Music News

Senate Judiciary Antitrust Hearing on Ticketing Industry

The long-awaited listening to earlier than the Senate Judiciary Committee to handle competition issues in the ticketing and live entertainment business is occurring right now (Tuesday, January 24) in Washington D.C. The listening to, which is scheduled to start at 10 a.m., will include testimony from numerous witnesses: Reside Nation Leisure President and CFO joe Berchtold, SeatGeek CEO Jack Groetzinger, Jam Productions President/CEO Jerry Mickelson, singer-songwriter Clyde Lawrence, James Madison Institute’s Sal Nuzzo and American Antitrust Institute’s Kathleen Bradish.

The listening to might be streamed dwell – watch the video beneath:

Tuesday’s listening to is anticipated to heart largely on Reside Nation Leisure and its outsized position within the dwell leisure and ticketing enterprise. The leisure big that happened when Reside Nation merged with Ticketmaster in 2009 – after having consolidated many of the largest regional live performance promotions companies in North America – has lengthy been accused by critics of working as a de facto monopoly. The listening to was scheduled within the wake of a contemporary wave of criticism following the messy presale in November for Taylor Swift’s Eras Tour.

Final Up to date on January 24, 2023 by Dave Clark

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