Series
.

Live Nation & Ticketmaster Are Forced To Divorce

May 24, 2024
If you think you’ve been paying too much to see music shows, the US government is now on your side.
the details
The U.S. Department of Justice filed a lawsuit to break up Ticketmaster from parent company Live Nation, citing alleged antitrust violations and accusing the company of monopolizing the ticketing industry. Attorney General Merrick Garland alleges “that Live Nation relies...
+ READ MORE
Show transcript
00:00
We have an update on the Ticketmaster Department of Justice lawsuit and
00:05
the DOJ is real for this one.
00:09
The DOJ is forcing Live Nation and Ticketmaster to break up because
00:13
they're a monopoly on the concert business.
00:16
The lawsuit was originally for Live Nation because they own Ticketmaster.
00:19
No, like no,
00:20
no, no, you gotta break up.
00:21
It's kind of like those couples that are always together and it's
00:25
like, oh my God,
00:26
like I don't need your man at girls night.
00:28
You know, like you gotta do your own like it's a
00:31
toxic power couple. You know what it reminds me of that
00:34
homie at work. We're like we need two people to do
00:36
this task. It's like,
00:36
no, you don't,
00:37
you can do it separately but go off Queen.
00:41
Here is this, there used to be one phone company in
00:45
the US. They set the prices.
00:47
You didn't like it.
00:48
You could send messages with the carrier pigeon.
00:53
So we started like that and now there's so many phone companies
00:55
right? So maybe this lawsuit might,
00:58
you know, help more ticket companies come to light.
01:01
So we as a consumer have more say in where we buy
01:05
our concert tickets. I like this.
01:07
I like it too.
01:08
Hopefully this case kind of helps us out.
01:11
I want to listen to some concerts,
01:12
man. I wanna be able to afford a couple,
01:14
not just one a year,
01:15
it's like, all right.
01:16
Porque mega guo. Shout out to the DOJ.
01:22
Well, we'll see what happens.