Posted in industry | music on February 24, 2009

Need tickets

As pointed out this morning, there was a hearing on Captiol Hill today to discuss the Live Nation / Ticketmaster merger. Jim DeRogatis tuned in:

All of the senators voiced strong skepticism about the merger--including traditional foes Orrin Hatch (R-UT, and an amateur recording artist) and Charles Schumer (D-NY, and a Bruce Springsteen fan outraged by Ticketmaster's handling of the upcoming tour)--and they hurled barbed questions about skyrocketing prices, duplicitous ticket schemes and unfair competition at Ticketmaster head Irving Azoff and Live Nation boss Michael Rapino.

A native of downstate Danville, Azoff stressed his background as a music fan who traveled to Comiskey Park to see the Beatles and who promoted acts such as Dan Fogelberg and REO Speedwagon during his time at the University of Illinois. "This business is in far worse shape than many people realize," he said, adding that the merger is necessary to save it.

Rapino cited the benefits of Live Nation shows to local economies, claiming that one two-day event last summer at the Alpine Valley Music Theatre in East Troy, Wisc., pumped $5 million into the area. He did not name the artist.

Rapino also argued that competition is alive and well. He cited the example of Chicago, claiming that Live Nation only promotes 16 percent of the concerts here versus 29 percent promoted by Jam. Nationally, he said Live Nation only controls 38 percent of the concert business.....
[Continued at the Chicao Sun Times]

Reuters covered it too, and points out that "Sen. Charles Schumer urged Ticketmaster CEO Irving Azoff to sell TicketsNow, which gave its parent company a public relations black eye just before the merger was announced."

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Comments (15)

No one is going to stop this merger and once again the fans will pay...literally and figuratively.

Posted by Anonymous | February 24, 2009 8:49 PM

the Nj AG rolled over, and the feds will follow suit. after all, schumer wants good tickets to grease palms just as much as the next guy.

however, this will ultimately fail, so i kind of want to see it happen. watching a scumdog midget like azoff fail will be heavenly.

Posted by anonymous | February 24, 2009 9:27 PM

that's why i never buy tickets in advance. i only buy from the sheep that support these evil corporations. eventually these corps will go bankrupt like the rest of the country.

Posted by smarterTHANyou | February 24, 2009 11:19 PM

DAN FOGELBERG IS RIGHT.

THIS MERGER IS NECESSARY!

Posted by Anonymous | February 25, 2009 12:10 AM

that's why i only go to Todd P shows

(only partly kidding)

Posted by Anonymous | February 25, 2009 1:02 AM

screw ticketmaster ill avoid them as much as possible....wish we could all use ticketweb.com

Posted by sixsixsix | February 25, 2009 9:59 AM

He knows Dan Fogelberg? I take back everything bad I ever said about Ticketmaster. That guy's got the goods.

Posted by Otm Shank | February 25, 2009 10:00 AM

screw ticketmaster ill avoid them as much as possible....wish we could all use ticketweb.com

Ticketweb.com is owned by ticketmaster...they bought them a few years ago

Posted by Anonymous | February 25, 2009 10:10 AM

9:59am, just an fyi: ticketmaser owns ticktweb, and has for about 9 years

http://www.wired.com/techbiz/media/news/2000/05/36651

Posted by Anonymous | February 25, 2009 10:14 AM

I think you missed the most important quote:

TM CEO Azoff: "I don't think there should be a secondary market at all"

Now this is him sticking a fork to Mr Schumer. Where was Schumer when NY State was changing laws to legalize scalping? Which happened just last year? Some nerve these guys have. Bunch of fucking corrupt politicians on a money grab. Fuck them. Azoff is right, these guys are talking out of both sides of their mouths.

Posted by Anonymous | February 25, 2009 10:14 AM

Azoff would probably have more credibility on the subject if his own company wasn't the very definition of an abusive monopoly.

Posted by Anonymous | February 25, 2009 10:49 AM

azoff doesn't only not want a "secondary market," he doesn't want any market of any kind.

just ticketmaster, for one stop, 50% mark up "convenience fee" shopping.

seems to me that running a credit card and keeping a will call list doesn't really cost anything close $15 a head, down here in reality.

I hope the democratic congress destroys these guys

Posted by Anonymous | February 25, 2009 11:22 AM

that's why i never buy tickets in advance. i only buy from the sheep that support these evil corporations. eventually these corps will go bankrupt like the rest of the country.

Posted by saytabca | October 23, 2012 6:21 PM

ull like it.. if u hate ticketmaster :D The Walking Dead - Ticketmaster Apocalypse - http://www.fanarchist.com/blog/the-walking-dead-ticketmaster-apocalypse/

Posted by The Fanarchist | June 14, 2013 5:16 AM

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