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Rerrange Musical Ticket

Rerrange Musical Ticket

Aug 6th, 2022

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How to Rerrange Musical Ticket

4.8 out of 5

36 votes

The video discusses testimony from Clyde Lawrence during a Senate Judiciary Committee hearing on the monopolistic practices of Live Nation and Ticketmaster. He highlights that these companies operate simultaneously as the promoter, venue owner, and ticketing service, creating conflicts of interest. When artists perform at Live Nation-owned venues, they must use Live Nation as the promoter, which coordinates and finances concert logistics. Since both the artists and Live Nation share profits from the shows, Lawrence argues that this should create a partnership aimed at keeping costs low. He emphasizes the implications of this structure on artists and the overall concert industry.

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