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by rchaud 1307 days ago
Vertical integration.

They acquired the independent ticket sellers, then went on to acquire the physical venues themselves. Now if the artist wants to play at those venues, they deal with Ticketmaster from start to finish.

That means that even if artists wanted to buy a block of tickets to sell to their fans, their allotment would be whatever Ticketmaster themselves deem appropriate.

2 comments

Indeed.

Andrew Schulz's Beef with Ticketmaster | Joe Rogan https://www.youtube.com/watch?v=jS8a1rnPGGo

Luxottica is another example of vertical integration that needs to be broken up.