ASM Global has returned to Ticketmaster as ticketing partner for their brand new Becketwell Live in Derby, as well as renewing its partnership with Utilita Arena Sheffield and Sheffield City Hall 🙌 The new venue will utilise Ticketmaster’s extensive marketing and distribution technology to reach fans of all genres 🚀 Read more: https://lnkd.in/gsAqYETJ
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ASM Global has opted to bring in Ticketmaster UK as its ticketing partner for Becketwell Live, a new venue in the English city of Derby. Ticketmaster has also renewed its partnership with Utilita Arena Sheffield and Sheffield City Hall. https://lnkd.in/ePK6KKgX iris herscovici Chris Bray Andrew Parsons
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The UK’s Competition and Markets Authority (CMA) has launched an investigation into Ticketmaster, owned by Live Nation, following issues with ticket sales for Oasis' 2025 UK and Ireland tour. The probe will focus on whether Ticketmaster breached consumer protection laws and the use of "dynamic pricing," which saw some tickets more than double in price due to high demand. Oasis has distanced themselves from the pricing decisions, and the CMA is gathering evidence from fans to assess if the practice was transparent. This investigation is part of broader concerns around fairness in the ticketing industry. https://lnkd.in/gEfMdEvS #Ticketmaster #livemusic
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The Department of Justice's (U.S.) antitrust investigation into LiveNation and its desire to break up the merger that allowed Ticketmaster and LiveNation to become one may be more than what it looks to be. Just like one person's behaviour (alleged) created the "Me Too" movement and was, as I said the morning that news broke, "the tip of the iceberg," so too is this shot across the bow. The entertainment industry has been rife with all kinds of business arrangements that defy anti-trust concepts. Conflicts of interest, much like in the startup world, where one day you are the enemy, and the next day the best friend, so too do those types of relationships exist, often masked by "attorney-client privilege, " "confidentiality agreements," "hush money" or "NDAs." Ticketmaster has forever been the bane of all venues. Few may even remember Ticketron, its ancient rival that it ground down out of existence through a sale first to Carlyle Group and then Ticketmaster. Even fewer likely remember the days of "hard tickets" that were in place before the digital era. Even fewer likely knew that (some) venues shared in the "service fee" paid by patrons to the "remote" locations. Those "remotes" were originally a minor portion of ticket sales for sporting events and concerts, but as technology rose, so did the convenience of going to the local department store or merchant with a terminal to make a purchase. The major money came through the venue's box office (remember the lines for concerts that would form nights before for the Grateful Dead?) or the local ticket brokers who bought blocks of tickets or were consigned even more. As Ticketmaster rose in strength and power, the brokers died off, the remotes became Ticketmaster locations, and the lines dwindled at arenas and stadium box offices over time. So, as the DoJ digs in, this will be part fishing expedition, part hunting lesson, but one thing is for sure: The more they dig, fish, and hunt, the more that will come out, and when that does, don't be surprised at what becomes public. Peter Csathy Tony Loiacono Charlie Lico #concerts #sports
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The DOJ's antitrust lawsuit against Live Nation and Ticketmaster highlights Oak View Group (OVG) 73 times, alleging collusion to stifle competition in the live entertainment sector. In fact, OVG which operates both London's Budweiser Gardens and is overseeing the upcoming 'Hamilton Arena Project' has its own line in the Department of Justice complaint/document. So why does this matter to smaller markets of independent venues such as Kitchener or those who do not use Ticketmaster or have a massive purchasing department for live entertainment? 1. OVG ceded the tour promotions business to Live Nation, and Live Nation returned the favour, ceding the arena development and consultancy business to OVG and its OVG (Arena) Alliance. In plain words - not our arena or venue, not your show to have. 2. OVG’s presence in the venue world enables it to steer Live Nation content to its venues, whether owned or merely operated, and impose the use of Ticketmaster on those venues through a 2022 deal between the two parties that made Ticketmaster the official ticketing provider of OVG. Although OVG is not directly sued, its close relationship with Live Nation raises questions about its role and potential indirect consequences from the case. Consequences that small communities with independent venues not using Ticketmaster (or its subsidiaries such as TicketWeb or FrontGate Tickets) feel directly (or indirectly) with re-routing tours or events away from such venues or communities drawing profits to the OVG, or Live Nation owned subsidiaries. #kitchener #ticketing #livenation #liveentertainment https://lnkd.in/gedb6JR7
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Secondary ticketing firm viagogo has commissioned a report on secondary ticketing’s economic impact in the UK. It may shock you to find out that the report is highly positive. It claims that the sport and secondary ticketing market contributes £733m a year to local industries supporting live events, and that it supports 7,736 full-time-equivalent jobs in the hospitality and retail sectors. The report also claims that by filling otherwise-empty seats, the secondary market contributes “£629 per seat in non-ticketing revenue to the economy, filling a revenue void that would be left by the primary ticket market”. The report is the work of the Centre for Economics and Business Research (CEBR), commissioned by Viagogo. The timing is significant: before it was elected, the UK’s new Labour government promised to cap resale prices for tickets, among other regulatory crackdowns on the secondary market. Companies in that market have already been mobilising to push back on the plans. This kind of ‘BEHOLD our economic impact! Please consider our policy demands’ study is part and parcel of the lobbying process, and the music industry regularly does it too. Read The Full Story here: https://lnkd.in/dZBnXwiC #musically #musicnews #readmore
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Ticketmaster owner Live Nation Entertainment Inc (NYSE:LYV) tumbled almost 8% to $92.21 overnight on a report that the US Department of Justice is planning to open an antitrust lawsuit. The DoJ lawsuit will claim that Live Nation has leveraged its dominant share of the live event ticketing market in a way that undermines competition, according to a Wall Street Journal report, citing people familiar with the matter. Ticket sales behemoth Ticketmaster and events promoter and venue operator Live Nation merged in 2010 and are estimated to now control 70% of the ticketing and live event venues market in the US. Last year, following strong criticism of Ticketmaster over its handling of Taylor Swift's 'Eras' tour, a Senate Judiciary Committee hearing saw the company slammed for a lack of transparency, fee structure and inability to block ticket purchases by 'bots'. When the merger was approved in 2010, it was... More at #Proactive #ProactiveInvestors http://ow.ly/OTw3105pL1J
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Ticketmaster's Shocking Control 😲 - The Hamburger Analogy 🍔 Discover how Ticketmaster takes control of the ticket market and compares it to a limited-edition hamburger! Learn about the implications of ticket ownership and market competition, and why it matters to you. Don't miss out on this eye-opening perspective! #Ticketmaster #MarketControl #EconomicsExplained #TicketingSystem #ConsumerRights #EventTickets #MarketCompetition #HamburgerAnalogy #PayToPlay #InsightfulAnalysis
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NEW on ProMarket: The U.S. Department of Justice is rumored to be planning to sue Live Nation - #Ticketmaster for monopolizing markets for live events. Diana Moss (Progressive Policy Institute) explores what potential remedies the government might pursue to address competitive harms in markets such as ticketing for concert venues and sports arenas, and ticket resale, including the viability of breaking up the company. https://lnkd.in/dRrKATJ6
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🎟️ Ticketmaster: Like it or not, it’s still the king of ticketing! 🎟️ Despite all the grumbling about fees, 63% of Americans who bought tickets online last year went through Ticketmaster. That’s nearly double the traffic of Eventbrite (31%) and way ahead of StubHub (28%), according to Statista Consumer Insights. We all know there are complaints—and yeah, the DOJ lawsuit isn’t helping—but let’s keep it real: Ticketmaster only keeps a portion of those #fees. Running the biggest #platform for live events? That’s no easy feat! Whether it’s for ease, scale, or just because we can’t avoid it, millions of fans still turn to Ticketmaster to lock in #tickets to their favorite #events. 🎫 Love it or hate it, the numbers speak for themselves—Ticketmaster is still the go-to when it comes to getting those coveted seats. 🙌 #Ticketmaster #LiveEvents #TicketingGame #EventTech #DigitalTicketing #Eventbrite #StubHub #LiveNation #ConcertVibes #EventIndustry #DOJ #TicketingLeader #ConcertLife #EventManagement #Statista #TicketingPower
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🎟️ The Future of Live Experiences! As live experiences take center stage in the booming experience economy, platforms like Dice and Fever are leading the digital transformation of events and ticketing. 🌟 🔍 While Ticketmaster’s shortcomings frustrate consumers and governments alike, Dice and Fever are poised to revolutionize the industry with transparent, hassle-free ticketing platforms. ✨ What's particularly exciting? 🤔 Both companies are making bold moves into production: •Dice acquired Boiler Room, deepening their connection with clubbing events. 🎶 •Fever introduced its Originals format, creating, among others, the viral Candlelight Concerts. 🕯️ These strategic steps cater to what users truly want. And they have strong brand identities, outshining Ticketmaster and Ticketone alike. ⁉️Will they be able to make a dent in this monopoly? I guess we will see!
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Senior Promoter & Olivier Award Winning Producer at Cuffe & Taylor | Live Nation
2moFantastic news all round, bravo teams!!