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(Bloomberg) — Major ticketing websites including Ticketmaster and SeatGeek Inc. will announce transparency initiatives designed to make it easier for consumers to see all the costs upfront for ...
Ticketmaster has told investors that it will be more transparent about extra fees added to tickets after multiple recent controversies. Live Nation and Ticketmaster were the subject of a recent ...
Live Nation Entertainment (Ticketmaster's parent company) issued a statement claiming that the new scaled fee structure actually increases transparency. "We have taken steps to make ticket fees as ...
By September, Ticketmaster, its corporate parent Live Nation and SeatGeek have pledged to show all-in ticket prices where customers can see one "clear, total price" free of "junk fees." ...
Ticketmaster is not having a great 2023. With ticket prices rising (see: Bruce Springsteen) and Taylor Swift’s Eras Tour crashing its system, leading to a Congressional hearing for the ticketing ...
Now, Ticketmaster is hoping to repair their reputation by providing more transparency over those fees. According to Billboard, the company plans to provide more information both to the public and the ...
And then, half of the ticket portion of the fee went to Ticketmaster, and half of that actually goes back to venues. So the venues are taking 75%-plus of that fee, and Ticketmaster only 25%.
Executives with Live Nation Entertainment (parent company of Ticketmaster) are expected to promise they'll stop hiding “junk fees” from customers Thursday as both Democrats and Republicans ...
Ticketmaster Is Mandating More Transparent Ticket Pricing For Concerts As Soon As This Week. ... the consumer’s perception that there’s this magical extra fee added on.” ...
The new price transparency comes as the Biden-era Federal Trade Commission "Junk Fees Rule" went into effect on May 12.. The rule requires event ticket sellers, hotels and short-term lodging ...
The FTC's hidden fee regulations are a pro-consumer rule that aids transparent pricing. As Ticketmaster has noted, the U.S. was the only country where that wasn't already the case, at least when ...