Marc Lamont Hill
@marclamonthillnetwork·234K subscribers·2.8K videos
DOJ Targets Live Nation, Ticketmaster in New Antitrust Lawsuit
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May 24, 2024
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2:39Now PlayingOn Thursday's NIGHT SCHOOL, host Marc Lamont Hill discusses the U.S. Department of Justice lawsuit against Ticketmaster and its parent company, Live Nation Entertainment, alleging monopolistic practices detrimental to artists, fans, and smaller promoters. The lawsuit accuses Ticketmaster of imposing excessive fees on fans, restricting competition through long-term contracts with venues, and coercing venues into exclusive partnerships. Live Nation has countered, asserting that the DOJ's characterization overlooks fundamental economics in the live entertainment industry.
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