12.25.2009

Even Zap2It Can See This Isn't A Good Idea


Earlier this year, I posted a rant here on B4A about how the Ticketmaster / Live Nation merger deal was a bad idea.  Now, a site that's not even related to the music and live event industry is ranting about it - Zap2It.  Here's the rant from their year-end Hits & Misses post.
Executives from Ticketmaster and Live Nation want us to believe that the proposed merger between the two companies is the only way we're going to see lower ticket prices and better customer service come to the live music biz. They may ultimately be proved right, if the government allows the merger to happen. In the meantime, however, the public is learning quite a bit about the way the concert industry works, and how the secondary ticket market not only flourishes, but ultimately gets hold of the best tickets in a given venue. The Wall Street Journal, for instance, revealed that prime seats are often resold for higher than face value by artist reps. Never mind the merger, the whole live music biz gets a giant MISS.
The post was written by Todd Martens of the LA Times.

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