Discover and read the best of Twitter Threads about #breakupticketmaster
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šØBREAKING: Live Nation-Ticketmaster reports total 2022 income of $732 MILLION, which is 125% higher than 2019, their pre-pandemic year and most-profitable on record.
livenationentertainment.com/2023/02/live-nā¦
livenationentertainment.com/2023/02/live-nā¦
This is just another proof point that Live Nation-Ticketmaster is raking in cash at the expense of fans, artists, and everyone who ACTUALLY makes live events special.
Wonder why that hasn't made it into the report.
Wonder why that hasn't made it into the report.
Donāt believe the analyst jargon. Thereās only ONE reason that Live Nation-Ticketmaster reported these massive earnings this quarter: monopoly power.
Thanks to the Live Nation-Ticketmaster merger of 2010, they've had free rein to dominate the live events market.
Thanks to the Live Nation-Ticketmaster merger of 2010, they've had free rein to dominate the live events market.
Okay, so Ticketmaster's website is down right now, presumably due to demand for Taylor Swift tix. Here's a quick thread about some reasons this is such a nightmare. #breakupticketmaster
First, public service announcement, just because we want to help Swifties have an easier time today, if possible.
In a healthy marketplace, artists with high-profile tours would have the ability to choose from a whole range of different ticketing partners with technical capacities to withstand an onslaught of demand, and could choose the one that best fits their needs and their fans' needs.
NEW: Live Nation-Ticketmaster reports record-breaking earnings this quarter.
They're raking in cash at the expense of fans, artists, and everyone who ACTUALLY makes live events special.
Wonder why that hasn't made it into the report.
actionnetwork.org/letters/tell-tā¦
They're raking in cash at the expense of fans, artists, and everyone who ACTUALLY makes live events special.
Wonder why that hasn't made it into the report.
actionnetwork.org/letters/tell-tā¦
After a summer of price gouging fans, Live Nation-Ticketmaster is on track to have its most profitable year ever.
Total revenue for 2022 is $12.3B so far, which is 43% higher than what it was at this time in 2019, their pre-pandemic year and most-profitable on record.
Total revenue for 2022 is $12.3B so far, which is 43% higher than what it was at this time in 2019, their pre-pandemic year and most-profitable on record.
Donāt believe the analyst jargon. Thereās only ONE reason that Live Nation-Ticketmaster reported these massive earnings this quarter: monopoly power.
Thanks to the Live Nation-Ticketmaster merger of 2010, they've had free rein to dominate the live events market.
Thanks to the Live Nation-Ticketmaster merger of 2010, they've had free rein to dominate the live events market.
NEW: As of today, over 10,500 people from across the country have sent letters to @JusticeATR urging them to #BreakUpTicketmaster.šØšļø
As we hit this exciting milestone, hereās a recap on why we launched this campaign, and what we hope it will achieve.
msn.com/en-us/music/neā¦
As we hit this exciting milestone, hereās a recap on why we launched this campaign, and what we hope it will achieve.
msn.com/en-us/music/neā¦
Some background: Thanks to a merger with Live Nation in 2010, Ticketmaster has almost total control over live music & sporting events.
With that power, they rip off fans, short change artists, & strong-arm venues.
@KristaKBrown & @FreedZach have more.š
economicliberties.us/our-work/how-aā¦
With that power, they rip off fans, short change artists, & strong-arm venues.
@KristaKBrown & @FreedZach have more.š
economicliberties.us/our-work/how-aā¦
Thatās why youāre stuck with more junk fees, secondary markets, price-gouging, and every facet of awful service.
Hereās @doctorow and @MorePerfectUS laying out the full story.
Hereās @doctorow and @MorePerfectUS laying out the full story.
BIG: Weāre launching a campaign to #BreakUpTicketmaster w/ @fightmonopolies, @MorePerfectUS, @sportsfanorg, @FanFreedom, @ConsumerFed, @artistrightsnow, & @ncl_tweets.
Has your ticket buying experience been hell lately? Our campaign lays out why ā and how you can take action.š§µ
Has your ticket buying experience been hell lately? Our campaign lays out why ā and how you can take action.š§µ
2/ The campaign features a new Quick Take from @KristaKBrown and @FreedZach that provides the nitty gritty on the @Ticketmaster-@LiveNation merger. š
3/ Next is a NEW video from @MorePerfectUS, featuring @doctorow, that breaks down how Ticketmaster has weaponized its market power to bully its way to dominance.
Watch it here.ā¬ļø
Watch it here.ā¬ļø
