W
Welcome to seethereality Alternate, a weekly e-newsletter for startups and markets. It was impressed by the each day seethereality+ column, the place it obtained its identify. Need this in your inbox each Saturday? Register right here.
When The Remedy’s vocalist Robert Smith stated he was “sickened” by Ticketmaster’s charges, many people felt judged. The platform then returned some charges, however is now additionally utilized by scalpers who promote total Ticketmaster accounts as an alternative of tickets. Is there nonetheless hope for live performance goers? — Ana
Play monopoly
If you happen to’re eager for a Ticketmaster different, you are not alone. Whether or not you are a fan of Taylor Swift, The Remedy, or Dangerous Bunny, there’s loads of purpose to rave in regards to the self-described “world’s main dwell leisure ticketing platform.”
Is all of the hate justified? Possibly not. Alternatively, the platform might merely assume greater than its share of duty. “It is simple in charge Ticketmaster and say it is their fault,” former CEO Fred Rosen, who led the corporate from 1982 to 1998, instructed CBC radio in January. “Pricing is pushed by demand.”
Regulatory authorities in lots of international locations disagree. Earlier this 12 months, the US Senate questioned Stay Nation, which in 2010 purchased Ticketmaster out of concern that it was a monopoly.
