Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Reuters)   Live Nation to acquire Ticketmaster for $2.5 billion, plus $700 million in convenience charges   (uk.reuters.com) divider line
    More: Scary  
•       •       •

5964 clicks; posted to Business » on 10 Feb 2009 at 2:39 PM (10 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



102 Comments     (+0 »)
 


Oldest | « | 1 | 2 | 3 | » | Newest | Show all

 
2009-02-10 12:33:17 PM  
Looks like I am just gonna have to start playing my own instruments to get music...
 
2009-02-10 12:36:52 PM  
SobrietyFighter: Looks like I am just gonna have to start playing my own instruments to get music...

Organ? Skin flute?
 
2009-02-10 02:09:08 PM  
this is why i only go to small shows in small clubs where I can pay cash at the door for a ticket. f*ck the f*cking f*cks.
 
2009-02-10 02:43:23 PM  
Ha! Subby +1
 
2009-02-10 02:44:12 PM  
Nogrhi 2009-02-10 02:09:08 PM
this is why i only go to small shows in small clubs where I can pay cash at the door for a ticket. f*ck the f*cking f*cks.


Mostly this.

Or really large shows like 'Summerfest' where I pay $20 and have a
choice of seeing over 60 bands in a day.
 
2009-02-10 02:45:03 PM  
This is why I listen to underground music that has never been recorded or performed live.

That's also why my favorite band is better than yours - they aren't sellouts.
 
2009-02-10 02:45:28 PM  
nice subby!

/up yours Tickemaster, with a rusty nail
 
2009-02-10 02:45:42 PM  
there is a music festival i want to go to. here is the pricing...
$130.00 for general admission ticket purchased online
$40.00 service charge!1
$11.00 shipping and handling!!!
WTF!?

dont get me started on sporting events....
 
2009-02-10 02:45:48 PM  
Can someone explain how this is not antitrust? And even if it doesn't meet that specific definition, how the entire philosophy of Ticketmaster, with their charges left and right, computer "glitches" that prevent people from purchasing tickets but which show up on 2nd hand sites for many times face value seconds after they go on sale, etc etc doesn't violate some sort of consumer protection laws?
 
2009-02-10 02:45:58 PM  
Sucks for all of you average joes, my music tastes are so indie, that they haven't even gotten piss drunk at that one party in the Harbor where they are going to pick their name and figure out the venue of their first show yet.
 
2009-02-10 02:46:39 PM  

Nogrhi: this is why i only go to small shows in small clubs where I can pay cash at the door for a ticket. f*ck the f*cking f*cks.


I thought that was supposed to be "f*ck the f*cking f*ckers"
 
2009-02-10 02:46:45 PM  
All you people have to do is stop buying tickets to stuff for six months. This will accomplish two things:

1.) Drive the company into oblivion
2.) Wean yourselves off of crappy music that you only "enjoy" because you voluntarily cram it into your heads on a daily basis, which is just what the RIAA marketing division wants you to do.
3.) ???
4.) Profit!
 
2009-02-10 02:47:41 PM  
I'm so underground that the frequency in which my favorite guitarist has his epic solos in, has not even been confirmed to exist by physicist yet.
 
2009-02-10 02:50:01 PM  

Githerax: All you people have to do is stop buying tickets to stuff for six months. This will accomplish two things:

1.) Drive the company into oblivion
2.) Wean yourselves off of crappy music that you only "enjoy" because you voluntarily cram it into your heads on a daily basis, which is just what the RIAA marketing division wants you to do.
3.) ???
4.) Profit!


It's so simple, why did I think of it?

Also, my music is better than your music. End of discussion, you lose.

/nyah nyah
 
2009-02-10 02:50:25 PM  
I was looking at 2 pretty crappy seats to a show. Ticket price $136 and "convenience" charge was $18.75 per ticket. How convenient, I see a good show and get screwed at the same time.
/Fark You Ticketmaster!
 
2009-02-10 02:50:45 PM  
"Ticketing Margins are as high as 25%"

Think Ticketmaster having a chokehold plays a part in this margin? And how exactly will it benefit customers to REDUCE the competition?
 
2009-02-10 02:51:03 PM  
Is this the thread where I talk about how my indie music tastes are better than everybody elses because they're more obscure, whereas all the music everybody else listens to is garbage because the artists get paid for it because they're actually good?

please tell me it is.
 
2009-02-10 02:51:22 PM  
indiemusicchatter.comView Full Size


Inconsolable.
 
2009-02-10 02:51:27 PM  
The second you decide to stop wasting money on them, they will fold.
 
2009-02-10 02:52:02 PM  

Trickinosis: I'm so underground that the frequency in which my favorite guitarist has his epic solos in, has not even been confirmed to exist by physicist yet.


I'm so underground that I only listen to Fraggle Rock.
 
2009-02-10 02:52:06 PM  
I've always thought that if Ticketma$ter simply added the fee on per ticket and the promoter included the fee in the advertised price that nobody would give a rats ass. I don't think anybody would begrudge a company making a profit off of providing a service. I think the rub comes in when you show up with $100 to buy four $25 tickets and you don't have enough cash.

Ever notice nobody biatches about gas taxes? You don't ever see them. If you pulled up to the station and the sign said "$2 / gallon" and you pumped 10 gallons and the bill was $35.75, you'd be pissed, too.
 
2009-02-10 02:52:13 PM  
Dear US FTC,

Wake up on this merger, bad for the entire industry.

-A canadian hoping the class action against TicketMaster/TicketsNow will go through in Ontario.
 
2009-02-10 02:52:21 PM  
I wanted to see Elbow in Toronto.

This would have required me to buy a ticket to Coldplay, as they are opening for them here.

I do not wish to see them from Row ZZZ-9 in an arena, and pay TM a shiatload for the privilege.

I am now sad I will miss them live.


FU, Ticketmaster/LiveNation/Clearchannel/Douchebag on a Guitar
 
2009-02-10 02:53:14 PM  
My wife works for an indie ticketing agency..so she....wins

or something.
 
2009-02-10 02:53:21 PM  
Live Nation has the option of having Ticketmaster mailed to them for free or they can print it out on their own printer for $4,500,000.
 
2009-02-10 02:54:26 PM  
I thought it would be Ticketmaster that would acquire Live Nation. In any case, their next step will be to puncture everyone's eardrums, and then charge them big bucks for a cochlear implant so that they can hear.
 
2009-02-10 02:55:41 PM  
I like that the Rave allows you to buy directly from them now without a shiatload of fees. Sure you can still buy ticketmaster and pay the extra but you can use their website directly and not get raped.

/rape
 
2009-02-10 02:57:58 PM  
Thisbymaster: The second you decide to stop wasting money on them, they will fold.

Unfortunately, they are the only way to get tickets to any performance within 500 KM of where I live, so I'm kinda farked.
 
2009-02-10 02:58:46 PM  
Obviously they didn't go through Tickets Now or they would have paid three to four times that much.
 
2009-02-10 02:59:12 PM  

CarnySaur: I thought it would be Ticketmaster that would acquire Live Nation. In any case, their next step will be to puncture everyone's eardrums, and then charge them big bucks for a cochlear implant so that they can hear.


Ticketmaster is technically coming out ahead with 50.01% of the new shares versus LiveNation's 49.99%.
 
2009-02-10 02:59:23 PM  
Looks like I'm gonna have to make some friends that can sneak me into concerts. There is no farking way I'm supporting this joke.
 
2009-02-10 03:01:22 PM  
Words cannot adequately describe my hatred of Ticketmaster and this deal. If anti-trust regulators don't stop this, I will give up all hope on the Commerce department having any relevancy in the modern market. Anti-trust laws may as well not exist if they don't enforce them.

From another article (new window):

Irving Azoff, Ticketmaster's CEO, who would be executive chairman of the new company, told analysts on a conference call that other artist promoters would be given a fair shake in dealing with the new entity.

"We think that it will be a more level playing field, and there's no real barrier of entry for anybody to expand their promotion areas," said Azoff, the longtime manager of the Eagles. "The goal of this company is going to be to get more artists to work and fill more venues and fill more seats."


Well there's the problem right there. Ticketmaster consistently and routinely tells bald-faced lies with a straight face and has no qualms whatsoever about doing it. And they know you'll take it in the ass, because you have no other choice, so fark you.

Reducing prices? Bullshiat. They'll charge you even more egregious fees for the "convenience" of the combined monopoly. I'm still waiting for them to explain why emailing tickets for me to print myself with my own paper and ink costs $4 more than USPS mail.

It'd be nice is some big-name artist (Springsteen?) would take a Pearl Jam-like stance against them to generate some publicity. With the advent of the internet and the blogosphere, it might have more inpact than in the mid-90's.
 
2009-02-10 03:01:48 PM  
Does this offer expire in 4 minutes?
 
2009-02-10 03:02:17 PM  

Korth: I thought that was supposed to be "f*ck the f*cking f*ckers"


That'd make a good band name. The F word seems to be really in for band names right now so the name alone would be fried gold.
 
2009-02-10 03:05:00 PM  

jpat: I've always thought that if Ticketma$ter simply added the fee on per ticket and the promoter included the fee in the advertised price that nobody would give a rats ass. I don't think anybody would begrudge a company making a profit off of providing a service. I think the rub comes in when you show up with $100 to buy four $25 tickets and you don't have enough cash.

Ever notice nobody biatches about gas taxes? You don't ever see them. If you pulled up to the station and the sign said "$2 / gallon" and you pumped 10 gallons and the bill was $35.75, you'd be pissed, too.


I personally wouldn't care if they were upfront about the prices. I have canceled orders for shows in the past once I realized the price was going to be almost doubled because of the bullshiat fees. I probably wouldn't have cared but since they wanted to be less than upfront they lost out completely.
 
2009-02-10 03:05:28 PM  
For all the joking back and forth about "not seeing concerts" ... I've never actually gone to a rock/pop/whatever concert before.

And it's not because I don't listen to contemporary music. Just can't really see the desire to cram myself in a stadium with 20k of my closest friends while listening to music so loud your ears ring for days.

If I wanted to go deaf while crowded, I'd ride the bus with my ipod turned up.
 
2009-02-10 03:05:45 PM  
I hate Ticketmaster, just like everyone else. It sucks because even a lot of midsize venues use them, and forget seeing a big name without paying their BS. I'd go to the box office if I can, but when you have to be there during normal business hours and pay cash, sometimes it just isn't practical. Why can't more venues just have their own ticket system on their website? (I think some bands and venues have exclusive deals with TM...)

/hate
//hate hate
 
2009-02-10 03:06:59 PM  
Don't forget the internet purchase fee and $1 for a trash collection fee. And a $1 fee for the paper work in processing these fees.

/I only listen to unintelligible anti-music created accidentally by pygmy gimps.
 
2009-02-10 03:07:01 PM  

CarnySaur: I thought it would be Ticketmaster that would acquire Live Nation. In any case, their next step will be to puncture everyone's eardrums, and then charge them big bucks for a cochlear implant so that they can hear.

Ticketmaster will hold 50.01% of shares of the combined company


Essentially, that is what's happening; Ticketmaster is in control of the merger but barely.
 
2009-02-10 03:09:14 PM  

tombotia: Just can't really see the desire to cram myself in a stadium with 20k of my closest friends while listening to music so loud your ears ring for days.


Paying for the concert ticket and maybe an exclusive tour shirt will give more money to an artist than buying each of their CDs twice over.
 
2009-02-10 03:09:52 PM  
I stopped buying tickets from ticketmaster years ago.
seriously, either go to club shows and pay in cash or buy tickets from the venue directly. I wish more people would stop supporting these mother farkers. even big arena's usually have a box office that you can buy directly from that doesn't charge service charges. I mean, convenience is one thing, but it's feel more like rape when it's 20%+ of the ticket value PER TICKET. and let's not forget the outrageous shipping charges.
 
2009-02-10 03:10:05 PM  
I never understood why this was different than scalping. I know ticketmaster is not illegal because they pay some lawyers and congress critters some money. But I never understood how this was different than scalping.
 
2009-02-10 03:12:16 PM  
tombotia
For all the joking back and forth about "not seeing concerts" ... I've never actually gone to a rock/pop/whatever concert before.

And it's not because I don't listen to contemporary music. Just can't really see the desire to cram myself in a stadium with 20k of my closest friends while listening to music so loud your ears ring for days.

If I wanted to go deaf while crowded, I'd ride the bus with my ipod turned up.


Errmmm....how do you know that that is what a show would be like if you have never actually been to a show?

However, they are a lot like that, but it is fun!

/my ears rang for days after Jon Spencer took a set break and left the microphone on the amp for screaming feedback the whole time. But that is rock and roll.
//I'm talking about Rock and Roll. Blues Explosion!!
//YEAH!!
 
2009-02-10 03:14:30 PM  
Support your local music scene!!!!! fark all these greedy corporate bastards
 
2009-02-10 03:14:40 PM  

Loud_Mouth_Soup:
...
I do not wish to see them from Row ZZZ-9 in an arena, and pay TM a shiatload for the privilege.
...


The view from row YYZ is soo much better...
 
2009-02-10 03:17:15 PM  
Guess I will have to stick going to see my nephews' band.
http://www.theprimarymusic.com
 
2009-02-10 03:19:59 PM  
tombotia

For all the joking back and forth about "not seeing concerts" ... I've never actually gone to a rock/pop/whatever concert before.

And it's not because I don't listen to contemporary music. Just can't really see the desire to cram myself in a stadium with 20k of my closest friends while listening to music so loud your ears ring for days.

If I wanted to go deaf while crowded, I'd ride the bus with my ipod turned up.


You don't belong here. Go away.
 
2009-02-10 03:20:13 PM  
Time to dust off the antitrust laws.
 
2009-02-10 03:22:02 PM  

Githerax: All you people have to do is stop buying tickets to stuff for six months. This will accomplish two things:

1.) Drive the company into oblivion
2.) Wean yourselves off of crappy music that you only "enjoy" because you voluntarily cram it into your heads on a daily basis, which is just what the RIAA marketing division wants you to do.
3.) ???
4.) Profit!


unfortunately this has more to do with the venues than the artists. For example, Neko Case is about to release an album on Anti records, which is not exactly a major label. Tickets for her Boston show at the Berklee school of music were $30/each + $10 in ticketbastard fees. that's a third of the value of the ticket tacked on. At this point i think they are just trying to squeeze the most out of a business model which will soon die out.

As an aside, the tix were also available at the venue without service charge, which is where i bought mine. Certain artists will negotiate such arrangements. I wonder if they can because they are not a major label and so not bound by the deals those labels have with ticketcoonts and the venue.
 
2009-02-10 03:27:22 PM  
Where the fark is the FTC?

It's bad enough Live Nation has a monopoly over promoting events, and Ticketmaster has a monopoly on ticket brokering... a combined entity would effectively control the entire process end-to-end. Including scalping, via TicketsNow.
 
Displayed 50 of 102 comments


Oldest | « | 1 | 2 | 3 | » | Newest | Show all



This thread is archived, and closed to new comments.

Continue Farking





On Twitter




In Other Media
Top Commented
Javascript is required to view headlines in widget.
  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report