Ticketmaster Live Nation merger, is this going to be good for consumers or bad?
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M$4 Answers
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M$It's ridiculous that any one entity would even have the opportunity to have such a stronghold over the music business. Over time, more and more ticket sales have moved under the umbrella of Ticketmaster, which charges absurd fees and extra costs for consumers wanting to simply attend a concert. I've purchased tickets through Ticketmaster before where the fees have almost been as much as the tickets themselves. Merging with Live Nation would only make matters worse as the two together would ultimately have ties to over 200 music artists, many of them major headliners such as Madonna, Jay-Z, Miley Cyrus.
Guess where you will HAVE to buy these tickets from? You guessed it, Ticketmaster. The only consumers this merger might benefit are scalpers who will buy tickets in bulk, and after a concert sells out online in 20 minutes, can turn around and jack up prices for the average person who has no choice but to settle for ridiculously inflated ticket prices.
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M$Tom Morello of Rage Against the Machine said in the New York Times (http://www.nytimes.com/2009/02/09/business/media/09carr.html?_r=3) that fans need to develop an organized counterweight quickly. Check out www.musicliberationfund.org (sponsored by my company). If you agree, spread the word and let venues know.
New York Times
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$