By Jem Aswad, Variety | Live Nation posted robust results in an earnings report encompassing the full 2022 year and its fourth quarter released Thursday, and looks ahead to a blockbuster 2023 amid ongoing government attention to its Ticketmaster division after the debacle surrounding last fall’s on-sale for Taylor Swift’s stadium tour.
On a very busy Thursday for the company, it also launched the FAIR Ticketing Act in an effort to combat excesses in the secondary ticketing market, and plans to release a statement in response to one issued earlier in the day by Senators Amy Klobuchar and Mike Lee, who led last month’s controversial Senate hearing on the ticketing industry.
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Read the whole story here including how much money Live Nation made off us poor people:
https://au.variety.com/2023/music/news/live-nation-2022-year-end-results-launches-fair-ticketing-act-8867/
[Thanks to Alex Teitz for contributing this article! http://www.femmusic.com]
March 2, 2023| Colorado Music-Related Business| Barb Dye