this post was submitted on 17 Apr 2024
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The Department of Justice is preparing to file an antitrust lawsuit against Ticketmaster parent company Live Nation (www.theverge.com)
submitted 7 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world
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[–] timmy_dean_sausage@lemmy.world 8 points 7 months ago (1 children)

Livenation was founded in the mid-late 90's, but didn't hold significant power in the live music industry until the mid-2000's. Before that, a pricey ticket for a national act was anything over $25. When I started my career in live production, in 2010, many venues were still putting on local/national act shows for $5 - $20 a ticket. Since then, I've seen ticket prices for the same type of shows double, in non-LN venues, and triple or more in LN venues. Same thing for drink/concession prices. If you were a teen/young adult in the 90's you likely had better access to affordable concerts than people these days.