Ticketmaster 'Retaliation' Cost Brooklyn Arena Billie Eilish: Testimony
Business Insider • • entertainment
Key Points:
- In 2021, Barclays Center switched from Ticketmaster to SeatGeek for ticketing, but faced significant retaliation from Ticketmaster and its parent company Live Nation, according to testimony from former Barclays CEO John Abbamondi.
- Abbamondi testified that Live Nation punished Barclays by drastically reducing Live Nation-promoted concerts at the venue and relocating major events like a Billie Eilish concert to a competing arena, which he described as evidence of anti-competitive retaliation.
- The Department of Justice and a coalition of 39 states allege that Live Nation holds a monopoly in the live music industry, using its dominance to unfairly punish venues that refuse to use Ticketmaster’s services, forcing them to return to Ticketmaster despite inferior technology.
- Live Nation denies
