Ticketmaster And Live Nation To Prevent You From Hearing Music
February 5, 2009 at 2:05 am
Econ majors, define antitrust.
Ticketmaster and Live Nation are possibly days away from a merger. The government may shoot down the deal, if it decides the companies will monopolize ticket sales, concert venues, and artist representation in an illegal way. If it's allowed, though, it will likely mean major cash money for anyone who wants to go to a concert. Upside? You won't have to worry about getting out to the middle of nowhere to see a band at the Electric Factory. Because it will be too expensive.
This news makes the song below, Rugged N Raw's "I'm Broke and Proud," all the more prescient (NSFW due to language). By the way, if the merger goes through, tickets to see this guy will cost $700: