickets will get more expensive. I think there'll be less diversity in music as a result, but you know, the laws are changing, right?”
Ticketmaster vertically integrates arenas while Eventbrite operates as a horizontal open platform
“The Ticketmaster strategy is one part of a Live Nation strategy, which is to be vertically integrated into an event. It's large arenas and stadiums that typically serve sports and music that But Eventbrite is a horizontal platform that enables a wide array of …”