It's also not the first time the Department of Justice has been reportedly looking into alleged misconduct by the company.
This is not the first time consumers have called for the breakup of Ticketmaster and Live Nation. 'As the leading player, we have an obligation to do better,' said Joe Berchtold, Live Nation Entertainment president and chief financial officer, at the hearing Tuesday. The long wait lines and frozen screens sparked an uproar with fans, blaming Ticketmaster for ruining their chances to see the pop star. It's no secret that Taylor Swift fans were outraged in November 2022 when millions flocked to to grab tickets to see the heartbreak queen for the first time since 2018 and the website crashed. The two companies merged in 2010 and now control an estimated 70% of the ticketing and live event venues market. Live Nation Entertainment is composed of Live Nation, an events promoter and venue operator, and Ticketmaster, a ticket sales giant. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower
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