Comment on Feds subpoena Ticketmaster over egregious concert ticket prices — A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn't “feel comfortable” sharing information with Congress

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givesomefucks@lemmy.world ⁨7⁩ ⁨months⁩ ago

Pretty sure they’ve gotten in trouble reserving seats for scalpers. They called them “premium buyers” or something because they bought an insane amount of tickets, more than any person could reasonably use.

TM still takes their cut when an original is bought. But then they take another when it’s resold on their platform again. They make more money the more times a ticket gets resold.

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