The New Music Business with Ari Herstand The FTC Sues Live Nation and Ticketmaster - NIVA Responds
This week on the New Music Business podcast, Ari sits down with Stephen Parker, Executive Director of the National Independent Venue Association (NIVA), which represents over 1,500 venues nationwide. Together, they discuss the Federal Trade Commission’s lawsuit against Live Nation and Ticketmaster, which alleges deceptive pricing practices that have enabled scalpers to exploit both artists and fans for billions of dollars.
Ari and Stephen break down the logistics of the case, its potential impact on the future of ticketed events, and the incriminating evidence pointing to Live Nation and Ticketmaster’s complicity. They also explore the broader issue of monopoly power in the live music industry, the push to separate the two companies, and the policy and legal strategies that could protect venues, artists, and consumers moving forward.
https://www.nivassoc.org/fixthetix/model-legislation
5:10 Introduction and Overview of Live Nation's Situation
10:10 FTC Lawsuit Against Live Nation and Ticketmaster
15:10 History of Live Nation and Ticketmaster Merger
20:10 Role of NIVA and Its Advocacy Efforts
25:10 Impact of Ticket Scalping and Resale Practices
30:10 Discussion on Ticketing Reform and Legislative Efforts
35:10 Challenges Faced by Independent Venues
40:10 Artists' Perspectives on Ticketing Issues
45:10 Future of Ticketing and Live Events
50:10 Closing Remarks and Call to Action
Edited and mixed by Peter Schrupp
Music by Brassroots District
Produced by the team at Ari’s Take
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