wease wrote:No. Pearl Jam just scalps them themselves.
No. Pearl Jam significantly discounts large swaths of tickets and then sells some at something closer to a market rate, allowing those big spenders to subsidize the show for everybody else.
wease wrote:No. Pearl Jam just scalps them themselves.
No. Pearl Jam significantly discounts large swaths of tickets and then sells some at something closer to a market rate, allowing those big spenders to subsidize the show for everybody else.
Is that like when Ronco would cut the price into 5 easy payments then give another one for free?
Ticketmaster doing Ticketmaster shit
Posted: Thu May 23, 2024 12:51 am
by 96583UP
I can't find this thread right now so will post this here.
The US Justice Department and a group of states will sue Live Nation Entertainment Inc. for antitrust violations related to Ticketmaster’s unrivaled control of concert ticket sales, according to people familiar with the case.
The suit is expected to be filed in the Southern District of New York Thursday, said the people who asked not to be identified. The dispute will seek remedies including breaking up Live Nation, said the people, who asked not to be named discussing confidential information.
Live Nation shares dropped by 10% in late trading following Bloomberg’s report on the Justice Department’s planned lawsuit.
The Justice Department declined to comment. Live Nation didn’t immediately respond to requests for comment.
The move is the latest antitrust suit pursued by the Biden administration, which has made competition a key component of its economic policy, bringing cases against companies including Alphabet Inc.’s Google and Amazon.com Inc.
Live Nation, the biggest US concert promoter, merged with ticketing giant Ticketmaster in 2010. President Barack Obama’s Justice Department reviewed the transaction and allowed it to move forward as part of a settlement in which the company promised it wouldn’t retaliate against concert venues that opted against using Ticketmaster.
The department, under President Donald Trump’s administration, found Live Nation had repeatedly violated that promise and entered into a modified settlement with the company in 2019 to impose an external monitor to investigate further allegations.
Joe Biden’s administration opened a new probe of the company in 2022 amid continued concerns that Live Nation hasn’t abided by the settlement terms. The case sparked widespread public interest after Ticketmaster bungled the massive demand for Taylor Swift tickets later that year.
Biden’s Justice Department has already filed twin monopolization cases against Google and in March sued Apple Inc. for allegedly thwarting innovation on its iPhone. The Federal Trade Commission, which jointly enforces the antitrust laws, is seeking to force Meta Platforms Inc. to sell off its Instagram and WhatsApp units and sued Amazon last year for monopolization of online marketplace services.
We are writing to notify you of a data security incident that may have involved your personal information. We take the protection of your personal information very seriously and are sending this correspondence to tell you what happened, what information was involved, what we have done, and what you can do to address this situation.
What Happened
Ticketmaster recently discovered that an unauthorized third party obtained information from a cloud database hosted by a third-party data services provider. Based on our investigation to date, we determined that the unauthorized activity occurred between April 2, 2024, and May 18, 2024. On May 23, 2024, we determined that some of your personal information may have been affected by the incident. We have not seen any additional unauthorized activity in the cloud database since we began our investigation.
What Information Was Involved
The personal information that may have been obtained by the third party may have included your name, basic contact information, and payment card information such as encrypted credit or debit card numbers and expiration dates.
What We Are Doing
We have been diligently investigating this incident with the assistance of outside experts. We have also contacted and are cooperating with U.S. federal law enforcement authorities, and this notice has not been delayed due to law enforcement investigation. We have additionally taken a number of technical and administrative steps to further enhance the security of our systems and customer data. These measures include rotating passwords for all accounts associated with the affected cloud database, reviewing access permissions, and increased alerting mechanisms deployed in the environment.
What You Can Do
We recommend you remain vigilant and take steps to protect against identity theft and fraud, including monitoring your accounts, account statements, and free credit reports for signs of suspicious activity. To further protect your identity and as a precaution, we are also offering you identity monitoring with TransUnion of Canada, Inc. (“TransUnion”), at no cost to you. Identity monitoring will look out for your personal data on the dark web and provide you with alerts for 1 year from the date of enrollment if your personally identifiable information is found online. These services will be provided by TransUnion specializing in fraud assistance and remediation services.
Your Ticketmaster account was not affected by this incident, however we recommend being mindful of phishing attempts such as emails from unknown senders or those that contain unusual content, such as links or attachments, or being asked to provide personal information over the phone.
For More Information
We are fully committed to protecting your information, and deeply regret that this incident occurred. If you have questions or concerns regarding this incident, please contact us at +1 833-505-2930 Monday-Friday from 8:00 a.m. to 8:00 p.m. Central Time, excluding holidays.
