Ticketmaster faces class action lawsuit

Two proposed class-action lawsuits have been filed against Ticket Master recently, as two seperate cases of “misconstruing” customers has led to users of Ticket Master seeking damages against the site, including actual and punitive damages, injunctive relief and attorneys’ fees.
The first case arose when a man from New Jersey who had attempted to purchase tickets to The Dead, but was redirected to TicketsNow, a secondary ticket seller subsdiary of Ticket master. However, the problem persisted as the man was charged $830 for four tickets, and was not aware of the face value of the tickets ($99) until they arrived in the mal.  The man seeks action on behalf of Ticket Master users who were redirceted to TicketsNow from Ticket Master after January 15th.
“Within literally minutes of tickets going on sale by Ticketmaster, and often less than one minute later for high-demand events, those tickets are being offered for resale in the secondary market by TicketsNow at greatly inflated prices,” the suit says.
The second case occurred in Massachusetts when a man claimed Ticket Master and TicketsNow engaged in fraudulent misrepresentation, conspiracy and unjust enrichment, after the man had been redircted to TicketsNow in a similar fashion to that of the first case. This time it is alleged that the man had purchased two tickets from TicketsNow for $455.50, but later received an email stating he had purchased 9 tickets at a $90 face value, yet charged for $2,064.25.
The validity of these claims has yet to be established, however, we will update the story as news comes in.

TicketMaster & Live Nation Combine!

Big news in the ticket industry today; TicketMaster and Live Nation officially announced their merger to create Live Nation Entertainment Inc. The entertainment super-company Billboard refers to as “the most powerful and influential entity the music business has ever known,” will have an enterprise value of about $2.5 billion.
Live Nation Entertainment Inc will touch every aspect of the entertainment industry. Live Nation is already the largest producer of live entertainment, owning most venues and producing over 16,000 concerts per year in 57 countries. Recently, they have started signing exclusive deals with major artists like Madonna and U2 that include touring, merchandise, website and other ventures.
TicketMaster not only brings their ticket technology as the largest ticket seller, they also own TicketsNow a major ticket re-seller, as well as Front Line Management, an artist management firm that represent major acts like Miley Cyrus and the Eagles.
The companies are assuring concert fans that the merger will improve “access and transparency” and that they will be able to develop new strategies that will benefit the customer, improve attendance at events and support a healthier live entertainment industry.