Ticketmaster Saddled With Debt 2008-06-27 by Dave de Sylvia EMERITUS | 6 Comments | In a turn of events that will sadden nobody, but will probably depress everybody, Ticketmaster has been released by its parent company LAC/InterActiveCorp.
Ticketmaste will act as an independent company from 2009, complete with a massive $750 million, a cost which will naturally be turned on to the consumer in the form of evermore inexplicable fees and charges.
A major factor in Ticketmaster's new direction appears to be a split with long-time client LiveNation, which was responsible for roughly 17% of Ticketmaster's $1 billion revenue in 2006, which will come into effect at the beginning of next year.
Stay tuned for more news and phantom charges.
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Tagged: Various Artists
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well, good thing ive gone to 4 concerts already this year and still have pemberton fest and 6 concerts there after. next year im goin to thailand. dont know how long ill be gone so for me, im glad i got my music fix in before such escapades.
shitty deal for everyone else tho. the convenience charges are already pretty rediculous....
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this sucks
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Pretty soon the "convenience fee" is going to be as much as the actual ticket.
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The charges for Iron Maiden equaled the ticket price. Boy was I laughing when my two tickets cost 80 instead of 40.
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Pretty soon the "convenience fee" is going to be as much as the actual ticket.
So ridiculous.
Concert price: $30.
Price when you get there: $50.
WHAT?! At least they sell $20 tickets w/ 2 free drinks @ the Rave.
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i fucking hate ticketmaster so much, i don't even have the strength to complain about them
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