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...merger result in lower ticket prices for the public? Phillips said Live Nation has a history of being "aggressive" with pricing. "We walked away from bidding on Fleetwood Mac because we thought the guarantee was too high and what we'd have to charge the public would be too much," he said. Mickelson noted that Live Nation's new ticketing company introduced service fees that were even higher than Ticketmaster's: "A Coldplay ticket at a Ticketmaster building had a $15 service charge, and the same Coldplay ticket at a Live Nation ticketing venue had a $21 service charge...
...promising musician, for example, would find the options limited. "A young artist coming up who wanted to play in the buildings owned and managed by Live Nation could be told they need to use Live Nation's management company. What would be the restriction on that?" asked Jon Landau, Bruce Springsteen's manager. "It puts too much power into the hands of too few people in our profession...
...were forced to pay scalper prices for the tickets. "That was just an outrageous event," said Landau. The Boss himself rallied fans against the Ticketmaster merger. "The one thing that would make the current ticket situation even worse for the fan than it is now would be Ticketmaster and Live Nation coming up with a single system, thereby returning us to a near monopoly situation in music ticketing," he said in an online post...
...Ticketmaster chairman Barry Diller ultimately apologized and blamed computer glitches for the ticketing mishap. But industry heavyweights snickered. "That stuff has gone on all the time. When he said it was a computer glitch - ha-ha - I nearly fell off my chair," said Randy Phillips, CEO of AEG Live, the country's second largest concert promoter. "I could not believe it. I mean, these are sophisticated businessmen - my God, a computer glitch?" Not surprisingly, Phillips opposes the merger and has even suggested he may cancel his seven-year contract with Ticketmaster if the deal goes through...
...1990s. But Ticketmaster has its fans - Smashing Pumpkins' Billy Corgan sent Congress a letter gushing support for the proposed merger. The letter was an about-face for Corgan, who in the past was critical of Ticketmaster's system and opted to use Jam Productions instead of Live Nation for some of his tours. However, Corgan is now a client of Azoff's Front Line artist-management company within Ticketmaster...