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Friday, May 05, 2023
Live Nation CEO Says Ticketmaster Should Charge "A Bit More"
www.ticketnews.com: Live Nation Entertainment CEO Michael Rapino gave a lengthy interview to music industry analyst Bob Lefsetz last week, offering his perspective on the swirling controversies around his company and its place in the marketplace. In it, he offered some interesting justifications for its policies about ticket pricing and competition.
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I have been to a decent amount of concerts and hate getting my tickets from Ticketmaster because the tickets are usually as expensive as their fees. So for the CEO to raise the prices even more in an attempt to tell consumers that they have it good enough is pathetic. Just trying to get a code for a concert was so difficult. Getting concert tickets shouldn't be this big ordeal that Ticketmaster and live nation make it out to be. Getting tickets to U2 and 5 Seconds of Summer took so long and the fees were insane and almost the same price as the ticket. I feel like this is a problem and should be handled like how the article mentioned. We all know how when Taylor Swift went on sale it literally broke the site and this isn't the first time there has been an issue with this. Especially considering how high profile this event is. It is irritating that nothing has been done.
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