Live Nation Plots Entertainment District In Chicago’s Lincoln Yards Development
Sterling Bay’s Lincoln Yards development in Chicago’s North Side could see up to five new entertainment venues after striking a deal with the concert booking and ticket-selling giant, Live Nation Entertainment. According to the Chicago Tribune, Live nation will manage and book events, as well as help fund construction... Read more
NY City Council Member Seeks to Require Up-Front Service Fee Disclosure
A new measure proposed by New York City Councilman Justin Brannan would require those selling tickets list fees with the initial price, rather than deep into the transaction, as so often practiced by the industry, according to a story in the Daily News. Brannan, a democrat representing Brooklyn, introduced... Read more
Op-Ed: Everyone’s Worst Fears About Live Nation-Ticketmaster Merger Have Come True
This opinion piece about the monopolistic industry practices of Live Nation Entertainment was written by Rep. Bill Pascrell Jr. (D-NJ) and published in the Los Angeles Times. When President Obama was deciding in 2009 whether to approve a merger between the world’s largest concert promoter, Live Nation, and the... Read more
Ticket Resale for World Cup Reportedly Carrying Penalties Near $40K
Woe to those who run afoul of the Russian authorities at this summer’s FIFA World Cup, as something as harmless as re-selling a ticket to the world’s most popular sporting event could lead to fines as heavy as $37,000, according to a recent post by RadioAustralia. “Security around stadiums... Read more
Critics Call Upcoming Ontario Resale Law Changes “Toothless”
With less than two months before new laws related to ticket resale in Ontario go into effect, industry leaders on both the primary and secondary ticketing side are pulling no punches on their assessment of the potential impact the changes will have on the landscape in the Canadian province.... Read more
Australian ‘Ticket Cops’ Mobilized to Patrol Events Stopping Unauthorized Resale
In Victoria, Australia, it is illegal to make profit off of resale tickets, and to put an end to this act, the state is authorizing “ticket cops” to patrol major events before shows and on ticketing websites. According to the 2009 act, which was renamed as Major Events Acts... Read more
SMG Europe Hands UK Ticketing Contract Back to Ticketmaster
The UK’s largest arena venue manager, SMG Europe, has announced that it will once again make Ticketmaster, a Live Nation Entertainment company, their official ticketing partner. SMG Europe is a wholly owned subsidiary of SMG and owns multiple arenas and theaters across the country. These include well-known venues like... Read more
UK Resellers Toe Transparency Line; Holdout Viagogo Threatened
After a media campaign spearheaded by the ownership of Twickets – a ticket marketplace with price caps on resale – three of the four major operators in the UK marketplace have agreed to substantial increases in transparency in listing of resale tickets. The lone holdout, Viagogo, is being threatened... Read more
Live Nation Stockholder Sues in Wake of NY Times Expose
The brouhaha surrounding the recent New York Times article examining Live Nation Entertainment’s behavior since its merger with Ticketmaster – particularly the tidbit where the company may be in the crosshairs of the U.S. Department of Justice for its alleged anti-competitive practices in the space (in violation of a... Read more
Promoter Gabriel Reed Lands 57 Month Sentence for Fraud
Gabe Reed, a concert promoter who operated out of both Texas and California, was sentenced to 57 months in federal prison on Monday for his role in the defrauding of investors for at least $1.7 million. Reed, who pled guilty in November to one count of wire fraud, will... Read more