Jump to content

Entertainment Business Thread


Toups

Recommended Posts

  • Administrator

 

" The Justice Department is investigating whether Ticketmaster’s parent company Live Nation has abused its power as the dominant force in the live music industry, The New York Times reports. 

News of the investigation broke at the end of a chaotic week for Ticketmaster, which was unable to handle the massive demand for tickets for Taylor Swift’s “Eras Tour.” The Swift debacle, however, is just the latest instance where Ticketmaster/Live Nation has garnered scrutiny, with similar chaos and frustrations over wait times and price mark-ups surrounding ticket sales for artists like Harry Styles and Bruce Springsteen.  

Despite the timing of the news, the DOJ’s antitrust division had already spent several months digging into Live Nation and Ticketmaster. Though specifics are scarce, the investigation appears to be looking at whether Live Nation does have a monopoly over the industry.

......

Along with the reported investigation, this week saw calls from congress to look into Live Nation. Minnesota Senator Amy Klobuchar — who chairs the Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights — sent a letter to Live Nation CEO Michael Rapino expressing concern over what she called a lack of competition in the live music industry. New York representative Alexandria Ocasio-Cortez also criticized the Live Nation/Ticketmaster “monopoly” and called to “break them up.” (After news of the DOJ investigation broke, AOC tweeted, “That was fast.”)"

 

---------------------------

 

What perfect timing to announce this after this past week's fiasco with Taylor Swift concert tickets.  Live Nation/Ticketmaster's monopoly needs to be broken up.  Personal note: I did not get any tickets, despite spending hours trying. 

Please register in order to view this content

 

Link to comment
Share on other sites

  • Replies 12
  • Created
  • Last Reply

Top Posters In This Topic

  • 1 year later...
  • Members

Ironically, @Vee and I talked earlier this week (in the thread about the maybe-it's-not-dead-after-all AMC primetime reboot) about Paramount's ongoing financial woes:

I actually laughed when I saw that both Showtime cable and Showtime streaming had been rebranded as "Paramount + with Showtime."  What a cumbersome ass name, I thought, for an outlet that probably will have to rebrand itself again if/when Paramount + goes under.

So, what would they have to rename it as, should this latest merger come to fruition?  "Max and Paramount + With Showtime, Too!"?  Better yet, just leave it blank, but with the tagline "Call it whatever the [!@#$%^&*] you want."

Either way, I don't envy anyone who works for WBD or Paramount Global one bit.

Meanwhile, according to that THP article, Byron Allen has resubmitted his $3.5B offer to buy BET Networks from Paramount (who sees BET as a "non-core" asset, b/c, black folks).  Reason?  Because his janky sitcoms have to go somewhere!

Link to comment
Share on other sites

  • Members

And added onto the tagline should be “…but you’ll still end up with added subscriber fees “.

What programming does Byron Allen actually do anyway? All I can think of is those odd programs featuring random clips of celebrity interview with inserted canned music. What else has he done?

There could be an entire documentary about the series of missteps and bad business decisions that various BET CEOs and executives made that caused BET’s slide downward.

It began with good intentions but what is BET actually about now?

Link to comment
Share on other sites

  • 4 months later...
  • Administrator

Hollywood Reporter: Live Nation Sued By Justice Department In Antitrust Lawsuit Seeking Break Up

 

Finally! I hope it happens.  Ticket prices in North America are insanely high, especially in the resale/secondary market.   I was looking at some of the European prices on the secondary market for Taylor Swift tickets and they are so much cheaper. 

Link to comment
Share on other sites

  • 1 month later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.



  • Recent Posts

    • LMAO this is the funniest hill I'll die on. Here is what I'm saying ⬇

      Please register in order to view this content

      The shoulders and sleeves are too tight. He'd benefit from a larger size. The yellow arrows show where the shoulder cut should actually be placed in my opinion. I don't mind the granpa fashion per se, I just have an OCD with sizes LOL
    • Today May 11, 2025, Pope Leo briefly addressed the crowd in the square.  He sang the prayer to Mary and then said:   Dear brothers and sisters, The immense tragedy of the Second World War ended eighty years ago, on 8 May, after having claimed sixty million victims. In today’s dramatic scenario of a piecemeal third world war, as Pope Francis stated many times, I too address the world’s leaders, repeating the ever-timely appeal: “Never again war!”. I carry in my heart the sufferings of the beloved Ukrainian people. May everything possible be done to reach an authentic, just and lasting peace, as soon as possible. Let all the prisoners be freed and the children return to their own families. I am deeply saddened by what is happening in the Gaza Strip: may there be an immediate ceasefire! Let humanitarian aid be provided to the stricken civil population, and let all the hostages be freed. On the other hand, I have welcomed with satisfaction the announcement of the ceasefire between India and Pakistan, and I hope that through the upcoming negotiations, a lasting accord may be reached soon. https://www.vatican.va/content/leo-xiv/en/angelus/2025/documents/20250511-regina-caeli.html
    • Lol! I'm quite sure it would. 
    • But that is pretty much situation normal for all soaps. They do not tend to continue to show things like surgical scars. They also play fast & loose with hospital procedures.
    • re: prior two posts about Trump's new opulent plane contrasted with utter starvation in Gaza... Trump and Netanyahu are giving "Let them eat cake".  And it's horrific. In 2013, Pope Francis removed a bishop from running the Limburg Germany diocese because he was constructing an opulent 31-million-euro building. This is from Reuters obit of Francis: https://www.reuters.com/world/obituary-pope-francis-shook-up-church-with-simplicity-raising-conservative-ire-2025-04-21/ From the start, Francis sent clear signals to priests and bishops about the type of Church he wanted. He said there was no room for "careerists or social climbers" among the clergy, told cardinals they should not live "like princes," and said the Church should not "dissect theology" in lush salons while there were poor people around the corner. "If investments in banks fall, it is a tragedy and people say 'what are we going to do?' but if people die of hunger, have nothing to eat or suffer from poor health, that's nothing. This is our crisis today. A Church that is poor and for the poor has to fight this mentality," he said early in his papacy. -- Pope Francis stood up for the poor, the unhoused, the migrants of all faiths.  He lived simply and ordered that when he died, that he wished to be interred in a simple wooden coffin. I sincerely hope that the new pope Leo will follow Francis' example.
    • Co Sign!!!!   I have been watching the show regularly over the last few weeks and am pleasantly surprised by how much easier it is to watch each day. This definitely is confirmation for me that Paula and Jeanne wrote the stroke episodes, cause I felt the same way watching those. Could be more exciting for sure, but interactions now make more sense and everything seems to be a bit more character driven which is great. I will add though, there are still about 10 or so characters i'd love to see gone, and hope a few will exit in the future! Otherwise, happy with the changes so far. 
    • Sean Freeman looks good in anything. Would not change one thing. Arielle Prepetit looking cute. 

      Please register in order to view this content

    • There is suffering everywhere you look, says mother of emaciated baby girl trapped in Gaza https://www.bbc.com/news/articles/czrv5rl73zdo Quoting excerpts from BBC article: The baby's mother Najwa, 23, is changing Siwar's nappy. She weighs just over 2kg (4lb 6oz). A baby girl of five months should be around or over 6kg. "There was no food when I gave birth to her," says Najwa. "If I wanted to feed myself so I could breastfeed her, I had no nutrients to make my health better... She now only drinks formula milk, and we don't know how we'll be able to provide it for her." Israel has banned international journalists from entering Gaza to report independently. According to Siwar's doctor, Ziad al-Majaida, "Nothing enters through the borders, no milk, food or anything. This leads to big problems here for the kids. This baby needs a specific type of milk. It was available before, but because of the border closure, the stocks have run out for a while now." Since the beginning of the year, according to the UN, about 10,000 cases of acute malnutrition among children have been identified. Food prices have rocketed by as much as 1,400%. Charity kitchens, which have helped hundreds of thousands of Gazans, are shutting as food supplies run out. Twenty-five bakeries supported by the World Food Programme have been forced to close. Israel cut off all humanitarian aid and other supplies from entering Gaza on 2 March, and resumed its military offensive two weeks later The United Nations has said the Israeli blockade constitutes "a cruel collective punishment" on civilians. The UN's humanitarian director, former British diplomat Tom Fletcher, said that international law was unequivocal. "As the occupying power, Israel must allow humanitarian support in... Aid, and the civilian lives it saves, should never be a bargaining chip," he warned. From the BBC reporter: I put this point to Boaz Bismuth, a leading member of Prime Minister Benjamin Netanyahu's Likud party. He (Bismuth) denies there is an aid crisis caused by the blockade. "There is food in Gaza... Israel wouldn't do such a restriction if the population didn't have food. I mean, I know my country perfectly well," he (Bismuth) said. BBC reporter: I put it to Bismuth that he was denying the evidence of people's eyes, that children were starving. "There are not starving children. I repeat again." He (Bismuth) said that there had been allegations months ago of famine, ethnic cleansing and genocide in Gaza "which was crap". ----  ----  ---- A UK-based advocacy group for Israel has the nerve to claim war may reduce obesity in Gaza https://www.theguardian.com/world/2025/may/10/uk-lawyers-for-israel-condemned-over-claim-war-may-reduce-obesity-in-gaza
    • Joel Crothers would have been perfect as Owen (maybe because Margo wasn't too far off Denise). A shame he couldn't have played a dual role. Eliot did have more room to grow. I wonder if whatever allegedly happened with Denny Albee played a part in both their exits.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use and Privacy Policy