Live Nation Entertainment, Inc. (LYV) – New Addition Brings New Baggage

by lydia on February 17, 2010

by lydia

Live Nation Entertainment Inc. produces 22,000 concerts a year, for many artists around the world. This site connects fans with artists through tickets and live concert experiences, as it is the largest concert producer in the world. Live Nation Entertainment recently paired with TicketMaster will soon resolve issues the public has had in ordering tickets through TicketMaster. When customers came to order tickets online from TicketMaster they were steered to TicketsNow, to pay a more expensive price than what TicketMaster had to offer. This aggravated the public when they had to pay more for their Springsteen tickets than what they had expected. The Federal Trade Commission, is going to make an announcement Thursday, February 18th, which will include refunds from the concert, as well as conduct restrictions to prevent a repeat of the Springsteen concert incident with TicketsNow.

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