Live Nation Monopoly

10 02 2009

ticketnation1Oh no dey di’nt … Looks like the world’s biggest concert provider has merged with the greedy devil Ticketmaster. Striking a deal worth $2.5 million, concert goers everywhere just might be paying a pretty penny for shows.

This basically can become a vertical monopoly! With the new company now called Live Nation Entertainment, they now control a healthy sum of concert venues, the ticketing to the shows at those venues and even the exclusive rights to some of the performers at those venues.

But who knows, this might work out in your benefit and actually lower ticket prices. Right? Ha! Does a cat fuckin bark?!!!

In the words of The Adicts: “Viva la Revolution.”

Read more about this corporate brouhaha here.

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