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Missouri Coronavirus Plan to Allow Live Events Starting Monday
Announced this week, Missouri’s “Show Me Strong” coronavirus recovery plan will allow businesses in the state to re-open as of Monday May 4, and it allows effectively all business to resume – including live events and sports. Gov. Mike Parson’s plan allows local jurisdictions to keep more strict measures... Read more
MLB Reverses Ticket Policy To Allow Refunds For Ticketholders
Ever since the MLB halted its operations last month, fans have been kept waiting for any decision regarding the season, along with refunds for tickets to impacted games. They may soon get an answer to the refund issue, however. The league has reversed its policy to hold refunds for... Read more
Seatgeek Sued Over Covid-19 Refund Policy Change
The secondary ticketing site SeatGeek was hit with a class-action lawsuit over the weekend regarding its refund policy. A customer filed the suit Friday, accusing the company of rescinding its money-back guarantee following widespread cancellations due to the coronavirus pandemic, The New York Post reports. The consumer, William Trader,... Read more
Live Nation Reveals Ticket Refund Plan For Postponed, Cancelled Shows
Following harsh backlash from fans, Live Nation updated its ticket-refund policies for cancelled or postponed events amid the coronavirus pandemic. Originally, the company – along with its subsidiary Ticketmaster – said it would only refund ticketholders for events that were cancelled or rescheduled, not postponed, within a 30-day window.... Read more
Saudi Arabia Buys Large Stake In Live Nation
The Saudi Arabian government has purchased a sizable amount of Live Nation (LYV) stock as the entertainment giant continues recover from the pandemic-induced market meltdown it faced last month. Saudi Arabia’s Public Investment Fund bought $500 million in shares, giving the government roughly a 5.7 percent stake in the... Read more
Revelations Drop Potential Worst Case Coronavirus Scenario by 94 percent
New data coming from random testing in New York and California brings with it the promise that the worst case scenarios for the toll that Covid-19 may have on Americans have been wildly overestimated.  While not cause for an immediate re-opening of regular life, the data suggests that the... Read more
Canada Lawmakers Call For Investigation Into Ticketmaster Refund Policy
Live Nation and Ticketmaster’s updated refund policy has sparked outrage across the globe amid the coronavirus pandemic. Now, Canada lawmakers are calling for probers of the ticketing giants’ policy. Earlier this month, Ticketmaster quietly updated its refund policy, which stated that fans can receive refunds to events that are... Read more
Major League Baseball Hit With Lawsuit Over Ticket Refunds
Major League Baseball and its ticketing partners, including Ticketmaster and StubHub, have been hit with a lawsuit regarding ticket refunds as the season remains delayed. The suit was filed Monday with the U.S. District Court in Los Angeles and alleges violations of California’s Consumer Legal Remedies Act and Unfair Competition... Read more
Live Nation Revises Refund Program Following Criticism
After drawing severe criticism from consumers and lawmakers alike, Live Nation is rolling out a new refund policy program that offers buyers more financial flexibility. The entertainment giant and Ticketmaster owner recently adjusted its refund policy during the current pandemic to only grant refunds for cancelled events rather than... Read more
Don Vaccaro: Working Together to Weather the Covid Crisis
When things go bad, people like to look for a villain. Ticketing professionals are competitors in a very competitive marketplace. Most people know of my opposition to a lot of Live Nation policies, because I am very vocal about it. However, we should give them credit for their integrity... Read more