Price-Meister Statement on Accepting Permanent Injunction in Broker Genius Suit
Price-Meister, which was sued by Broker Genius for allegedly building its broker pricing intelligence product off the framework of BG’s existing product, has issued a statement following its accepting of a permanent injunction and shutting down operations in late November. “While we have not elected to proceed in litigation,... Read more
German Officials Ban Exclusive Contracts by Ticketing Leader
The Federal Cartel Office (Bundeskartellamt) in Germany issued a ban on exclusive contracts with box offices and promoters by CTS Eventim, which dominates the ticketing market in the country, holding a 50-70% market share. The agency cited the company’s dominant market position in its belief that such exclusive contracts... Read more
Opinion: Taylor Swift and Ticketmaster Are Coming To Get You
By James P. Freeman | Republished from NewBostonPost.com with Permission “This is how the world works You gotta …” — Taylor Swift, 2017 Taylor Swift fans should prepare themselves for despair. In youthful vernacular, Hundo P will dissolve to Sus and Salty AF. Girls will cry. Fingers will point.... Read more
University Administrators Sweat as Major Tax Change Hangs in Balance
Administrators at some of the largest educational institutions in the United States are sweating things out as the proposed GOP tax reform plan hangs in the balance in Washington. As the supporters of the bill seek to whip support with the narrowest of margins, the fate of some serious... Read more
Live Nation Among Bidders to Buy Venue Giant SMG, Per Reports
In a move that would make its already enormous market share in live events even more dominant, Live Nation is reported to be among the bidders for venue management giant SMG, according to multiple outlets. SMG, which has the world’s largest venue portfolio – some 500 arenas, stadia, theatres,... Read more
NATB, USMTG Join to Support Growth of Minority-Owned Ticket Businesses
Washington – The National Association of Ticket Brokers (NATB) and the U.S. Minority Ticketing Group (USMTG) today announced a formal affiliation between the organizations where NATB will provide support and other resources to USMTG and its members. This relationship aims specifically on issues of common interest, including advocacy, developing... Read more
Ja Rule On Hook for Fyre Fest Debts, Per Bankruptcy Trustee Request
In another twist of the saga related to the now-infamous Fyre Fest, Ja Rule may be on the hook for the debts related to the imploded festival from April of 2017. Gregory M. Messer, appointed trustee in the liquidation process, has asked Judge Martin Glenn to require the co-founders,... Read more
Ontario Abandons Ticketing Transparency Under Industry Pressure
In a stunning shift, Ontario legislators removed a key consumer protection measure from its updates to ticketing laws in the Canadian province. According to The Globe and Mail, Liberal leadership in the province plans to introduce an amendment to remove a transparency provision that would remove requirements for ticket... Read more
What Does the NFL’s Ticketing “Open Market” Mean for Consumers
by Brian Berry, Special to TicketNews When the NFL announced this past month it was renewing its Ticketmaster agreement this news came with a twist as it relates to the secondary market and NFL ticket resale starting in 2018. The NFL stated that an open market will be the... Read more
Report: Amazon Abandoning Move into U.S. Ticketing Market – For Now
After a summer of “what if” headlines, Amazon is reportedly stepping down from its consideration of a bid to enter the U.S. ticketing market, according to Dave Brooks of Amplify. Amazon, which operates within the European market as one of many primary ticketers alongside Ticketmaster, reportedly sought to make... Read more