Live Nation Avoids Ticketmaster Breakup By 'Open Sourcing' Their Ticketing Model (nbcnews.com)
- Reference: 0180935250
- News link: https://yro.slashdot.org/story/26/03/09/1930204/live-nation-avoids-ticketmaster-breakup-by-open-sourcing-their-ticketing-model
- Source link: https://www.nbcnews.com/business/consumer/ticketmaster-live-nation-settles-antitrust-case-rcna262392
> The company and the Justice Department reached a settlement on Monday, following a week of testimony during an antitrust trial that threatened to potentially separate the world's largest live entertainment company. [...] On a background call with reporters Monday, a senior justice official said the deal will drive down prices by giving both artists and consumers more choice.
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> As part of the agreement, Ticketmaster will provide a standalone ticketing system that will allow third-party companies like SeatGeek and StubHub to offer primary tickets through the platform. The senior justice official described it as "open sourcing" their ticketing model. The company will also divest up to 13 amphitheaters and reserve 50% of tickets for nonexclusive venues. Ticketmaster is also prohibited from retaliating against a venue that selects another primary ticket distributor, among other requirements. Although a group of states have joined the DOJ in signing the agreement, other states can continue to press their own claims.
[1] https://www.nbcnews.com/business/consumer/ticketmaster-live-nation-settles-antitrust-case-rcna262392
Wow (Score:2)
The moral of the story seems to be: don't piss off Taylor Swift fans. They'll make a federal case out of it and take you apart.
Re: Wow (Score:2)
I mean, they didn't take them apart. They paid a pittance of a fine and agreed to some buzzwords that they'll implement so poorly as to be useless.
Re: (Score:2)
Not really.
Gail Slater was the Antitrust Director at DoJ and she got shitcanned a few weeks ago because she was actually going to anti-trust Ticketmaster. The Lobbyists got that "problem solved".
Yes, it's as corrupt as you can imagine.
(reportedly/allegedly/etc)
And the manipulation will continue... (Score:2)
Ticketmaster stories always remind me of this bit from [1]Rick and Morty [wikipedia.org], [2]Raising Gazorpazorp [wikipedia.org] (S01E07):
> Rick: Well, obviously, Summer, it appears the lower tier of this society is being manipulated through sex and advanced technology by a hidden ruling class. Sound familiar?
> Summer: [*gasp*] Ticketmaster.
[1] https://en.wikipedia.org/wiki/Rick_and_Morty
[2] https://en.wikipedia.org/wiki/Raising_Gazorpazorp
Yeah, I didn't think "open sourcing" was right... (Score:2)
(Haven't spent time to confirm, but it reads as plausible) This is Google's AI explanation for...
What does live nation "open sourcing" their ticket sales model mean?
"In the context of the March 9, 2026 antitrust settlement with the U.S. Department of Justice (DOJ), Live Nation "open sourcing" their ticket sale model refers to a requirement for Ticketmaster to open its technology platform to competitors. [1, 2]
Rather than a literal release of software source code, this "open sourcing" is a structural change
F that. (Score:2)
a senior justice official said the deal will drive down prices by giving both artists and consumers more choice.
It's not clear if they're deluded/ignorant, or simply lying.
"Open Source" (Score:4, Insightful)
You keep using that word. I don't think it means what you think it means.