Thursday, February 26, 2009
Ticketmaster CEO amenable to sale of TicketsNow
Reuters: "Ticketmaster Entertainment Inc would be amenable to selling troublesome subsidiary TicketsNow, Ticketmaster Chief Executive Irving Azoff told a congressional panel, which seemed skeptical of a proposed merger with concert promoter Live Nation Inc."
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It seems to me that there is no way this could NOT be a monopoly. Ticketmaster is the site every performance of every variety (concerts, plays, shows of all kinds) uses and if they start "selling" out too soon, and diverting everyone to ticketsNow, it is corrupt and shouldn't be legal. I can't figure out how it was noted to be legal after at least two shows had the same problem
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